Many people ask how crypto can be used beyond trading. I’d like to share a real-world process I’m currently using in a professional setting.
1. Receiving the payment
I use NowPayments as the crypto payment processor.
Important detail:
NowPayments requires a business / corporate email to open and verify an account. Free emails are usually not accepted for business onboarding.
Another key point is that the client can pay with a credit or debit card, even if they don’t use crypto themselves. From the client’s perspective, it works like a normal card payment.
2. Fees comparison
Using traditional banking channels, receiving payments from insurance companies was costing me around 6% in fees.
With crypto via NowPayments, the effective cost dropped to around 2%, including processing. For recurring payments, this difference is very significant.
3. From crypto to fiat (real-life constraints)
Once the payment is received:
Funds arrive in crypto (usually USDT or USDC).
In my country, there are no crypto ATMs, so direct cash-out is not an option.
Because of that, I use P2P markets to convert crypto into local fiat.
Through P2P:
I sell stablecoins.
The buyer transfers fiat directly to my local bank account.
Once confirmed, I release the crypto.
This method has proven reliable as long as basic P2P safety rules are followed.
4. Why this works
The client pays with a card.
I receive crypto, not bank wires.
I convert through P2P due to local infrastructure limitations.
Fiat ends up directly in my bank account.
For me, this is where crypto delivers real value: lower fees, practical settlement, and adaptability to local realities, even in countries without full crypto infrastructure.
This setup is already working in practice, not just in theory, and I’m continuing to optimize it.
I also like how you worked around local limitations. Using stablecoins + P2P when there are no crypto ATMs is realistic and something many people in similar countries can relate to. As long as basic P2P safety rules are followed, it’s a workable solution.
This kind of use case is where crypto really shines: flexibility, lower costs, and independence from inefficient banking rails. Thanks for sharing the step-by-step — it’s useful info, not just theory.
