Your Quick-Start Guide to Web3 Global Payments: Do This First

Traditional payment processors eat your profits. 2-4% interchange fees. International transaction markups. Bank approvals that take weeks.

Web3 global payments change everything.

You keep more revenue. You go global instantly. You control your own merchant account.

But where do you actually start?

This guide breaks down exactly what to do first. No fluff. Just actionable steps to get your business accepting crypto payments today.

Why Web3 Payments Matter Right Now

Here's the reality. Credit card processors charge merchants anywhere from 2.5% to 4% per transaction. International payments? Even worse: 4-6% plus currency conversion fees.

Web3 payments slash those costs dramatically. We're talking approximately 0.5% or less. Sometimes just blockchain gas fees.

That's not a minor savings. For a business processing $100,000 monthly, that's potentially $3,500+ back in your pocket. Every single month.

But cost savings are just the beginning.

Self-custody merchant accounts mean you're not waiting on bank approvals. No frozen funds. No chargebacks. No middlemen deciding whether your business is "acceptable."

Financial sovereignty isn't just a buzzword. It's operational freedom.

Step 1: Set Up Your Self-Custody Merchant Account

First move? Create your merchant account.

Unlike traditional payment processors, a self-custody merchant account puts you in control. Your keys. Your wallet. Your funds.

Here's what that means:

• No bank approval required – Start accepting payments immediately

• No frozen accounts – Your crypto stays accessible

• No intermediary holding your revenue – Funds go directly to your wallet

Visit Larecoin to set up your merchant portal. Generate your wallet addresses for receiving payments.

Running multiple locations or departments? Set up master and sub-wallets to track revenue streams separately.

Pro tip: Organize your wallet structure before you start processing. Makes accounting significantly cleaner down the road.

Step 2: Choose Your Stablecoin Strategy

Crypto volatility scares some merchants. Understandable.

That's where stablecoins come in.

LUSD and other stablecoins maintain a 1:1 peg with traditional currencies. You get all the benefits of crypto payments: low fees, fast settlement, global reach: without the price swings.

LUSD stablecoin benefits include:

• Price stability – No worrying about BTC dropping 10% overnight

• Instant settlement – Funds available immediately

• Easy accounting – Values map directly to fiat for reporting

Configure your payment settings to accept stablecoins as your primary currency. You can always add BTC, ETH, or other cryptos later.

Start stable. Expand from there.

Step 3: Select Your Integration Method

How you accept payments depends on your business model. Pick the path that fits.

E-Commerce Websites

Running Shopify, WooCommerce, or Magento? Use ready-made plugins. Install. Configure. Done.

No developer required. Copy-paste integration in most cases.

In-Store Payments

Need a crypto POS system for small business operations? Generate QR codes for contactless transactions.

Customer scans. Pays. You receive funds instantly.

No swipe machines. No terminal fees. Just clean, fast transactions.

Apps and Games

Building something custom? Use API integration for headless implementation. Full control over the user experience.

Plug-and-play UI components also available for faster deployment.

Step 4: Configure Payment Settings

Time to dial in the specifics.

Supported Currencies

Decide which cryptocurrencies you'll accept:

• LUSD (recommended for stability)

• USDC

• USDT

• BTC

• ETH

• SOL

Start with 2-3 options. Add more based on customer demand.

Blockchain Networks

Select which networks to support. Popular choices:

• Solana (fast, low fees)

• Ethereum (widespread adoption)

• Polygon (low fees, high speed)

More networks = more flexibility for customers. But also more complexity to manage.

Settlement Preferences

Want to hold crypto? Keep funds in your wallet.

Prefer fiat? Connect your bank account after completing KYC. Automatic conversion handles the rest.

Most merchants use a hybrid approach. Hold some crypto. Convert some to fiat for operational expenses.

Step 5: Leverage NFT Receipts for Accounting

This is where Web3 gets interesting.

NFT receipts for accounting transform how you track transactions. Every payment generates a unique, immutable record on the blockchain.

Benefits:

• Tamper-proof records – Auditors love this

• Automatic documentation – No manual receipt management

• Real-time tracking – See every transaction instantly

• Receivables token integration – Tokenize outstanding invoices

Traditional accounting systems require manual reconciliation. NFT receipts create a permanent, verifiable trail automatically.

Your accountant will thank you.

Step 6: Test Before You Launch

Never skip testing.

Use testnets or sandbox mode to validate everything:

• Transaction paths work correctly

• Wallet addresses receive funds

• Conversion settings function properly

• Receipts generate accurately

Run test transactions. Verify each step. Then launch confidently.

How Larecoin Compares to Alternatives

Looking for a NOWPayments alternative or CoinPayments alternative? Here's how Larecoin stacks up.

vs. NOWPayments

NOWPayments offers solid basic functionality. But Larecoin delivers more advanced features:

• NFT receipt generation for superior record-keeping

• LUSD stablecoin integration

• True self-custody without intermediary control

• Receivables tokenization for cash flow management

vs. CoinPayments

CoinPayments has been around for years. The interface feels dated. Processing times lag behind newer solutions.

Larecoin provides:

• Faster settlement on modern blockchain networks

• Cleaner merchant portal experience

• Advanced POS system for in-store transactions

• Better fee structures

vs. Triple-A

Triple-A focuses heavily on enterprise clients. Smaller merchants get overlooked.

Larecoin scales both directions. Works for the solo entrepreneur running an online store. Works for multi-location retail operations. Same powerful features regardless of size.

Reduce Merchant Interchange Fees Immediately

Let's talk numbers again.

Traditional payment processing:

• Interchange fees: 1.5-3.5%

• Assessment fees: 0.13-0.15%

• Processor markup: 0.2-0.5%

• Total: 2-4%+ per transaction

Web3 payments through Larecoin:

• Blockchain gas fees: Variable (often under $0.01 on Solana)

• Platform fees: Minimal

• Total: Approximately 0.5% or less

That's potentially slashing fees by 50%+ instantly.

For a small business processing $50,000 monthly, switching from traditional processors to Web3 payments could save $1,500+ monthly. That's $18,000 annually.

What would you do with an extra $18,000 in profit?

Going Global Without the Headaches

International payments traditionally mean:

• Currency conversion fees

• Wire transfer delays

• Correspondent bank charges

• Compliance complications

Web3 global payments eliminate all of that.

Customer in Tokyo pays in LUSD. You receive it instantly. No intermediary banks. No conversion markup. No 3-5 business day settlement windows.

Global reach without global complexity.

Your Action Plan

Ready to start? Here's your checklist:

1. Today: Create your self-custody merchant account at Larecoin

2. This week: Configure wallet addresses and payment settings

3. This week: Choose your integration method

4. Next week: Test thoroughly in sandbox mode

5. Launch: Go live and start saving on every transaction

Bank-free business operations aren't the future. They're available right now.

The question isn't whether Web3 payments make sense for your business.

The question is how much longer you'll keep paying unnecessary fees while your competitors make the switch.

Start today. The setup takes less time than you think.