SpacePay turns crypto payments into a simple tap-and-go process at local stores, raising over $65,000 from investors who back its practical approach. The platform works with standard card machines and 325+ crypto wallets, letting customers pay with digital assets while merchants receive traditional currency instantly.
The project offers SPY tokens at $0.002275, giving early supporters a stake in a payment system that solves real retail problems. By cutting transaction fees and removing technical barriers, SpacePay brings crypto payments to corner shops, restaurants, and retail chains without the usual headaches of digital currency transactions.
What is SpacePay trying to solve?
Traditional payment platforms create barriers for crypto users and merchants. High fees cut into store profits, while slow processing times delay access to funds. Most stores shy away from crypto due to price swings and technical hurdles.
Current crypto payments lack the simplicity of transactions. Users often switch between multiple apps or wallets to pay. Merchants wait hours or days to receive their money. These issues stop widespread crypto adoption in everyday shopping.
Customer choice stays limited with existing systems. Most payment platforms support just one or two cryptocurrencies. This forces users to convert their preferred coins before shopping, adding extra steps and costs to simple purchases.
Security risks plague centralized payment systems. User data sits on central servers, creating targets for attacks. Both customers and merchants lose control over their transaction information. Privacy concerns stop many from trying crypto payments.
Market volatility scares merchants away from accepting digital assets. Stores worry about losing money when crypto prices change. Without protection from price swings, businesses stick to traditional payment methods. This limits payment options for crypto holders.
SpacePay features that make it stand out
SpacePay connects to card machines that stores already use. The Android-based system reads payments from 325+ crypto wallets through quick QR scans. This simple setup brings crypto payments to any retail counter without new equipment costs.
As mentioned, merchants pay just 0.5% per transaction. This fixed fee beats standard credit card rates. No hidden charges or surprise costs eat into profits. The low rate works for both small shops and large stores, making crypto payments affordable for all business sizes.
The platform converts crypto to local currency instantly. Stores receive their money right away, just like with card payments. This speed protects merchants from price changes and keeps their cash flow steady. Instant settlement removes the waiting time for funds.
Store owners track their earnings through a simple dashboard. They see payment details without dealing with crypto complexities. The system handles currency conversion automatically. Clear reporting helps businesses manage their income efficiently.
Customers keep control of their private keys and data. The platform uses strong encryption for every transaction. Payment information stays protected while giving merchants just the details they need. This balance of privacy and function builds trust in digital payments.
SpacePay’s plans for the future
Phase one marks launch preparations and development. The team finished smart contract audits and beta testing. Central Exchange (CEX) listings stand next on the timeline, expanding token access for more buyers. The platform gets final security checks before full release.
Launch and community engagement start in phase two. This stage brings platform launch and CEX listings live. Community rewards roll out to active users, while payment partners join the network. Store partnerships grow as more merchants add SpacePay to their counters.
Phase three focuses on global expansion. Marketing campaigns spread across new regions. The team adds local payment partners in each market. Platform features grow based on merchant feedback and user needs. Brand presence increases through targeted campaigns.
New tools arrive with each growth phase. The merchant dashboard gets more reporting options. Mobile apps add quick access to payment data. Security updates keep the platform safe as user numbers grow. Each addition makes crypto payments smoother for stores and customers.
Store support grows through training programs. Local teams help merchants understand crypto payments. Regular updates add features that merchants request. The platform learns from real store use and adapts to market needs.
SPY token supply and presale details
The presale has raised over $650,000, with SPY tokens priced at $0.002275. Buyers can purchase tokens using USDT, AVAX, BASE, MATIC, ETH, BNB, or bank cards. The process stays simple: connect a wallet, pick a payment method, and buy tokens.
SpacePay created 34 billion SPY tokens with clear purpose. Public sale gets 20%, putting tokens directly into active use. User rewards take 17%, funding monthly airdrops for active platform users. Development needs 10% to support tech growth and new features.
Strategic partnerships claim 18% of tokens. This portion helps sign up payment providers and retail chains. Another 18% backs marketing and community building, spreading word about SpacePay benefits. A 12% reserve fund stays ready for future opportunities.
Token holders gain several benefits. Monthly airdrops reward active wallets using the platform. Revenue sharing gives holders a cut of platform earnings. Voting rights let holders shape SpacePay’s growth through monthly proposals. Quarterly webinars keep everyone updated on progress.
Joining the presale takes minutes on SpacePay’s website. The platform shows minimum and maximum buy limits clearly. Transaction tracking helps buyers monitor their purchases. The presale dashboard displays token claim details and important updates.
