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We strive to make your transactions seamless and secure, and to make your repayments Simpl-er, we have come up with a new payment mode. Repay your bills on Simpl using UPI. Wondering how’s UPI going to make your repayments hassle-free? Here’s all you need to know:
What is UPI?
The Unified Payment Interface (UPI) is like an email id for your money, and your phone is your virtual debit card. It’s a unique number that can be used to transfer money and make payments using the IMPS (Immediate Payments Service) from one account to another. Here are a couple of other benefits:
It takes less than a minute to transfer funds. You can repay bills on Simpl according to your convenience because UPI payments can be done 24X7, even on holidays. Moreover, there’s no account registration that’s required. Just enter the beneficiary details and transfer funds, instantly.
With UPI, you don’t have to share your card or account details with anyone so it minimises card exposure. Moreover, UPI has two-factor authentication – Unique ID given by the bank and MPIN(security pin), which makes it the most secure mode of payment.
Seamless one-click payment
There’s no need to carry your debit or credit cards or go through multiple verification. Enjoy the convenience of sending or receiving money, from your smartphone. You can also add multiple accounts to your UPI number, on a single app.
Whats even better?
To help you avoid late repayment charges on Simpl, we will send you reminders with a UPI payment link. All you need is to add your UPI details, and repay your bills using it, without any hassle.