SpacePay Solves Crypto Problems: Demand for SPY Token Could Skyrocket Price; Join Presale Now
Merchants can now accept cryptocurrency payments without fear of common issues through the new SpacePay solution. SpacePay is creating various tools to make it easy for everyone to use cryptocurrencies for daily transactions and business operations.
With its innovative offerings, the platform aims to become a household name by providing solutions to major cryptocurrency limitations.
It’s common to see even those familiar with cryptocurrencies reject crypto payments due to price volatility. It doesn’t make sense to accept BNB, for example, for payment of goods or services when its value could plummet almost immediately after the transaction.
Conversely, buyers who pay with BNB might feel cheated if the token’s value rises shortly after the transaction, because they could have paid less for the same goods or services if they had waited.
SpacePay solves this by eliminating volatility’s impact on cryptocurrency prices. When customers pay for goods or services, merchants receive payment in their local currencies.
The platform automatically converts the paid crypto to the merchant’s desired currency, ensuring they always receive the agreed-upon price without fear of value fluctuations.
Beyond volatility, cryptocurrency systems and applications are known to be complex since they are different from the traditionally known payment methods. Users are usually required to learn new ways to transact, download apps, and carry out other new activities different from the traditional method.
SpacePay simplifies this process by integrating with more than 325 payment wallets, allowing users to continue using their existing payment systems.
Users can access SpacePay through their existing payment machines and traditional point-of-sale systems.
Read more on cryptonews.com
