NOWPayments Vs CoinPayments Vs Larecoin: Which Crypto POS System Is Best for Small Business?

Small businesses are bleeding money on payment processing.

Every swipe. Every tap. Every transaction. Traditional processors take their cut, somewhere between 2.5% and 3.5%. That's thousands gone. Annually.

Crypto POS systems change the game. But which one actually delivers for small business owners?

Let's break down the three contenders: NOWPayments, CoinPayments, and Larecoin.

The Problem With Traditional Payment Processing

Here's the math nobody wants to talk about.

A business processing $500K annually pays roughly $15,000-$17,500 in interchange fees. That's a part-time employee. That's inventory. That's marketing budget. Gone.

Crypto POS systems slash these costs dramatically. But not all platforms are created equal.

Some prioritize token variety. Others focus on simplicity. And then there's the emerging category focused on self-custody merchant accounts and true financial sovereignty.

NOWPayments: The Token Maximalist

Best for: Businesses needing maximum cryptocurrency variety.

NOWPayments supports 300+ cryptocurrencies. That's their calling card. Accept Bitcoin, Ethereum, Solana, and hundreds of altcoins your customers might hold.

The Good:

• Massive token support

• Established reputation

• Works with major e-commerce platforms

• API documentation is solid

The Not-So-Good:

• Custodial model (they hold your funds)

• Fees hover around 0.5-1%

• No NFT receipts for accounting

• No native stablecoin solution

For enterprises and marketplaces focused on auditability, NOWPayments delivers. But small businesses seeking to reduce merchant interchange fees by 50%+ might find limitations.

Annual cost on $500K revenue? Expect $3,750-$5,000.

CoinPayments: The Legacy Player

Best for: Businesses prioritizing simplicity and platform maturity.

CoinPayments has been around since 2013. That's crypto ancient history. They've processed billions in transactions.

The Good:

• Battle-tested infrastructure

• Simple setup process

• Supports major cryptocurrencies

• Multi-coin wallet included

The Not-So-Good:

• Also custodial

• Similar fee structure (0.5%+)

• Limited Web3 features

• No innovative accounting tools

CoinPayments works. It's reliable. But it's not pushing boundaries.

Small businesses get a functional crypto POS system for small business needs. Nothing more. Nothing revolutionary.

Annual cost on $500K revenue? Again, $3,750-$5,000.

Larecoin: The Web3 Contender

Best for: Businesses prioritizing fee reduction, self-custody, and modern accounting.

Here's where things get interesting.

Larecoin approaches crypto payments differently. Instead of taking percentage-based fees, they operate on a gas-only model. You pay network transaction costs. Period.

The Standout Features:

Self-Custody Smart Wallet Your funds. Your keys. Your control. No intermediary holding your revenue hostage. This is what self-custody merchant accounts actually look like.

NFT Receipts for Accounting Every transaction generates an immutable NFT receipt. Audits become simple. Tax season becomes manageable. NFT receipts for accounting aren't a gimmick, they're a game-changer for record-keeping.

LUSD Stablecoin Settlement Volatility concerns? Settle in LUSD. The LUSD stablecoin benefits include dollar-pegged stability without leaving the crypto ecosystem. No more conversion anxiety.

Receivables Token Turn your incoming payments into tradeable assets. This receivables token functionality creates liquidity options traditional processors can't match.

Annual cost on $500K revenue? Under $2,000.

That's not a typo.

The Fee Breakdown: Real Numbers

Let's get specific.

Platform	Fee Structure	Annual Cost ($500K Revenue)
NOWPayments	0.5-1%	$3,750-$5,000
CoinPayments	0.5%+	$3,750-$5,000
Larecoin	Gas-only	Under $2,000
Traditional Processors	2.5-3.5%	$12,500-$17,500

A business processing $10,000 monthly through traditional processors pays roughly $320 in fees. NOWPayments and CoinPayments drop that to $75-100. Larecoin claims significantly lower.

On $100K monthly revenue, switching from traditional to Larecoin could save $2,500-$3,500 annually. That compounds.

Feature-by-Feature Comparison

Feature	NOWPayments	CoinPayments	Larecoin
Processing Fees	0.5-1%	0.5-1%	~50% lower
Token Support	300+	Major coins	Focused selection
Self-Custody	Partial	Limited	Full (Smart Wallet)
NFT Receipts	No	No	Yes
Native Stablecoin	No	No	LUSD
Custody Model	Custodial	Custodial	Self-custody
Bank-Free Operations	Partial	Partial	Full

The pattern is clear. Traditional crypto payment processors compete on token variety. Larecoin competes on financial sovereignty and bank-free business operations.

When Each Platform Makes Sense

Choose NOWPayments if:

• You need to accept 300+ cryptocurrencies

• Your customers pay with obscure altcoins

• Custody isn't a primary concern

• You prefer established platforms

This is the NOWPayments alternative conversation starter. It works well for specific use cases.

Choose CoinPayments if:

• Platform maturity matters most

• You want maximum simplicity

• Major coin support is sufficient

• You prioritize legacy stability

As a CoinPayments alternative, it serves businesses with basic crypto acceptance needs.

Choose Larecoin if:

• Fee reduction is critical to your margins

• Self-custody aligns with your values

• NFT receipts would improve your accounting

• LUSD stablecoin settlement appeals to you

• You want Web3 global payments infrastructure

• Bank-free operations matter

The Self-Custody Question

This deserves its own section.

When you use custodial platforms, they hold your funds. They control withdrawal timing. They set the rules.

Self-custody flips this.

Your Smart Wallet. Your private keys. Your revenue goes directly to you. No permission needed. No withdrawal delays. No third-party risk.

For small businesses burned by payment processor holds or frozen accounts, this matters. A lot.

The Accounting Revolution

Traditional crypto payments create accounting headaches.

Multiple wallets. Various blockchains. Inconsistent records. Tax season nightmares.

NFT receipts for accounting solve this elegantly. Every transaction creates an on-chain, timestamped, immutable record. Your accountant will thank you. Your auditor will love you.

This isn't about collecting digital art. It's about compliance and clarity.

Making The Switch

Ready to reduce merchant interchange fees?

The transition isn't complicated:

1. Set up your preferred platform

2. Integrate with your existing POS or e-commerce

3. Start accepting crypto payments

4. Watch your processing costs drop

Larecoin's merchant portal simplifies onboarding. Most businesses are processing within days, not weeks.

The Verdict

NOWPayments wins on token variety. Three hundred options is impressive.

CoinPayments wins on legacy trust. A decade of processing matters.

Larecoin wins on economics and innovation. Lower fees. Self-custody. NFT receipts. LUSD settlement. Modern infrastructure for modern businesses.

For small businesses focused on slashing fees by 50%+ while maintaining complete control over their revenue? The math points one direction.

The crypto POS space is evolving. Token variety was the first wave. Platform stability was the second. Financial sovereignty and intelligent accounting tools define wave three.

Choose accordingly.

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Want to explore how Larecoin's crypto POS system could transform your small business payment processing? Join the Larecoin Community to connect with merchants already making the switch.