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

Small businesses are done with sky-high interchange fees. Traditional payment processors? They're bleeding you dry. Enter the crypto POS system revolution.

But here's the thing. Not all crypto payment solutions are created equal.

NOWPayments. CoinPayments. Larecoin. Three heavyweights in the Web3 payments arena. Each promises to transform how you accept payments.

Which one actually delivers for your small business? Let's break it down.

The Fee Problem Nobody Talks About

Traditional payment processing costs small businesses between 2.5% and 3.5% per transaction. That's thousands of dollars evaporating annually.

On $500,000 in annual sales? You're looking at $12,500 to $17,500 gone. Just in processing fees.

Crypto POS systems slash that dramatically. But the savings vary wildly depending on which platform you choose.

Here's what the numbers actually look like:

Platform	Processing Fee	Annual Cost on $500K Volume
Traditional Processors	2.5-3.5%	$12,500-$17,500
NOWPayments	0.5-1%	~$5,000
CoinPayments	0.5-1%	~$5,000
Larecoin	~50% lower than legacy	Under $2,000

The math speaks for itself.

NOWPayments: The Token Variety King

NOWPayments carved out its niche with massive cryptocurrency support. We're talking 150+ tokens.

The Good:

• Non-custodial architecture

• 0.5-1% processing fees

• No payout fees

• Extensive altcoin support

The Not-So-Good:

• Complex API integration

• Technical resources required

• Setup isn't plug-and-play

• Processing takes around 5 minutes

For businesses with crypto-native customers paying in various altcoins, NOWPayments delivers flexibility. Your customers want to pay in Dogecoin? Done. Solana? No problem.

But that flexibility comes with complexity. You'll need technical chops: or a developer on retainer: to get everything running smoothly.

Non-custodial means the platform doesn't hold your funds. Major security advantage. You maintain control.

CoinPayments: Simple but Custodial

CoinPayments went the opposite direction. Simplicity over everything.

The Good:

• Straightforward setup

• Flat 0.5% rate

• Plug-and-play integration

• Traditional retailer friendly

The Not-So-Good:

• Custodial model

• They hold your funds before processing

• Processing can take minutes to hours

• Limited Web3 features

Here's the trade-off: CoinPayments makes getting started dead simple. No technical headaches. No complicated integrations.

But custodial means they control your money. Even temporarily. For businesses prioritizing financial sovereignty, that's a non-starter.

You're essentially trusting a third party with your revenue. In the crypto world, that's old-school thinking.

Larecoin: The Web3-Native Contender

Different approach entirely. Larecoin built for the Web3 era from day one.

The Good:

• Self-custody via Smart Wallet

• Near-instant processing

• NFT receipts for accounting

• LUSD stablecoin built-in

• QR-based checkout (no hardware)

• Approximately 50% lower fees than legacy systems

The Not-So-Good:

• Newer to market

• Smaller current user base

• Optimized token selection vs. 150+ options

The self-custody model is the headline feature. Funds go directly to your wallet. Immediately. No intermediary holding your revenue.

NFT receipts? Game-changer for accounting. Immutable transaction records on-chain. Your accountant will thank you. Audits become infinitely simpler.

LUSD stablecoin integration protects against volatility. Accept crypto, hold stable value. Best of both worlds.

Custody Models: Why It Actually Matters

Let's talk financial sovereignty. Because this is where the rubber meets the road.

Custodial (CoinPayments):

• Platform holds funds

• You trust them to release your money

• Counterparty risk exists

• Convenient but less secure

Non-Custodial (NOWPayments):

• Platform never touches funds

• Direct wallet transfers

• Greater security

• More technical setup

Self-Custody (Larecoin):

• Funds hit your wallet instantly

• Complete control always

• No intermediary ever

• Bank-free business operations

For small businesses building long-term, self-custody isn't optional. It's essential.

The NFT Receipts Advantage

Neither NOWPayments nor CoinPayments offer this. Larecoin does.

Every transaction generates an NFT receipt. On-chain. Immutable. Permanent.

Why does this matter?

• Tax compliance: Verifiable records that can't be altered

• Dispute resolution: Cryptographic proof of payment

• Accounting automation: Integrate with modern bookkeeping tools

• Audit-ready: Everything timestamped and transparent

Traditional receipts? Paper. Emails. PDFs. All editable. All losable.

NFT receipts for accounting represent the future of business record-keeping. Period.

LUSD: Solving the Volatility Problem

Crypto's dirty secret: merchants hate volatility risk.

Accept $100 in Bitcoin today. Worth $85 tomorrow. That's not sustainable for small businesses.

Larecoin's answer? LUSD stablecoin benefits built directly into the ecosystem.

• Accept any supported crypto

• Convert to LUSD automatically

• Hold stable value

• No volatility stress

NOWPayments and CoinPayments offer third-party stablecoin support. It works. But it's not native. Not seamless.

LUSD integration means one ecosystem. One workflow. Zero friction.

Processing Speed Comparison

Time is money. Especially in retail.

Platform	Processing Speed
NOWPayments	~5 minutes
CoinPayments	Minutes to hours
Larecoin	Near-instant

Five minutes might seem fast. Until a customer is standing at your counter waiting.

Near-instant processing with Larecoin means crypto payments feel like card payments. Tap and done.

Hardware Requirements

NOWPayments: No hardware required. API-based.

CoinPayments: Optional hardware available. Not required.

Larecoin: QR-based checkout. No hardware needed.

All three platforms work without dedicated POS hardware. But Larecoin's QR approach simplifies everything further. Customer scans. Pays. Done.

No terminals to buy. No maintenance costs. No hardware depreciation eating into savings.

Making The Choice: Decision Framework

Choose NOWPayments if:

• You need 150+ cryptocurrency options

• Your customers pay in various altcoins

• You have technical resources for API integration

• Non-custodial security matters but instant isn't critical

Choose CoinPayments if:

• You're a traditional retailer wanting simplicity

• Custodial solutions don't concern you

• Plug-and-play trumps maximum control

• You don't need advanced Web3 features

Choose Larecoin if:

• Reducing merchant interchange fees is your priority

• Self-custody merchant accounts are non-negotiable

• NFT receipts for accounting appeal to you

• LUSD stablecoin benefits matter

• Near-instant processing is essential

• You want Web3 global payments without complexity

The Bottom Line

For small businesses serious about cutting fees and maintaining control? The choice becomes clear.

NOWPayments offers flexibility. CoinPayments delivers simplicity. But Larecoin combines the best of both worlds with genuine Web3 innovation.

Self-custody. NFT receipts. LUSD stability. Near-instant processing. Lower fees.

That's not marketing speak. That's measurable advantage.

Ready to slash your payment processing costs by 50% or more? Ready for bank-free business operations?

Explore Larecoin's crypto POS system and see the difference Web3-native payments make for your small business.

The future of merchant payments is here. Time to stop paying legacy rates for legacy technology.