Simplex Crypto Explained: How the Fiat-to-Crypto Payment…
By Damilola Esebame
Source excerpt · FinanceFeeds
KEY TAKEAWAYS Simplex is a fiat-to-crypto payment gateway founded in 2014 that has provided credit and debit card processing services to cryptocurrency exchanges and wallet providers. Simplex's transaction fees vary by payment method, location, card issuer, and integration partner. Canadian payments company Nuvei acquired Simplex for approximately US$250 million in 2021, expanding its digital asse…