Simpl is a technology company that is rebuilding the online transaction and authentication layer from scratch. By taking advantage of a smartphone’s processing power and the data it generates, Simpl provides a transaction experience that is more seamless, effortless and smarter than anything seen before. Watch Simpl in action here: https://cdn.getsimpl.com/about-us/simpl-in-action.zip
Simpl is uniquely placed to solve the trust gap that currently exists in India with respect to online payments. Payments fail often, refunds take time and no one wants to follow up with merchants or banks. The result is that 70% of all transactions in India is still settled with cash, so that the payment can be done after delivery – even though most users now have bank accounts and debit cards.
Simpl solves this problem by allowing a user to pay for multiple orders later. This means that even once a transaction is done, money hasn’t left the user’s bank account – giving users far more control and an experience that’s unlike any other payment mode.