SpacePay does something surprisingly basic: it lets people use their crypto to buy everyday things at regular stores. When a customer pays with crypto, the store gets their normal money instantly and pays just 0.5% in fees instead of the typical 2.5-3.5% for credit cards. This simple approach has attracted over $1 million in presale funding with tokens at $0.003181.
The concept works because it solves real problems for both sides. Crypto owners get more places to actually use their digital currencies rather than just trading them.
What you'll learn 👉
What SpacePay Actually Does
SpacePay connects different crypto wallets to standard payment terminals at stores. When a customer wants to buy something, they pay with their wallet app, confirm the payment, and walk out with their purchase. The store receives their local currency (dollars, euros, etc.) immediately and pays just 0.5% in fees.
This system solves several basic problems at once. For crypto owners, it creates places to spend digital currencies for everyday items like coffee, groceries, and clothes.
For stores, it cuts payment fees by 80-85% compared to the 2.5-3.5% they typically pay for credit cards. The instant settlement means businesses get their money right away rather than waiting the usual 2-3 days for card payments to clear.
The platform works with existing Android-based payment terminals through a simple software update. This means stores don’t need to buy special equipment or train staff on complex new systems. For customers, there’s nothing new to download if they already have a compatible wallet.
Price protection ensures merchants receive exactly what they charged in their local currency, regardless of crypto market movements. This removes the volatility risk that previously kept businesses from accepting digital currencies.
How the System Works in Practice
When a customer enters a store using SpacePay, the payment process follows a simple flow. After selecting their items, they tell the cashier they’d like to pay with crypto.
The store employee enters the sale amount on their regular payment terminal, just as they would for a card transaction. Instead of asking for a credit card, the screen displays a QR code.
The customer opens any of their crypto wallets among the 325+ supported options and uses the scan feature to capture the QR code. Their wallet app shows the payment amount in both local currency and their chosen cryptocurrency.
After reviewing the details, they confirm the payment with a tap. Within seconds, the store’s terminal shows payment confirmation, and the transaction completes.
Behind the scenes, several processes happen automatically. The system verifies the customer has sufficient funds, calculates the exact cryptocurrency amount needed at current market rates, and creates a secure payment channel. The merchant receives the full amount in their local currency, minus only the 0.5% fee.
The security works through multiple protection layers without complicating the user experience. Every transaction is encrypted, and smart contracts ensure funds move correctly.
For store owners, the end-of-day process remains unchanged. Their payment dashboard shows all transactions in local currency. The system integrates with existing business tools to maintain operational consistency.
Why This Matters for Everyday Shopping
Crypto ownership has grown, but most people can’t actually use their digital assets for daily purchases. SpacePay changes this by turning crypto into practical money for buying coffee, groceries, clothes, and meals at local businesses.
For local stores, the system matters because it directly improves their financial performance. The difference between paying 3% versus 0.5% in fees adds up quickly – a store doing $10,000 weekly in sales keeps an extra $250 that would otherwise go to payment processors.
Over a year, this $13,000 difference can fund equipment upgrades, inventory expansion, or simply better profit margins in competitive industries.
The instant payment access also changes how businesses operate day-to-day. When weekend sales become available immediately instead of being trapped in processing until midweek, merchants can manage inventory better, pay suppliers faster, and respond quickly to opportunities. This timing advantage helps businesses of all sizes improve their cash flow management.
For everyday shoppers who hold crypto, the system adds value to their digital assets beyond just price speculation. Instead of converting to traditional currency before making purchases, they can use their preferred tokens directly at participating stores.
Getting Involved with SpacePay
SpacePay’s presale has crossed $1 million with tokens priced at $0.003181. For those interested in supporting the payment platform, the participation process works through a few simple steps.
First, visit SpacePay’s official website and connect your crypto wallet. The system accepts multiple payment methods to accommodate different preferences.
You can join using cryptocurrencies including USDT, AVAX, BASE, MATIC, ETH, or BNB if you’re already familiar with digital assets. For those who prefer traditional banking, credit and debit card payments work too.
After selecting your preferred method, you’ll enter your desired investment amount, review the transaction details, and complete your purchase.
After joining, you’ll become part of the community building a practical payment solution that connects crypto with everyday commerce. The platform regularly shares updates about development progress, merchant partnerships, and upcoming features through Telegram and X channels.
JOIN THE SPACEPAY (SPY) PRESALE NOW
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