White label payment gateways provide support for various currencies, making it easier for businesses to accept payments from customers all over the world. This feature is particularly useful for businesses that operate in multiple countries and need to accept payments in different currencies. With a white label payment gateway, businesses can easily convert currencies and process payments in the currency of their choice.
The moment you start a business or any online platform that involves making payments online, you have to think about a payment gateway. Payment gateway requires making online transactions through third-party authorization. The credit card information inputted on your site will be directed to a third party who will subsequently process the payment with the bank. Payment gateways have security features such as a fraud detection system. White-Label Payment Gateway Solutions providers like WLPayments have the expertise and capability to provide the latest innovative technology to simplify online payments.
What does a payment gateway do?
PayPipes offers a technical solution to adapt the payment gateway to the company’s brand and color so that customers can easily navigate regardless of their payment channel or country. In this way, financial professionals can use the payment gateway system to serve customers who open Bank accounts and business accounts to process business transactions. If you like how a particular payment gateway operates but you believe you can market it more effectively, you can build your own website and promote the gateway under your own name and branding. The white label provider will still earn the bulk of the profit, but you’ll gain a small commission for something you technically had no part in building.
Let’s look at a few examples by reviewing the most popular companies that offer best-quality services. The right payment gateway partner is one of the keys to the company or brand’s success and growth. Plenty of business owners are allured by the idea of integrating payments into their software or apps. It’s a possibility to handle online payments safely for both parties and expanding the client base on national or international levels.
White-Label Payment Gateway has one of the most progressed eco-frameworks in the business that is continually being overhauled for higher security and usefulness. Several businesses make use of the white label payment gateways. This includes online stores, system providers, gaming sites, e-commerce sites, and any other online service provider. Most payment gateway providers that offer white-label solutions have direct integrations with various acquiring banks and payment methods.
Are white label payment gateways PCI compliant?
Businesses should be aware that such a set-up requires regular monitoring and constant upgrades to make the payment process hassle-free. For instance, an independent sales organization resells bank-issued merchant service, card payment terminals, and an eCommerce shop. Having a branded payment gateway is one approach to improve your brand’s visibility and exposure.
Most importantly you need the insights to know what works and what does not and also why. Our platform provides you with what you need to be successful internationally. The use of a white-label payment gateway will solidify your relations with your merchants and put you in the position to meet their needs better. Every effort put in by you and your team into the promotion of payment gateway technology will enhance the worth, reputation, and value of your brand.
- When choosing a partner for the white label payment gateway, a business owner must realize that not all of them are created equally well.
- Most businesses choose a third-party payment processor, while some prefer to construct their payment gateway in-house.
- The system of our white label payment processing solution consists of modules, each being able to work independently and increase productivity.
- Any issues with the payment gateway aren’t solely the business’s fault.
- Thanks to the technique, the company’s management may add its identification marks to the service.
We believe that the protection of our clients’ and their end-users’ data is fundamental to our mission — helping build a better internet. Connect with 650+ payment providers and acquirers worldwide in a few clicks. Bringing preferred payment methods to your customers across the world is as easy as clicking a mouse. The white-label payment gateway has several advantages, but this piece will address the most prominent ones.
Once funded, shoppers can use eWallets online to buy goods or services from Merchants using the eWallet system. Real-time monitoring and advanced analytics are also among the top benefits of Cashier. You can easily keep track of all the data in the system and not let it slip through your fingers.
White Label Payment Gateway
Depending on the integration type you’ve agreed on, you might experience issues related to sharing servers resulting in downtimes of the system. Paytm Payment Gateway comes with a host of features that make it worthwhile for you to consider it for your online business. Dedicated technical support ready to help you at any point of your operation. Pay for goods or services to a Merchant with an eWallet account.
The white label offers a smart dashboard to help you improve your performance by keeping you up-to-date with the latest transactions and refunds. As you want to grow your business, expanding to new markets may be a logical thing to do. But with new markets, you will need new payment methods, localised payment pages and new currencies.
Multiple Language & Payment Methods
We assign an account manager to every client, taking a personalised approach to support and utilising our 15+ years of techfin expertise. Last but not least, the payment page they developed for us is just perfect. Implement strong access control with OAuth authentication and scoping that convert sensitive information white label payment gateway into a temporary and ever-changing key. Get access to auto-generated reports and visual insights on your performance. Besides the smart routing engine, we provide a one-stop Checkout solution designed with the consumer in mind. Merchant can get Notifications for Login systems to prevent the unsecured Login.
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. One of the downsides of a white-label gateway that could be critical for you is that you don’t have enough control over the process. Everything is handled by the gateway provider, including PCI compliance, integrations, certifications, maintenance, etc.
White Label Payment Gateway Platform provides state of the art, white label payment gateway solution – essential infrastructural component in the card-not-present industry. Using a white label payment gateway is ultimately quicker and more cost effective. Whit label solution will increase both your clients and your sales revenue. The system of our white label payment processing solution consists of modules, each being able to work independently and increase productivity. We can also provide customized modules as per your requirement.
III. How Can Businesses Benefit from White Label Payment Gateways?
You can request payments from almost anyone with an email address, even if they don’t have an eWallet account. Send payments to almost anyone with an email address and it will go to their eWallet account. If they don’t have an account, we’ll help them sign up for free.
A white-label payment gateway vs. a traditional one: What’s the difference?
Such a payment gateway prevents fraud and bans suspicious activities. Ensure that the basic infrastructure is already built; this includes design, functionality, and security. You should be able to easily integrate the solution on behalf of your customers using a simple API or plug-in.
You can also control the customer relationship by offering great support services to deliver a great customer experience. White label payment gateway is a ready-made solution that allows businesses or brands to start processing payments under their own brand using the third-party https://xcritical.com/ technical infrastructure. Which payment gateway is better to choose, built from scratch or white label? A good option, allowing you to save resources and development efforts, is to use a gateway product that has both white-label and licensable/open-source versions.
We can provide you a very affordable solution as they have a special plan for Startups. If you become the payment gateway provider rather than reselling someone else’s, you’ll have several unique opportunities at hand. As the white label payment facilitator, 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.
Anybody can access the portal without any technical knowledge to respond to queries and upload documents. White Label Payment Gateway provides you with monthly or weekly or Daily transaction statistics. You can get statistical reports with the customizable specification to download easy transaction reports in PDF and Excel sheet format. Now more than ever, organizations have access to large amounts of data that can be leveraged to their advantage. It should be encrypted with the latest and most impenetrable technologies. Secure payment page hosted on PCI certified servers with high grade SSL encryption.