Simplex facilitates fraudless credit card payments for goods and services sold online.

It protectsonline businesses against fraudulent chargebacks, using artificial intelligence and machine-learning technology.Simplex analyzes payments and related data and decides whetherthey are safe for processing, using a real-time machine-learning system.

A Simplex-approved transaction is guaranteed; the merchant can safely supply the product to the customer, knowing there won't be a chargeback and that, if there is, Simplex will cover it.Simplex also enables worldwidecustomers to purchase Bitcoin with their credit card while fully protecting exchanges and brokers from fraud chargebacks.