In the cryptocurrency world, novel projects are launched daily. One noteworthy initiative is SpacePay, a financial company with headquarters in London that aims to streamline cryptocurrency transactions.
With this strategy, SpacePay might become a 10x cryptocurrency by 2024. Let’s examine SpacePay’s features, benefits for cryptocurrency users and retailers, and future plans.
SpacePay bridges the gap between conventional payment methods and cryptocurrency, thereby transforming digital commerce. It provides a safe and convenient payment method with numerous important advantages. Support for over 325 digital wallets is offered by SpacePay.
MetaMask, Trust Wallet, and Coinbase Wallet are examples of these. Per transaction, SpacePay levies a set fee of 0.5%. It’s less expensive than the others. SpacePay instantaneously turns cryptocurrency payments to the merchant’s local currency in order to reduce volatility.
This shields retailers from changes in price. SpacePay regularly audits and implements mechanisms to guarantee the highest level of transaction security.
Many benefits are provided by SpacePay to companies wishing to take cryptocurrency payments, including:
Without requiring new hardware, SpacePay’s terminal-agnostic payment APK is simple to integrate with any Android point-of-sale terminal.
The instantaneous conversion of cryptocurrency payments into the local currency of the retailer lowers the volatility-related risks.
Businesses can save a substantial sum of money with a fixed transaction price of just 0.5% when compared to standard payment processing expenses.
SpacePay has a clear plan that includes various stages:
Initial Success and Turning Points
Raising money: Acquired $750,000 from individual investors with an
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