5 Steps How to Accept Crypto and Slash Fees (Easy Guide for Merchants)

You're bleeding money.

Every swipe. Every tap. Every transaction.

Visa and Mastercard take their cut. Your payment processor takes theirs. And you? You're left wondering why 2-4% of every sale vanishes into thin air.

Here's the thing. It's 2026. You don't need them anymore.

Crypto payments are here. They're faster. They're cheaper. And with the right setup, you can slash your interchange fees by over 50%.

This guide breaks it down. Five steps. No fluff. Let's get you accepting crypto and keeping more of what you earn.

Step 1: Ditch the Legacy Mindset

First things first. Understand what you're up against.

Traditional payment rails are expensive. Here's the reality:

See that last line? Gas-only transfers.

No interchange fees. No network fees eating your margins. Just the minimal blockchain transaction cost.

For a business processing $100,000/month, switching from legacy payments to crypto can save you $2,000-$3,500 monthly. That's $24,000-$42,000 annually going back into your pocket.

The legacy system was built for a different era. An era of middlemen, clearing houses, and 3-5 business day settlements.

We're in the Web3 era now. Time to act like it.

Step 2: Choose the Right Crypto Payment Gateway

Not all crypto payment solutions are created equal.

You've got options. BitPay. NOWPayments. CoinPayments. They all work. But they come with trade-offs.

BitPay charges 1% per transaction and forces instant fiat conversion. You're still paying fees. You're still dependent on their rails.

NOWPayments offers more flexibility but lacks the ecosystem depth for serious merchants.

Larecoin plays a different game entirely.

Here's what sets it apart:

• Gas-only transfers. No percentage-based fees eating your revenue.

• LUSD stablecoin. Receive payments in a stable, dollar-pegged asset. No volatility headaches.

• Smart Wallet integration. One dashboard. All your assets. Complete control.

• Crypto Receivables. Hold your incoming payments as on-chain assets (more on this in Step 5).

The key? Don't just switch to crypto. Switch to an ecosystem built for merchants.

Traditional gateways convert your crypto to fiat instantly. Sounds convenient. But you're missing the bigger picture.

Holding receivables on-chain gives you options. Treasury management. Yield opportunities. True asset independence.

Step 3: Set Up Your Smart Wallet

Your wallet is your new bank account. Except you actually own it.

No frozen funds. No arbitrary holds. No asking permission to access your own money.

The Larecoin Smart Wallet is designed for this exact use case. Here's how to get started:

1. Download the wallet. Available for iOS, Android, and desktop.

2. Secure your seed phrase. Write it down. Store it offline. This is non-negotiable.

3. Connect your business account. Link your merchant profile to start receiving payments.

4. Set your preferred settlement. Choose LUSD for stability or LARE for ecosystem benefits.

That's it. You're ready to receive.

The Smart Wallet also supports:

• Multi-signature authorization. Perfect for teams and enterprises.

• Push-to-card functionality. Need fiat? Push directly to your debit card.

• Cross-chain compatibility. Accept payments from multiple blockchain networks.

Your keys. Your business. Your rules.

Step 4: Integrate and Go Live

Integration doesn't need to take months.

Depending on your setup, you can be live in days: not weeks.

For E-commerce:

• Plugins available for Shopify, WooCommerce, and Magento.

• Drop in the code snippet. Configure your settings. Done.

• Customers see a crypto payment option at checkout.

For Point-of-Sale:

• QR code generation for in-person payments.

• Tablet and mobile POS integrations.

• Real-time conversion displays so customers know exactly what they're paying.

For Enterprises:

• Full API access for custom integrations.

• Webhook notifications for payment confirmations.

• Dedicated support for complex deployments.

The customer experience is seamless. They select crypto at checkout. Scan the QR code or click the payment link. Funds hit your wallet in minutes: not days.

Blockchain confirmations typically take 1-6 blocks depending on the network. Solana-based transactions (like LARE) settle in seconds.

Compare that to the 2-5 business days for traditional ACH settlements. The difference is night and day.

Step 5: Embrace Crypto Receivables

This is where it gets interesting.

Most merchants accept crypto and immediately convert to fiat. They're treating crypto like a temporary inconvenience rather than an asset class.

Crypto Receivables flip that script.

Instead of converting immediately, you hold incoming payments as tokenized assets on-chain. Your receivables become:

• Transparent. Every transaction is recorded on an immutable ledger.

• Liquid. Trade, stake, or collateralize your receivables.

• Tax-efficient. Potential benefits from holding assets vs. realizing gains immediately.

Think of it as your business's treasury going on-chain.

With Larecoin, your receivables are held in LUSD (stable) or LARE (ecosystem token). You decide when and how to convert. You maintain optionality.

This is the new standard for forward-thinking businesses. Your accountant will thank you.

Bonus: NFT Receipts for Total Transparency

Here's a feature you didn't know you needed.

Every transaction on Larecoin can generate an NFT receipt. A permanent, verifiable record of the payment.

Why does this matter?

• Accounting. Immutable proof of every transaction for audits and reconciliation.

• Customer trust. Buyers can verify their payment history on-chain.

• Dispute resolution. No more he-said-she-said. The blockchain doesn't lie.

Traditional receipts get lost. Emails get deleted. Paper fades.

NFT receipts live forever on-chain. Accessible anytime. Verifiable by anyone.

For enterprises and ISOs handling high transaction volumes, this level of transparency is a game-changer.

The Bottom Line

Legacy payment systems are expensive. Slow. Outdated.

Crypto payments: done right: slash your fees, speed up settlements, and give you true ownership of your assets.

Here's the quick recap:

1. Understand the cost. Legacy rails are stealing 2-4% of every transaction.

2. Choose wisely. Not all crypto gateways are equal. Go with an ecosystem, not just a processor.

3. Set up your wallet. Your keys. Your money. Your control.

4. Integrate fast. Plugins, APIs, and POS solutions make going live simple.

5. Hold receivables. Stop instant-converting. Start building on-chain treasury.

The merchants who move first win. Lower costs. Better cash flow. Future-proof infrastructure.

Ready to make the switch?

Explore Larecoin and start accepting crypto payments today.

Larecoin is a Web3 global payments ecosystem offering gas-only transfers, stablecoin settlements, and crypto receivables for merchants, ISOs, and enterprises.