SpacePay simplifies crypto payments by supporting over 325 wallets with a single checkout system, offering 0.5% fees and instant fiat settlements for merchants worldwide.
Most crypto holders face the same frustrating problem every day. They have thousands of dollars sitting in digital wallets but can’t spend them anywhere. Try buying coffee with Bitcoin or paying for groceries with Ethereum, and you’ll get confused looks from cashiers.
SpacePay addresses this exact issue with its payment platform, which supports over 325 cryptocurrency wallets, charges just 0.5% transaction fees, and provides instant fiat settlements for merchants. The London-based startup has already raised over $1.1 million in its ongoing presale, with $SPY tokens currently priced at $0.003181.
Why Crypto Spending Remains So Difficult
The promise of digital currency replacing traditional money has been around for years. Yet most people still reach for their credit cards when making purchases. The problem isn’t a lack of interest – it’s a lack of practical solutions.
Shop owners don’t want to deal with complicated new systems or expensive equipment upgrades. They already struggle with daily operations without adding the complications of cryptocurrency. Most cryptocurrency payment solutions require specialized terminals, extensive training, and technical expertise that small businesses often lack.
Customers face their own set of challenges. Many crypto payment systems only work with specific wallets, which forces people to download new apps they don’t want to use. Others require typing long wallet addresses, where one mistake means lost funds forever.
This disconnect between crypto ownership and real-world spending has kept digital currencies confined to the investment sphere, rather than making them a practical form of money.
Source: SpacePay / X
325+ Wallets Working Through One Simple System
SpacePay changes this entire dynamic by supporting more than 325 different cryptocurrency wallets through a single checkout process. Whether customers prefer MetaMask, Trust Wallet, Coinbase Wallet, or dozens of others, they can all pay the same way.
The payment process couldn’t be simpler. Customers scan a QR code with whatever crypto wallet they already use, confirm the amount, and the transaction completes in seconds. No downloading new apps, no typing complicated addresses, no waiting around for confirmations.
Shop owners don’t need to worry about which crypto wallet their customers prefer anymore. Someone with Bitcoin and someone with Ethereum can both pay at the same checkout counter, each using whatever wallet they’re comfortable with.
For shop owners, this wide compatibility translates to more potential customers without any additional technical complexity. They don’t need to understand the differences between various wallets or cryptocurrencies – the system handles everything automatically.
Visit SpacePay Presale
How SpacePay Works with Existing Payment Terminals
The smartest thing SpacePay does is work with equipment businesses already own. Instead of forcing merchants to buy expensive new terminals, their solution integrates with standard Android-based payment systems through a simple software update.
This approach removes the biggest barrier to crypto adoption – cost and complexity. A local café can start accepting cryptocurrency payments using the same card reader they’ve had for years. No new hardware, no extensive staff training, no disruption to their existing workflow.
The integration process takes minutes rather than weeks. Merchants keep using the familiar interface they already know, but now it can process crypto payments alongside traditional card transactions. Staff don’t need to learn new procedures or deal with unfamiliar technology.
Solving the Volatility Problem That Keeps Merchants Away
Ask any business owner why they don’t accept crypto, and volatility tops the list of concerns. Nobody wants to sell a $50 item for Bitcoin only to find that the payment is worth $40 by closing time.
SpacePay eliminates this risk completely with instant fiat settlement. When a customer pays with cryptocurrency, the merchant receives their local currency immediately. A $50 sale results in exactly $50 in their bank account, regardless of what happens to crypto prices afterward.
The system locks in exchange rates during the brief transaction window. If market prices fluctuate during those few seconds, SpacePay absorbs any difference. Merchants see normal payments arriving in their accounts without any crypto market exposure.
This protection addresses the primary fear that has kept mainstream businesses from embracing digital currencies. Shop owners don’t need to become crypto traders or market watchers – they simply receive stable payments in the currency they need to pay their bills.
Low Fees That Actually Help Small Businesses
Traditional payment processors have been charging high fees for decades. Most small businesses lose 2.5% to 3.5% on every credit card transaction – money that could otherwise stay in their business.
SpacePay cuts these costs dramatically with a flat 0.5% transaction fee. A restaurant processing $40,000 monthly would typically pay around $1,200 in traditional processing fees. With SpacePay, that drops to just $200, saving $1,000 every month.
These savings come from eliminating unnecessary middlemen in the payment process. Traditional card transactions bounce between multiple companies before reaching merchants days later. SpacePay creates a more direct path using blockchain technology while maintaining the same level of security.
For small businesses operating on tight margins, these fee reductions can make a real difference in their financial health and ability to grow.
Joining the SpacePay Ecosystem
The $SPY token powers SpacePay’s payment ecosystem and offers holders several benefits, including governance rights, monthly loyalty rewards, and revenue sharing from transaction fees. The current presale has attracted significant interest from those who see practical value in making crypto spending actually work.
For those interested in participating, the process is simple. Visit SpacePay’s official website and connect your cryptocurrency wallet. The platform accepts payments in ETH, BNB, MATIC, AVAX, BASE, USDT, and USDC, or you can use a regular bank card.
At the current presale price of $0.003181 per token, you can select your desired amount and complete the transaction following the simple on-screen instructions.
JOIN THE SPACEPAY ($SPY) PRESALE NOW: Website, (X) Twitter, Telegram.
The post 325+ Wallets, One Checkout: How SpacePay Simplifies Crypto Spending appeared first on Cryptonews.
