White Label Payment Processor: Build Your Own Merchant Services ISO Medium

White label payment gateways also enable businesses to extend their range of services and offer additional rewards for customers who have made purchases through their websites. This integration helps merchants increase customer loyalty and generate more sales in return. The term “white label” refers to the fact that the payment gateway is fully customizable and can https://xcritical.com/ be branded with the business’s logo and design. White label payment gateways are provided by payment service providers, which handle the payment transactions on behalf of the business. Our fully-featured online payment platform makes it easy to accept payments for your online company. Unicorn Payment is a leading provider of turnkey payment gateway solutions.

Is Building Your Own Payment Gateway a Game-Changer – Or a … – Finextra

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Our white-label solution allows merchants to gain a clear insight into their customers’ features to offer their client base a platform and service package relevant to its needs. B2B platforms can ignite engagement with intelligent payment solutions 4 Min. With our program, you’ll be able to market under your own brand, without paying costly fees! Your brand will be seen on the partner portal, marketing communications, merchant statements, and more. By joining our partner program, you’ll be able to give your current and prospective clients an easier way to bill their customers and manage their business, all while generating a steady revenue stream. This concept can apply to any product or service, and is commonly referred to as “white label” because the actual product being sold remains unchanged .

Registered DBA Program (White Label)

All financial details are kept private until after the transaction has completed, eliminating the risk of identity theft. While Stripe has been around for almost two decades, its recent expansion includes partnerships with Facebook Messenger and Slack, as well as support for over 40 languages. These integrations enable seamless experiences across various channels, allowing buyers to complete purchases quickly. The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.

Not only does it simplify the process greatly, but it also provides a ton of flexibility. Unlike some of the other options, you can choose to support multiple currencies, including Bitcoin. Also unlike some of the alternatives, you’ll find that it’s extremely affordable. Although it currently charges $0.20 per transaction plus 30c for each successful sale, it typically drops below 50c once you reach 10k monthly active users.

Private Label Payment Processing: Add a Revenue Stream With the PaySimple Partner Program

A white label payment gateway is a payment processing solution that provides additional merchant services beyond standard payment processing. It gives merchants the ability to customize the look and feel of the checkout experience, add additional layers of security, and create branded loyalty programs. It also offers advanced features such as recurring billing, fraud protection, credit card tokenization, and e-commerce integrations with popular shopping carts.

white label payment gateway solution

We support more than 100 payment options, in addition to MasterCard and Visa. The list includes all major e-wallets, cryptocurrency and local credit cards from 177 countries. The high-end technology that distributes declined transactions among different connectors guarantees a 20% increase of transaction approval rates. Our solution allows you to choose the best provider for each transaction and offers a 30% increase in conversion rates.

Payment Gateway Software by ITIO Innovex Pvt. Ltd.

In the software-as-a-service marketplace, it’s important to have an ever-evolving product portfolio. By partnering with us, you’ll be able to enhance your offering by providing your clients with a leading receivables and payment processing solution all-in-one. The best part about using a white label payment gateway is that you can switch providers whenever you like. Many of the biggest players in the space are constantly updating their offerings to stay competitive, ensuring that you continue to benefit from cutting edge technology. And since none of them require special training to implement, switching takes less than an hour. No, although Stripe offers similar payment options and functions similarly to PayPal.

  • UNIPaaS offers a suite of fully white-labeled ready-to-use UI components that can be customized to fit the look and feel of each business.
  • All online merchants that accept cards payments must be PCI DSS compliant.
  • Our sales partners earn more residual income with our 50/50 partner program than you would with our competition who claim to offer a higher percentage because thier interchange cost is higher.
  • It allows you to accept wires, Ewallet payments, crypto, and debit cards as well as international payment methods.
  • MONEI makes everything easy MONEI is a payment gateway that allows you to accept payments either online and offline.
  • Find out how we helped this international cashback service handle mass payouts and establish new integrations, equipping the company for further expansion.

These services can include recurring billing, fraud detection, reporting, PCI compliance, tokenization, and more. The transaction information is then submitted to one of the credit card networks and routed to the issuing bank of the credit card holder where the transaction is either approved or declined. The response is then transmitted in reverse back to the payment gateway where it receives the response and notifies the merchant whether or not the transaction was approved or declined. Comparing providers is also important to determine the pricing and fees for their services. 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.

How does a business use white label payments?

Most payment service providers offer checkout customization through the platform’s application programming interface, or API, which can require developer experience to use. Platforms like Dwolla or WePay Clear, which are made to be white-label, may be easier to use but can have less flexibility than payment giants like Stripe. 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 the name of the payment software you used. White-label payment service providers generally go to great lengths to ensure security and compliance.

white label payment gateway solution

While PayPal focuses primarily on consumer-to-consumer transactions, Stripe mainly serves merchants who sell items or services to other businesses. With Stripe, the buyer pays the merchant directly rather than going through a third party intermediary such as eBay or Etsy. As such, Stripe works more efficiently and cuts down on middlemen costs. Need more information on the benefits of white label payment gateway solutions?

White Label Payment Gateway Solutions

Create your own white label payment gateway and offer affordable, simple, and transparent payment processing to your clients. All you need to start offering reliable payment services to your merchants is an advanced technology that seamlessly integrates with your front-end software. Becoming a provider of payment gateway services, rather than merely a reseller, offers unique opportunities.

white label payment gateway solution

If you want to find out more about it and, perhaps, build your own solution, stay tuned. When we set up the DBA you will have access to EPX/BMO Harris for submitting merchants under https://xcritical.com/blog/white-label-payment-gateway-benefits-and-drawbacks/ your brand. If you use any other processor (Global/First Data) you will sell under the their brand name. You need to scale your revenue but you don’t know how to build software.