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
- from month 1 to month 6 - at 10% interest
- from month 7 to month 15 - at 9% interest
- from month 16 to month 23 - at 8% interest
The following image shows the creation of installment 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