Tap, Pay, and Go: SpacePay’s NFC Combination Brings Crypto Payments to Any Smartphone

The post Tap, Pay, and Go: SpacePay’s NFC Combination Brings Crypto Payments to Any Smartphone appeared first on Coinpedia Fintech NewsCryptocurrency was expected to alter how we pay for things. Yet here we are, years later, still pulling out credit cards at coffee shops while our crypto sits unused in digital wallets. SpacePay tackles this challenge with a payment platform that includes a 0.5% deal fee, deals with over 325 crypto wallets, and provides immediate …

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The post Tap, Pay, and Go: SpacePay’s NFC Combination Brings Crypto Payments to Any Smartphone appeared first on Coinpedia Fintech NewsCryptocurrency was expected to alter how we pay for things. Whether you store crypto on a hardware wallet or keep everything on your phone, SpacePay processes the payment smoothly. They just see regular payments without the crypto drama.

Slashing Payment Costs That Hurt Small Businesses
Credit card processing charges take between 2.5% and 3.5% from every transaction. SpacePay checks wallet information, crypto balances, merchant information, and exchange rates all at once.This parallel processing describes why Bitcoin payments complete in seconds rather than minutes. The platform already has strategies to roll out throughout 4.5 million Android-based payment terminals in 9 countries.This ambitious growth works since SpacePay does not require services to change devices they already own.