Main concept of Simpl is to give a loan of some amount to it's verified user for short period of time like 15 days. Simpl is providing one fixed limit of money in your hands to use for the tenure of 15 days. According to Simpl you can use that money as per your requirement from given fixed limit and later on you have to Re-pay before it's due date. This is one simple idea but it has a very large amount of users.
I like simple due to these following things.
- It can be used for Online Food ordering, Shopping, Online electronics order, Medical Expense, etc.
- Simple doesn't charge you any kind of extra charges or interest charge for money you have used unless and until you pay due amount before due date.
-Simple has tie-ups with major industry leaders as described below
1) Movie - Book my show
2) Grocery - Big Basket and Grofers
3) Food Ordering - Zomato
4) Taxi Service - Rapido, Meru Cabs and Drivezy
5) Medical - DocsApp
6) Clothes - Bombay Shirt Company
and many more.
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