Pay-in-3 empowers customers to shop with ease and pay later in 3 easy equal installments at no extra charge
Bengaluru, 26th of July 2022
Simpl, India’s leading 1-click checkout network, has announced a partnership with Nicobar, a popular Indian lifestyle brand with products ranging across clothing, home, and travel. This association offers Nicobar’s customers a split payment option through Simpl’s Pay-in-3 feature.
‘Pay-in-3’ is a unique offering from the Simpl product family that benefits D2C brands such as Nicobar. It comes with a host of value-added features that enable spend management while combining transparency, convenience, ease of use, and best of all, a smooth payment experience.
Simpl’s partnership with Nicobar will further strengthen its vast merchant network that currently features over 20,000 merchants across lifestyle, fashion, electronics, beauty, fitness, foods, and numerous other product categories. By offering Simpl’s Pay-in-3 as a payment option, Nicobar stands to enhance trust, convenience, and efficiency for its customers.
Commenting on the collaboration, Rohithari Rajan, CEO of Nicobar, said, “Simpl is seamless and gives our guests an added benefit, the ability to pay in installments as well as be rewarded with cashback.”
Simpl’s Pay-in-3 has been developed on 3 key pillars: smart budgeting, transparency, and convenience.
“With Pay-in-3, Nicobar’s customers can efficiently split their bill into 3 equal tranches, at no extra charges. We believe this will help strengthen the trust factor between Nicobar and their end customers,” said Nitya Sharma, Co-Founder & CEO, of Simpl.
Nicobar is a modern, mindful, design-led brand from India with a product range across clothing, home, and travel. Founded in 2016 by Raul Rai and his wife Simran Lal, the brand is inspired by journeys across the Indian Ocean and anchored in the brand’s philosophy: to make products that are designed to last, timeless in appeal, influenced by India’s culture, but globally relevant.
Nicobar’s retail footprint encompasses 10 stores across 5 cities in India, plus a rapidly-growing digital arm that’s known for its sleek design and effortless user interface.
Simpl is India’s leading checkout network that offers customers 1-click checkout, buyer protection, and a pay-later facility. With Simpl, merchants are able to provide consumers with an easy, safe, and intuitive user experience that builds a trusted relationship between the two.
With more than 20,000 available merchants, and over 25 million users pan – India, Simpl envisions creating an inclusive digital payments experience and the democratization of digital transformation in the payments space in India.