As BillFloat expands its programs to provide options for consumers left behind by traditional financing, the company has been covered by numerous journalists and its CEO was invited to a panel of the Cleveland Federal Reserve Bank. Over the summer, MobilityTechzone.com wrote about BillFloat’s SmartPay program in an article that broke down differences between the United States smartphone market and those elsewhere.
2.
As BillFloat expands its programs to provide
options for consumers left behind by
traditional financing, the company has been
covered by numerous journalists and its CEO
was invited to a panel of the Cleveland
Federal Reserve Bank. Over the summer,
MobilityTechzone.com wrote about BillFloat’s
SmartPay program in an article that broke
down differences between the United States
smartphone market and those elsewhere.
3.
In other places around the world, consumers bear the
full cost of their smartphones but retain freedom in
terms of service agreements. In the U.S., on the other
hand, most smartphone purchases are subsidized by
a service provider but lock a consumer into a longterm contract.
With its SmartPay program, BillFloat has offered
consumers who want neither to pay the entire cost of
their new phone up front nor a service contract a
lease-to-buy option. Lease terms run from six
months to a year, and the article mentioned that
BillFloat is working on expanding the capability of
small businesses to offer phones as well.
