777funk As far as giving a shady (I don't know enough about them to say yes or no here... nor am I security aware enough to understand from a computing standpoint) company full access to my kid's life (he's signing up for it), there's really nothing to give. There's no browser. He won't be doing any business on the phone since there's really nothing there but text, phone, and a camera. His texts will be basic day to day nonsense that doesn't mean much to anyone else as will his talk and camera. So there's not much concern here.
I'll make this clear one last time, since you still don't seem to understand this:
As the admin of that device they can do EVERYTHING with it. Imagine a hacker sits in your network. They can install malware, grant it all permissions. Spread it on the network. Listen to your conversations. Make pics of your children when they are n*de and share them on the dark web at any time.
If the company were out to take banking details, they'd need to be in the smart phone business. At least with the dumbest program they offer, there sure isn't much to scam.
They ARE! You get the same smartphone as anyone else! The only thing "dumb" about this phone, are their customers. There is a full Android OS with a rootkit running below the interface of the launcher.
I'll explain it, in really simple terms:
The phone, when you start it, is a normal Samsung phone. There is nothing else installed on it, except a device policy to check for enrollment.
When you start it, you MUST connect it to the internet (pretty much the opposite of any dumb phone), because it has to load and enable all the crap from Wisephone's MDM server. Once that connection happens, it starts the process by limiting your access to the software, while giving them full access over it.
Congratulations, you now have an overpriced bug in your house.
If this still doesn't convince you, I give up.
Btw: if you ever miss a payment, they will just turn the phone into a brick, just warning you now before you spend thousands of dollars on it.
An honest company (and not a scamming one), would just use existing hardware and install a different OS on it (like others do), where the changes are made at an OS level and not enrolled in someone's MDM.
The fact they chose this route, clearly shows they don't have good intentions.
And before you say it: you also have to trust them to not mishandle their MDM access. If they leak the keys for some reason (like not taking security seriously), the new owners of those keys will also have full access to every single Wisephone out there. That'll be fun!