About Simpl App
It is a mobile app that allows users to make purchases and pay for them later, with a credit limit that is set by the app. The app also offers the ability to earn cashback on purchases made through the app. It's quite popular in India and allow users to pay their bills and merchants via the app.
With Simpl, you can use the app to make purchases at various merchants and pay for them later, instead of paying upfront. This can be useful if you need to make a purchase but don't have the funds available at the moment.
In addition to this, the app also provides you with a credit limit that you can use to make purchases. And also you can earn cashback on purchases made through the app.
You can also use the app to pay your bills, such as mobile phone bills, electricity bills, and more. The app allows you to view your past transactions, track your spending, and manage your account settings.
The app also provides a feature for merchants, allowing them to accept Simpl as a payment option for their customers. This can help merchants increase sales and reach more customers.
Features Of Simpl App
Some of the other features that Simpl app offers include:
- Instant credit: The app allows you to get instant credit without the need for any paperwork or lengthy approval process.
- No-cost EMIs: You can use the app to make purchases and pay for them in easy instalments without any additional interest or fees.
- Purchase Protection: The app provides purchase protection for all transactions made through it, ensuring that you are protected against fraud and unauthorized transactions.
- Referral Program: You can refer the app to your friends and family, and earn cashback for every successful referral.
- Simpl Assist: The app provides 24/7 assistance to help you with any queries or issues related to the app.
- Accept Simpl as Payment: The app allows merchants to accept Simpl as a payment option, making it easy for their customers to pay using Simpl.
- Rewards: The app offers rewards to its users, such as cashback and discounts on purchases made through the app.
- No Extra Fees: The app doesn't charge any additional fees for late payments or for using the credit limit.
Simpl is a very useful app for those who want to make purchases and pay for them later. It offers a variety of features that can help you manage your finances and make purchases more conveniently.
Process to register on Simpl App
The process to register on Simpl app is fairly straightforward. Here are the steps you can follow :
- Download the Simpl app from the Google Play Store or the App Store.
- Play Store - https://play.google.com/store/apps/details?id=com.simpl.android
- Website - https://getsimpl.com/ - Open the app and select "Sign Up."
- Enter your mobile number and verify it with an OTP (One Time Password) sent to your phone.
- Enter your personal information, including your name, email address, and date of birth.
- Set a password for your account.
- Add your PAN card and aadhar card for verification.
- Add your bank account details for transactions.
- Submit the application for review.
- Once your account is verified, you will receive a credit limit based on your creditworthiness.
- Start shopping and paying later with Simpl.
Please note that the process may vary slightly depending on the specific version of the app you're using.
How does repayment work on it ?
Repayment on Simpl app works by allowing users to make purchases and pay for them later, rather than paying upfront. Users are given a credit limit by the app, which they can use to make purchases.
The app provides users with an option to pay for their purchases in easy instalments, with no additional interest or fees. Users can choose to pay for their purchases in EMIs (Equated Monthly Instalments) over a period of time.
The app also provides users with an option to pay the entire amount due at once, at their convenience. This can be done by going to the app's 'Payments' section and selecting the 'Pay Now' option.
The app also provides the feature of AutoPay, which allows users to set up automatic monthly payments for their purchases. This will ensure that the amount due is automatically deducted from the user's bank account each month, without any manual intervention.
Users can also track their transactions and payments in the app's 'Transactions' section, and can see their current balance, due date, and other details related to their payments.
Please note that Simpl app may charge late fee in case of late payments so it's best to keep track of your repayment schedule and make payments on time to avoid any late fees.
Conclusion
Overall Simpl app can be a useful tool for those who are looking for a convenient way to make purchases and pay for them later.
However, as with any financial service, it's important to make sure you understand the terms and conditions of the service and read reviews from other users before signing up. It's also important to keep in mind that using credit facilities such as Simpl app can have an impact on your credit score, so it's important to use it responsibly and make payments on time.
In summary, Simpl app can be a good option for those who are looking for a convenient and flexible way to make purchases, but it's important to use it responsibly and keep track of your repayments.