Why Everyone Is Switching from CoinPayments to Web3 Global Payments (And Your Business Should Too)

The migration is happening. Fast.

Merchants across industries are abandoning traditional crypto payment processors. CoinPayments, once a go-to solution, now feels like dial-up internet in a fiber optic world.

Why? Three words: fees, control, speed.

If you're still using CoinPayments: or considering it: you need to understand what's driving this shift. And more importantly, what your business stands to gain by making the switch to true Web3 global payments.

The CoinPayments Problem Nobody Talks About

CoinPayments has been around since 2013. Thirteen years in crypto is ancient. And while longevity sounds impressive, it also means legacy architecture. Legacy thinking. Legacy fees.

Here's the reality:

• 0.5-1% transaction fees on every sale

• Custodial model where your money isn't really yours

• Minutes to hours for transaction processing

• Withdrawal requests just to access your own funds

Let's do quick math. You're processing $500,000 annually? That's roughly $5,000 gone. Just in processing fees. Every single year.

But fees are just the start.

The Real Cost: Custodial Control

Here's what keeps smart merchants up at night.

With CoinPayments, customer payments flow to CoinPayments first. Then: when they decide: those funds become available to you. Maybe.

This custodial model creates serious risks:

• Third-party bankruptcy exposure

• Account freezes without warning

• Withdrawal limits on YOUR revenue

• Zero control during platform outages

Sound familiar? It should. Traditional banks operate the same way. The whole point of crypto was escaping this system. Yet CoinPayments recreates it.

Financial sovereignty means nothing if someone else holds your keys.

Enter Web3 Global Payments: A Different Philosophy

True Web3 payment solutions flip the script entirely.

Self-custody merchant accounts put you back in control. Payments go directly to your wallet. No intermediaries. No permission requests. No waiting.

Larecoin represents this new generation of crypto payment infrastructure. Built for merchants who understand that control isn't optional: it's essential.

How Self-Custody Changes Everything

When a customer pays, funds hit your wallet instantly. Not CoinPayments' wallet. Not a holding account. Yours.

This means:

• Zero withdrawal delays

• No platform risk exposure

• Complete transaction visibility

• True ownership from moment one

For small businesses especially, this matters. A crypto POS system for small business shouldn't require trusting a third party with your livelihood.

Slashing Fees by 50%+ (Or More)

Gas-only fee models are disrupting traditional crypto payment processing.

Instead of percentage-based fees that scale with your success, you pay only network transaction costs. Period.

Process a $100 transaction? Gas fee. Process a $10,000 transaction? Same gas fee.

The math gets absurd at scale:

Annual Volume	CoinPayments Fees (0.75% avg)	Gas-Only Model
$100,000	$750	~$50
$500,000	$3,750	~$50
$1,000,000	$7,500	~$50

That's not 50% savings. That's 90%+ at higher volumes.

For merchants serious about reducing merchant interchange fees, the choice becomes obvious.

Speed Kills (Your Competition)

CoinPayments processes transactions in minutes. Sometimes hours.

Modern Web3 solutions built on high-performance blockchains like Solana? Sub-second finality.

Why does this matter?

Checkout abandonment. Every second of waiting increases drop-off. In e-commerce, speed equals conversion. Period.

Customer experience. Instant confirmation feels magical. Waiting feels broken.

Operational efficiency. Faster settlement means faster inventory decisions, faster restocking, faster growth.

NFT Receipts: The Feature You Didn't Know You Needed

Here's where Web3 payments get genuinely innovative.

Traditional receipts are paper or PDF. Forgeable. Losable. A nightmare during audits.

NFT receipts for accounting create immutable, on-chain transaction records. Every sale. Every detail. Permanent.

Benefits for merchants:

• Audit-proof documentation

• Automated tax reporting integration

• Customer dispute resolution

• Historical revenue verification

Benefits for customers:

• Proof of purchase that can't be faked

• Easy warranty claims

• Collectible transaction history

This isn't a gimmick. It's the future of business record-keeping.

LUSD Stablecoin: Volatility Solved

Crypto volatility scares merchants. Understandably.

Accept Bitcoin today, wake up tomorrow to 10% less purchasing power? Not exactly confidence-inspiring.

LUSD stablecoin benefits address this directly. Pegged stability. Instant conversion. No volatility exposure.

Merchants can:

• Accept any crypto, settle in LUSD

• Maintain stable treasury value

• Plan operations without price anxiety

• Convert to fiat when needed

The receivables token ecosystem takes this further: transforming future revenue into liquid assets. Cash flow flexibility without traditional financing.

Why CoinPayments Alternative Seekers Choose Web3

The NOWPayments alternative and CoinPayments alternative market is exploding. Merchants are actively searching for better solutions.

What they're finding:

Lower costs. Gas-only models crush percentage fees.

True ownership. Self-custody means actual control.

Faster transactions. Sub-second beats minutes, always.

Innovation. NFT receipts, receivables tokenization, integrated DEX access.

Global reach. Bank-free business operations across borders.

That last point deserves expansion.

Bank-Free Business: The Global Opportunity

Traditional payment processing requires bank accounts. Bank accounts require approvals. Approvals require location, credit history, documentation.

For global merchants? Nightmare fuel.

Web3 global payments eliminate these barriers. Your wallet is your account. No applications. No rejections. No geographic restrictions.

A merchant in Nigeria operates with the same infrastructure as one in New York. Same fees. Same speed. Same tools.

Financial sovereignty isn't just philosophy. It's competitive advantage.

Making the Switch: Easier Than You Think

Migration anxiety is real. But switching from CoinPayments to Web3 payments isn't the ordeal you imagine.

Step 1: Set up your self-custody wallet.

Step 2: Connect to your preferred payment infrastructure.

Step 3: Generate payment links or integrate API.

Step 4: Start accepting payments directly.

No lengthy approval processes. No documentation marathons. No waiting periods.

Most merchants complete setup in under an hour. Start accepting payments the same day.

The Bottom Line

CoinPayments served its purpose. For 2013.

But we're in 2026. The payment landscape evolved. Merchant expectations evolved. Technology capabilities evolved.

Sticking with legacy solutions means:

• Higher fees eating your margins

• Third-party risk threatening your funds

• Slow transactions losing customers

• Missing innovation that competitors embrace

The switch to Web3 global payments isn't just about saving money: though you will. It's about positioning your business for what's next.

Self-custody. Instant settlement. NFT receipts. Stablecoin flexibility. Global reach without banking barriers.

The merchants making this move today? They're building infrastructure for tomorrow's economy.

The question isn't whether to switch. It's how much longer you can afford not to.

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Ready to explore what true Web3 payments look like? Check out Larecoin and see why merchants are making the move.