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4 Ways SpacePay Makes Crypto Useful for Everyday Shopping

By Olaleye Komolafe

Last Updated: Mar 27, 2025

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Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

Disclaimer Icon
Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

Using crypto for daily purchases should be simple, but most stores don’t accept it. High equipment costs, technical complexity, price volatility, and slow processing have kept digital currencies from working at local shops.

SpacePay changes this by focusing on four practical features that matter for everyday shopping. As the platform reached $1 million in presale funding with tokens at $0.003153, its approach to making crypto work for coffee, groceries, and retail stands out.

Let’s look at how SpacePay’s four features turn crypto from a speculative asset to a useful payment tool.

Saving Money: The 0.5% Fee Advantage

The 0.5% fee creates immediate financial benefits for businesses used to paying 2.5-3.5% on card payments. For a coffee shop processing $5,000 weekly, this means paying just $25 in fees rather than $175. The $150 weekly difference adds up to $7,800 yearly – enough to upgrade equipment, hire part-time help, or simply improve profit margins.

These savings grow with business size. A restaurant doing $20,000 weekly in sales keeps an extra $500 that would otherwise go to payment processors. This money stays in the business rather than flowing to payment middlemen.

The fee advantage particularly helps businesses with tight margins. Grocery stores typically operate on 1-2% profit, so traditional 3% card fees can actually create losses on some transactions. By reducing payment costs to 0.5%, these businesses protect their already thin margins without raising prices for customers.

Small businesses that lack negotiating power with traditional processors benefit most. While large chains can sometimes negotiate lower card rates based on volume, neighborhood shops typically pay the highest fees. SpacePay’s flat 0.5% rate gives these small merchants the same cost advantage regardless of their size.

Getting Paid Now, Not Later

Instant settlements change how businesses operate day-to-day. When a store makes a sale, they receive their money immediately rather than waiting 2-3 days for traditional card payments to clear. This speed eliminates the artificial gap between making sales and having access to those funds.

For restaurants, this timing makes a critical difference. A busy Friday dinner service might generate thousands in sales, but with traditional payments, that money remains unavailable until the middle of next week. SpacePay delivers these earnings instantly, letting the restaurant pay for Saturday morning food deliveries without maintaining extra cash reserves.

Weekend sales that normally sit trapped in processing until Wednesday become immediately available. This change helps retailers respond quickly to inventory needs. When a popular item sells out on Saturday, the store can reorder immediately using those sales, rather than waiting days for the funds to clear.

The cash flow impact extends to staff payments as well. Service businesses like salons or cleaning companies can pay workers the same day clients pay them.

No New Equipment Needed

SpacePay works with payment terminals that stores already use, eliminating equipment costs that typically block crypto adoption. By adding digital currency capabilities to existing Android-based systems through a simple software update, merchants avoid spending $300-800 per terminal on specialized hardware.

The familiar equipment means staff continue using screens they already know. The checkout process follows the same flow – enter the amount, display payment options, and confirm the transaction.

The only visible difference is a QR code that customers scan with their wallet app. This similarity to current systems keeps checkout moving quickly without confusing staff or customers.

This zero-equipment-cost approach makes crypto payments accessible to the smallest businesses. Even a neighborhood shop with a single payment terminal can add digital currency acceptance without capital investment. The ability to start accepting crypto without buying new hardware removes the financial barrier that previously limited adoption to larger or tech-focused businesses.

Safe from Crypto Price Changes

Price protection removes the volatility risk that previously kept merchants from accepting crypto. When a store sells something for $100, they receive exactly $100 in their local currency, regardless of crypto market movements during the transaction. This guarantee lets businesses confidently accept digital currencies without worrying about value changes affecting their income.

For small businesses with careful cash flow management, this stability is essential. SpacePay’s price protection means that a $50 sale remains exactly $50 in the store’s account. This consistency allows merchants to set stable pricing and predict income reliably.

The system handles all currency conversion automatically, finding the best rates across multiple sources. Stores see only their local currency amounts – dollars, euros, pounds – without needing to track cryptocurrency values or market trends. This simplicity keeps focus on serving customers rather than managing exchange rates.

Protection from market volatility works for both small and large purchases. From a $5 coffee to a $500 electronics purchase, merchants receive their asking price without adjustment for crypto price changes.

As SpacePay reached $1 million in presale funding with tokens at $0.003153, new supporters can join through an easy process.

Visit the official SpacePay website and connect your crypto wallet to the platform. Choose your preferred payment method: USDT, AVAX, BASE, MATIC, ETH, or BNB for crypto users.

JOIN THE SPACEPAY (SPY) PRESALE NOW

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Olaleye Komolafe
Olaleye Komolafe
Crypto Journalist

Olaleye is a professional reporter with vast experience in web3, cryptocurrencies, and NFT journalism. He enjoys writing about the evolving metaverse sphere and the prevalence in the crypto sphere. Notably, some of his contents have been published in numerous international... Read More

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