What is Zimpler?
Zimpler is a Swedish fintech company offering fast, secure, and user-friendly account-to-account (A2A) payment solutions. Active primarily in Europe, Zimpler enables consumers and businesses to make direct payments from their bank accounts, bypassing traditional card networks. The platform supports both deposits and withdrawals for e-commerce, online gaming, and various digital services. Zimpler employs rigorous security protocols and complies with European regulatory standards, including PSD2. Its services are available in key markets such as Sweden, Germany, and Finland, and it supports major currencies like EUR and SEK. Zimpler’s primary value lies in simplifying online payments while maintaining high security and transparency for both merchants and end users.
How to use Zimpler?
- Select Zimpler as your payment method at checkout or merchant site.
- Enter your mobile number or log in with your banking credentials.
- Choose your bank from the supported list.
- Authenticate the transaction using your bank’s verification process.
- Confirm the payment. Funds move instantly between accounts.
The pro's of using Zimpler
- Fast account-to-account payments, usually completed within seconds.
- High security with strong authentication and regulatory compliance (PSD2).
- No need to disclose card details or store sensitive data with merchants.
- Simple, mobile-friendly process with no app download required.
- Supported by reputable banks in several major European countries.
The con's of using Zimpler
- Service availability is limited to select European countries and banks.
- Cannot be used for payments in cash or cryptocurrency.
- Not suitable for users without access to online banking.
- Some merchants may charge fees for Zimpler transactions.
- Limited consumer support outside key markets (e.g., non-EU regions).