5 Steps How to Accept Crypto Payments and Keep Full Self-Custody (Easy Guide for Small Businesses)

Traditional crypto payment processors want your keys. They hold your funds. They control your money.

Not anymore.

Small businesses deserve better. Full self-custody. Real ownership. Lower fees. That's the new standard.

Here's your 5-step playbook to accept crypto payments while keeping complete control of your funds.

Why Self-Custody Matters for Your Business

Most payment gateways: think NOWPayments, CoinPayments, or Triple-A: operate on a custodial model. They receive crypto on your behalf. Convert it automatically. Deposit fiat to your bank.

Sounds convenient, right?

Here's the problem: You never touch the crypto.

The payee wallet belongs to them. Not you. Your private keys? Managed by a third party. Your funds sit on someone else's balance sheet until they decide to settle.

Self-custody flips this model.

You own the wallet. You hold the keys. You control the funds.

No middleman. No waiting for settlement. No custodial risk.

Step 1: Set Up Your Self-Custody Wallet Infrastructure

First things first. You need a wallet that YOU control.

Master/Sub-Wallet Architecture

The smartest setup for businesses? A master wallet with sub-wallets for each location, department, or revenue stream.

Here's why this matters:

• Organized accounting: Track revenue sources separately

• Team access control: Give managers view-only access to sub-wallets

• Consolidated reporting: All funds flow to your master wallet

• Zero custody compromise: You hold private keys for everything

With Larecoin, merchants get this architecture built-in. No complicated setup. No third-party key management.

Pro tip: Store your seed phrase offline. Hardware wallet for the master. Hot wallet for daily operations.

Step 2: Configure Your Crypto POS System

Point-of-sale just went Web3.

Traditional POS systems charge 2.5-3.5% per transaction. Credit card interchange fees eat your margins. Chargebacks cost you time and money.

Crypto POS changes the game.

• Fee savings exceeding 50% compared to card networks

• Gas-only transfers mean you pay network fees only

• Instant settlement directly to your wallet

• Zero chargeback risk (blockchain transactions are final)

How Larecoin's Crypto POS Works:

1. Customer selects crypto payment at checkout

2. System generates a unique payment request

3. Customer scans, confirms, done

4. Funds land in YOUR wallet: not a processor's

No conversion delays. No settlement windows. No custody handoff.

Comparison snapshot:

Step 3: Generate QR Codes for Seamless Transactions

QR codes are your crypto checkout lane.

QR-Generated POS eliminates friction. Customer opens their wallet app. Scans the code. Confirms payment. Transaction complete.

Setting up QR payments:

• Static QR codes: Perfect for fixed-price items, donations, tips

• Dynamic QR codes: Generated per transaction with exact amounts

• Multi-chain support: Accept payments across different networks

The best part? No expensive hardware required. A tablet. A phone. Even a printed sign works for static codes.

Implementation checklist:

• Configure accepted cryptocurrencies

• Set up LUSD stablecoin as default (avoid volatility)

• Enable instant QR generation at checkout

• Train staff on confirmation verification

Step 4: Leverage NFT Receipts and LUSD Stablecoin

Here's where it gets interesting.

NFT Receipts: Proof That Lives Forever

Traditional receipts? Paper fades. Emails get deleted. Digital records get lost.

NFT receipts are different. They're immutable. On-chain. Verifiable forever.

Benefits for your business:

• Audit-proof documentation: Every transaction recorded on blockchain

• Customer loyalty integration: NFT receipts can unlock future perks

• Warranty tracking: Link product warranties to receipt NFTs

• Dispute resolution: Undeniable proof of purchase

Benefits for your customers:

• Digital collectibles: Some actually want to keep branded receipts

• Easy returns: Scan NFT to verify purchase

• Ownership proof: Especially valuable for high-ticket items

LUSD Stablecoin: Stability Without Sacrifice

Volatility concerns? Valid.

That's why accepting LUSD: Larecoin's stablecoin: gives you the best of both worlds.

• Price stability: Pegged value eliminates crypto volatility

• Instant acceptance: No conversion needed

• Self-custody preserved: Still your wallet, your keys

• Easy accounting: Predictable values for bookkeeping

Accept Bitcoin and Ethereum for customers who prefer them. Default to LUSD for operational simplicity.

Step 5: Ensure MTL Compliance and Regulatory Coverage

Self-custody doesn't mean ignoring compliance.

The Compliance Reality

Accepting crypto payments in the U.S. requires proper licensing. Money transmission laws vary by state. Federal registration matters.

Here's what legitimate compliance looks like:

• Federal MSB Registration: Money Services Business registration with FinCEN

• State-Level MTL Coverage: Money Transmitter Licenses across operational states

• AML/KYC Protocols: Anti-money laundering and know-your-customer procedures

Why this matters for self-custody:

Using a compliant payment solution: even with self-custody: protects your business. You're not operating as an unlicensed money transmitter. You're accepting payment for goods and services through a licensed infrastructure.

Larecoin maintains federal MSB registration and pursues MTL compliance across U.S. jurisdictions. Your self-custody. Their compliance framework.

Compliance checklist for merchants:

• Verify payment provider's licensing status

• Maintain transaction records

• Implement basic customer verification for large purchases

• Consult with crypto-savvy accountant for tax obligations

The Future: Metaverse Shopping and Beyond

Self-custody isn't just about today.

Social Shopping in Web3

The Larecoin B2B2C metaverse vision puts merchants directly in virtual environments. Picture your storefront in a VR shopping mall. Customers browse with avatars. Pay with crypto. Get NFT receipts automatically.

Metaverse shopping unlocks:

• Global customer reach without physical presence

• Immersive product demonstrations

• Social commerce with live interactions

• Seamless crypto-native checkout

VR/AR Integration

Augmented reality shopping is coming. Try before you buy: virtually. Purchase instantly with self-custody wallets. No payment processors skimming percentages.

The merchants who adopt self-custody crypto payments now will be positioned for this shift.

Quick Implementation Recap

Ready to Start?

Self-custody crypto payments aren't the future. They're available now.

Lower fees. True ownership. Regulatory compliance. Future-proof infrastructure.

Your business. Your wallet. Your keys.

Explore the full Larecoin ecosystem and see how self-custody changes everything.

Questions? Connect with the Larecoin community and get answers from merchants already accepting crypto with full self-custody.