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How Larecoin's 1.5% Tax Fights Global Hunger While Slashing Your Merchant Fees by 50%


Your Payment Processor is Bleeding You Dry. Let's Fix That.

Traditional payment processors take 2.9% + $0.30 per transaction. Credit cards? Even worse. CoinPayments charges 0.5% plus network fees. NOWPayments hits you with 0.4%-1.0% plus blockchain costs that stack up fast.

Larecoin? Flat 1.5% total.

And here's the kicker, half your fee goes straight to fighting global hunger through verified charities. You're not just saving money. You're actually doing something that matters.

The Social Impact Engine: Built Into Every Transaction

Larecoin Crypto Payments Ecosystem

Every single Larecoin transaction automatically allocates 1.5% to verified charitable organizations. Not as an add-on. Not as an option. Built directly into the protocol.

Here's what makes this different:

  • Tax deductible: You get documentation for every contribution

  • No overhead: Deducted from transaction fees, not your revenue

  • Full transparency: Track exactly where funds go via LareScan

  • NFT receipts: Immutable proof for accounting and compliance

Traditional processors take your money and give you nothing but headaches. Larecoin takes a smaller cut and feeds people. Simple math.

The Real Cost Breakdown: Larecoin vs. Legacy

Let's run actual numbers. Your online store processes $100,000 in annual crypto payments.

NOWPayments:

  • Base fee: 0.4-1.0% ($400-$1,000)

  • Network fees: $200-$500 (passed to you)

  • Withdrawal fees: $50-$150

  • Currency conversion: 0.5% ($500)

  • Total: $1,150-$2,150

CoinPayments:

  • Base fee: 0.5% ($500)

  • Network fees: $300-$600 (you eat this)

  • Withdrawal fees: Variable ($100-$200)

  • API integration: $50-$100/month ($600-$1,200)

  • Total: $1,500-$2,500

Larecoin:

  • All-in fee: 1.5% ($1,500)

  • Network fees: $0 (LareBlocks Layer 1 handles it)

  • Withdrawal fees: $0

  • Currency conversion: $0

  • API integration: $0

  • Total: $1,500

You save $750-$1,000 minimum. And 0.75% of your payment volume fights global hunger.

Comparison of traditional merchant drowning in fees versus merchant thriving with Larecoin blockchain payments

LareBlocks: Why Our Fees Are Actually Lower

Other crypto payment processors? They're middlemen sitting on top of Ethereum, Bitcoin, or other Layer 1s. Every transaction pays gas fees. Those fees get passed to you.

Larecoin runs on LareBlocks, our own Layer 1 blockchain.

What this means:

  • Near-zero transaction costs

  • No gas fee surprises

  • Instant settlement (3-5 seconds)

  • Zero withdrawal fees to your bank

  • Free LARE to LUSD conversion

NOWPayments and CoinPayments can't offer this. They're stuck playing by Ethereum and Bitcoin's rules. We wrote our own.

LUSD: The Stablecoin That Actually Stays Stable

Accepting crypto but scared of volatility? LUSD stablecoin solves this.

Pegged 1:1 to USD. Backed by verified reserves. Audited quarterly.

Your customer pays in LARE. You receive LUSD. Price locked at transaction time. No slippage. No volatility risk.

Try doing that with NOWPayments. They'll charge you 0.5% for the privilege of converting to stablecoins. Larecoin? Free conversion included.

NFT Receipts: Your Accountant Will Thank You

Every transaction generates an NFT receipt on LareBlocks. Immutable. Timestamped. Searchable.

What you get:

  • Transaction ID

  • Amount (LARE and LUSD)

  • Timestamp

  • Charitable contribution breakdown

  • Tax documentation

  • Customer wallet address (optional for B2B)

Tax season becomes stupid simple. Pull your NFT receipts from LareScan. Export to CSV. Hand to your accountant. Done.

CoinPayments gives you a basic transaction history. NOWPayments offers an API dashboard. Neither provides blockchain-verified, immutable receipts that survive any audit.

Global blockchain network connecting crypto payments to families receiving food aid with NFT receipt transparency

The 50% Savings Guarantee: Math Doesn't Lie

Traditional payment processors (Stripe, Square, PayPal): 2.9% + $0.30

On $500,000 annual revenue:

  • Legacy payments: $14,500 + fees

  • NOWPayments: $2,500-$5,000 + network fees

  • CoinPayments: $3,500-$6,000 + network fees

  • Larecoin: $7,500 total (with $3,750 to charity)

You save $7,000-$7,000+ annually compared to legacy rails. And 50%+ compared to crypto competitors when you factor in hidden fees.

Real-World Use Case: E-Commerce Merchant

Sarah runs a $2M/year online fashion store. She accepts crypto through NOWPayments. Here's her pain:

  • 0.5% base fee: $10,000

  • Network fees: $2,500 (Bitcoin is expensive)

  • Withdrawal fees: $800

  • Conversion fees: $1,000

  • Total: $14,300

She switches to Larecoin:

  • 1.5% all-in: $30,000

  • Hidden fees: $0

  • Charitable impact: $15,000 documented for tax deduction

Net cost after tax deduction: $21,000 (assuming 30% tax rate on $15k)

She saves $8,300 annually while feeding hungry families. No brainer.

Fee comparison chart showing Larecoin's lower costs versus NOWPayments and CoinPayments with charitable split

How The Charitable Distribution Works

Your 1.5% fee splits like this:

  • 0.75% to verified charities (global hunger relief, disaster response, clean water)

  • 0.50% to Larecoin network validators (keeps LareBlocks running)

  • 0.25% to development fund (continuous improvement)

Charities are vetted quarterly. Verified via smart contracts. Funds flow automatically. Zero middlemen.

Track every dollar via LareScan. Full transparency. No black boxes.

Enterprise-Grade Master/Sub-Wallets

Running multiple stores? Multiple locations? Multiple brands?

Master/sub-wallet architecture gives you:

  • Centralized treasury management

  • Individual wallets per location

  • Custom spending limits per sub-wallet

  • Consolidated reporting across all wallets

  • Role-based access control

NOWPayments charges extra for multi-merchant setups. CoinPayments makes you create separate accounts. Larecoin? Included free.

The Comparison Chart Nobody Else Shows You

Feature

Larecoin

NOWPayments

CoinPayments

Base Fee

1.5%

0.4-1.0%

0.5%

Network Fees

Included

Pass-through

Pass-through

Withdrawal Fees

$0

Variable

Variable

Conversion Fees

$0

0.5%

0.5%

NFT Receipts

Yes

No

No

Charitable Impact

0.75% built-in

Optional

No

Own Layer 1

Yes (LareBlocks)

No

No

Master/Sub-Wallets

Free

Paid

Separate Accounts

Real-world cost on $100k volume: $1,500 vs $1,500-$2,500

Why This Model Works

Traditional charities have overhead. Admin costs. Fundraising expenses. Marketing budgets.

Larecoin's model? Zero overhead.

Smart contracts handle distribution. No employees. No office rent. No fundraising dinners.

100% of the charitable portion goes to verified nonprofits. Blockchain-verified. Auditable by anyone.

Getting Started Takes 10 Minutes

  1. Sign up at larecoin.com

  2. Complete KYB verification (business accounts)

  3. Install the payment plugin (WooCommerce, Shopify, custom API)

  4. Start accepting LARE and LUSD

  5. Watch fees drop 50%+

No contracts. No commitments. Cancel anytime.

The Bottom Line

You're paying too much for payments. Your customers want crypto options. And global hunger isn't solving itself.

Larecoin's 1.5% all-in fee gives you:

  • 50% savings vs crypto competitors

  • 80% savings vs legacy processors

  • Documented charitable impact for tax deductions

  • NFT receipts for accounting

  • Zero hidden fees

  • LUSD stablecoin protection

Stop feeding payment processors. Start feeding people.

Check out our ultimate guide to Web3 global payments for more ways to slash fees.

Switch to Larecoin. Save 50%. Feed the world.

 
 
 

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