Are You Still Paying Banks to Process Payments? How Self-Custody Merchant Accounts Give You Full Financial Freedom

Let's get real for a second.

Every time a customer swipes their card at your business, you're handing over a chunk of that sale to banks and payment processors. Not just a little, a lot.

2.9% plus $0.30 per transaction. Monthly gateway fees. Chargeback penalties. Cross-border markups. PCI compliance costs.

And what do you get in return? A 2-5 day wait for your own money to hit your account. The constant threat of frozen funds. Zero transparency. Zero control.

The Hidden Tax on Every Transaction

Here's what most merchants don't calculate:

For a business processing $100,000 monthly:

• Credit card fees: $2,900+ (2.9% minimum)

• Transaction fees: $3,000+ ($0.30 × 10,000 transactions)

• Monthly gateway fees: $240-360 annually

• Chargeback fees: $1,500-10,000 annually

• Cross-border markups: $1,000-4,000 annually

Total annual cost: $35,000-$50,000.

That's half a salary. A new hire. Marketing budget. Growth capital. Gone.

And you're still waiting days for settlement while processors hold your cash like it's theirs.

What Self-Custody Merchant Accounts Actually Do

Self-custody flips the entire model.

Instead of routing payments through banks, processors, and intermediaries who all take their cut, payments go directly to your wallet on the blockchain.

You hold the private keys. You control the funds. Nobody else.

When a customer pays with crypto:

• Payment hits your wallet in seconds

• Settlement is instant, no 2-5 day holds

• Transaction costs: blockchain gas fees (typically under $1)

• No monthly fees. No chargeback risk. No cross-border premiums.

How Larecoin Delivers True Financial Sovereignty

Larecoin isn't just another crypto payment gateway like NOWPayments or CoinPayments. Those platforms still act as intermediaries, holding funds and charging percentage-based fees.

Larecoin's self-custody merchant accounts give you complete control:

Direct Wallet Deposits Payments flow straight to your wallet. No custodial holdings. No third-party risk.

NFT Receipts for Accounting Every transaction generates an NFT receipt automatically. Immutable proof of payment. Perfect for accounting, audits, and tax compliance without paper trails.

LUSD Stablecoin Integration Accept payments in LUSD, a decentralized stablecoin backed by Ethereum. No volatility. No conversion fees. Full crypto benefits without price swings.

Receivables Token System Convert future receivables into tradable tokens. Unlock liquidity instantly without waiting for customer payments. Finance your business on your terms.

Larecoin vs. The Competition

Let's compare apples to apples.

NOWPayments Alternative Advantage NOWPayments charges 0.5-1% per transaction and holds your crypto in their custody. Larecoin eliminates those fees entirely and gives you direct wallet control from day one.

CoinPayments Alternative Advantage CoinPayments takes 0.5% plus settlement fees and requires KYC verification. Larecoin offers self-custody with zero percentage-based fees, just blockchain gas costs.

Triple-A Comparison Triple-A focuses on fiat conversion with 1% processing fees. Larecoin keeps everything on-chain, lets you decide when to convert, and avoids conversion markups entirely.

The Larecoin Difference:

• Zero percentage-based fees

• True self-custody from the start

• NFT receipts built-in

• LUSD stablecoin native support

• Receivables tokenization

• No monthly minimums or gateway fees

Why This Matters for Small Businesses

Big companies can negotiate better rates. They have leverage.

Small businesses? You're stuck with standard pricing. Higher percentages. More restrictions.

A crypto POS system for small business built on Larecoin changes that equation completely.

Before: Traditional Processing

• 2.9% + $0.30 per sale

• 2-5 day settlement delays

• Monthly minimums and gateway fees

• Chargeback risk eating into margins

• Geographic restrictions on who can pay you

After: Larecoin Self-Custody

• Gas-only transaction costs (under $1 typically)

• Instant settlement, funds available immediately

• No monthly fees whatsoever

• Zero chargeback risk once confirmed on-chain

• Accept payments from anywhere globally without permission

The Three Pillars of Financial Freedom

1. Fee Reduction Slash merchant interchange fees by 50-80%. Keep more of what you earn. Redirect savings into growth, not banking overhead.

2. Instant Access Your money. Your wallet. Available now. Not in 2-5 business days after processors decide to release it.

3. Global Reach Without Permission Accept Web3 global payments from customers anywhere. No geographic blocks. No currency conversion nightmares. No asking banks for approval.

Security: You're in Charge Now

Complete control means complete responsibility.

With self-custody merchant accounts, you secure your own keys. Lose them, and you lose access permanently.

Best Practices:

• Use hardware wallets for cold storage

• Implement multi-signature setups for large balances

• Create secure backup systems with redundancy

• Never store keys digitally or in plaintext

• Consider hot wallet/cold wallet splits for daily operations

This isn't a flaw, it's a feature. Nobody can freeze your account. Nobody can seize your funds. Nobody can arbitrarily change the rules.

But you need to treat security like the mission-critical operation it is.

The Bank-Free Business Model

Think about what traditional banking actually does for your business:

• Holds your money (and charges you for it)

• Controls when you can access it

• Decides who you can transact with

• Takes a percentage of every sale

• Monitors and reports your activity

• Can freeze or close your account without warning

Now imagine operating without any of that.

Self-custody means:

• Your wallet holds your funds

• You access them instantly 24/7/365

• You transact with anyone, anywhere

• You pay only network gas fees

• Your transactions are pseudonymous on-chain

• Nobody can lock you out

Making the Switch

Transitioning to Larecoin's self-custody merchant account is straightforward:

1. Set up your Larecoin wallet: takes 5 minutes

2. Integrate the crypto POS system: works with existing hardware

3. Start accepting payments: customers pay, funds hit your wallet instantly

4. Track everything with NFT receipts: automatic accounting trail

5. Use LUSD for stability: accept stablecoin payments without volatility risk

No complicated onboarding. No credit checks. No waiting for bank approvals.

Your Money. Your Rules. Finally.

Traditional payment processing is a tax on growth.

Every percentage point they take is profit you never see. Every delay in settlement is cash flow you can't use. Every arbitrary rule they enforce is freedom you surrender.

Self-custody merchant accounts flip the power dynamic back where it belongs: in your hands.

Larecoin makes this transition seamless. Lower fees. Instant settlement. Global reach. Complete control.

The question isn't whether Web3 payments are the future.

The question is: How much longer are you willing to pay banks for the privilege of accessing your own money?

Ready to reduce merchant interchange fees and take back control?Explore Larecoin's self-custody solutions here.