The Pros and Cons of White Label Payment Gateway

Such an opportunity offers many benefits and ways to expand one’s business without having to invest additional money in building a payment gateway from the ground up. 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. Comparing providers is also important to determine the pricing and fees for their services. Look for providers that offer transparent pricing and no hidden fees. Compare the fees and rates of several providers and choose the one that offers the best value for your business.

Who can use a white label payment gateway

A payment gateway software allows merchants to accept debit and credit card payments online. It acts as a mediator between the merchant’s bank and the customer. You will need to open a merchant bank account in order to integrate a payment gateway onto your website.

Licensed payment gateway solution

Add an extra security layer for card transactions and accept payments with a lower risk of fraud. The 3-D Secure protocol permits the exchange of data between the merchant, card issuer, and customer for extra-reliable transaction validation. White-label products are produced by one company and rebranded by another. In the case of payment gateways, it means that you can rebrand the checkout process so your customer doesn’t see the name of the payment software you used.

Using a white label payment gateway strengthens the relationship you have with your merchants and puts you in the powerful position to meet, and even exceed, their needs. Redirecting to a third-party payment gateway raises questions and suspicions for several users when customers are trying to make online payments. This is particularly applicable to customers who have come to your website for the first time and need more clarification about the site’s credibility. This could be one of the most significant reasons you face high cart abandonment rates. With the increase in online sales and e-commerce businesses, the need to put a personalized touch on the customer’s journey has become vital. The relationship between sellers and consumers is dwindling because of the presence of multiple players in any industry.

Why Work With Spell For A White Label Payment Gateway? Overview

They should also be up-to-date with the latest payment technologies and trends to ensure that they can provide the best payment services for your business. Another important factor to consider when choosing a payment gateway partner is their experience and expertise. Look for providers that have been in the industry for a long time and have a track record of successful projects.

Who can use a white label payment gateway

PayPipes connects with multiple top-rated payment gateways globally. To grow your business, you may need to connect to multiple payment gateways. Maybe to support failover and more successful transaction processing, or to process payments in international markets. PayPipes makes it easy to connect and maintain integrations to gateways and payment APIs. All online merchants that accept card payments must be PCI DSS compliant. That helps you deliver a great transaction experience to your customers while helping avoid costly on-site data security assessments.

Our White-Label Solution for PSP lets you launch a full-fledged payment solution under your own brand in just a few days. It includes all the services necessary to onboard new merchants and manage their projects. You can easily customize each service to meet your brand and business needs. Tranzzo has over 200 payment integrations, allowing you to expand business in Europe, Latin America, Africa, and Southeast Asia . Hips is a complete omnichannel payment gateway and platform for businesses, ISV’s and ISO’s that want to offer their customers payment terminals or online payment services.

  • Creating technology to make the payment process easy and invincible.
  • Besides that, you will have to certify your solution with the channel partners.
  • Akurateco’s Payment Orchestration Platform is a brandable, white-label solution allowing users to own the end-to-end ready-to-use PCI DSS gateway.
  • Now that you know what a white-label payment gateway is and it can benefit your organization, you must be wondering which vendor to choose.
  • When it comes to choosing the right payment gateway partner, there are several factors that businesses need to consider.

White label payment gateway providers offer businesses the ability to integrate with third-party services. These services can include customer relationship management systems, accounting software, and other business management tools. Integration with these services can help businesses streamline their operations by automatically updating their records, reducing manual data entry and potential errors. Payment page customization is an essential feature of white label payment gateways, as it enables businesses to customize the checkout experience for their customers.

Simply choose the most appropriate and trustworthy partner and obtain the services you require. The reduction of regulatory compliance helps Paypipes to deliver excellent transaction service without charging tons of money for service. Depending on your particular business case, the process might take 6 to 12 months. Watch this space for more updates as we roll out more features to accelerate financial product innovation. As always, connect with us below to learn more about how innovative card programs and scalable features can power your financial product or fintech program.

Who can use a white label payment gateway

However, it is better to explore them, by studying particular platforms and their features. Offering robust payment technology to clients ensures a smooth checkout experience, thus establishing the reputation of an expert in the field. All the funds from customers’ purchases are settled into your payment gateway definition account in the acquiring bank. Asking about the customizability of these features will help you know beforehand if the provider offers the level of control you’re looking for. Follow PayStudio to get daily information about payment gateway, fintech industry, gaming industry, forex and many more.