7 Mistakes Merchants Make with Crypto Payments (And How Self-Custody Fixes Every One)

Crypto payments are exploding. Yet most merchants are bleeding money and trust without even knowing it.

The culprit? Custodial payment processors.

You hand over your crypto. They control your funds. You pay the price.

NOWPayments, CoinPayments, Triple-A: they all share one fundamental flaw. They hold your money. And that creates a cascade of problems most merchants don't see coming.

Let's break down the seven biggest mistakes. And show you exactly how self-custody flips the script.

Mistake #1: Letting Someone Else Hold Your Crypto

Here's the brutal truth.

When you use a custodial processor, your funds sit in their wallets. Not yours. Their security practices. Their risk exposure. Their timeline for releasing your money.

CoinPayments experienced a major security incident in 2020. Millions lost. Merchants left scrambling.

Self-custody changes everything.

With Larecoin's self-custody model, funds flow directly to your wallet. Gas-only transfers mean crypto moves straight to you: no middleman skimming, no custody risk, no waiting.

Your keys. Your crypto. Period.

Mistake #2: Overpaying on Transaction Fees

Let's talk numbers.

Traditional credit card interchange fees: 2.5% to 3.5%.

Custodial crypto processors like NOWPayments: 0.5% to 1% per transaction. Sounds better, right?

Wrong lens.

Self-custody with gas-only transfers: Near zero.

Larecoin's architecture eliminates processor markup entirely. You pay network gas fees: that's it. For most transactions on efficient chains like Solana, we're talking fractions of a cent.

The result? Fee savings exceeding 50% compared to traditional payment rails. For high-volume merchants, that's thousands recovered monthly.

Stack those savings. They compound fast.

Mistake #3: Ignoring Compliance Until It's Too Late

Here's where things get scary.

Many crypto payment processors operate in regulatory gray zones. No proper licensing. No clear compliance framework. One enforcement action and your payment infrastructure vanishes.

Triple-A focuses heavily on enterprise clients but limited U.S. coverage. NOWPayments operates globally but with fragmented compliance.

Larecoin takes a different approach.

Federal MSB registration. State-level MTL compliance across the United States. Real regulatory infrastructure for real business protection.

MTL compliance isn't just paperwork. It's your shield against operational disruption and legal exposure.

When regulators come knocking: and they will: you need a payment partner that answers the door confidently.

Mistake #4: Missing the NFT Receipt Revolution

Traditional receipts are paper or pixels. Forgettable. Losable. Unverifiable.

NFT receipts change the game completely.

Every transaction minted as an immutable on-chain record. Permanent proof of purchase. Automatic accounting integration. Audit-ready documentation without the filing cabinets.

Most processors don't offer this. CoinPayments? No NFT receipts. NOWPayments? Same story.

Larecoin builds NFT receipts directly into the payment flow.

Benefits stack up fast:

• Instant verification for returns and warranties

• Simplified tax documentation

• Customer engagement through collectible receipts

• Reduced dispute resolution friction

Your accountant will thank you. Your customers will remember you.

Mistake #5: Fighting Volatility Without the Right Tools

Crypto volatility terrifies merchants. Understandably.

Accept Bitcoin today. Watch it drop 10% tomorrow. Your margins evaporate.

Custodial processors offer fiat conversion: but at a cost. Conversion fees. Spread markups. Settlement delays.

LUSD changes the equation.

Larecoin's stablecoin solution lets merchants accept payments and settle in a dollar-pegged asset instantly. No conversion fees eating your profits. No exposure to price swings between sale and settlement.

Gas-only transfers mean LUSD moves directly to your self-custody wallet. Full control. Full stability. Full margin protection.

Volatility becomes someone else's problem.

Mistake #6: Running Outdated Point-of-Sale Systems

Physical retail needs physical solutions.

Most crypto processors focus online. In-store? An afterthought. Clunky integrations. Expensive hardware. Poor customer experience.

Larecoin's QR-generated crypto POS changes everything.

Generate dynamic QR codes instantly. Any smartphone becomes a payment terminal. No specialized hardware required.

Master/sub-wallet architecture lets enterprises deploy across locations seamlessly. Headquarters maintains oversight. Individual stores operate independently. Real-time settlement to designated wallets.

Setup takes minutes. Training takes seconds. Show QR. Customer scans. Done.

The friction disappears. The sales accelerate.

Mistake #7: Ignoring Where Commerce Is Heading

Here's the forward view.

Commerce is going spatial. VR showrooms. AR product visualization. Metaverse storefronts.

Merchants building for today only will scramble tomorrow.

Larecoin is building the rails for metaverse shopping now.

The B2B2C metaverse vision: Social shopping experiences where customers browse virtual stores, try products in AR, and pay seamlessly with crypto. No clunky payment redirects. No broken immersion.

This isn't science fiction. This is 2026. The infrastructure builds today for the commerce of tomorrow.

Early movers capture the market. Late adopters chase it.

The Self-Custody Difference: A Quick Comparison

The gap is clear. The choice is obvious.

Making the Switch

Transitioning from custodial to self-custody sounds daunting. It's not.

Three steps:

1. Set up your self-custody wallet : Your keys, your control

2. Integrate Larecoin's payment gateway : API or QR-based, your choice

3. Start accepting crypto : Direct to your wallet, LUSD or native tokens

No extended onboarding. No hardware purchases. No custody agreements signing away your funds.

The merchants already on board are seeing the results. Lower fees. Faster settlement. Complete control.

The Bottom Line

Every mistake on this list traces back to one root cause: trusting someone else with your money.

Custodial processors created those problems. Self-custody solves them.

Fee savings. NFT receipts. LUSD stability. Gas-only transfers. MTL compliance. Metaverse readiness. QR-generated crypto POS.

All built on one foundation: Your wallet. Your control. Your future.

The merchants who figure this out first win. The rest keep paying the price.

Ready to stop making these mistakes?

Explore Larecoin's self-custody payment solutions and see the difference for yourself.