What Is a White Label Payment Gateway?

Andrew is the Founder of Akurateco Payments Orchestration Company, established in 2019. With over 15 years of hands-on experience in online payments, Andrew has a solid understanding of how to build a product that helps to increase revenue and save on processing costs. In today’s fast pacing and competitive world, the right payment partner is crucial to any business or company to elevate their brand towards success. Many businesses understand the importance of the technology and opting the best payment solution in their software or app. This allows businesses to handle online payments of both parties safely and easily.

What is White Label Payment Gateway

Clients of this provider will get built-in fraud and chargeback prevention software. The pricing starts at 1.2% and varies based on the industry and other factors. One of the advantages of choosing this company is the possibility to use HPP integration, if your business is small or medium, or an API integration if you’ve got high transaction volumes.

Choosing a white label gateway provider

Though it may take developer experience to take full advantage of the tools, Stripe can be completely branded to match your website. However, a white-label payment gateway might be handy when a company does not want to create its payment methods from the ground up. In addition, there may be customers who are wary of paying with their credit card information because of concerns about their data security. Customers must be routed to a gateway-provided secure payment page to make a payment. Customers must now choose a payment method such as a credit or debit card, online payment, etc., before continuing with the purchase or service. Our white-label solution allows merchants to gain a clear insight into their customers’ features to offer their client base a platform and service package relevant to its needs.

  • As a service provider, they will have full access to sensitive customers’​ personal information.
  • You require to find a solution that is present with multiple functional plugins for you to integrate these payment accommodations to your or your prospect’s organization.
  • You are enjoying benefits like high ROI, the provision of innovative and practical payment solutions, and a strong brand reputation.
  • A white label payment gateway is a payment solution used to offer payment processing services to your customers under your brand.
  • It’s possible to adjust the payment page with the wanted content.
  • On top of that, one can also predefine routing through certain payment methods for certain regions.

Building a custom gateway is completely up to you to decide what features and integrations the gateway needs to meet your business requirements. To ensure a seamless process, you’ll need a team composed of experts in the relevant field and those familiar with cutting-edge technology. If you are a Value Added Reseller , Independent Software Vendor , Independent Sales Organization , or another form of reseller, you can benefit from a white label solution.

Drawbacks of White Label Payment Gateway

From simple payment acceptance software developers to market professionals whose products and services are used all over the world. Payment companies, from startups to large companies, use our software, What is White Label Payment Gateway tools, and services to process and manage their online merchants’ transactions, as well as to protect their businesses. A crypto payment gateway is a payment portal for cryptocurrencies.

However, when you opt for a third-party solution, like the one offered by WLPayments, this issue can be addressed. Outsourcing to a White-Label solution not only costs less than building a payments platform from scratch, but it also encompasses predictable, scheduled costs which simplifies business planning. Time is the most valuable thing for a business, but building your own payment gateway would require both capital and substantial time investment. Moreover, after the initial building phase you still need to constantly keep it updated to maintain the technological edge in the payments market. Partnering with White-Label Payment Solution provider saves you time on all aforementioned aspects.

A white-label payment system is a fully brandable payment software. One of its main functions is to facilitate a diverse transaction flow from different payment channels. With a payment service so efficient you can facilely without any hassle, look forward to providing customer contentment conveniently. This quintessential service offers chargeback minimization and quick settlement along with risk and fraud parameters.

What is White Label Payment Gateway

Along the way, we’ll use Akurateco as an example of such software for illustrative purposes. You may be risking your good name and reputation by using the gateway as your own. Maintaining PCI compliance and combatting fraud is critical since any flaws or data breaches can harm your organization and put you at risk of fines, litigation, and other penalties.

White-label Crypto Payment Gateway Software for Startups

There are lots of benefits when you are opting for the white label payment gateway. A white label payment gateway is an excellent addition to any business that either sells products or services online. It’s easy to use and can be customized to suit your needs, so you don’t have to worry about losing customers because of complicated billing procedures. With this type of payment system in place, you will always be able to process payments no matter where they come from or how far away they are located from your company headquarters. Started in 2007, Lyra Network in India provides secured transaction routing services and e-payment gateway.

Choosing the right payment gateway partner can be the key to your brand’s success, so try to approach the choice of white-label solutions as carefully as possible. UniPay White Label Payment Gateway – a payment solution fully hosted in our environment to help businesses greatly reduce and simplify PCI compliance requirements. Additionally, there are some features that any payment gateway must have, regardless of whether it is a white label or not. Ideally, you should be able to personalize your logo, checkout page, URL, colours, fonts, and any other embellishments so that they are consistent with your brand. In addition, the company must be aware that such a system requires continuous updates and monitoring.

What is a payment gateway?

Using a reliable payment gateway is sure to lead to a path of success by increasing awareness of the brand and brand presence across multiple channels. White labeling is the practice of rebranding a product or service under the name of another firm. Customers may pay via a third-party gateway while utilizing the company’s brand name when employing a white label payment gateway from a third party. White label payment gateway will assist in making customers loyal and confident in the services.

What is White Label Payment Gateway

It helps companies stand out from the rest and bring simple payment methods to their customers. Offering such services is another opportunity to promote a brand, increase its recognition, and have better control over the customer’s experience. This website focuses on delivering white-label payment platforms to different types of companies. Based in Amsterdam, the company offers fraud prevention, high-end invoicing systems, data analysis, and management tools with white label payment gateways. The payment gateway is customized uniquely to every client’s needs. Let’s say, for example, that you operate your own ecommerce website builder.

What Businesses Benefit From a White Label Payment Gateway?

If you establish a payment gateway from the start, it benefits your businesses to grow. Businesses including e-commerce sites, online stores, gaming platforms, and other system providers can use the services. Choosing the right white label payment platform will bring enough confidence among customers and improve https://xcritical.com/ your business reputation. Many white-label payment gateways and payment service providers that offer customization are geared for online businesses. Payment services that offer brick-and-mortar payment processing tend to be less individualized, so businesses might have to compromise or choose a separate option.

Definition: What is a white label payment gateway?

Carry out thorough research of how customers engage with a business and develop an understanding of how to improve the services offered. Improve your service by starting to accept international one-time and recurring payments. Payspacemagazine.com is an expert resource for FinTech and e-commerce, start-ups, payment systems, online payments, traditional and alternative currencies worldwide. One-time and recurring payments get different verification scenarios for customers’ convenience.

They get to use their own company logo, URL, login portal and API integrations to customise the look and feel to match their brand and service to their customers in a way they see fit. In essence, why would a merchant acquirer or ISO resell someone else’s payment gateway, when they can be the payment gateway themselves. Cardstream is a multi-award-winning PCI DSS Level 1 independent payments gateway, providing white-label Partner resellers with access to our Open®Payment Network. With our 200+ acquirer connections and anti-fraud service providers, we are able to connect our Partners and their merchants to an unrivalled global network of online payment solutions. Payment solution providers like Cardstream have huge first-hand experience when it comes to fraud and chargeback prevention measures. White label payment gateway technology can ensure that your payment data and transactions will always remain safely protected, removing the worry of fraud risk, chargebacks and data breaches.

A white label payment gateway is a system that enables you to offer payment processing services to your clients under your brand name. It offers all of the functionality of a standard payment gateway, such as accepting and processing credit card payments in many currencies. On the other hand, a white label gateway takes things a step further by allowing you to provide these same services to your clients. You may collect payments online for everyone who uses your platform to construct and host their business website with a typical payment gateway. However, if you utilize white label payment solutions, you can allow those clients to take credit card payments on the e-commerce sites they create. The best part is that you get a small percentage of every sale they make.

Further, paying for white labelling is the whole lot cheaper than developing the solution integrating with your in-house team. So, it is the place where you spend less and enjoy high benefits out of it. White label payment gateway technology can ensure that your payment data and transactions are always secure, with chargebacks, eliminating the danger of fraud and data breaches.

Benefits of White label Crypto payment gateway software

You can either build your own checkout form or customize existing templates, enabling you to have your brand colors and logo appear seamlessly throughout the payment process. When choosing a partner for the white label payment gateway, a business owner must realize that not all of them are created equally well. Let’s look at a few examples by reviewing the most popular companies that offer best-quality services. Simply by choosing to use a white label payment gateway, you can ensure your reputation as a company grows. A simple, secure, easy to use and fully-branded gateway is something a merchant always needs. Let’s have a better understanding of what is a white label payment gateway, as well as its essential features and the benefits it provides to organizations.

The financial value that the brand adds to the company is said to be the brand equity. So, the white label payment gateway solutions are the best way to build a brand identity. Additionally, it will also offer a competitive edge to the business. Having the right payment partner is one of the keys to the success of the brand or company. Plenty of the business owners are allured by the idea of integrating the payments into their software or apps. It is possible to handle online payments for both parties safely and expand the client’s base on the national and international levels.

We’d love to meet you and showcase how you can use our platform for your benefit. For specific pricing details and to see a demonstration of the UniPay payment processing platform, contact us now. We’re ready to help you get to the next level with our products and services. If you are passionate about developing your payment gateway, you have to invest a lot of time and money. Even then, you may not have a guarantee over the final product’s ROI. When you rely on the third-party solution and white labelling it, you retrospectively pay the developers to create your business product.

Leave a Reply

Your email address will not be published.