Yes, Simpl is among the most premier checkout experiences available today. Due to a network of 40 million approved users and over 1 million daily transacting shoppers, Simpl is clearly among the most trusted payment options on a network of over 26,000+ brands. Simpl uses a highly robust data and engineering model to approve users on the basis of their own proprietary scoring system without impacting customers' overall credit history. The algorithms used in the back-end undergo an ever-evolving process of iteration, making them more nuanced and efficient each day.
In case of delinquency in bill payment, Simpl does levy a pre-decided and agreed-upon fee only on the outstanding amount and intimates its users on doing so. The buy now, pay later option on Simpl is designed for user convenience - a fact evidenced by over 5 Million downloads that the app has on its Google Play and App Store platforms.
Signing up on Simpl is quite easy and can be done in minutes. Simpl bills as well can be repaid via Autopay or UPI, which further bolsters the faith among users that their data is safe and secure on the platform. The purpose of the Simpl app can be easily explained in a few words - Simpl is a checkout network that enables merchants to build trust and form a long-term relationships with their consumers. Simpl believes in empowering merchants and users at the same time by offering ease and convenience.