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Simplex

Simplex

Crypto Exchange On-Ramp

VS

Bamboo Payments

LATAM Cross-Border Payments

Bamboo Payments
Fees from
3.5%-5% per transaction vs Custom
Features

0 shared

2 unique to Simplex · 3 unique to Bamboo Payments
Regions

0 shared

3 unique to Simplex · 1 unique to Bamboo Payments
Pay methods

1 shared

6 unique to Simplex · 5 unique to Bamboo Payments
On licensing

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Show full specs
5 features · 12 payment methods · 4 regions. We don't rank these — they're here for reference.
Simplex Simplex
Bamboo Payments Bamboo Payments
Quick Facts
Fees
Standard transaction rate
3.5%-5% per transaction
Custom
Settlement
Time to receive funds
1-24 hours
—
Founded
2014
2018
Headquarters
Tel Aviv, Israel
Uruguay
Sandbox / Test Mode
✓
✓
Webhook Support
✓
✓
Features
Bamboo Payments leads (3 vs 2)
Crypto Support Unique
✓
—
Enterprise Unique
—
✓
High Risk Accepted Unique
✓
—
Instant Payout Unique
—
✓
Startup Friendly Unique
—
✓
Payment Methods
Simplex leads (7 vs 6)
Ach Unique
✓
—
Amex Unique
—
✓
Apple Pay Unique
✓
—
Bank Transfer Unique
—
✓
Boleto Unique
—
✓
Credit Card Unique
✓
—
Debit Card Unique
✓
—
Google Pay Unique
✓
—
Mastercard Unique
—
✓
Pix
✓
✓
Sepa Unique
✓
—
Visa Unique
—
✓
Regions
Simplex leads (3 vs 1)
Asia Unique
✓
—
Europe Unique
✓
—
Latin America Unique
—
✓
North America Unique
✓
—

Simplex is best when you...

Crypto Exchange On-Ramp
Need Crypto Support
Not available with Bamboo Payments
Need High Risk Accepted
Not available with Bamboo Payments
Want coverage in Asia, Europe, North America
Bamboo Payments doesn't cover these regions
View Simplex

Bamboo Payments is best when you...

LATAM Cross-Border Payments
Need Enterprise
Not available with Simplex
Need Instant Payout
Not available with Simplex
Want coverage in Latin America
Simplex doesn't cover this region
View Bamboo Payments

Frequently Asked Questions

What is the difference between Simplex and Bamboo Payments?
They share 1 payment method and 0 regions. Simplex adds ACH, Apple Pay, Credit Card and 3 more that Bamboo Payments does not list; Bamboo Payments adds Amex, Bank Transfer, Boleto and 2 more that Simplex does not list; Simplex also covers Asia, Europe and 1 more; Bamboo Payments also covers Latin America.
Which is cheaper, Simplex or Bamboo Payments?
Simplex has published rates from 3.5%-5% per transaction; Bamboo Payments has custom pricing quoted on engagement. Headline rates exclude fixed per-transaction fees, FX and chargeback costs, so model your own mix before deciding.
Where can I use Simplex and Bamboo Payments?
Simplex lists 3 regions and 7 payment methods; Bamboo Payments lists 1 and 6. Check the country list on each profile before onboarding — regional coverage is not the same as local acquiring.
How do Simplex and Bamboo Payments compare on integration and settlement?
both offer a sandbox; both support webhooks; Simplex publishes a settlement time of 1-24 hours.

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Data on this page is indicative and may be out of date — always verify fees, coverage, and terms directly with each provider before signing. Comparisons are generated from published data and provider-submitted updates; they are information, not advice or an endorsement. Some outbound links may earn us a referral commission — commissions never influence scores or rankings.

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