Most people who own crypto can’t use it to buy groceries or clothes at local stores. Meanwhile, businesses lose 3% of every card sale to processing fees while waiting days to receive their money.
SpacePay addresses both problems by connecting over 325 crypto wallets to existing payment terminals while charging just 0.5% in fees. This practical system has attracted $1 million in presale funding, with tokens now at $0.003181.
What you'll learn 👉
Better for Stores: Lower Costs, Faster Money
Getting paid instantly changes how businesses handle daily finances. When a store makes morning sales, they can use that money for afternoon inventory purchases or supplier payments.
Traditional card systems trap weekend earnings until Wednesday or Thursday, forcing businesses to either maintain extra cash reserves or delay necessary purchases. This immediate access helps businesses respond faster to opportunities and challenges.
Using existing payment terminals removes equipment costs that typically block crypto adoption. Stores keep their familiar Android-based systems, adding crypto capabilities through a simple software update.
This saves $300-800 per terminal that would otherwise go toward specialized hardware, while keeping staff training minimal since they continue using screens they already know.
Protection from crypto price changes shields merchants from market volatility. When a store sells something for $50, they receive exactly $50 in their local currency regardless of crypto market movements. This stability lets businesses set consistent pricing without worrying about value fluctuations affecting their income.
Better for Shoppers: More Places to Use Crypto
SpacePay’s compatibility with 325+ crypto wallets gives shoppers flexibility to pay with their preferred digital assets. Whether someone uses Bitcoin, Ethereum, or smaller altcoins, they can spend at any store that accepts SpacePay without downloading special apps or creating new accounts. This broad support means customers use wallets they already own and trust.
The payment process works through simple QR code scanning. A customer opens their usual wallet app, scans the code displayed on the store’s terminal, and confirms the payment.
This takes about the same time as tapping a card, making crypto payments practical for everyday purchases where speed matters – from morning coffee runs to grocery checkout lines.
More stores accepting crypto creates a network effect for digital currency users. When someone can use their crypto at the coffee shop, restaurant, and retail store in the same shopping area, those digital assets become truly useful for daily life.
Consistent pricing removes conversion confusion for customers. When a store lists an item at $20, that’s exactly what a crypto user pays – no mental math to figure out how much BTC or ETH equals that price.
The system handles all currency conversion in the background, presenting clear costs that match what cash or card users see. This pricing clarity makes crypto shopping as straightforward as traditional payments.
How the System Actually Works
When a customer buys something using SpacePay, the process starts with the merchant entering the sale amount on their existing payment terminal. The system generates a QR code containing all transaction details – price, merchant ID, and payment instructions. This code appears on the terminal screen, ready for the customer to scan.
The customer opens any of their crypto wallets and uses the wallet’s scan feature to capture the QR code. Their wallet app recognizes the payment request and displays the amount in both local currency and their chosen cryptocurrency. After reviewing the details, the customer confirms the payment with a tap.
Behind the scenes, several processes happen simultaneously. The system verifies the customer has sufficient funds in their wallet. It calculates the exact amount of cryptocurrency needed to deliver the merchant’s requested price in local currency. It also creates a secure payment channel between the wallet and merchant account. All this happens in seconds.
The $1M Milestone and What’s Next
SpacePay has reached $1 million in presale funding with tokens now at $0.003181, marking a major step toward wider platform adoption. This milestone follows earlier achievements including $750,000 in private investment, Smart Contract Audit completion, and industry recognition through the “New Payment Platform of the Year” award.
Current development focuses on expanding merchant tools and payment capabilities. The platform continues adding support for more wallet types beyond the current options, making the system accessible to more crypto users.
To participate in the ecosystem, visit SpacePay’s official website and connect your crypto wallet. The platform accepts various payment methods including USDT, AVAX, BASE, MATIC, ETH, BNB, or bank cards. The presale dashboard guides new supporters through each step, from selecting their payment method to completing their purchase.
JOIN THE SPACEPAY (SPY) PRESALE NOW
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