If you’re in the business of loaning or leasing mobile devices, timely repayments for the full duration of a customer’s contract is essential to your company’s success and financial health. With thinkadam’s 
lockdown functionality, you’re able to achieve both!

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With thinkadam deployed, the consequences of a customer failing to meet their contractual repayment obligations is a lockdown that partially or fully shuts down the functionality of the device. This acts as a major incentive to customers to ensure their repayments are paid timeously.
 

By deterring defaults, thinkadam significantly reduces the financial risk of loaned or leased devices. This means onerous credit vetting criteria can be relaxed, giving more people access to financed smart devices. It’s a win-win: more customers are able to gain access to the latest phones – empowering them with access to online resources and opportunities – while providers are able to ensure full payment for these devices.