Simpl Pay-in-3

Split into 3, Simplify Payments Effortlessly!

Overview

Simpl PayLater, a Buy Now, Pay Later (BNPL) service which offers a 1-tap checkout option and facilitates quick purchases for your customers with no additional charges. Simpl extends credit to users based on their phone number. It utilizes a robust model to approve credit for users based on their CRIF score without impacting their overall credit history on other platforms such as CIBIL or Experian.

Simpl Pay-in-3 is a feature of the Simpl app that allows users to pay for their purchases in three equal installments with no extra interest or processing fees. Its a split payment feature that is designed to be budget-friendly, transparent, and easy to use.

With Simpl's Pay in 3 option, user’s have flexibility on:
- Pay one-third of the total upfront
- Spread the remaining balance over two months

Users can download and install the Simpl app to access complete details of their purchases, bills, and to make bill payments.

Feature Details

Simpl Pay-in-3

Feature Benefits

• Interest-free payments over a set period of time

•  Repay the purchase in installments

• Set up a spending limit to make payments without entering their passwords or OTPs. 

• Credit limit of up to ₹25,000

• Personalized offers and rewards

• Easy way to extend credit to your users

Frequently Asked Questions