One of the Rising Platforms to Keep an Eye On This Year

SpacePay is a growing name in the crypto ecosystem. This project allows you to spend crypto by simply tapping a card on a counter.

The platform allows merchants to accept crypto instantly. They can also receive crypto funds in the form of fiat currency, all their normal payment terminals.

It already works with more than 325 wallets. This means that most people can use the wallet they already have. They also do not need to do a complicated configuration because SpacePay works with existing POS systems.

There is no waiting for confirmation or worrying about price changes. SpacePay locks in the value of the crypto the moment a transaction happens, so merchants always have the value of their money in fiat.

The platform also promises ultra-low fees. It takes about 0.5% merchant fee per transaction with no hidden costs.

SpacePay solves many crypto problems: Testnet is live

Paying with Bitcoin o ethereum It might sound exciting in theory, but it hasn’t been easy in real life. Transactions can take a while to confirm, fees can be high, and most merchants don’t want to deal with that kind of uncertainty.

SpacePay cuts all that with SpacePay Onea payment system that converts crypto to fiat instantly. The testnet for SpacePay One is already live.

The company confirmed in X that version one of its payment API is now available open for testing on the Base Sepolia and Ethereum Sepolia networks.

The main network has also entered the final phase. In November, they will test withdrawals and gas transactions. The final integrations are also expected to take place this month.

How SpacePay Solves Real Crypto Problems

Crypto payments have always had three major problems: high fees, volatility and speed. SpacePay tackles all three at once.

Its scalable infrastructure can handle huge transaction volumes while remaining smooth and reliable. Integration into over 325 wallets means it’s ready for mass adoption, not just a niche community.

Then there’s volatility protection, which is a big deal. If you are a merchant, the last thing you want is to receive $100 in crypto and find that it is worth $90 ten minutes later. SpacePay solves that by locking the fiat value at the point of payment.

In addition, SpacePay works on a decentralized payment system. Users remain in control of their funds without any third party control.

Built for everyone

SpacePay is not just for crypto enthusiasts. The company caters to individuals, small businesses, online shops and large retailers. The platform allows users to walk into stores and pay with crypto by simply scanning a QR code.

As for merchants, they don’t need to buy expensive new hardware. SpacePay integrates with existing card terminals, reducing transaction fees, and providing instant settlement. No intermediaries or days of waiting for funds to clear.

That’s how adoption starts – making things work without forcing users to change their habits.

Learn more:

website: https://spacepay.co.uk/

X: https://x.com/spacepayltd

Telegram: https://t.me/SpacePayTG