The Ultimate White Label Payment Gateway Introduction for Merchant Acquirers

3.49% plus 49 cents for Venmo (U.S. only), transactions in non-U.S.

However, you must first submit a request for authorization to activate the integration. Once approved, you can immediately generate invoices and collect payments. https://xcritical.com/ On the flipside, integrating stripe involves creating a separate, dedicated application that handles all the complexities involved with collecting payments.

White Label Payment Gateway – Getting Started

You can design a white-label product of your dream and solve all your problems in a few clicks. This way you can save your time and effort but will still get a customized white-label gateway for your business. White label payment gateways usually come with white label payment gateway a core set of standard features, including plugins, SDKs, recurring payments, routing, and in some cases, invoicing. Of course, Spell has all of these features, plus numerous other unique features that empower partners to optimise and scale their business.

If you are using a white-label-payment service, you can rebrand the solution the way you see it and use your logo on it, so that your customers will not doubt the authenticity of the payment services. This can help you increase customer loyalty and uniquely respond to every client’s needs. Of course, behind the scenes is a powerful back office, which is no less important to run the successful white label credit card processing solution. Now let’s take a closer look at why Spell is the best white label payment gateway on the market for your business. A license for a payment gateway software product is acquired and the code can subsequently be changed to reflect whatever branding the licensee has.

Ensures a great level of security

We gave the first cryptocurrency exchange in the CIS region a single place to manage its operations and provide payment services to other businesses. As the number of available white-label payment service providers grows by leaps and bounds, it might be challenging to find a trustworthy one. The term “white label” means legally reselling the product or software created or developed by a third party. In other words, a company integrating a white-label payment system can legally place its branding on the software and resell the system as its own without having to spend money on its development and maintenance. The development of a payment gateway can cost your business a real fortune.

• In the meantime, the merchant gets to enjoy all its benefits without worrying about the tech aspects of the gateway.
• However, we should look at the basic notions first to understand how it works and why it’s needed.
• In this article we’re going to go through what exactly a white label merchant is, as well as some other common questions about these types of solutions.
• We need on average from several days to 1 month to provide you with administrator’s access to your card payment acceptance and processing system.
• Within this instance, thanks to your specific settings, the user experience is customized according to your requirements.
• From the moment we signed up until now, we’ve had a pleasant interaction with the team.

Private label credit cards are very rare and usually come with higher annual fees than standard bank accounts. The main benefit over a regular credit card is that you won’t incur additional charges every month when making payments. For instance, if you were previously charged $10 per transaction, then you wouldn’t have to worry about adding that amount onto your statement ever again. Instead, you’d simply add whatever fee you agreed upon during setup. In fact, since these cards typically come with lower interest rates, you might end up saving thousands of dollars in total over years of usage!

D Secure verification

For example, UniPay Gateway payment solution by United Thinkers is available in both hosted and licensed versions. If you are a startup company, your processing volumes are not very large, and the feature set you need is more or less standard, hosted version might be the best option for you. However, as your volumes grow and your needs become more sophisticated, you can take the whole solution in-house as a licensed product with open source code. Thus, you will get a white label payment solution with unlimited potential for customizability. And your first payment solution will be the only one you will ever need. You become more competitive in your business niche by offering payment processing services to your customers under your own brand.

With the smart routing engine, you can route payments to PSPs and APMs with ease. We integrate payment providers and acquirers all around the world to bring a unified communication, control, and management interface. In a nutshell, white-label payment gateway software is a payment system developed by expert third-party providers. Merchants or agents usually use or resell this system as their own by completely changing the system’s branding to match corporate style guidelines (hence the “white label” notion).

Who do they Partner with?

A quick survey of the basic features offered by these platforms will help to see what is more suitable for your business. However, we should look at the basic notions first to understand how it works and why it’s needed. While you get the credit for a solid state-of-the-art payment platform, you don’t have to invest in its development. White Label Payment solutions are fully hosted in our environment to help businesses greatly reduce and simplify PCI compliance requirements. An ever-growing number of independent sales organizations are vying for merchant sales. You have ultimate control over your customer relationships, which means you can determine how the gateway technology will be sold and serviced.

Though it may take developer experience to take full advantage of the tools, Stripe can be completely branded to match your website. In addition, the provider should have a reliable technical solution that can integrate with your existing systems seamlessly. They should have the necessary tools and resources to monitor and manage transactions in real-time, and provide you with regular updates and reports. Comparing providers is also important to determine the pricing and fees for their services. Make use of the comparison tools above to organize and sort all of the white label payment gateways products available.

How Contactless Payments Impact Global Health and the Environment

Onboarding of merchants is simple thanks to IXOPAY’s quick integration times and simple plugins. IXOPAY has a 24-hour service line that offers client support whenever needed. Need more information on the benefits of white label payment gateway solutions?

What Types of Users Use White Label Payment Gateways?

PayStudio helps you with growing your online business by delivering your products and services to your customers. We’ll introduce you to the system and answer all of your business-specific questions before the launch. PayStudio Payment solutions help to expand and accelerate your businesses to their fullest potential no matter which industry you are in. We provide support and consulting on business matters as well as risk monitoring on merchants’ requests during business hours. This is the best option if you want to process payments under your own brand with a custom solution while saving on payment transaction fees. Businesses can explore white label payment gateway solutions by partnering with a payment service provider that offers white label payment gateway services.