Support for Financing Option for Device Installment Plans

You can now setup interest-based device installment plans with amortization details in addition to the current 0% interest-based installment plans.

Example: Simple atomic offer device A01vPhone is offered with interest-based installment plan as follows 

  1. from month 1 to month 6 - at 10% interest
  2. from month 7 to month 15 - at 9% interest
  3. from month 16 to month 23 - at 8% interest

The following image shows the creation of installment plan.

creation of installment plan

installment finance plan

The business benefit of this feature is you will be able to setup interest-based device installment plans to make it appealing to the market.

Steps to Enable

You don't need to do anything to enable this feature.

Access Requirements

  • Communications Catalog Product Manager
  • Communication Catalog Administrator