Have you ever tried to pay for groceries with cryptocurrency, only to see the cashier confused? This scenario occurs frequently because many stores struggle with digital currency transactions. SpacePay claims to have a solution, having raised over $1.4 million in presales. Unlike many crypto projects that lack direction, SpacePay addresses a genuine issue: businesses want to accept crypto but are deterred by the technology. Their approach is straightforward; merchants can use their existing card readers with SpacePay's software on Android POS systems, eliminating the need for costly hardware upgrades. This allows them to accept payments from over 325 crypto wallets. With around 400 million people holding cryptocurrency globally, SpacePay aims to enable these users to spend their digital assets in stores. The platform converts crypto payments to cash instantly, mitigating price volatility risks for merchants. With a low transaction fee of 0.5%, SpacePay offers significant savings for businesses. Additionally, token holders benefit from voting rights, monthly rewards, and a share of the platform's revenue. Read more AI-generated news on: https://app.chaingpt.org/news