Given these advantages, white label payment gateways are quickly becoming one of the most popular solutions for businesses looking for an easy and cost effective way to accept payments from customers worldwide. Whether you are launching your own banking or e-wallet or you want to seamlessly embed FinTech solutions into your product, Crassula Banking will get you covered. Telecoms, retailers, and crowdfunding companies that would like to open financial accounts for customers.
How Payment Gateway Provider Can Reduce Software & Infrastructure Costs by 50% With Akurateco The online payment industry is booming and will remain at its peak for a long time to come. That is why now is the right time to start and develop your own payment gateway business. The development white label payment gateway of a payment gateway can cost your business a real fortune. Hiring a team of payment and technology experts to work on the system can become a financial burden your business simply can handle at this stage. If that’s so, opting for a white-label solution can be the way to go.
Top Benefits of a White-Label Payment Gateway
Updating, upgrading, and innovating are all on the technology vendor. 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. It’s worth mentioning that our payment traffic has multiplied several times since we started with the platform, and it easily fulfils our needs as we scale and enter new geographies. Design a tailored transaction process for all sub-entities and manage them independently from a single access point.
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. 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. Integrating a payment gateway into the existing brand’s website or application can be difficult, time-consuming, and expensive.
Enable key global merchant customers who want connectivity in markets you don’t currently support. Our payment gateway services provide your merchants with an all-encompassing payment strategy for their business. Take advantage of a multi-layered defense against fraud that uses advanced analytics and innovation to reduce fraudulent charges. A white label payment gateway is a gateway that has partnered with multiple merchants to offer its services. A white label payment gateway offers many benefits to its merchant partners, such as allowing the partner to have their branding on the login and website pages. In addition, it allows merchants to work with more providers that would otherwise be too tedious to maintain relationships with.
White Label Payment Gateway
Therefore, Verified Payments endeavors to develop a wide range of home and international payment options to cover all business needs. Here are some more advantages of using a white-label payment gateway. But remember that their services and the system are more fine-tuned to high-risk merchants leaving some of the needs of the low-risk ones unmet. So, when choosing a white-label service provider, make sure it caters to the businesses you work with . PCI compliance besides implementing various fraud prevention and protection measures.
They give great support and provide with all necessary information from the first day of work. From the moment we signed up until now, we’ve had a pleasant interaction with the team. Also, they helped a lot with setup and onboarding at the initial stages. Thanks to the professional team, we launched very quickly and had our first live transactions in less than three weeks.
It’s the simplest and cheapest way to start making money on your site. Moving money with ease Move your money online transparently and securely — no paperwork or compliance when accepting payments to start a business. Integrating MONEI as your payment gateway will help you boost your conversion rates. Insanely Simple We designed MONEI in a way that anyone can use it.
- Because white label payment gateways are designed to be scalable and adaptable, businesses can choose the features and services that they need and pay only for what they use.
- With a robust API, PaySimple is a trusted technology partner for payment integrations; natively handling cashflow within SaaS products and mobile applications.
- In this article we will remind, when it makes sense to implement a white label payment gateway and how to benefit from it.
- You’ll also want to make sure the solution is cost-effective and offers modern APIs and SDKs that ensures a quick and seamless integration.
- White label payment gateway providers offer businesses the ability to integrate with third-party services.
- Becoming a provider of the white label payment gateway services instead of being a reseller has its own benefits.
Your brand will remain in the forefront in both reporting interfaces and customer support. Payment gateways partner with merchant acquirers and ISOs for reselling the payment gateway services to other merchants. An ISO or merchant acquirer is a company that sells merchant services and employs a sales team for promoting their services to merchants. Payment gateways include interfaces and tools through which the merchant collects the information of the credit card transaction from the customer.
Do they have anti-fraud and chargeback prevention controls in place? One of the most important things to consider before you choose a white-label payment partner is the level of customization it offers. This is crucial because you’ll need to have full control over the branding.