Anyone who holds crypto knows the problem. Try to buy groceries or pay for gas with Bitcoin, and most places just shake their heads. SpacePay ($SPY) wants to fix this by letting people pay with crypto at stores that already have regular card machines. No fancy new equipment needed.
Shops have been slow to accept cryptocurrency, even though plenty of customers ask about it. The main issue? Setting up crypto payments usually costs money and takes technical know-how. SpacePay skips all that. It plugs into the payment systems businesses already own.
The project enters its final presale phase this November with over $1.4 million raised so far. Token holders get access to a payment network designed for real-world transactions rather than just speculation.
How SpacePay Works in Practice
SpacePay works on Android payment terminals. Merchants just download the app and link it to whatever machine they already have at the register. Nothing ships to the store. The whole thing gets done in minutes, not weeks of waiting around.
The system accepts over 325 wallets. Someone walks in with MetaMask, the next person uses Trust Wallet, and another prefers Coinbase. The merchant does not care which one they pick. SpacePay handles all that automatically.
Fees sit at 0.5% per transaction. Compare that to the 2-3% most card companies take. A shop doing 500 sales a month saves real money. That extra cash goes straight to the bottom line instead of disappearing into processing charges.
Security runs on encryption and watches every transaction as it happens. The system spreads payments across different nodes instead of relying on one central server. If something fails somewhere, the rest keeps running.
What Merchants Gain From Crypto Payments
Business owners get immediate access to a customer base of approximately 400 million cryptocurrency holders worldwide. Many of these consumers actively search for places to spend their digital assets. Shops that accept crypto payments can pull customers away from competitors who only take cash and cards.
Volatility creates the biggest concern for merchants who consider accepting cryptocurrency. SpacePay addresses this problem through instant conversion to local fiat currency. A customer pays with Bitcoin or Ethereum. The system converts the crypto immediately at the point of sale. The merchant receives dollars, euros, or pounds in their bank account right away.
Settlement happens instantly rather than taking days like traditional card processors. Fast access to funds helps businesses manage cash flow and pay suppliers on time. Merchants know exactly how much each transaction will deposit because the conversion happens at checkout.
Benefits That Draw Cryptocurrency Users
Crypto holders finally get practical ways to use their assets for everyday purchases. SpacePay creates real shopping opportunities instead of forcing people to sell their crypto every time they need to buy something.
Privacy levels increase compared to credit card transactions. Traditional payments leave detailed records that connect purchases to personal information. Cryptocurrency transactions offer more discretion for people who value financial privacy.
International spending becomes simpler for travelers. Currency conversion fees and foreign transaction charges disappear when using cryptocurrency. A wallet that works in one country functions the same way in another country, wherever merchants accept SpacePay.
Lower processing fees can translate into better prices or loyalty rewards for customers. When merchants save money on transaction costs, they have room to pass those savings along. Everyone involved keeps more value instead of losing it to intermediaries.
Presale Details and Current Status
The SpacePay ($SPY) presale currently prices tokens at $0.004210 each. This represents the final stage before the project lists on cryptocurrency exchanges for public trading. Over $1.4 million in funding has come in from participants who see potential in the payment solution.
November marks the end of the presale period. After this month closes, the discounted entry point disappears. Tokens will only become available through exchanges at whatever price the market determines based on supply and demand.
Payment options include ETH, BNB, MATIC, USDT, and USDC for people who already hold cryptocurrency. Bank cards work as well for participants who want to join but do not currently own any digital assets. The purchase process takes just a few minutes from wallet connection to token receipt.
The testnet runs live right now with payment widgets that developers and early partners can test. The system operates on Base Sepolia and Ethereum Sepolia networks. Real transactions flow through daily as teams identify bugs and refine the user experience.
What Comes After Launch
Mainnet preparations dominate the development roadmap as November progresses. The team works on final quality assurance testing and compliance requirements. Fee structures get refined. Wallet integrations receive polish. SDK completion will enable merchants to connect quickly once the platform opens for business.
Exchange listings typically follow after crypto presale completion. Public trading begins and price discovery happens based on market demand. Early participants who joined at $0.004210 will see how trading activity values the project once restrictions lift.
Success depends on actual merchant adoption rather than just token price movements. Real businesses need to choose SpacePay over competing payment solutions. Transaction volume from genuine commerce matters more than speculative trading. The platform either delivers practical value for merchants and customers or it does not.
Discover the future of crypto payments with SpacePay:
Presale: https://presale.spacepay.co.uk/
Website: https://spacepay.co.uk/
Social: https://x.com/spacepayltd?s=21