NOWPayments Alternative: 7 Reasons Merchants Are Switching to Self-Custody Merchant Accounts

The merchant payment game is changing fast.

NOWPayments has dominated the crypto payment space for years. But merchants are waking up to a hard truth: custodial platforms drain profits and control.

Self-custody merchant accounts are the antidote.

Larecoin leads this revolution with Web3-native infrastructure. Direct wallet routing. NFT receipts. LUSD stablecoin settlements. Zero middlemen.

Here's why merchants are making the switch: and why you should too.

1. Your Wallet, Your Money: Instantly

NOWPayments holds your funds. They batch payments. They decide when you get paid.

Self-custody flips this model completely.

With Larecoin, customer payments land directly in your wallet. No holding periods. No intermediaries. No waiting for NOWPayments to approve your payout schedule.

The second a customer pays, you own those funds. Complete control from transaction one.

This matters during volatility. When crypto prices swing 10% in an hour, custody delays cost real money. Self-custody eliminates that risk entirely.

Your keys. Your crypto. Your timeline.

2. Slash Fees by 50%+ Compared to NOWPayments

NOWPayments charges 0.5% on every transaction. Plus withdrawal fees. Plus conversion fees if you want fiat.

The math adds up fast.

Self-custody merchant accounts cut these costs in half: or more. Larecoin operates on a gas-only model. You pay network fees. That's it.

No platform taking a percentage of every sale. No hidden charges when you move funds. No tiered pricing that punishes growth.

For a merchant processing $50,000 monthly, NOWPayments costs $250+ in platform fees alone. Larecoin? Just the blockchain gas: typically under $100.

That's $1,800+ saved annually. Per $50K in volume.

Scale that to six or seven figures and you're looking at serious capital staying in your business instead of feeding a custodial platform.

Check out our full breakdown on reducing merchant interchange fees.

3. NFT Receipts Turn Transactions Into Assets

This is where Larecoin separates from every competitor.

Every transaction generates an NFT receipt. Not just a record: an actual on-chain asset.

These NFT receipts solve massive accounting headaches. Every sale is permanently recorded on the blockchain. Immutable. Timestamped. Verifiable by any auditor in seconds.

Tax season? Export your NFT receipts. Done.

Dispute with a customer? Show the on-chain proof. Settled.

But it gets better. These receipts become receivables tokens. Tradeable assets representing money owed.

Need liquidity before a customer pays Net 30? Sell the receivables token. Instant cash flow without traditional factoring fees.

NOWPayments gives you a CSV file. Larecoin gives you programmable financial instruments.

4. LUSD Stablecoin: Stability Without Fiat Dependence

Crypto volatility scares merchants. Understandably.

You can't run a business where revenue swings 15% overnight.

NOWPayments forces you back into fiat to stabilize. That means conversion fees, bank delays, and losing crypto exposure entirely.

Larecoin integrates LUSD: a decentralized stablecoin pegged to USD but living entirely on-chain.

Accept payments in any crypto. Auto-convert to LUSD. Maintain stable value without touching traditional banking.

No conversion to fiat. No bank approval. No compliance nightmares with crypto-hostile financial institutions.

Plus, LUSD is overcollateralized and algorithmic. No central authority can freeze your funds. No company can collapse and take your stablecoin with it.

True financial sovereignty with dollar stability.

5. 30-Minute Setup vs. Days of KYC Hell

NOWPayments onboarding is brutal.

Submit business documents. Wait for KYC verification. Provide bank statements. Answer compliance questions. Wait for approval. Hope you meet minimum volume requirements.

Timeline? Days. Sometimes weeks.

Self-custody merchant accounts with Larecoin take 30 minutes. Total.

Connect your wallet. Configure payment parameters. Go live.

No approval process. No gatekeeping. No platform deciding if your business is "worthy" of accepting crypto.

This matters for small businesses and startups. You can't wait two weeks to start taking payments. Every delay is lost revenue.

Larecoin respects your time. Set up your merchant account during lunch. Take your first crypto payment by dinner.

6. Full Operational Transparency and Control

NOWPayments is a black box. You send them customers. They send you payouts. What happens in between? Mystery.

Self-custody gives you complete visibility.

Every transaction lives on a public blockchain. You see addresses. You verify confirmations. You track payment flows in real-time.

Need to debug a payment issue? Check the blockchain explorer. Every step is documented.

Want to verify a customer paid? Share the transaction hash. Universal proof.

This transparency isn't just about tracking. It's about trust. Your customers can verify payments too. No disputes about whether funds were sent.

For businesses with technical teams, this control is invaluable. Build custom integrations. Create automated workflows. Program smart contracts that trigger on payment confirmations.

NOWPayments limits you to their API and their rules. Larecoin gives you the entire blockchain as your playground.

7. Enterprise Features From Day One

NOWPayments locks features behind tiers. Want multi-signature wallets? Pay more. Need DAO treasury integration? Contact sales.

Self-custody platforms don't gatekeep. Everything is available immediately.

Larecoin includes:

• Multi-sig wallets for team management

• DAO treasury integration for decentralized businesses

• Complex approval workflows without platform restrictions

• Custom smart contract integration

• Cross-chain payment routing

No upgrade fees. No negotiating with account managers. No "enterprise tier" pricing.

Your business grows? Your payment infrastructure scales automatically. No friction. No fees. No limits.

This approach future-proofs your operation. Start as a small business taking $1K monthly. Scale to a global operation processing millions. Same platform. Same features. Same control.

The Self-Custody Advantage Is Clear

Merchants aren't switching from NOWPayments on a whim. They're calculating real costs.

Custody fees compound. Control limitations restrict growth. Black-box operations create risk.

Self-custody merchant accounts solve all three.

Larecoin takes this further with NFT receipts, LUSD stability, and receivables tokens. Features that transform payments from simple transactions into programmable financial tools.

The Web3 payment revolution is here. Custodial platforms are the old way. Self-custody is the future.

Learn more about how Web3 global payments solve real-world problems.

Make the Switch Today

Setting up your self-custody merchant account takes 30 minutes.

Connect your wallet at larecoin.com. Configure your payment settings. Start accepting crypto payments with full control.

No approval required. No waiting period. No gatekeepers.

Your business. Your wallet. Your financial sovereignty.

The merchants who switch early capture the advantage. Lower fees. Better features. Complete control.

The choice is yours. Keep feeding custodial platforms. Or take control of your payment infrastructure.

Self-custody is waiting.