7 Mistakes You're Making with Merchant Payment Processing (and How Self-Custody Fixes Them)

Let's be real.

Traditional payment processing is bleeding your business dry. Every swipe. Every tap. Every transaction.

You're losing money you don't even know about.

Interchange fees. Hidden charges. Third-party custody risks. The list goes on.

But here's the thing, most merchants keep making the same mistakes. Over and over. They accept it as "the cost of doing business."

It doesn't have to be this way.

Self-custody in Web3 payments changes everything. And if you're not paying attention, your competitors will be.

Let's break down the seven biggest mistakes you're probably making right now, and how self-custody fixes each one.

Mistake #1: Accepting 2-3% Interchange Fees as "Normal"

This one hurts the most.

Every credit card transaction costs you somewhere between 1.5% and 3.5%. Sometimes more for premium cards. That's money walking straight out of your revenue.

Do the math. $100,000 in monthly sales? You're losing $2,000-$3,500 every single month. Just in fees.

Traditional processors like Stripe and Square take their cut no matter what. It's baked into the system.

The self-custody fix: Crypto payments with Larecoin slash those fees by 50% or more. Direct wallet-to-wallet transfers. No middlemen skimming off the top. Gas-only transfers mean you keep what you earn.

Your margins just got a whole lot healthier.

Mistake #2: Trusting Third Parties with Your Funds

Here's a scary thought.

When you use most payment processors, including crypto options like NOWPayments or CoinPayments, your funds sit in their wallets before reaching yours.

Not your keys. Not your crypto.

We've seen what happens when centralized platforms fail. Frozen accounts. Delayed settlements. Worse.

The self-custody fix: With true self-custody, funds go directly to YOUR wallet. Immediately. No waiting periods. No third-party risk. No permission needed to access your own money.

Financial sovereignty isn't a buzzword. It's protection.

Larecoin's infrastructure ensures merchants maintain complete control over every transaction. Your business. Your rules. Your funds.

Mistake #3: Ignoring Hidden Fees in Your Processor Contract

Read the fine print lately?

Most merchants don't. And processors count on that.

Statement fees. PCI compliance fees. Batch processing fees. Monthly minimums. Early termination penalties.

It adds up fast. Some businesses pay hundreds, sometimes thousands, in hidden costs annually without realizing it.

The self-custody fix: Blockchain transactions are transparent by design. No hidden fees buried in 40-page contracts. What you see is what you pay.

Larecoin operates on a simple, predictable model. Gas fees for transfers. That's it. No surprises when reconciling your books at month-end.

Mistake #4: Using Paper or PDF Receipts in 2026

Seriously?

Paper receipts fade. Digital PDFs get lost in email folders. Neither offers any real utility beyond basic record-keeping.

Your receipts could be doing so much more.

The self-custody fix: NFT receipts.

Yes, NFT receipts are a thing. And they're game-changing for merchants.

Each transaction generates a verifiable, immutable receipt on-chain. Can't be forged. Can't be lost. Lives forever on the blockchain.

But here's where it gets interesting: NFT receipts unlock:

• Loyalty programs tied directly to purchase history

• Warranty verification without needing to dig through emails

• Returns and exchanges streamlined with proof-of-purchase on-chain

• Customer engagement through collectible transaction records

Larecoin's NFT receipt system turns every sale into a data asset. Smart merchants are already leveraging this.

Mistake #5: Not Offering Crypto Payment Options

The crypto-native consumer is here.

They hold assets in wallets. They prefer paying directly. They actively seek out merchants who accept crypto.

If you're not offering crypto payments, you're turning away customers. Full stop.

NOWPayments and CoinPayments entered this space early. But they come with tradeoffs. Custodial models. Limited stablecoin options. Higher fees than necessary.

The self-custody fix: Give customers what they want without sacrificing control.

Larecoin's merchant portal integrates seamlessly with your existing systems. Accept crypto. Settle instantly. Keep custody of every coin.

The Web3 payments market is exploding. Position your business now or play catch-up later.

Mistake #6: Accepting Volatile Crypto Without Stablecoin Options

Bitcoin volatility scares merchants. Understandably so.

You sell a product for $100 in BTC. By the time you convert, it's worth $85. Or $115. Who knows?

That uncertainty kills adoption. Many businesses tried crypto payments and gave up because of this exact problem.

The self-custody fix: Stablecoins.

Specifically, LUSD: Larecoin's stablecoin solution.

Pegged value. Instant settlement. Zero volatility headaches.

Your customer pays in crypto. You receive a stable, predictable value. Best of both worlds.

Unlike competitors relying on third-party stablecoins with their own risks and fees, LUSD is designed specifically for the Larecoin ecosystem. Optimized for merchant transactions. Built for real-world commerce.

Accept the future of payments without the anxiety.

Mistake #7: Giving Up Control to Centralized Payment Processors

This is the big one.

Every centralized processor is a single point of failure. They can:

• Freeze your account

• Hold your funds

• Change terms overnight

• Increase fees without warning

• Shut you down entirely

It happens more than you'd think. Especially in "high-risk" categories. Sometimes for no clear reason at all.

Your entire business depends on staying in their good graces.

The self-custody fix: Decentralization removes that dependency.

With Larecoin, there's no central authority controlling your payment flow. Smart contracts execute transactions. Your wallet receives funds directly. No intermediary can intervene.

That's financial sovereignty.

That's what self-custody actually means in practice.

Why Self-Custody Matters More Than Ever

The payment processing industry hasn't fundamentally changed in decades.

Same model. Same fees. Same control structures.

Web3 payments: done right: flip that model entirely.

• Merchants keep more revenue (50%+ fee reduction)

• Funds stay under merchant control (true self-custody)

• Transactions are transparent (blockchain verification)

• Receipts become assets (NFT utility)

• Volatility disappears (LUSD stablecoin)

• No central authority (decentralized infrastructure)

Competitors like NOWPayments and CoinPayments opened the door to crypto payments. But they didn't solve the fundamental problem.

They're still middlemen. Still custodians. Still taking a cut.

Larecoin eliminates that entire layer.

Ready to Fix These Mistakes?

Every day you wait, you're losing money. Losing control. Losing customers.

Self-custody isn't complicated. It's not futuristic. It's available right now.

Set up your merchant account with Larecoin and start accepting Web3 payments on your terms.

Slash fees. Own your funds. Future-proof your business.

The merchants who move first win. Always.

Join the revolution at Larecoin.com.