What is SimplePay?
SimplePay is an online payment gateway developed by OTP Mobil, part of OTP Group, one of Hungary’s largest financial service providers. The platform enables individuals and businesses to process secure electronic payments on websites and mobile applications. SimplePay supports various international and local payment methods, primarily major credit and debit cards such as Visa and Mastercard. Designed for both e-commerce merchants and their customers, SimplePay streamlines checkout processes with features like recurring payments, one-click payments, and fraud monitoring tools. The service is widely used in Hungary and gradually expanding to neighboring regions, supporting payments mainly in Hungarian Forint (HUF), Euro (EUR), and US Dollar (USD).
How to use SimplePay?
- Register on SimplePay’s website.
- Integrate SimplePay API or plugins with your webshop or app.
- Configure payment options and currencies.
- Customer selects SimplePay at checkout.
- Customer enters card details and confirms payment.
- Receive payment confirmation in your merchant dashboard.
The pro's of using SimplePay
- Supports major international cards (Visa, Mastercard) and some local options.
- Provides recurring and one-click payment solutions for convenience.
- Features robust security measures, including PCI DSS compliance and fraud prevention.
- Offers API and plugin integration for various e-commerce platforms.
- Good customer support and documentation, especially for Hungarian and regional users.
The con's of using SimplePay
- Primary focus on Hungarian market; international coverage is more limited compared to global providers.
- Supports a narrower range of currencies, mainly HUF, EUR, and USD.
- Interface and some documentation may not be fully localized for all languages.
- Settlements and payouts may take longer than with some international competitors.
