Device Lock Technology
Boost Your Device Financing Business with Datacultr's Device Locking Solution Phone Lock Mobile Lock Solution TV Lock Tablet Lock
Payment defaults, financial risks, and declining revenues hampering your business growth?
Datacultr presents the ultimate solution with its advanced Device Lock platform. Trusted by industry leaders including top financiers, telecom operators, Smart TV Lock and device retailers, Datacultr’s technology adeptly manages millions of smartphone assets daily.
Secure your business, overcome challenges, and achieve remarkable growth with the reliable and efficient innovation of Datacultr’s solution.
Key Features of Phone Lock
Robust Device Lock
Our strong Device Lock technology ensures unparalleled security, safeguarding devices from potential breaches at multiple levels.
Diverse Payment Alternatives
Grant customers a wide array of payment options, encompassing payment apps, wallets, and USSD-enabled methods
Consistent Communication Channels
Engage your customers through over 20 distinct communication formats, ensuring you're always connected with your customers
Tailored Experience
Customize the Device Lock to align with your brand, offering a smooth and distinct user experience
Extensive Device Compatibility
Support ranges from Android smartphones, and Android Smart TVs to Google TVs ensuring comprehensive compatibility for diverse user preferences.
Configurable Business Guidelines
Design a device locking and communication strategy that resonates with your business. For instance, telecom service providers can launch SIM-Usage-based business rules, that can lock devices in case of non-compliance.
DATACULTR
Key Benefits
Ensure missed payments are made, by remotely locking the device
Safeguard your financial investment
Reduce payment lag and defaults
Boost customer trust and ensure consistent repayments.
Simplify and hasten the payment recovery process
Amplify your device financing business exponentially
Unique Locking Solutions
Odyssey platform supports 3 types of locking options that the bank, fin-tech or telco can choose as per their business use case. Use the relevant lock product for different business use cases. For instance, MNOs can use the network bundle lock, financial institutions can use the device lock and/or sim lock in case of non-compliance or non-repayment issues .
Device Lock
Apply the Device lock if the customer is unable to pay the loan instalments on time.
Sim Lock
Bind the financed device to the bundled SIM. Device will lock automatically if the customer changes his phone number.
Network Lock
Bind the financed device to the bundled Network. Device will lock automatically if the customer switches the network.
SIM & Network Lock
Financiers and telecom providers can confidently offer financing and bundling schemes, backed by the security of Device Lock, SIM Lock, and Network Lock. In cases of non-compliance, Datacultr ensures enforcement through remote, secure device locking—protecting both the offer and the recovery process.
Comprehensive Device Coverage
The Odyssey platform is fully compatible with the following devices, empowering NBFCs, banks, and fin-techs to seamlessly offer financing schemes to consumers.
Additionally, telecom operators can leverage Odyssey to drive growth in underpenetrated markets through device-based bundling programs for network and broadband services.
Smart Phones
Smart Televisions
Tablets
Lock for Tablets
Odyssey Tablets are the ideal solution for financiers looking to add tablet financing to their portfolio—without the risk.
With built-in locking and engagement features that support everything from early-stage nudges to overdue collections strategies, Odyssey enables up to 4x better recovery rates.
Lock for Smart TVs
Now get the same security and device locking capability on Android Smart TVs (Android 10 and above versions). Financiers can personalize the TV lock screen’s title and description, ensuring a direct and effective message delivery to end customers. Our technology can disable all remotes, including universal remotes. Additionally, the system allows for the proactive dissemination of payment and lock reminders through tailored messages.
Prominent Use Cases
Device Financing
in Retail Outlets
Telecom Operators & Retailers
providing Subsidized Devices
Financial Service Providers like
Banks, NBFIs, and MFIs offering Cash Loans
Protective Measures for
Warehoused and In-Transit Devices
Datacultr Dashboard
Swiftly initiate and configure your complete device financing business on Datacultr within 48 hours.
API Integration
Seamlessly integrate Datacultr with your existing CRM or Loan Management Systems, streamlining the entire loan process.
Take the leap
Empower your venture with Datacultr's locking solution — your gateway to reliable payments and unprecedented business growth. Secure your device financing endeavors, make the switch today!
Got queries or seeking more insights?
Our dedicated team is at your service
Most common questions
Frequently asked questions(FAQs)
How does the locking solution bolster repayment rates?
Datacultr employs sophisticated locking techniques to elevate loan comprehension, promote user involvement, and consistently initiate prompt payments, contributing to an improved overall financial experience.
Is it possible to modify the Device Lock to resonate with my brand?
Certainly! The lock can be customized to mirror your brand’s identity, addressing unique business requirements for a customized and unified representation that aligns seamlessly with your brand image and objectives.
Which payment methods are compatible with Locking Technology?
Device Lock offers versatility by accommodating various payment options, including payment apps, wallets, and USSD-driven solutions, providing a broad spectrum of choices for users’ convenience in financial transactions.
What all kind of locks can you provide?
Datacultr has advanced locking technology for Phones, Smart TV and tablets, allowing the following use cases to be covered :
- Device lock- on non-payment
- Sim Lock- on changing the bundled sim
- Network lock- on changing the broadband provider