Simplex analyzes the payment data, and determines whether it is safe for processing, using a real-time Machine-Learning system. A Simplex-approved transaction is guaranteed and the merchant can safely supply the product to the customer, with escrow system if needed, knowing there will never be a chargeback, and if there was, Simplex will cover it.
This process is described in the following diagram:
Simplex’s technology has been meticulously designed to provide the highest level of security and peace of mind for online merchants, marketplaces and payment platforms, while maintaining user comfort. Using Simplex, the whole payment process remains secured and fraud-free both for the customer, and for the provider.
Simplex’s motto is: “You focus on the business, we handle the payments”.
Here’s how we top in-house solutions: