What is White Label Credit Card Processing? The Future of Payment Processing is Here!

Look for providers that have been in the industry for a long time and have a track record of successful projects. It takes a lot of time and effort to build your own payment gateway. It involves choosing the payment server, integrating white label payment gateway with a processor, creating a customer database, and implementing legal and security requirements like tokenization, EMV, and PCI DSS. Keep in mind that payment gateways alone won’t guarantee the success of your online business.

The end solution is a ready-to-market product which is already polished for you to brand and market without having the growing pains and headaches. Google Pay is a digital wallet that makes it easier to interact with payment gateways. Instead of carrying around a credit or debit card, users can store encrypted card data on their phones, allowing them to safely pay without having their cards present. The architecture of a payment gateway https://xcritical.com/ will differ depending on whether it is an in-store gateway or an online payment portal. Online payment gateways will require application programming interfaces that allow the website in question to communicate with the underlying payment processing network. In-store payment gateways will utilize a POS terminal that connects to the payment processing network electronically using either a phone line or an Internet connection.

  • Here is a list of our partners and here’s how we make money.
  • The gateway may be prohibitively expensive if you do not require white label services.
  • For instance, retailers can create professional-looking invoices and track item inventory.
  • Skip the challenging search for such a payment solution by relying on Paytm for Business.
  • Ensure that the provider sells all of their gateway services directly to merchants—this should include the full breadth of services, including customer support and fraud prevention tools.
  • No secret that large enterprises have to offer more than one payment method.

Moreover, we listed the best payment gateways so you can decide which one is right for your business. Various payment options are available, including recurring payments, invoicing, credit or debit card payments, and contactless payments. PayPal’s merchant fees depend on your location, payment methods accepted, and currency. If you use PayPal Online Card Payment Services, for example, the transaction fee goes from 2.59% to 3.09%, plus a fixed amount. Here’s an overview of how a payment gateway works during online payments.

Square can often terminate a merchant account when problems arise with third-party payment processing without adequate explanations. After understanding the difference between a payment processor and a gateway, it’s also important to know the different types of payment gateways. If the processor focuses on card-present payments, a payment gateway enables merchants to accept payments where a card doesn’t have to be present. Integrating a payment gateway into the existing brand’s website or application can be difficult, time-consuming, and expensive. The white label option is easier to implement and allows business owners to save resources. White label payment gateway gets you online with a scalable technical infrastructure that we enhance and maintain for you.

C. Benefits of white label payment gateways for businesses

Given the frequent changes in regulations occurring more often than one would hope, constant interruptions in payment acceptance are inevitable. This would never be an issue for merchants using Cashier service since the technology vendor here ensures a variety of connectors. White-label payment gateway providers lease their technology directly to merchants, payment providers, or resellers. Typically, there are two main integration types – HPP and API and a variety of payment methods. From simple payment acceptance software developers to market professionals whose products and services are used all over the world. Payment companies, from startups to large companies, use our software, tools, and services to process and manage their online merchants’ transactions, as well as to protect their businesses.

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. If you help to build online businesses—particularly ecommerce businesses—for aspiring entrepreneurs, you’ll need a way for your customers to easily process payments. White label casinos and gaming platforms are a popular example; businesses build online gaming platforms and then rent or sell them to entrepreneurs for profit. There are many benefits to being able to offer a service like this one. It can help expand your customer base and your brand, and it can help you build real relationships with your customers.

You may benefit from the original payment gateway by using a white-label payment gateway. However, you smartly reduce the cost while keeping the benefits. A payment gateway’s accreditation, system upgrade, code test, and update are all critical. If you’re looking for a quick way to brand and advertise your goods, employ polished ready-to-market items that are already impressed and marketed. An eCommerce online shop is a gift from digital technology to brick-and-mortar store shopkeepers. Due to the internet, small businesses and start-ups are no longer geographically confined.

This is a “dream come true” functionality for large businesses. Thanks to the cascading feature, merchants see a decrease in the number of declined transactions. Cascading distributes transactions not accepted by the bank between multiple channels increasing the approval ratio. Each payment gets a real-time check by over 100 parameters. One-time and recurring payments get different verification scenarios for customers’ convenience.

Why NOW is the right time to review your companies payment infrastructure — Axcess Merchant Services

You can think of a payment processor as a communication intermediary. It’s the service responsible for sending messages between your business, your customers, the customers’ bank accounts and your bank account. Once credit card information is submitted, the payment gateway sends it to the payment processor for verification.

white label payment gateway meaning

But a white label gateway takes things one step further by allowing you to offer these same services to your own customers. White label payment gateways provide businesses with access to digital wallets and mobile payment options. This feature is particularly useful for businesses that want to offer their customers a convenient and secure way to pay for goods and services.

How Payment Gateways Work

White Label Payment Gateway Platform provides state of the art, white label payment gateway solution – essential infrastructural component in the card-not-present industry. 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.

white label payment gateway meaning

Customer credit card information is verified by a payment gateway using eCommerce-specific technology. Online retailers can only accept customer credit or debit card payments with a payment gateway. Is a white-label payment service that integrates your business with the Automated Clearing House network to send and receive ACH payments. The software, when integrated with your online website, can be fully customized to match your business’s branding. The price of setting up a payment gateway depends on the payment service provider.

Innovation in Financial Services

The term includes not only the physical card-reading devices found in brick-and-mortar retail stores but also the payment processing portals found in online stores. However, brick-and-mortar payment gateways in recent years have begun accepting phone-based payments using QR codes or Near Field Communication technology. Several businesses make use of the white label payment gateways.

In this case, potential problems like PCI compliance remain on your shoulders if you’re a payment processing provider, and you’re usually stuck with what the other company has to offer. You can customize the look and feel for your users, but outside of that, there isn’t a lot of customization to be done. 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. Payment gateways also provide businesses with access to a wide range of payment options, which can help increase sales and revenue. Apple Pay is a fast and reliable payment gateway solution designed for mobile payments.

white label payment gateway meaning

It improves your customer base by providing the method to accept local payments. Paytm Payment Gateway comes with a host of features that make it worthwhile for you to consider it for your online business. Selecting the right payment gateway for your business is integral to ensuring its growth in the current fast-paced environment. They’re beneficial for a variety of businesses and can help one skyrocket his revenue with top-of-the-class functionality.

User Friendly UI Design

Both a checkout page and its protocol were at the top of our “Upgrade” list. We wanted to ensure a smooth and uninterrupted checkout experience for the users of our system. Therefore, we utilized cutting-edge technologies to create a fast and well-functioning payment page on the server’s side. Moreover, we put an extra effort into building a system with simple aggregation of all the necessary payment methods.

Paytm Subscriptions 2.0: Enable Recurring Payments with UPI AutoPay

Along with that, you have to start building and designing databases for your payment system. Open one or more currency accounts and work same as any standard bank account. Receive, store or send money via SEPA or SWIFT bank transfers. Once funded, shoppers can use eWallets online to buy goods or services from Merchants using the eWallet system.

Offer a Comprehensive Solution with Card Payments Processing.

Besides, merchants can use different transaction types depending on the business’s needs. For instance, Ikajo offers payment transaction & cancellation, payouts , recurring payments & subscriptions. The latter manages all transactions automatically once the customers set time intervals and agree to the fee structure.

You’re our first priority.Every time.

White label payment gateway solutions for Payment Service Providers, Acquirers & Merchants to use under your own brand. Our independent platform enables businesses to operate immediately using your own brand, logo, and identity and clearly differentiate themselves from the competition. At White Label Payment Gateway, we offer ample partnership opportunities from co-branding to a full white label payment gateway. We can help you with a start-to-finish answer for building up your portable wallet business and making it climb the steps of achievement. 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. A white label payment gateway is a personalised form of payment solution that allows businesses to bring their brand into the picture while accepting payments online.


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What is White Label Credit Card Processing? The Future of Payment Processing is Here! 0
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