Tired of putting on OTP every time you make a payment? Enjoy one-click payment for an exclusive online shopping experience with Simpl. Want deals when you use Simpl? Check them below.
Simpl, a Bengaluru-based fintech startup has transformed the online checkout system in India by building a buy now pay later platform. Currently the nation’s fastest-growing single-click checkout network, Simpl partners with some popular online brands such as Zomato, Rapido and Big Basket. Over the years, the company has developed a wide range of offerings. This includes a one-time checkout feature called Bill Box, which automates the customers’ recurring payouts. The coolest fact about the Simpl app is that it allows customers to purchase items or avail services without worrying about making payments right at the moment.
Although the buy now pay later services have been in the Indian market for a while, the sector has gained popularity in recent times. Thanks to the booming E-commerce industry and increase in digital payments across the nation. When using the Simpl app, the customers know that they do not have to pay right at the moment. Simpl makes use of its own underwriting technology to decide to whom it would offer the services. Coming to the brands associated with the company, an essay checkout procedure helps them to increase their conversion rates significantly. Simpl, in other words, can be defined as an online khata, that is created on the bedrock of trust between customers and online companies.
The app seeks to build a larger E-commerce market and accelerate the adoption of digital payments in India. Currently, more than 7,000 brands use Simpl. The company further proposed to enhance the consumer and merchants’ experience by introducing Simpl to offline neighbourhood shops and creating a customer loyalty program. As Simpl focuses on continuously upgrading its app and enhancing the user experience, it has emerged as a preferred partner for many merchants. The company works with the mission of democratizing E-commerce for all businessmen, irrespective of their size and manpower.
Although online shopping is a lightning-fast experience and a convenient option for today’s tech-savvy generation, many customers face trouble during checkouts. This is when the Simpl app comes to your rescue. The app brings before you an online khata, using which you can check out with a single tap and pay later for your transactions. Let us have a look at the various reasons why you use the Simpl app.
Simpl doesn’t follow the credit scores system. The app runs on its machine learning models to understand the needs and demands of the customers.
There are no hidden fees or piles of paperwork featuring terms and customers. Transparency is maintained throughout the entire process of bills to refunds.
With the pay later feature, Simpl makes your purchases easier and more comfortable. The app facilitates the users to divide their income across their shopping needs.
By using the Simpl app, you can make your purchases from more than 15,000 online stores. Notable companies which are associated with Simpl include the online grocery shop Big Basket and the Indian multinational restaurant aggregator-Zomato. Other partners are Practo(healthcare platform), JioMart(multicategory E-commerce store), Purple( Online beauty and skincare store), Bounce(Self-drive bike rental service), Furlenco( Online furniture rental service) and Quick Ride(Carpool and cab rental services).
When customers make online purchases, they need to pay special attention while putting in their details. Unfortunately, this complex procedure does not guarantee the customers a hundred percent security. More than often, you fall into the trap of fraud companies while sharing information over the internet.
Simpl puts its customers’ security as the foremost priority. When you make payments via Simpl, your bank details aren’t passed on to the company whose services or products you are purchasing. By cutting down the number of times you share your bank details online, Simpl reduces the chances of fraud.
|User Category||Promo Code||Offers|
|For new users||SIMPLNEW||Enjoy up to 60% off on your first Zomato transaction on Simpl.|
|For existing users||SIMPLPARTY||Enjoy flat Rs. 50 off on selected eateries. The discount is valid for orders above Rs. 250.|
It is important to note that the offer can be availed only once by a user and the maximum discount amount is Rs 150. These coupon codes provide you instant discounts on the bills and both Simpl and Zomato have the authority to make changes in the deals and offers.
|Big Basket||Enjoy 5% Cashback up to Rs 1000|
|Jio Mart||Get 5% Cashback up to Rs 1000|
|Net Meds||Save up to Rs 100 (No minimum order value)|
|Go Mechanic||Enjoy 5% Cashback up to Rs 750|
|MY GLAMM||Get 10% Cashback up to Rs 100|
|Licious||Get 10% Cashback up to Rs 150|
So, what are you waiting for? Use the above-mentioned codes and purchase exclusive products and services at discounted prices. Make sure, you use the coupon codes now as they are valid for a limited time period only.
If you use the Simpl app, your bill will be generated two times a month. All the transactions made from the 1st-15th day in a month are summed up in one bill and generated on the 15th. On the other hand, all the transactions made from 16th to 30th are added together in a separate bill. This bill is generally generated at the end of the month i.e. 30th or 31st.
Simpl offers you the option to pay for your purchases before the generation of the bill. You can do this by simply logging into your account via the official website or the app.
Does Simpl take any action when the customers do not make payments?
If the payments are missed or not made on time, Simpl can charge you with a penalty amount of about Rs 250+additional taxes. However under special circumstances, for example in cases of an emergency, you can reach out to the customer service team of Simpl and address your issue. Considering your situation, the company may withhold the penalty or reverse it. Before a penalty is levied, the customer is notified about it multiple times through E-mails and SMS.
Once a company markets its products or services on the Simpl app, it becomes a Simpl Merchant. Thus, partner brands such as Dunzo, Red Bus, Jio Mart, and Go Mechanic are all merchants. Simpl focuses on creating meaningful and trusted relationships of customers with merchants. As a Simpl merchant, you get to enjoy many benefits such as a 0% transaction failure rate, a significant increase in the frequency of purchases and an almost 20 per cent rise in basket size.
Once you become a Simpl merchant, you can take complete control of your customer’s user experience. Apart from providing your customers with multiple facilities such as single tap check out and effortless budgeting, you also ensure buyer protection by facilitating chargeback protection and refunds. To become a Simpl merchant, simply apply on Simpl website.
Thus, Simpl is a two-sided marketplace, which helps merchants to identify their potential customers. The app is focused on building a high-quality user experience, making it easier for customers to shop online. The six-year-old start-up has expanded its business exponentially, resulting in a rise in the number of merchants and active users. The nation’s E-commerce business is at a booming stage and Simpl is a key player in speeding up the adoption of cashless payments.
To purchase a particular service or product through the Simpl app, kindly follow the step-by-step guide mentioned below: Step 1: Download the Simpl app from Google Play and sign up. Step 2: Now you need to link Simpl to your utility companies and merchants. Step 3: In the third step, give a tap on the Pay Later With Simpl button. Once you click on this button, your transactions will be passed on to your Simpl account. Step 4: Keep in mind to clear your bills every 15 days.
When you start using the Simpl app, there exists a default spending limit. However, with passing time, this limit is constantly updated depending on some factors such as your spending habits, the regularity of your repay and the strength of your account.
The cashback gets credited to your Simpl account once you have cleared your Simpl bill. If you didn’t clear your bill, you will be able to find your Cashback details in the Transactions section of the app. These details are also passed on to you through Emails and SMS.
If you have any queries regarding the services and policies of Simpl, you can reach out to them via the following E-mail id: [email protected]