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Frequently asked questions
What is Simpo Pay?
Simpo Pay is a platform that provides advance salary loans for corporate employees. It enables employees to access funds quickly and repay them conveniently through monthly standing orders.
How does the loan process work?
- Employees apply online through the Simpo Pay portal.
- The application is reviewed, and approval is provided swiftly
- The loan amount is disbursed directly to the employee's bank account
Who is eligible to use Simpo Pay?
Simpo Pay is designed for employees of partner companies. If your company has partnered with Simpo Pay, you are eligible to apply for an advance salary loan through our platform
How are the loans repaid?
Loans are repaid via monthly standing orders directly from the employee's salary account. The repayment schedule is clear and transparent, making it easy to manage
Is the process secure?
Absolutely! Simpo Pay uses advanced encryption and secure technologies to ensure that all transactions and personal information are protected. Your financial safety is our priority.