Device financing software is a platform that lets retailers sell Android phones on EMI and manage every stage of that transaction from the moment the device is handed over to the customer. Without it, retailers rely on phone calls, spreadsheets, or generic CRM tools that have no way to enforce payment on the actual device.
With EMI Locker, the device itself becomes the enforcement layer. If a customer misses an EMI, the software can restrict their phone, send automated WhatsApp reminders in their local language, or remotely lock the screen — all without a visit from the retailer or a field collection agent. This shifts collection from a manual, expensive process to an automated, device-enforced one.
EMI Locker covers three things no other Indian device financing software does together: running-device enrollment (no factory reset), Google DPC compliance (not accessibility service hacks), and a full AI recovery suite with risk scoring, fraud detection, and automated reminders.
Every operational layer a phone retailer or distributor needs — in one integrated platform.
Enroll customer Android phones that are already in use — no factory reset, no data loss. Enrollment takes under 5 minutes in-store with no QR code scanning required. Once enrolled, you have persistent policy control that survives reboots.
Each device activation uses one key. Keys flow down from SuperDistributor → Distributor → Retailer with custom ₹ pricing margins at every level. Wallet top-ups accept UPI, NEFT, and RTGS payments. Every movement is tracked in a full audit log.
AI risk scoring predicts who will miss their next payment before they do. The collection assistant generates daily action lists. WhatsApp and voice reminders go out automatically in local languages. Smart auto-lock decides whether to wait, remind, restrict, or lock — without manual intervention.
Remote lock/unlock, GPS live location, camera lock, call restriction, app lock, silent lock, EMI screen alert, audio alert, wallpaper branding, OTA updates, and remote reboot — all controllable per-device from the dashboard or triggered by AI rules.
Multi-tier partner networks are supported natively. SuperDistributors set base pricing, Distributors set retailer margins, Retailers activate keys. Every approval, transfer, and wallet transaction is visible to the tier above — with role-based access control for each level.
Real-time alerts for factory reset attempts, SIM swap detection, and device tampering. If a customer tries to bypass device controls, the system flags the device, notifies the retailer, and can trigger an automatic lock response — protecting financed inventory from fraud.
Most Indian phone retailers today manage financed devices with a mix of WhatsApp reminders, phone calls, and Excel sheets. Here is what changes with EMI Locker.
When a payment is missed, the software enforces it on the device itself — reminder, restriction, then lock — without a single phone call from your staff. Manual collection typically spends 3–5 hours per week per retailer on follow-up calls alone.
Devices enrolled under DPC policy cannot be fully factory reset without the retailer's release key. Even if a customer attempts a bypass, fraud detection alerts fire immediately. "Device walked away" defaults are eliminated.
A distributor managing 200 retailer accounts through manual tracking needs a dedicated collections team. With device financing software, the same portfolio is managed automatically — the AI prioritises which accounts need human attention and handles the rest.
EMI Locker uses a pay-per-activation model. No monthly SaaS fees. No commitment. Add wallet balance and spend it as you enroll devices — ₹60 per key at base rate, with volume discounts as your network grows.
Everything retailers and distributors ask before getting started.
Sign up as a retailer or distributor today. Onboarding takes under 10 minutes.