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SpacePay Innovations: Solving Cryptocurrency Payment Challenges

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by Giorgi Kostiuk

3 hours ago


Despite growing interest in cryptocurrencies, a fundamental disconnect exists between digital assets and everyday shopping. SpacePay aims to solve this issue.

The Missing Connection in Crypto Commerce

Crypto owners face a scarcity of merchants accepting these assets for typical purchases. Merchants are wary due to price volatility, integration challenges, and high implementation costs. SpacePay seeks to address this by connecting existing payment terminals to crypto wallets.

325+ Wallets, One Simple Payment System

SpacePay addresses wallet fragmentation with a universal QR code system. Instead of supporting numerous crypto payment methods, the platform generates a single QR code usable with 325+ supported wallets, simplifying the process for both merchants and customers.

Merchant Benefits Beyond Lower Fees

Merchants benefit from a 0.5% fee, instant access to funds, and price protection, enhancing price stability and expanding the customer base by attracting cryptocurrency holders.

SpacePay aims to bridge the gap between cryptocurrencies and everyday shopping by offering a straightforward solution for integrating crypto payments into regular business transactions.

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