Customized payment experiences: the power of White-Label Payment Gateways

Payment gateways are crucial for every business for credit card transaction processing. When the card is swiped against the machine, the payment is cut and sent through the payment ‘gateway’ to the processor for authorization. This additional gateway ensures the security of customer’s data and the authenticity white label crypto payment gateway of their transaction. Additionally, these gateways can handle multiple currencies and languages, enabling businesses to expand their reach and access international markets. Every company that wants to accept online payments swiftly and securely can become your potential client. Emerging PSPs can establish their company without a substantial initial investment by leveraging an advanced white-label payment gateway.

Delight your customers with fully customized payment experiences

According to a report by Polaris Market Research, the global payment processing solutions market was valued around $74 billion in 2021 and is expected to reach more than $192 billion by 2030. The size of the payment processing industry is a reflection of its business value and the diversity of needs that exist—it’s not the kind of function with a https://www.xcritical.com/ one-size-fits-all solution. Payflow accepts all major credit cards and has the added bonus of also accepting a wide variety of foreign payment methods.

How can white-label merchant services from Akurateco benefit my business?

• The pricing starts at 1.2% and varies based on the industry and other factors.
• Payment cascading provides a robust contingency plan, automatically redirecting payments to alternate providers if the initial route fails.
• With Stripe Relay, merchants can use this API to list products to sell on mobile or link their e-commerce sites.
• Although white label systems have many customization options, it is not fully customizable.
• The company offers a white-label payment gateway on the on-premise model, i.e. the software will be hosted on the customer’s infrastructure.
• In addition, WePay delivers same-day deposits to your account if you use a Chase account, which means you won’t need to wait days to transfer the funds from your merchant account to your bank account.

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. As a modern payment software provider, Akurateco takes an individual approach to tailoring its system to every client’s needs.

Ready to launch your own acquiring service with Boxopay’s white-label payment processing software?

The company provides a strong anti-fraud system integrated into its payment gateway. That makes its clients’ businesses fully protected from scammers and fraudsters. Let’s get to know more about a white label payment gateway, its peculiarities, and how to pick the best partner. Dwolla is a white-label payment service that integrates your business with the Automated Clearing House network to send and receive ACH payments.

USDC Integrates With Real-Time Payment Systems of Mexico and Brazil

A streamlined, intuitive, and secure payments infrastructure is a baseline expectation of modern customers. ConclusionBuilding a payment gateway business can be a challenging but rewarding endeavor, offering the potential for significant revenue and growth in the rapidly evolving e-commerce market. By following the steps outlined in this guide and adapting to the changing needs of the market, you can position your payment gateway business for long-term success and profitability. A payment gateway is a technology that businesses use to accept and process online payments. It acts as the bridge between a customer’s payment method – such as credit cards, digital wallets or bank transfers – and a business’s merchant account, transferring funds quickly and securely.

Who Needs White-Label Payment Gateways and How to Get Them? 🛍️

Among other things, the payment gateway from PayPipes features customization, data analytics modules, as well as payments API, virtual terminal, tokenization, and the capability to pay by link. Most companies offering white-label gateways sell them on the SaaS model. This may be a plus for a while because you don’t have to acquire your own PCI DSS certificate, but over time, as the business grows, it will become a disadvantage. You won’t be able to control your data and the existence of your business will be completely dependent on the existence of the vendor’s business.

What types of businesses use white-label payment gateways?

As the white label payment facilitator (Payfac), you can set your own profit margins and actively get your share of the revenue stream. This also means you will have the freedom to set up your very own brand, market it and get visibility rather than living under someone else’s shadow. You will have control over customer experience, and how you want to service them, which means direct customer acquisition.

Ticket support is only available during weekdays, so it may take days to receive a response if you submit a ticket on Thursday or Friday. The answers to these questions will help you to determine whether a white-label payment gateway is the right solution for your business – and if so, which features and capabilities you should look for. Customers need to trust that their sensitive data is protected, and businesses need to comply with rules and regulations, such as PCI DSS, GDPR and PSD2. These rules and regulations can often be complex and burdensome to comply with while building payments infrastructure, but compliance is necessary to avoid hefty fines and reputational damage. Increase your transaction approval rate, easily manage multi-channel transaction flow in a single platform, and make data-driven business decisions with our state-of-the-art payment solution. All of our secure and easy integration tools can be fully White Labelled for our Partners.

Best Credit Card Readers for Small Businesses

Payment orchestration platform offering, among other things, a white-label payment gateway. This is a white-label payment orchestrator distributed on the SaaS model. The company offers a functional solution with fraud protection, a billing system, and an analytical module. The payment gateway can be customized according to the customer’s needs. For example, there are gateways that are complex and cover several different products.

This is attractive for small-business owners who want phone support to help address concerns in real time. Moreover, Stripe offers training support to help its new clients get familiar with its tools. Stripe’s pricing rate is 2.9% plus 30 cents per successful charge for all online credit and debit card payments.

This is a good feature if you are a merchant who wants to make your own gateway or if you want to become an orchestrator. Such systems are better suited for big merchants and ISO/MSP, but they can’t meet all the needs of a certain group, such as acquirers. As you can see, buying a white-label payment gateway has a lot of advantages. However, in order to show the full picture, it is necessary to mention a few disadvantages as well. Accept payments online, in person, and around the world with a payments solution built for any business—from scaling startups to global enterprises. Make sure to ask about all of these features’ customizability, so you know what to expect from the white label provider and if you want to go with them.

Access visualized reports on the progress of operations, reasons for failures, countries of issuers, and more. Save significant time with manual or automatic reconciliation across multiple projects, payment methods, and currencies using our white-label gateway for payments. Streamline your relationships with providers and merchants, transforming time-consuming reporting and incorrect payment parsing into a one-minute task. Establish and customize unique commercial terms with merchants and providers. Configure fixed and percentage fees, commission returns for refunds, penalties for chargebacks, markups and specific rates for various card types and issuers.

Therefore, a white label solution can be right for almost any enterprise that offers its products and services online. To cater to their customers’ payment preferences, these enterprises need state-of-the-art payment systems with customizable checkout and a branded design. As they usually lack the resources to pay a team of developers, a white label payment platform can become an indispensable solution for them. The following is a list of some of the global benefits that white label payment gateways offer.