Cryptocurrencies have opened a radical new chapter in finance. Built on blockchain technology, they have a decentralised, transparent spirit.
But cryptocurrencies are hardly currencies today. The mainstream adoption of cryptocurrencies remains a distant dream.
SpacePay ($SPY) changes this. This new cryptocurrency payment software solution is designed to revolutionise how people transact in the digital age. Let’s find out how.
SpacePay is a fintech startup based in London. The project’s goal is to transform the payment landscape by bridging traditional paymentl infrastructure with decentralised blockchain technology.
It empowers payment companies and merchants to allow safe and secure crypto transactions on their card machine systems.
Maxwell Bunting is the founder of SpacePay. He has been involved in the cryptocurrency space since his early teens. As a crypto user, he often faced challenges while spending his cryptocurrency for real-world uses. The industry’s lack of transparency and security systems further frustrated him.
That was how SpacePay was born.
SpacePay is envisioned as a decentralised, community-driven equivalent of Visa and Mastercard. It offers user-friendly software that seamlessly integrates with existing card machines, driving the widespread adoption of cryptocurrencies.
The SpacePay software allows consumers to use cryptocurrencies from over 325+ wallets for their day-to-day purchases. Merchants, on the other hand, get payouts in traditional currencies using SpacePay. It allows them to penetrate a new customer base.
While there are other crypto payment solutions in the market, merchants benefit from faster settlements and reduced fees by opting for SpacePay.
As a decentralised, terminal-agnostic payment protocol
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