You may benefit from the original payment gateway by using a white-label payment gateway. However, you smartly reduce the cost while keeping the benefits. A payment gateway’s accreditation, system upgrade, code test, and update are all critical.

What is a white label payment gateway

If you want to improve your brand’s visibility across the web, you can start by customizing the integrated payment gateway. White-labeling payment solutions will help you in getting your brand noticed while also ensuring a top-of-the-mind recall as more customers buy from you. This is particularly beneficial if you run a business that caters to various verticals complementing each other. Many business owners think that white label payment gateways are only meant for big brands and unicorn startups, which is not true. Irrespective of the size and scale of your business, you can switch to white label payment gateways. Businesses like online stores, e-commerce software, gaming platforms, and system providers often use such services.

How Does a White-Label Payment Gateway Work?

It wouldn’t be surprising since the product is highly demanded in electronic payment processing. White-label-focused third-party payment gateways will have the know-how to create cutting-edge solutions. Businesses can take advantage of readily accessible technologies with direct integrations and recognition across different acquiring banks. If you are a great marketer or seller and don’t necessarily have the skills to develop your own online tools, a decent money gateway platform will help you.

  • If you have an online eCommerce shop, then you must have it to build brand authority.
  • Payment Card Industry Data Security Standard, or PCI-DSS compliance, is a set of policies necessary for all card brands to follow.
  • During this time, we’ve connected dozens of various integrations and solutions, brought to life some joint projects.
  • 360-degree payments tech solutions that help you at every step of your business.
  • Developing an in-house payment solution requires significant investment, which is not feasible for most businesses.
  • Ikajo is processing main card payment types as well as various alternative options and supports over 100 payment methods and more than 150 currencies.

If you also want to get a payment gateway, you can get started simply by telling us which concrete white-label product idea you have and we will develop and launch it for you the way you see it. If your customers would benefit from receiving payment processing capabilities as part of your service, a white label gateway might be for you. As an online business owner, it is crucial to understand whether the onus of PCI-DSS compliance falls on you or the payment white label payment gateway gateway provider. For traditional businesses undergoing transformation to start selling online, the very idea of accepting payments online via a payment gateway is quite exciting. They can easily leave cash out of their business equation and start accepting payments through multiple payment modes. A Complete Guide on White-Label Payment Gateway If you’re in the payment processing industry, chances are you’ve heard the term white-label payment gateway before.

Payouts

Gain from having a group of payment experts at your disposal and a cutting-edge ready-made payment gateway. In this article, we will discuss the terms white-label payment gateway and white-label payment processing. Nowadays, an increasing number of businesses are looking for a payment solution or a replacement for an existing legacy system. White-label payment gateways are one of the alternative solutions that many of these companies are attempting to “embrace,” comprehend, and implement.

If you run into any issues while using the gateway, good service from the company is essential. By using this form you agree that your personal data would be processed in accordance with our Privacy Policy. Artificial Intelligence is becoming increasingly prevalent in the business sector. It helps entrepreneurs with various tasks, from analyzing data…

Comprehensive Guide to Credit Card Processing

You definitely know first-hand that customers are very picky and demanding. When it comes to making online transfers they have even more questions related to their safety and pleasant experience. This can help you increase customer loyalty and uniquely respond to every client’s needs. White label payment gateway will assist in making customers loyal and confident in the services. Plenty of people feel suspicious or simply unsatisfied when the payment procedure transfers them to a different website.

What is a white label payment gateway

Online payment gateways will require application programming interfaces that allow the website in question to communicate with the underlying payment processing network. In-store payment gateways will utilize a POS terminal that connects to the payment processing network electronically using either a phone line or an Internet connection. We are happy to assist our customers, for any query related to white label payment processing, we are ready to help you at . Payneteasy is here to facilitate the creation of an efficient and user-friendly payment platform for every business. Our payment gateway will ensure a smooth shopping experience for your customers, minimize fraud risks, and significantly increase the conversion rate.

Private Label Payment Processing

After understanding the difference between a payment processor and a gateway, it’s also important to know the different types of payment gateways. Payments Analytics for Gateways and Acquirers Payment gateways and acquirers play a vital role in the online payment industry. They facilitate the transfer of funds between merchants and customers and take care of the exchange of data between the participants to… The trick with white label payment processing is that the more control over the process you need, the more responsibility you have to assume. We gave the first cryptocurrency exchange in the CIS region a single place to manage its operations and provide payment services to other businesses. Depending on your wishes regarding branding, technologies, and integrations, it can take you from a week to a month to go live.

Quadrapay helps you to get a gateway so that you can take control over your customer experience and gives you an additional opportunity to promote your brand name. As alluded to before, building your own gateway from scratch requires a large investment, and even then, there is a possibility that the end product is not fully functional or is already outdated. However, when you opt for a third-party solution, like the one offered by WLPayments, this issue can be addressed.

What is a white label payment gateway

For comparison, if you develop a payment gateway on your own, it will take you no less than six months to start operating. 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.

All you need to run your own payment gateway!

When processing our clients’ data, we strictly adhere to the data protection principles of the General Data Protection Regulation . We believe that the protection of our clients’ and their end-users’ data is fundamental to our mission — helping build a better internet. During this time, we’ve connected dozens of various integrations and solutions, brought to life some joint projects. Namely, Corefy was our technical partner in the launch of UAX. Monitor your company’s financial health with our fully-equipped accounting software. We reduce the burden of development, IT, and infrastructure services costs, allowing you to focus on your core business.

Moving from a standard payment gateway to a white label payment gateway can bring a plethora of advantages for your business. It will also help maintain a high ROI and improved brand reputation. Make sure you select the payment solution provider for such needs.

What Are the Benefits of Using a White Label Payment Gateway?

With a traditional payment gateway, you can accept payments online for everyone who uses your platform to build and host their business website. But if you use a white label gateway, you can also enable those customers to accept credit card payments on the ecommerce sites they build. White label payment gateway providers also offer their clients with anti-fraud mechanisms to ensure safety of the cardholder’s data and payment transactions. You might also find payment providers that have third-party fraud detection tools integrated to strengthen the security for a seamless payment experience.

Example of a Payment Gateway

Companies’ solutions are significantly outside of their area of expertise. Making decisions based on factors outside of your core competencies is not wise. Make sure to examine the required solution and contrast it with the available resources. This would help you in deciding whether a white-label payment gateway solution would help you to reach heights.

With your brand’s logo added to the payment gateway, you can reassure them about the safety element. These are the top white-label payment gateway providers you should consider when choosing one for your business. In the meantime, let’s look into the advantages of having white-label software.

The concept of white-label product or service, surely, applies to electronic payments in general and to payment gateways in particular. Basically, a white label payment gateway is gateway product which you can offer your customers under your own brand. Providing payment processing services to merchants requires your gateway to comply with a range of standards. For example, it takes time and money to get PCI compliance validation and undergo yearly audits to reaffirm it. When you use a white label solution, you eliminate this burden, as it is the service provider’s responsibility. In addition to the website, social media pages, apps, and other channels, a customized integrated payment gateway solution also helps improve your brand’s visibility to consumers.

Customers tend to spend a significant amount of time on the payment page trying to figure out which method to use or entering the card details. This makes a white-label payment gateway that contains your brand’s logo, color theme, and other eccentricities a great way to ensure top-of-mind recall. Customers will subconsciously think about https://xcritical.com/ your brand when they want to buy the same product or something else listed on your website. A white-label payment gateway can be a great option if you’re running a business with several verticals, each of which complements the other. If your business requires reseller services, consider the advantages of a white label payment gateway.

The third party developing your white-label gateway will provide you with all the assistance and technical support. Crassula, for instance, uses a modular approach to build solutions. It means that you are free to choose what functions and tools you want your financial product to have, and which ones are not important. You can design a white-label product of your dream and solve all your problems in a few clicks.