SpacePay: 4 Things to Know About the Crypto Payment System Raising $1M

SpacePay does one basic thing: it lets people pay with crypto at regular stores while merchants receive normal money.

No complex technology explanations needed – it simply connects crypto wallets to standard payment terminals, charges stores just 0.5% instead of the usual 3% fee, and delivers money instantly rather than making businesses wait days. This approach has raised over $1 million in presale funding with tokens at $0.003181.

What SpacePay Does?

SpacePay lets people buy everyday things with cryptocurrency at regular stores. When a customer wants to pay with crypto, they simply scan a QR code on the store’s payment screen with their wallet app, confirm the amount, and that’s it – purchase complete. The store receives regular money (dollars, euros, etc.) rather than cryptocurrency, so they don’t need to worry about digital coins or changing values.

Think of it like a translator that turns crypto into normal money at the moment of purchase. The customer pays with what they have, and the store gets what they need. This is done all without either side needing to understand the other’s currency.

The system works with over 325 different crypto wallets and connects to payment terminals that stores already use, so neither customers nor merchants need to download special apps or buy new equipment. This makes it easy to start using without changing how businesses already operate.

For crypto owners, this means more places to spend digital assets instead of just trading them. For merchants, it means paying lower fees (0.5% versus the usual 2.5-3.5% for credit cards) and getting their money instantly instead of waiting days for traditional payments to process.

Why Lower Fees and Faster Money Matter

The numbers tell a clear story about why businesses care about SpacePay’s approach. When a store pays 0.5% instead of 3% on transactions, the savings add up quickly. For a coffee shop doing $5,000 weekly in sales, that’s $125 staying in their business each week instead of going to payment processors. Over a year, they keep an extra $6,500 that can help hire staff, improve the shop, or simply increase profits.

For restaurants with tight 4-5% profit margins, these fee savings make a huge difference. When a restaurant does $15,000 weekly in card sales, traditional processors take $450, while SpacePay would take just $75. That $375 weekly difference is a major boost to their bottom line without changing prices or cutting costs.

Getting paid instantly rather than waiting days creates another major advantage. When weekend sales become available immediately instead of being trapped until Wednesday or Thursday, businesses can:

• Pay Monday morning food deliveries with weekend earnings
• Restock popular items that sold out on Saturday
• Take advantage of supplier discounts for quick payment
• Manage cash flow without keeping extra reserves

These practical benefits matter for different businesses in different ways. Retail stores value better inventory management, service businesses appreciate paying staff sooner, and small merchants benefit from keeping more of every sale.

What SpacePay Has Done So Far

SpacePay started by raising $750,000 from private investors who saw potential in making crypto useful for everyday purchases. This early funding helped build the payment system that now connects over 325 different crypto wallets to standard store terminals.

The team completed Smart Contract Audits to verify that the payment system works securely. These tests confirmed that merchant funds stay protected, customer payments process reliably, and the platform can handle real-world transactions safely.

Industry recognition came when SpacePay won “New Payment Platform of the Year” at the CorporateLiveWire Global Awards 2022/23. This award acknowledged the practical approach to solving payment challenges for both businesses and customers.

The platform established regulatory compliance across unsanctioned nations and removed legal barriers that might limit expansion. This careful approach to rules helps avoid problems that have affected other crypto projects.

Most recently, SpacePay crossed the $1 million mark in presale funding with tokens at $0.003181. This milestone shows growing support for a payment system built to address everyday shopping needs rather than just crypto trading or speculation.

How to Buy SPY Token in Presale? (The Simple Steps)

Joining SpacePay’s presale works through a clear process that anyone can follow. Start by visiting the official website and looking for the presale section. You’ll need to connect your crypto wallet by clicking the connection button – the system works with popular options like MetaMask, Trust Wallet, and many others.

For payment, you have several choices based on what works best for you. Crypto users can pay with USDT, AVAX, BASE, MATIC, ETH, or BNB depending on which currencies they already hold. If you’re new to crypto or prefer traditional banking, credit and debit cards work too.

After selecting your payment method, enter the amount you wish to invest. The system automatically calculates how many SPY tokens you’ll receive at the current price of $0.003181. Review all the details to make sure everything looks correct, then confirm your purchase. Be sure to save your transaction information for future reference.

JOIN THE SPACEPAY (SPY) PRESALE NOW

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