Self-Description

Simplex is a fintech / cyber-security company, focused on fraud prevention in online payments. Simplex is facilitating fraudless credit card payments for goods and services sold online – guaranteeing no fraud chargebacks for the merchant. We’ve succeeded in creating a super-easy integration process, that encapsulates our proprietary advanced AI algorithms, allowing you to facilitate our unique expertise and years-long experience

Primary Company Info

Headquarters:
Giv'atayim, Israel
Country:
Israel
Year Founded:
2014
Company Segment:
Blockchain & Crypto Currency
Active Markets:
Domestic

NC Company Overview

Simplex is a company that offers fraud free payment processing. It uses the latest advanced methods and technologies to analyze and identify potential fraud from millions of data points, protecting merchants and consumers alike from fraudulent online financial activities. As well as giving its customers complete protection against the risk of fraud related chargebacks, Simplex can also maximize conversion, by being able to identify and process legitimate payments that may be declined by other systems. Simplex’s mission is to work towards a fraud free online trading environment, where merchants can offer the payment methods they want to their customers without exposure to risks of fraud chargebacks or other problems associated with online fraud. Simplex technology is widely used in the cryptocurrency industry, to allow payments for crypto assets to be made using major credit cards and other popular methods, while protecting against potential fraud. Simplex, based in Tel Aviv, Israel, was founded in 2014 and has become a unique and important part of the cryptocurrency world, thanks to its staff that combine technological and financial expertise. As of May 2019, Simplex has a high trust rating of 4.9 out of 5 stars on Glassdoor. It has a global outreach and can handle payments from anywhere in the world.

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