Welcome to Simpo Pay, these Terms and Conditions govern your access to and use of our services. By using Simpo Pay, you agree to comply with these terms. Please read them carefully before using our platform.

1. Eligibility

To use Simpo Pay services, you must be an employee of a partner company and meet the eligibility criteria specified during the application process. Providing accurate and up-to-date information is your responsibility, and any misrepresentation may lead to the rejection of your application or termination of your account.

2. Loan Application and Approval

Submitting a loan application does not guarantee approval. Loan approvals are subject to verification of the information provided and compliance with our internal policies. Simpo Pay reserves the right to reject any application without providing specific reasons. Approved loans will be disbursed to the bank account provided during the application process.

3. Repayment Terms

Loan repayments are made via monthly standing orders from your salary account. By applying for a loan, you authorize Simpo Pay to deduct the agreed installment amount on the specified due dates. Failure to repay on time may result in penalties, additional fees, or legal action.

4. Fees and Charges

Using Simpo Pay may involve fees, including processing fees, interest on loans, or penalties for late payments. All applicable charges will be clearly communicated to you during the loan application process. By accepting the loan terms, you agree to these charges.

5. Data Privacy and Security

Simpo Pay values your privacy and ensures that your personal and financial information is handled securely. By using our platform, you consent to the collection and use of your data as outlined in our Privacy Policy.

6. Prohibited Activities

Users are prohibited from using Simpo Pay for any unlawful or fraudulent activities. Attempting to manipulate the platform, provide false information, or misuse our services will result in immediate suspension and possible legal action.

7. Changes to Terms

Simpo Pay reserves the right to modify these Terms and Conditions at any time. Significant changes will be communicated through our platform or via email. Continued use of our services after such changes indicates your acceptance of the updated terms.

8. Limitation of Liability

Simpo Pay strives to ensure the accuracy and reliability of its services but does not guarantee uninterrupted or error-free functionality. We are not liable for any loss or damage arising from the use of our platform, except as required by law.

9. Governing Law

These Terms and Conditions are governed by the laws of [ Jurisdiction]. Any disputes arising from these terms will be subject to the exclusive jurisdiction of the courts in [Jurisdiction]