The post SpacePay’s NFC Integration Brings Crypto Payments to Any Smartphone appeared on BitcoinEthereumNews.com.

Cryptocurrency was supposed to change 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 features a 0.5% transaction fee, works with over 325 crypto wallets, and provides instant fiat settlements for merchants. The London-based startup has already raised over $1 million during their ongoing presale, with $SPY tokens currently priced at $0.003181. Crypto Payments Without the Technical Mess Ask any shop owner why they don’t accept Bitcoin, and they’ll mention the complicated setup or expensive equipment. SpacePay cuts through this complexity with a simple solution that works with existing Android payment terminals. No expensive hardware needed. Just a quick software update. The NFC functionality allows customers to simply tap their smartphones against payment terminals, just like contactless credit cards. This familiar gesture makes crypto payments feel natural and effortless. The system works with over 325 different cryptocurrency wallets. Whether you store crypto on a hardware wallet or keep everything on your phone, SpacePay processes the payment smoothly. This compatibility means customers can use what they already have instead of downloading another app. Protecting Merchants From Price Swings Here’s the nightmare that keeps businesses away from crypto: a customer pays with Bitcoin for a $100 purchase in the morning, but by afternoon, that payment is only worth $85 because the market crashed. SpacePay solves this with technology that protects merchants from volatility completely. When someone pays with Bitcoin, the business owner gets regular currency immediately. That $100 sale stays exactly $100 in their bank account, whether Bitcoin crashes or soars five minutes later. The system freezes the exchange rate during the transaction. If Bitcoin’s price suddenly drops, SpacePay absorbs the difference instead of passing…

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Filed under: News - @ May 31, 2025 11:26 am