Scan, Pay, Done: How SpacePay Turns Crypto into Coffee Money
The post Scan, Pay, Done: How SpacePay Turns Crypto into Coffee Money appeared first on Coinpedia Fintech News
Most baristas react with a confused stare when customers attempt to pay for coffee with Bitcoin. This common scenario highlights the current gap between cryptocurrency ownership and real-world usage.
Despite years of promises about crypto changing the payment landscape, the majority of consumers continue to rely on traditional credit cards for everyday purchases.
SpacePay is tackling this disconnect with a payment platform that might actually work in the real world. With a low 0.5% transaction fee, connections to over 325 crypto wallets, and instant conversion to cash for merchants, they’re gaining recognition across the payment industry. They’ve already pulled in $1 million during their presale, with $SPY tokens going for $0.003181.
Connecting Crypto and Coffee ShopsMost shop owners aren’t thrilled about accepting cryptocurrency. The typical crypto payment setup feels designed by rocket scientists for other rocket scientists.
SpacePay gets these frustrations. Instead of forcing merchants to buy expensive new gear, their solution works with regular Android payment terminals through a simple software update. It works similar to installing a powerful new app on your existing phone – the hardware stays the same, but suddenly it can do much more than before.
For customers, making a payment feels natural. Scan a QR code with your crypto wallet, tap confirm, and you’re done. No awkward waiting, no complicated wallet addresses to type in. Since it works with over 325 wallets, customers can use whatever they’re already comfortable with.
Time is of the essence! $SPY is in for some major developments.
Stay tuned for what’s next 