SpacePay’s 0.5% Crypto Fee Solution Gains Traction with $1M Presale
London fintech startup SpacePay is challenging traditional payment processors with its crypto-based solution, offering merchants a flat 0.5% transaction fee. The platform supports 325+ cryptocurrency wallets and provides instant settlements, addressing a critical pain point for small businesses.
Conventional payment systems typically charge 2.5-3.5% per transaction, creating significant overhead. A café processing $40,000 monthly, for instance, loses about $1,200 to fees. SpacePay’s $SPY token presale has surpassed $1 million, with tokens currently priced at $0.003181.