SpacePay vs. Traditional Payment Giants: Can Crypto Finally Beat Visa and Mastercard?
2025-07-11 07:22:29
Main Idea
SpacePay is emerging as a challenger to Visa and Mastercard by offering lower transaction fees, direct crypto payments, and greater user control, aiming to bridge the gap between crypto and traditional finance.
Key Points
1. SpacePay charges a 0.5% merchant fee per transaction, significantly lower than Visa and Mastercard's 1.5% to 3% fees.
2. Unlike Visa and Mastercard, SpacePay allows direct payments with cryptocurrencies without requiring conversion to traditional currency.
3. SpacePay supports over 325 wallets, giving users flexibility in how they manage and spend their funds.
4. The platform emphasizes user control and security, allowing payments directly from personal wallets.
5. SpacePay is conducting a presale for its SPY token, which can be purchased using various cryptocurrencies or a bank card.
Description
The post SpacePay vs. Traditional Payment Giants: Can Crypto Finally Beat Visa and Mastercard? appeared first on Coinpedia Fintech News Everyone knows Visa and Mastercard; they have been the kings of payments for decades. SpacePay is emerging as a challenger that could even take over the market with its unique approach. It aims to serve as a bridge between the crypto world and the traditional finance world. With what SpacePay is developing from its presale, paying with crypto in everyday stores ...
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