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SpacePay Nears Presale Completion with $1.4M Raised, Targets Crypto Payment Adoption
SpacePay Nears Presale Completion with $1.4M Raised, Targets Crypto Payment Adoption
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BTCCSquare news:
SpacePay enters the final phase of its presale, having secured $1.4 million in funding. The project aims to bridge the gap between crypto holders and merchants by enabling seamless crypto payments through existing card terminals. A software update is all that's required for businesses to accept payments from over 325 wallets, with transactions settling at a competitive 0.5% fee.
The solution addresses merchant concerns over volatility by automatically converting crypto payments to fiat. This eliminates exposure to price swings while catering to the growing demand for crypto spending options. Retailers gain access to a new customer base without costly infrastructure upgrades.
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