The post SpacePay: Zero Equipment Cost and Instant Settlements Make Local Stores Switch To Crypto appeared first on Coinpedia Fintech News A local store owner spends thousands of dollars a year just to rent credit card machines while waiting up to three days to access money from weekend sales. These equipment costs and payment delays create real problems—from delayed supplier payments to missed inventory deals. Meanwhile, customers increasingly ask to pay with crypto, but fears about price swings and complex setups keep merchants hesitant. SpacePay addresses these common frustrations by turning existing payment screens into crypto-ready terminals. It has also raised over $700,000 from investors who see how this solution helps real businesses. The platform changes standard Android-based card machines into complete payment terminals that handle both traditional and crypto transactions. When customers pay using any of the 325+ supported wallets, merchants receive their local currency instantly—no equipment costs, no settlement delays, and no crypto price risks. Traditional Payment Systems Vs. Spacepay: The Real Cost Difference Standard payment equipment creates a heavy financial burden for small businesses. A typical retail store pays $600-1,200 per card terminal annually in rental fees. For businesses needing multiple terminals, these costs multiply quickly. Add monthly maintenance fees, software updates, and replacement costs, and stores often spend over $3,000 yearly just to accept card payments. SpacePay eliminates these equipment expenses entirely. Store owners keep their current Android-based payment screens, which now handle both card and crypto payments through a free software update. Switching to SpacePay instantly saves store owners thousands in annual fixed costs. The platform’s 0.5% transaction fee replaces the traditional 3.5% rate, creating additional savings on every sale. The impact becomes clearer when looking at monthly transactions. A store processing $20,000 monthly pays $700 in traditional card fees (3.5%). With SpacePay, the same sales volume costs just $100 (0.5%). Combined with eliminated equipment costs, a business could save over $10,000 annually. These savings help stores invest in growth, improve inventory, or simply increase their profit margins. Why Three-day Settlement Delays Hurt Local Business Payment delays create real problems for small business cash flow. When a store processes card payments on Friday, traditional systems hold that money until Wednesday. During busy seasons like holidays, these delays trap thousands of dollars that businesses need for daily operations. Holiday periods make these delays even more challenging. Consider a toy store during December – their biggest sales days happen just before the holidays, but three-day settlement times mean they can’t access this money for restocking during the crucial shopping period. Many stores resort to expensive short-term loans or credit cards to bridge these payment gaps. SpacePay changes this dynamic with instant settlements. When customers pay with any supported crypto wallet, merchants receive their local currency immediately in their account. This immediate availability of funds helps businesses operate more efficiently and take advantage of time-sensitive opportunities. Protection From Crypto Price Changes: How It Works Price protection forms the core of SpacePay’s merchant-first approach. When a customer pays in crypto, SpacePay locks the local currency value instantly. For example, if someone buys a $50 meal using Bitcoin, the restaurant receives exactly $50 in their account – regardless of what happens to Bitcoin’s price afterward. This protection removes the biggest worry that keeps merchants from accepting digital currencies. The system works through automatic real-time conversion. Let’s walk through a real transaction: A customer scans the QR code to buy a $75 shirt using Ethereum. At that moment, SpacePay checks current market rates and locks in the $75 value. Even if Ethereum’s price drops 10% during the next hour, the store still gets their full $75. This price locking happens invisibly in the background, requiring no action from the merchant or customer. With SpacePay’s instant conversion, shop owners now confidently accept any of the 325+ supported cryptocurrencies, knowing they’ll receive the exact sale amount in their local currency. The platform handles all market calculations, leaving merchants free to focus on their business. The technology behind this protection creates true risk-free crypto acceptance. A café can sell a $5 coffee for $5, without worrying about cryptocurrency markets or exchange rates. This simplicity helps merchants expand their payment options while maintaining stable pricing and predictable income. Becoming A Part Of Spacepay’s Journey As the platform raises over $700,000 in presale funding , new supporters can join at $0.002315 per SPY token. The investment process starts at SpacePay’s official website , where investors connect their crypto wallets. The platform accepts payments in USDT, AVAX, BASE, MATIC, ETH, and BNB. Those new to crypto can purchase directly with bank cards, making entry accessible to everyone. SpacePay helps in removing payment barriers that help local businesses compete in the digital economy. Store owners can now actively participate in SpacePay’s community, sharing insights with other merchants considering the switch. Current investors gain early access to a platform that’s actively solving real business problems. Visit SpacePay’s website to join the presale, or connect through Telegram and X for updates about merchant adoption and platform developments. A local store owner spends thousands of dollars a year just to rent credit card machines while waiting up to three days to access money from weekend sales. These equipment costs and payment delays create real problems—from delayed supplier payments to missed inventory deals. Meanwhile, customers increasingly ask to pay with crypto, but fears about price swings and complex setups keep merchants hesitant. SpacePay addresses these common frustrations by turning existing payment screens into crypto-ready terminals. It has also raised over $700,000 from investors who see how this solution helps real businesses. The platform changes standard Android-based card machines into complete payment terminals that handle both traditional and crypto transactions. When customers pay using any of the 325+ supported wallets, merchants receive their local currency instantly—no equipment costs, no settlement delays, and no crypto price risks. Traditional Payment Systems Vs. Spacepay: The Real Cost Difference Standard payment equipment creates a heavy financial burden for small businesses. A typical retail store pays $600-1,200 per card terminal annually in rental fees. For businesses needing multiple terminals, these costs multiply quickly. Add monthly maintenance fees, software updates, and replacement costs, and stores often spend over $3,000 yearly just to accept card payments. SpacePay eliminates these equipment expenses entirely. Store owners keep their current Android-based payment screens, which now handle both card and crypto payments through a free software update. Switching to SpacePay instantly saves store owners thousands in annual fixed costs. The platform’s 0.5% transaction fee replaces the traditional 3.5% rate, creating additional savings on every sale. The impact becomes clearer when looking at monthly transactions. A store processing $20,000 monthly pays $700 in traditional card fees (3.5%). With SpacePay, the same sales volume costs just $100 (0.5%). Combined with eliminated equipment costs, a business could save over $10,000 annually. These savings help stores invest in growth, improve inventory, or simply increase their profit margins Why Three-day Settlement Delays Hurt Local Business Payment delays create real problems for small business cash flow. When a store processes card payments on Friday, traditional systems hold that money until Wednesday. During busy seasons like holidays, these delays trap thousands of dollars that businesses need for daily operations. Holiday periods make these delays even more challenging. Consider a toy store during December – their biggest sales days happen just before the holidays, but three-day settlement times mean they can’t access this money for restocking during the crucial shopping period. Many stores resort to expensive short-term loans or credit cards to bridge these payment gaps. SpacePay changes this dynamic with instant settlements. When customers pay with any supported crypto wallet, merchants receive their local currency immediately in their account. This immediate availability of funds helps businesses operate more efficiently and take advantage of time-sensitive opportunities. Protection From Crypto Price Changes: How It Works Price protection forms the core of SpacePay’s merchant-first approach. When a customer pays in crypto, SpacePay locks the local currency value instantly. For example, if someone buys a $50 meal using Bitcoin, the restaurant receives exactly $50 in their account – regardless of what happens to Bitcoin’s price afterward. This protection removes the biggest worry that keeps merchants from accepting digital currencies. The system works through automatic real-time conversion. Let’s walk through a real transaction: A customer scans the QR code to buy a $75 shirt using Ethereum. At that moment, SpacePay checks current market rates and locks in the $75 value. Even if Ethereum’s price drops 10% during the next hour, the store still gets their full $75. This price locking happens invisibly in the background, requiring no action from the merchant or customer. With SpacePay’s instant conversion, shop owners now confidently accept any of the 325+ supported cryptocurrencies, knowing they’ll receive the exact sale amount in their local currency. The platform handles all market calculations, leaving merchants free to focus on their business. The technology behind this protection creates true risk-free crypto acceptance. A café can sell a $5 coffee for $5, without worrying about cryptocurrency markets or exchange rates. This simplicity helps merchants expand their payment options while maintaining stable pricing and predictable income. Becoming A Part Of Spacepay’s Journey As the platform raises over $700,000 in presale funding , new supporters can join at $0.002315 per SPY token. The investment process starts at SpacePay’s official website , where investors connect their crypto wallets. The platform accepts payments in USDT, AVAX, BASE, MATIC, ETH, and BNB. Those new to crypto can purchase directly with bank cards, making entry accessible to everyone. SpacePay helps in removing payment barriers that help local businesses compete in the digital economy. Store owners can now actively participate in SpacePay’s community, sharing insights with other merchants considering the switch. Current investors gain early access to a platform that’s actively solving real business problems. Visit SpacePay’s website to join the presale, or connect through Telegram and X for updates about merchant adoption and platform developments. JOIN SPACEPAY COMMUNITY NOW: Website | Twitter | Telegram
