SpacePay Attracts Investors With 0.5% Crypto Payment Fee Model

Crypto investors are increasingly turning their attention to SpacePay, a London-based startup offering a novel solution to the persistent issue of crypto adoption in everyday transactions. With over 400 million crypto holders worldwide, the challenge remains that most cannot use their digital assets at traditional retail locations. SpacePay aims to bridge this gap by enabling businesses to accept crypto payments using existing card readers, eliminating the need for expensive new equipment or complex training for staff [1].

The platform integrates with more than 325 crypto wallets and instantly converts digital currencies into fiat, shielding merchants from the volatility typically associated with crypto transactions. This conversion happens in real time, locking in exchange rates the moment a customer completes a payment. Merchants receive stable, predictable payments in local currency, making the process as straightforward as traditional credit card transactions [1].

One of the key factors attracting investors to SpacePay is its business model. The company earns revenue through transaction fees, currently at 0.5%, significantly lower than the 2–4% typically charged by major payment processors. For small businesses, which often operate with narrow profit margins, this difference can translate into hundreds of dollars saved each month. The startup has already raised nearly $1.3 million during its presale phase, a notable figure in an industry where many projects struggle to secure even a fraction of that amount [1].

Investor appeal is further enhanced by the token distribution model. Unlike many crypto projects that retain large portions of their token supply, SpacePay’s founders have limited their share to just 5%. The remaining tokens are allocated for partnerships, platform development, and community rewards. This approach, combined with a transparent and functional product, has contributed to growing investor confidence [1].

From a technical standpoint, SpacePay leverages Android-based card readers already in use by millions of businesses. A simple software update allows these merchants to begin accepting crypto payments immediately, without the need for extensive training or infrastructure overhauls. The system also employs bank-grade encryption and real-time transaction monitoring, ensuring security and reliability [1].

Investors can currently participate in the $SPY token presale at a price of $0.003181 per token. The process involves connecting a supported crypto wallet, selecting a payment method (including ETH, BNB, USDT, USDC, or traditional bank cards), and finalizing the purchase through a straightforward interface [1].

SpacePay is addressing a critical pain point in both the crypto and small business ecosystems. By reducing payment processing fees, simplifying adoption, and offering a stable revenue model, the platform positions itself as a practical solution rather than speculative hype. As credit card companies raise their fees and consumer interest in crypto grows, SpacePay’s approach appears well-timed and strategically sound [1].

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[1] [Crypto Investors Are Taking Notice of SpacePay This Summer – Here’s Why It Should Be on Your Radar Too](https://99bitcoins.com/news/crypto-investors-are-taking-notice-of-spacepay-this-summer-heres-why-it-should-be-on-your-radar-too/)