Is it profitable to be a white label payment processor?

We assign an account manager to every client, taking a personalised approach to support and utilising our 15+ years of techfin expertise. Implement strong access control with OAuth authentication and scoping that convert sensitive information into a temporary and ever-changing key. Manage payment process and all day-to-day operations from a single dashboard. 3.49% plus 49 cents for Venmo (U.S. only), transactions in non-U.S. Merchants that opted for a white-label solution don’t have to worry about maintenance costs because it’s off their responsibilities list. Updating, upgrading, and innovating are all on the technology vendor.

whitelabel payment gateway

With over a hundred alternative payment methods, it presents an excellent portfolio of payment options. Ikajo works with 150+ currencies, so it can be a good variant for legal entities that pursue goals of global expansion. In today’s digital age, businesses of all sizes need to accept online payments to stay competitive and meet customer expectations. Payment gateways play a crucial role in enabling businesses to accept payments securely and efficiently.

Merchant Hosted Page

Find out details about our Offers and sales-generating tools and how to apply them to your payments business to be ahead of the game. Collect your payments by sharing the invoice links via SMS and email to your customers. The tool helps you improve your performance and stay up-to-date with the latest trends around the payment gateway industry.

The facility delivers recurring payments with anti-fraud verification, checking them thoroughly by more than a hundred parameters. The fees vary, starting from 1.2% and going higher when other factors. white label payment gateway However, it is better to explore them, by studying particular platforms and their features. The development of a payment gateway is a huge challenge that requires significant expenses.

Who can benefit from a white label payment gateway?

PayCaps supports both Full and Partial refunds so you can choose the best that fits your business to keep your customers happy. Allow your international customers to make the payment in their native currencies. Use our latest security standards to provide your customers with a transparent and safe shopping experience. Accept payments in a hassle-free manner on the checkout without having to redirect your customers to another page.

The transaction information is then submitted to one of the credit card networks and routed to the issuing bank of the credit card holder where the transaction is either approved or declined. The response is then transmitted in reverse back to the payment gateway where it receives the response and notifies the merchant whether or not the transaction was approved or declined. Comprehensive Guide to Credit Card Processing Whether you are an offline or online merchant, it is most likely that you deal with credit card processing on a daily basis.

Ensures a great level of security

White label payment gateway providers offer payment processing services that allow businesses to process credit card payments quickly and efficiently. These services enable businesses to accept payments from various credit card companies, such as Visa, Mastercard, and American Express, and in different currencies. Payment processing services also ensure that businesses are PCI compliant and adhere to the latest security standards. White label payment gateways offer several benefits to companies without brand recognition or with a large enough client base to warrant investing in their e-commerce site.

whitelabel payment gateway

If you are the owner of a small eCommerce website, you probably don’t need white-label merchant processing services. But, if your business belongs to SaaS platforms, Payment Facilitators, ISOs, ISVs, Equity groups, or Investments Companies – a white label payment gateway might be the right solution for you. The system accepts bank cards of major payment methods and numerous alternative payment methods. The platform offers unparalleled service and charges moderate fees for that. It is also a sophisticated management tool with the potential to set up selling and marketing campaigns that boost merchants’ sales and expand their customer base.

White Label Payment Gateway

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. However, this is easier said than done; most ISVs do not have the necessary expertise or resources to become merchant services providers. Most payment service providers offer checkout customization through the platform’s application programming interface, or API, which can require developer experience to use.

  • This is because white label payment gateways are designed to be flexible and adaptable, allowing them to work with a variety of payment processing services, payment platforms, and software.
  • The concept of white-label product or service, surely, applies to electronic payments in general and to payment gateways in particular.
  • The company can open new markets and expand its customer base, helping its brand prosper.
  • White label providers have a lucrative business model where they earn a commission on every transaction processed by merchants using their service.

This will ensure that payments are swift and go through successfully, more often than not. So, when choosing a white-label service provider, make sure it caters to the businesses you work with . Building and maintaining a payments infrastructure is extremely resource-intensive. Besides developing the technology, ISVs would also need to build relationships with sponsor banks in order to facilitate payments. This can cost millions of dollars in time and money—something that small businesses can’t afford.

What does a payment gateway do?

PayCaps offers a smart dashboard to help you improve your performance by keeping you up-to-date with the latest transactions and refunds. The reduction of regulatory compliance helps Paypipes to deliver excellent transaction service without charging tons of money for service. However, Akurateco’s gateway is not the best choice for companies looking for a wealth of customization options.

What Is a White-Label Payment Processor?

White label payment gateways work by providing businesses with a customizable payment processing platform that can be integrated with their existing systems. Businesses can integrate the white label payment gateway into their websites, mobile apps, or other platforms in order to accept payments directly from their customers. When a customer makes a payment, the payment gateway securely processes the transaction and sends the funds to the merchant’s account. White label payment gateway solutions offer businesses of all sizes the opportunity to build an online payment infrastructure quickly and efficiently. Provides a one-stop platform for online payment processing to acquirers, banks, payment service providers, and fintech. Our next-gen white label payment gateway enables businesses and eCommerce stores to provide their customers with a seamless online transaction experience with their brand name.

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