Simpl, a buy now pay later platform is planning to onboard around 10,000 enterprises and direct-to-customer merchants from the Delhi-National Capital Region (NCR) to its network over the next three-four years.
It claims to have around 26,000 merchants currently on its platform that includes brands like Libas, Healthkart, Boult Audio, Gizmore, Urban Pitara among many others.
Commenting on its network expansion, Nitya Sharma, founder CEO of Simpl in a statement said, “Leveraging our state-of-the-art Checkout Network and pioneering 1-tap payment solution, our aim is to enhance conversions and minimise cash-on-delivery for D2C merchants, delivering a seamless experience to millions of valued customers.”
“By offering cutting-edge technological solutions, we aim to empower small businesses to thrive and succeed and shape the future of e-commerce in Delhi and beyond,” Sharma added.
Launched in 2015, Simpl offers a cardless payment network with multiple solutions for merchants and consumers like 1-tap payments and buy now pay later.
Buy now, pay later is a financing instrument that enables customers to make purchases and pay for them over time without incurring any additional fees or interest.
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