Stop Wasting Money on High Interchange Fees: 5 Steps How to Switch to a Receivables Token Payment System (Easy Guide for Small Business)

You're Bleeding Money Every Single Day

2.9% plus 30 cents per transaction.

That's what traditional payment processors are taking from your business.

Every. Single. Transaction.

For a small business processing $50,000 monthly, that's $1,450 straight out of your pocket. Annually? $17,400 gone.

The card networks call them "interchange fees." We call them highway robbery.

Here's the thing: You don't need Visa or Mastercard anymore. Web3 payments are here. Receivables token systems cut those fees by 50% or more.

And switching takes less time than filing your quarterly taxes.

Why Traditional Payment Systems Are Designed to Drain You

Credit card companies built their empire on merchant fees.

The process is intentionally complex:

• Your customer's bank (issuing bank)

• The card network (Visa/Mastercard)

• Your payment processor

• Your merchant account provider

Four middlemen. Each taking a cut.

Interchange fees go to issuing banks. Assessment fees go to card networks. Processing fees go to your payment processor.

The more intermediaries, the higher your costs.

Web3 eliminates this entire chain.

What Makes Receivables Token Systems Different

Traditional crypto payment processors like NOWPayments and CoinPayments still operate on outdated models.

They take 0.5% to 1% fees. Better than credit cards, sure. But still unnecessary extraction.

Larecoin's receivables token system works differently:

Your business receives payment as tokenized receivables. Not traditional crypto. Not through multiple conversion layers.

The customer pays in LUSD stablecoin. You receive a receivables token. Gas fees only. No percentage-based fees.

That $50,000 monthly volume? Your cost drops from $1,450 to under $50.

That's 97% cost reduction.

The 5-Step Switch Process (Easier Than You Think)

Step 1: Set Up Your Self-Custody Wallet

Forget custodial solutions. You're not handing control to another middleman.

Download a Solana-compatible wallet. Phantom works great. Solflare works too.

Your wallet. Your keys. Your funds.

Takes 5 minutes. No identity verification. No waiting periods. No permission needed.

This is your merchant account now. Except you actually own it.

Step 2: Integrate Larecoin Payment Gateway

Visit larecoin.com and access the merchant portal.

Copy your API key. Paste it into your website's payment settings.

Supported platforms:

• WooCommerce

• Shopify

• Custom checkouts

• Point-of-sale systems

The integration is plug-and-play. No developer needed for basic setup. Advanced features available if you want customization.

Your checkout now accepts LUSD stablecoin payments. Customers pay. You receive receivables tokens instantly.

Step 3: Configure Your LUSD Stablecoin Preferences

LUSD is algorithmically stable. No centralized reserve risks. No frozen accounts. No "asset backing" that mysteriously disappears.

Set your conversion preferences:

• Auto-convert to fiat (if you must)

• Hold as LUSD (recommended)

• Convert to LARE tokens (earn ecosystem rewards)

Most merchants keep 30% in LUSD for operating expenses. Convert the rest based on your cash flow needs.

The flexibility is yours. Traditional processors force instant conversion. You decide your timeline.

Step 4: Enable NFT Receipt Generation

This is where things get interesting.

Every transaction generates an NFT receipt. Automatic. No extra cost.

Why this matters:

Traditional receipts are pieces of paper. Or lost emails. NFT receipts are permanent blockchain records.

Your customer owns proof of purchase forever. No "lost receipt" disputes. No refund hassles. Complete transaction transparency.

For you? Built-in customer loyalty program. Each NFT receipt can include rewards, discount codes, or exclusive offers. Your customers collect them. They come back.

NFT receipts also solve accounting headaches. Every transaction timestamped on-chain. Auditable. Immutable. Tax season just got easier.

Step 5: Test and Launch Your New Payment System

Run test transactions before going live.

Send yourself a payment. Verify it arrives in your wallet. Check the NFT receipt generation. Confirm gas fees are minimal.

Once verified, update your payment options:

• Add "Pay with Crypto" buttons

• Update your checkout page

• Inform your customers

Pro tip: Keep your old payment processor active for the first 30 days. Give customers transition time. Monitor adoption rates.

Most businesses see 15-30% crypto adoption within the first quarter. Those transactions cost you almost nothing in fees.

Why Larecoin Destroys the Competition

vs NOWPayments

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

They hold your funds in custody. You request withdrawals. They approve (or don't).

Larecoin: Gas-only fees. Self-custody. Instant access to your money.

vs CoinPayments

CoinPayments takes 0.5% transaction fees. Supports 2,000+ coins (totally unnecessary complexity). Custodial model. KYC required for full features.

Their settlement times? 1-3 business days for fiat conversion.

Larecoin: One stablecoin. One token. Self-custody. Zero settlement delays.

The difference is architectural. Other processors are Web2 companies accepting crypto. Larecoin is a Web3-native payment protocol.

The Self-Custody Advantage Nobody Talks About

Banks freeze accounts. Payment processors hold funds. Credit card companies reverse charges.

Self-custody means nobody can touch your money except you.

Your receivables tokens sit in your wallet. Your private keys control access. No third-party risk. No account freezes. No "suspicious activity" holds.

Traditional merchant accounts? Subject to reserves, rolling reserves, and termination without notice.

Your Larecoin wallet? Yours forever. Operating in 30 countries or 130 countries. Doesn't matter. No permissions required.

Real Numbers: What This Actually Saves You

Let's run the math for different business sizes:

Small Business ($50k monthly):

• Traditional fees: $1,450/month

• Larecoin fees: ~$40/month

• Annual savings: $16,920

Medium Business ($200k monthly):

• Traditional fees: $5,800/month

• Larecoin fees: ~$120/month

• Annual savings: $68,160

Growing Business ($500k monthly):

• Traditional fees: $14,500/month

• Larecoin fees: ~$250/month

• Annual savings: $171,000

These aren't projections. This is simple arithmetic based on current fee structures.

What About Chargebacks?

Traditional payment systems allow chargebacks. Customers dispute. You lose money plus fees.

Crypto payments are final. No chargebacks. No disputes months later.

"But what about fraud?" Fair question.

NFT receipt system creates permanent proof of purchase. Both parties have blockchain evidence. Reduces legitimate disputes to near zero.

For customer protection, smart contract escrow available. Builds trust without chargeback vulnerability.

The Migration Timeline

Week 1: Set up wallet and test integration Week 2: Run parallel payment systems Week 3: Promote crypto payment option Week 4: Monitor and optimize

Most businesses achieve 20% crypto transaction volume by month three. Those transactions save 95%+ in fees.

Even if only 20% of customers use crypto, you're still saving thousands annually.

Stop Waiting for Permission

Traditional payment processors require:

• Business verification

• Bank statements

• Tax documents

• Processing history

• Approval waiting period

Larecoin requires:

• A wallet address

That's it. No applications. No approval process. No waiting.

You're reading this on a Monday night. You could be accepting crypto payments by Tuesday afternoon.

Your Next Move

The interchange fee scam has run for decades. Card networks built empires on your transaction fees.

Web3 breaks that model completely.

Set up your wallet. Integrate the payment gateway. Start keeping your money.

The technology exists. The infrastructure is live. The savings are real.

Every day you wait costs you money. Learn more about reducing merchant fees.

Your competitors are already switching. Don't be the last business still paying 3% per transaction in 2027.

The future of payments isn't coming. It's here.