PayJoy provides smartphone-enabled consumer financing solutions. It enables customers to purchase and pay for electronic items over time. It changes upfront purchases into pay-as-you-go monthly installments. The company’s technology locks devices unless a monthly payment is made, improving customer payment rates. It offers financing solutions for smartphones, washing machines, TVs, and air conditioners, bringing a middle-class lifestyle to people around the world. The company was founded in 2015 and is based in San Francisco, California, United States.
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