Content
- WePay vs. Stripe: Which Is Right for Your Business?
- Limited control over the system
- Provide your merchants with our API-first capabilities designed for a smooth integration
- White-label payment gateways: What they are and what benefits they offer
- What payment methods exist within the white-label payment gateway?
- What are White-Label Payment Gateways? 💼
- Does your business need a payment gateway?
PSPs can transform their processing profile and escalate revenue by integrating Akurateco’s white-label platform. Allow your customers to use their preferred checkout to https://www.xcritical.com/ optimize their shopping experience and scale it up to their expectations. Everything within the payment system can be branded to match your company, from payment page and admin panel URLs to logos, buttons and reports. Expand your business into new international markets by offering cutting-edge technology fine-tuned to the needs of a specific niche. Partners can determine which payment solution best suits with a choice of our Hosted Payment forms.
WePay vs. Stripe: Which Is Right for Your Business?
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. EComCharge allows integration with 50+ banks and alternative payment white label crypto payment gateway systems. PayPipes is another company offering a white-label payment gateway platform for PSPs and acquirers.
Limited control over the system
- In the case of a white-label solution you get a payment gateway with basic functionality and additional functions can be added to meet your business needs or project vision.
- Besides, merchants can use different transaction types depending on the business’s needs.
- Simplifies product management for merchants, letting them easily enter and manage product SKUs and keep inventory organized.
- The platform offers a wide list of features for online payment automation.
- PayPipes is another company offering a white-label payment gateway platform for PSPs and acquirers.
The software, when integrated with your online website, can be fully customized to match your business’s branding. We believe it makes the most sense to start by understanding what you want to accomplish in general and what your business wants specifically. Whether your E-commerce business is B2B or B2C, a convenient and straightforward payment process will be a crucial part of it. A proper and unique gateway will enable your customers to quickly purchase the goods.
Provide your merchants with our API-first capabilities designed for a smooth integration
Besides, having their own white-label payment solution, large e-commerce merchants can create custom routing and improve management while increasing sales. Payment gateways equip the merchants with interfaces and tools to collect the information for credit card transactions from the customers. WePay is an online payments service based in the United States and affiliated with Chase Payment Solutions. WePay offers payment solutions for platform businesses, including crowdfunding sites like GoFundMe. Some merchant service providers, like Square and Dharma, offer you a dedicated merchant account. That means that your small business would have its own type of holding account to accept online payments.
White-label payment gateways: What they are and what benefits they offer
We believe everyone should be able to make financial decisions with confidence. Our editorial team delivers daily news and insights on the global payment industry, covering fintech innovations, worldwide payment methods, and modern payment options. As we mentioned earlier in this article, most of these solutions come from large companies that have been in business for many years and have perfected their processes. If you’re considering starting a business and building your brand, there’s no better time than now. White-label payment gateway prices are about 40 thousand dollars for all.
What payment methods exist within the white-label payment gateway?
A license is not necessary for your line of work, but, if you act as an Introducer with your acquirer or if you are a merchant using our gateway to manage payments. The dashboard setup takes up to 5-7 days as long as the connectors are integrated. In the meantime, integrating a white-label platform on-premise depends on the client’s infrastructure. Launch your PSP platform in just two weeks and bypass the hassle of payment software development. Consolidated and easy-to-manipulate data management to keep you in full control over data from various payment channels. Generate comprehensive transaction reports, calculate fees for your merchants, create settlements, perform reconciliation efficiently with advanced analytical and billing module.
What are White-Label Payment Gateways? 💼
Craft and send invoices within minutes via email or SMS, ensuring rapid payment processing. This feature utilizes an intelligent algorithm to determine the most effective payment path, considering factors like speed, cost, risk, and compliance. It ensures the optimal routing of payments between banks, enhancing processing speed and reducing decline rates by switching pathways if the initial attempt fails.
American Airlines Reportedly Plans to Make Citigroup Its Exclusive Credit Card Partner
Embrace the opportunities in the payment gateway industry, and carve your path to success as a trusted provider of secure and seamless payment solutions. Many white-label payment gateways and payment service providers that offer customization are geared for online businesses. Payment services that offer brick-and-mortar payment processing tend to be less individualized, so businesses might have to compromise or choose a separate option. It also has multiple payment technologies to manage multi-channel transaction flow easily. With a re-brandable system, Akurateco allows customization of every aspect, from the payment page and admin panel URLs to logos, buttons, and reports.
DECTA is a trustworthy partner that provides an advanced solution to meet our needs. Having a ready-made product with the latest technologies increases the speed of the launch. We are happy with our collaboration with DECTA and looking forward to working closely together on more projects.
There has been a myriad of instances where merchants discovered their accounts were canceled or frozen. Unfortunately, this can happen with third-party payment service providers, where merchants can instantly be onboarded. If you sign up with Stripe and months later, Stripe deems your account high-risk, it can withhold your funds with little notice. Businesses are increasingly looking for ways to differentiate themselves, streamline processes and enhance the customer experience.
A full-fledged core and business software for processing companies providing high-tech solutions for modern acquirers. Saved cards can be used for embedded tokenization, one-click payments, MIT payments, and for processing refunds. Marketplaces may identify their transactions based on the region or product category of their sub-merchants according to the payment system requirements.
Multifunctional white-label payment gateway designed specifically for e-Commerce acquirers and PSPs. The platform offers a wide list of features for online payment automation. The software is distributed on an on-premises basis, i.e. it is hosted on the customer’s infrastructure. A distinctive feature of Boxopay is a convenient pricing model with charging a small amount per transaction, which is convenient for startups.
It includes the cost of equipment and licenses to work in the fintech industry. Buying a white-label online payment gateway has a number of undeniable advantages. They also offer virtual terminal abilities allowing credit card info to be input directly in a webpage form, which can then be submitted for a transaction. Though Stripe allows for a decent amount of customization and flexibility with its products, it should be noted that Stripe designs with developers in mind. That means that if you’re not the most tech-savvy business owner, there might be limitations to how you’ll be able to use Stripe’s API and subsequent tools.
That is, you almost completely reduce your capital expenses and leave only operational ones. In addition, there is a group of white-label gateways that have an orchestrator model. Their main feature is that they have many ready integrations with various acquirers and PSPs.
There is no doubt that white label payment gateways bring plenty of features to all sorts of businesses. It helps companies stand out from the rest and bring advanced technologies and multiple payment methods to their customers. Offering such services is another opportunity to promote a brand, increase its recognition, and have better control over the customer’s experience. A payment gateway is a technology 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. Before we move towards the payment gateways for white label merchant services, let’s talk about the regular ones to ensure everyone reading this is on the same page.
Our cloud-based payment gateway is versatile and adaptable, serving industries across the board and equipping businesses to tackle digital transformation challenges. Get up and running quickly with our ready-to-use full hosted onboarding experience. We handle the KYC process for you as well as allow your merchants to securely set up their payout bank information. Our one-stop self-serve portal that merchants can access via SSO and review transactions, handle disputes and chargebacks, run reports, review payouts and more. In addition, you can fully customize the branding that your merchants see. Thus, for those seeking a balance between customization and operational efficiency without breaking the bank, a white-label payment gateway shines as an optimal choice.