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 white label crypto payment gateway the name of the payment software you used. Opening of bank accounts and merchant accounts for processing of credit cards for online businesses became very complicated and time consuming.
Payment gateways help ensure the security of transactions by encrypting sensitive information, such as card numbers and personal details. And alongside other players in the payment process, they contribute to verifying transaction authenticity to prevent fraud. Payment gateways also help authorize transactions, communicating with card issuers to confirm that customers have sufficient funds to complete their purchases. The report also gives an all-encompassing review of the market trends in terms of revenue and volume. It also offers insights into important metrics such as market share, average selling price, and market concentration.
Global Vitamin B12 (Cyanocobalamin) Market Size, Shaping the Future with Forecasted Growth and Trends for 2023-2030
With our merchant dashboard, you can send, receive, or share invoices through different media channels and offer multiple payment options to your customers. Becoming a provider of payment gateway services, rather than merely a reseller, offers unique opportunities. As a provider of a white label service, you can set your own margins and become a more active part of the revenue stream.
We can refer you to an acquiring partner of our company if we know the one that would be a good fit. We do not, however, participate in financial flow per se, and this is not the service that we offer on a daily basis. Akurateco uses its 15+ years of experience in the industry to build and maintain a reliable and smooth white label gateway with an uninterrupted transaction flow. Exponentially grow your conversion with our secure and easily customizable payment page. Build customers’ loyalty with a smooth transaction flow on any device.
Global Vital Signs Monitoring Devices Market Size, Analyzing Growth and Forecasting Outlook from 2023-2030
With a traditional payment gateway, you can accept payments online for everyone who uses your platform to build and host their business website. But if you use a white label gateway, you can also enable those customers to accept credit card payments on the ecommerce sites they build. BlueSnap is a technology company that provides white label merchant https://www.xcritical.com/ services. Akurateco is a global white label payment solutions provider created by industry experts with over 15 years’ experience in fintech. It is suitable both for startup Payment Service Providers (PSPs) looking for software to run their system on and established PSPs seeking to enrich their merchants’ offerings with additional functionality.
- Like Stripe, Braintree has an advanced API that developers can use to customize checkout and payment pages.
- Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
- Decrease your time to market by relying on PayPipes as your technical partner to build additional connections within weeks.
- Launch and run your payment business with zero capital expenditures.
- A token enables the merchant’s permanent clients to make payments without entering payment details.
- It provides a thorough assessment of the competitive landscape and offers comprehensive profiling of key industry players.
Handle all your business and create unique commercial conditions for every merchant you work with through one centralised system. Provide your clients with a powerful Dashboard, giving them more control over their operations. Provide your merchants with a straightforward back office that allows running multiple businesses conveniently, having separate accounts and individual settings for each of them.
Funds are deposited on business days, excluding weekends and bank holidays. When choosing a partner for the best white label payment gateway, a business owner must realize that not all of them are created equally well. Let’s look at a few examples by reviewing the most popular companies that offer the best-quality services. In contrast to developing a payment system from scratch, white label payment solution does not incur development or maintenance expenses, saving customers hundreds of thousands of dollars. In addition to cost savings, you also experience peace of mind because the responsibility for keeping the system up and running lies with the provider.
We will summarize the key features of each company so you could choose the best option for you. Like Stripe, you may need some developer experience to get the most out of the API, but customer support can assist with more basic customization. (F) The study helps evaluate Global White Label Payment Gateway Software business predictions by region, key countries, and top companies’ information to channel their investments. (E) This report would help to understand competition better with a detailed analysis and key strategies of their competitors and plan their position in the business. Secure payment page hosted on PCI certified servers with high grade SSL encryption. Open one or more currency accounts and work same as any standard bank account.
Risk & Compliance
For example, it takes time and money to get PCI compliance validation and undergo yearly audits to reaffirm it. When you use a white label solution, you eliminate this burden, as it is the service provider’s responsibility. If you’re ready to ditch the established and antiquated system of reselling and become more involved in meeting the needs of your merchants, start looking for a white label payment gateway. It will give you the freedom to promote your own brand, and increased control over your customer experience.
However, one thing that most companies often overlook is their payment gateways. While their websites and apps are in line with the brand’s overall theme, their payment portal page looks exactly like their competitors. Maintaining your brand identity should be a proactive process followed from first contact to final payment. Merchant onboarding and compliance, customizable payment page, settlements, anti-fraud, third-party integrations and more. Enjoy our cutting-edge SaaS payment platform with multiple connectors to banks and payment methods available via a single integration. Shorten your time to market, enjoy a flexible user experience and monetize payments in your platform with our suite of pre-built hosted solutions.
Best White Label Payment Gateway Solutions in 2023
We seamlessly layer additional anti-fraud providers in front of our in-house built technology on demand, building exactly the fraud tool you need for your business. Your merchant portal gives you access to all sorts of real-time customer data. Whether it is in-depth transaction data, chargeback and refund information or acquirer performance statistics, you are in control of your payments strategy and success.
Financial reports with calculated amounts for merchant payouts are generated daily. Corefy provides you with a range of options for accepting payments both automatically and manually. Now that we have covered the main benefits of a white-label payment gateway let’s move on to its drawbacks. Depending on the complexity of the documents and the pace of contact with the technical team of the relevant payment system, the integration will take 10 to 20 business days. Each client’s specific fees and expenses are negotiated, and they depend on the volume of transactions, the product they choose, and the integration style they like.
Application operational speed is multiplied by the number of working modules. Data exchange with the system is performed through secure communication channels. Now that you are informed about how to set up a white-label gateway let’s look at its main advantages. Before utilizing the system, your team needs to undergo training to understand how to use its functionality so that it can fulfill the needs of your business in practice.
This term refers to a customizable payment processing solution that businesses can rebrand as their own. It allows them to offer payment services to their customers under their brand name (colours, fonts, style, etc) without developing the technology from scratch. A majority of white-label payment gateway providers have direct alliances with different acquiring banks and support multiple payment methods as well. Customers in 2023 will have several payment options at their disposal, and you wouldn’t want to let go of a potential customer at the payment stage just because their preferred method was unavailable.
They also provide virtual terminal capabilities that enable credit card information to be entered directly into a webpage form that can submit a transaction. White label payment gateways offer various branding options, such as customizing payment pages, using custom URLs, and tailoring customer communication. These options ensure businesses can deliver a cohesive and personalized payment experience to their customers.