In a world where over 400 million people own cryptocurrency but struggle to use it in everyday transactions, SpacePay is setting a new standard for crypto payments. This London-based startup makes it easier than ever for businesses to accept cryptocurrency through familiar card payment terminals. Without the need for additional hardware, lengthy training, or complex systems, SpacePay is simplifying the crypto-to-cash process for both merchants and consumers.
What Makes SpacePay Different?
Unlike other cryptocurrency payment platforms that demand businesses purchase new equipment and navigate steep learning curves, SpacePay offers a seamless solution. Through a simple software update compatible with Android-based card machines, SpacePay enables existing terminals to accept more than 325 crypto wallets, including Bitcoin, Ethereum, Binance Coin, and Tether (USDT).
Here’s how it works: when a payment is processed, the system instantly converts the cryptocurrency into local currency, ensuring businesses avoid the risk of crypto market fluctuations. This means that a $25 payment doesn’t suddenly lose its value by the end of the day, giving merchants peace of mind.
How Businesses Benefit from SpacePay
SpacePay doesn’t just stop at convenience—it’s a highly cost-effective alternative to traditional payment processors. Typical credit card companies take between 2% and 4% of every transaction, but SpacePay only charges a modest 0.5%. That difference can save a small business generating $40,000 a month more than $1,000 monthly in fees. This lower cost structure, combined with immediate fund transfers to merchant accounts, makes SpacePay a practical and attractive choice for businesses worldwide.
The $SPY Token – More Than Just a Cryptocurrency
The core of SpacePay’s ecosystem is its $SPY token, offering multiple layers of value to holders. Beyond traditional price speculation, $SPY owners receive:
- Voting rights: Token holders influence platform decisions.
- Monthly rewards: Incentives to stay active in the SpacePay community.
- Revenue sharing: A portion of transaction fees is distributed among token holders, directly tying token value to platform performance.
To maintain transparency, SpacePay organizes quarterly video calls where $SPY holders can interact directly with the leadership team and discuss platform updates. The current presale offers early participants the opportunity to purchase tokens at $0.003181 each, with prices expected to increase as stages sell out.
Why SpacePay Could Change the Game
As governments establish clearer regulations around cryptocurrency, the opportunities for businesses to experiment with crypto are becoming more accessible. Additionally, younger generations—accustomed to using phones for payments—are more open to adopting crypto as a cashless alternative. By bridging the gap between crypto users and merchants, SpacePay is poised to unlock a new era of practical crypto transactions.
Visit SpacePay’s official website to join the presale of their $SPY token and stay ahead in the evolving world of cryptocurrency payments.
