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SpacePay’s Low-Fee Crypto Payment Solution Gains Traction Amid Merchant Adoption Challenges
SpacePay’s Low-Fee Crypto Payment Solution Gains Traction Amid Merchant Adoption Challenges
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London-based startup SpacePay is addressing crypto’s real-world usability gap with a payment platform charging just 0.5% transaction fees. The solution supports 325+ wallets while shielding merchants from volatility through instant fiat conversion.
Traditional payment processors typically extract 2.5-3.5% from small businesses. SpacePay’s infrastructure could significantly improve margins for merchants experimenting with digital asset acceptance, particularly in foodservice and retail sectors.
The project has raised $1 million in its ongoing presale, with SPY tokens priced at $0.003181. This development highlights growing demand for practical crypto payment rails as the industry matures beyond speculative trading.
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