Simpl Pay Later App: Many people prefer online shopping these days, and various online payment apps let you buy now and pay later. Simpl Pay Later is an app that does this, and it simplifies your online shopping experience by eliminating the need for OTPs or passwords. It is among the smoothest Buy Now Pay Later Apps in India.
Here, we will provide the details of the app features, benefits, charges, and Customer Care Number of the Simpl Pay Later App. To take advantage of this app, read this article till the end.
Simpl Pay Later App Details
| Article Topic | Simpl Pay Later App |
| App Name | Simpl – Shop Now Pay Later |
| Credit Limit | Get a Credit Limit of up to Rs 25000 and spend it across 26000+ Apps! |
| Age | 18 to 55 years |
| Billing Cycle | 15-day credit period (1st and 16th of each month) |
| CIBIL Scored | Nil |
| Simpl Pay Customer Care Number | [email protected] Chat Support (Chat with us) |
What is Simpl Pay App?
Simpl Pay Later is a simple and secure way to pay for your purchases, and it helps you to handle your finances more effectively. It offers you an easy and convenient way to pay for what you want. Simpl Pay Later also gives you cashback offers and discounts on various online platforms. Simpl Pay Later is connected to 26,000+ online stores and utility companies, where you can check out with One Tap and pay later.
- You can also manage your utility bills and recharge your accounts with One tap, all inside the Simpl app.
- Simpl Pay Later offers a 15-day credit period and a one-tap purchase option at thousands of online retailers.
- You can clear your Simpl balance every 15 days with No Interest or additional charges.
Simple Pay Later is not RBI-regulated like some other BNPL service providers so it may have some limitations on the credit limit and eligibility criteria. Simpl Pay Later is a trusted and reliable app that has received positive feedback from many customers who enjoy its convenience and benefits.
Features and Benefits of Simpl Pay Later App
There are some features and benefits of the Simpl Pay Later app that may tempt you to use the Shop Now Pay Later. Which is explained below:
Buy Now Pay Later: Simpl App offers a buy now pay later option for online shopping. Pay for your online purchases in just one click and pay later. You also get the facility to manage your bills to pay your household bills on time.
Available on Multiple Stores: Due to the increasing popularity of this app, it has grown rapidly. Simpl App is connected to 26,000+ online stores and utility companies, where you can check out with one tap and pay later. You can also manage your utility bills and recharge your accounts with one tap, all inside the Simpl app.
15-day credit period: The Simpl app lets us pay for online purchases with a single tap, and we get an interest-free period of 15 days to repay it. Bill is generated on the 1st or 16th of every month and has to be paid within 5 days.
Minimum Charges: What makes the Simpl Pay Later app special is its Charges policy. The Simpl App does not charge any fees for on-time payments, but it does charge late payment fees if you fail to pay the bill by the due date. Late payment fees may be up to Rs 250+ taxes. They do not charge any fee for transferring credit to your bank account through the FASTag option. The Simpl App charges a flat interest rate on the outstanding balance, which is usually around 2% per month.
Cashback and Discount: Cashback and Discounts: Simpl App offers cashback offers and discounts on various online platforms. App users have shared positive feedback on social media about the convenience and benefits of the app.
No CIBIL Score Required: The Simpl app gives you control over your credit identity and helps you manage your finances more effectively. Simpl App uses machine learning models to understand customers and does not follow credit score rules.
Minimum Documents Required: The Simple Pay Later app provides transparency and trust without hidden fees or paperwork. The app offers a credit limit of up to Rs 25000 with less documentation, which can be used for online shopping. You do not need to provide any documentation to the manual.
Eligibility Criteria for Simpl Pay Later App
To be eligible for Simpl Pay Later, you must meet the requirements.
- Must be a resident of India.
- Must reside in a Tier 1 or Tier 2 city.
- Age must be above 18 years. In some cases, the maximum age of eligibility may be up to 55 years.
- Must be a salaried person.
- You must have a bank account and all the required KYC documents.
Documentation Required for Simpl Pay App
- PAN card
- Aadhar card should be linked to the mobile number.
- Proof of Address: Aadhar Card, Voter ID Card, Driving License, Electricity Bill, etc.
- Identity Proof: Voter ID Card, Driving License, Aadhaar Card, or other photo ID proof issued by the government.
- Six months’ bank statement or 3 months’ salary slips.
How to apply for the Simpl Pay Later App?
To apply for Simpl Pay Limit, you need to follow these steps:
- Download the Simpl Pay Later app from the Google Play Store or Apple App Store and install it on your smartphone.
- Open the app and click on the Proceed option. Then, click the Get Started option to sign up for the Simpl App.
- Enter your mobile number and verify it with OTP. Then, enter your name, email address, and gender and proceed. Then, verify your email address with the OTP.
- If you are eligible for the credit limit, you will get instant approval. You can then connect Simpl to your favorite online merchants and utility companies and make payments with one tap.
- You will receive a bill twice a month, on the 1st and 16th of each month, which you can repay without any interest or additional charges.
Simpl Pay Later App Customer Care Number
For any help related to applying for a Simpl Pay Letter or credit limit, you can talk to the customer care of Simpl App. You can express your views through email ID or online chat.
Email ID: [email protected]
FAQs related to the Simpl Pay Later Limit
How to apply for the Simpl Pay Later App?
To use Simpl Pay Later, you must download the app and sign up to get instant account approval. You can connect Simpl to your favorite online merchants and utility companies, when making online purchases, you need to tap the Simpl button, and your transaction will be forwarded to your Simpl account. You can also log in to the Simpl website with your mobile number and OTP to access your account.
What is the credit limit for Simpl Pay Later?
The maximum amount you can spend with Simpl Pay Later using the Simpl app is called the credit limit. The credit limit is different for each person, based on their credit history, how they spend, and other things. Simpl does not use credit scores to understand customers, but it uses machine learning models. The credit limit for Simpl Pay Later can be anywhere from ₹500 to ₹25,000.
How can I increase my credit limit on Simpl Pay Later?
To increase your credit limit on the Simpl Pay Later app, you have to use the app regularly and pay your bills on time. Simpl uses its machine learning models to understand customers and does not follow credit score rules. Simpl can increase your credit limit based on your transaction SMS messages, spending patterns, and the strength of your profile. The maximum credit limit for Simple Pay Letter can range from ₹500 to ₹25,000.
Does Simpl pay charge interest?
The Simpl App does not charge any fees for on-time payments, but it does charge late payment fees if you fail to pay the bill by the due date. Late payment fees may be up to Rs 250+ taxes. They do not charge any fee for transferring credit to your bank account through the FASTag option. The Simpl App charges a flat interest rate on the outstanding balance, which is usually around 2% per month.
How does Simpl pay later work?
Simpl Pay Later assigns you a credit limit based on your transactions, spending habits, and profile strength. Simpl understands customers using its machine learning models, not credit scores. You can use Simpl to pay for your online purchases at any merchants that accept Simpl. Simpl issues you a bill on the 1st and 16th of each month, which you have to clear within 5 days.
Conclusion
The Simpl Pay Later app provides one-tap payments to all customers shopping online, and bills are issued twice every month, on the 1st or 16th. Cashback or discount is also available on online shopping. You can use this app for online recharge or bill payment. If you want to join Simpl App then it is necessary to fulfill the terms and conditions. You should use the credit limit of the Simpl Pay Later app based on your income.
