5G continues to see growth worldwide. As consumers are looking to upgrade to 5G mobile devices larger mobile operators are venturing into the MVNO market, driving even greater competition.
MVNOs offer the same speeds, coverage and connections as the major cellular carriers. But they do lack fewer plans. Telispire, a subsidiary of the National Rural Telecommunications Cooperative, announced it will integrate Splitit’s Installments-as-a-Service platform into its Phoenix back office and billing system. The integration will allow Telispire’s (News - Alert) MVNO customers to offer installment payments to its subscribers more easily.
Telispire, helping companies enter the wireless business since 2000, provides tools that allow telecom companies to automate, manage and change workflows through the Phoenix back office and billing system.
Telispire also offers a turnkey mobile telecom service for local and regional operators, utilities, co-ops and cable companies. Telispire's flexible turnkey solution enables operators to enhance their brand by selecting relevant products and services, including provisioning, billing, eCommerce, fulfillment and customer support.
"Telispire is empowering innovative mobile retailers with a turn-key platform that will have embedded installment services via Splitit,” said Splitit CEO Nandan Sheth. “Their clients will have zero implementation burden."
Splitit's white-label installments solution provides a single-point API integration. This will ensure Telispire can offer its customers the flexibility to nurture and retain their subscribers, driving loyalty and promoting brand consistency on their terms.
The installment experience is embedded into the existing purchase flow, with the flexibility to determine specific products or product categories to offer Splitit installments and the number of the installments provided.
“Splitit's white-label installments gives us a valuable tool to offer our resellers that puts them on a more equal footing with larger competitors without having to manage the technical integration," said Telispire Chief Operating Officer Craig Andrew.
Any consumer with the available balance on their credit card is automatically pre-qualified to use Splitit. There's no application, registration or redirects. There’s also no additional interest, hidden fees or credit checks.
Edited by Erik Linask