As a payment service provider who uses an out-of-the-box payment solution, you are dependent on the software vendor in terms of technology, scalability, and future growth. Additionally, you will store all of your data on their platform, which makes it challenging to move to another payment solution if needed. That is why it is crucial to choose a payment gateway provider that fulfills your requirements, has a solid reputation on the market, and a customer-oriented approach.
The white label payment gateway ensures that you and your clients are protected from chargebacks. We offer a built-in 3-D secure support module, the official VISA and Mastercard protocol for card holder authentication. A white-label payment gateway, without a doubt, holds the top spot in the online payments industry.
Using Payment analytics and insights to grow your business
WLPayments’ Payment Orchestration Platform is the trusted payment orchestration platform that allows merchants to take control of their payment flow through the multi-acquirer set-up. Online merchants can utilise Intelligent Transaction Routing to set custom and effective transaction routing rules to increase the success rate. Real-time In-Depth Reporting data facilitates better decision-making, while Automated Reconciliation ensures no transaction is left unmatched between acquirers. When selecting a white-label payment alternative, search for a key that easily integrates with your current systems, such as your e-commerce platform or accounting software. Make sure the gateway provides well-documented APIs and SDKs that enable smooth integration.
A token is a specific identifier with which the card number is replaced. Application operational speed is multiplied by the number of working modules. Data exchange with the system is performed through secure communication channels.
Reliable And Timely Support
It is the main difference between a traditional and white-label payment gateway. Same-Day Deposits are available to eligible merchants of software platforms with a 5PM PT cut-off time for payments processed on WePay. All transactions are subject to WePay terms of service and exclusions therein, including risk assessment and fraud monitoring, which may result in delays. Funds are deposited on business days, excluding weekends and bank holidays. WePay offers a white-label payments integration on top of its standard payments platform. The Clear service helps businesses integrate WePay into their websites and checkouts without redirecting customers.
If your customers would benefit from receiving payment processing capabilities as part of your service, a white label gateway might be for you. Launch and run as a white label payment processor with zero capital expenditures. Software development, infrastructure maintenance and technical support are on us.
Things to pay attention to when choosing a company that provides these services
Traditional withdrawals securely send your payment card data to a payment processor for authorization whenever you make a purchase online or swipe your card. The transaction info is then sent to credit card networks, which forward it to your bank. These alternatives have various tools and interfaces that allow merchants to collect transaction info in different ways, like through APIs for websites, business software, and mobile apps.
- For instance, enabling a direct transaction between a merchant and a customer.
- This all is possible while relying on high-quality payment solutions.
- When a customer makes funding, the payment gateway securely processes the transaction and transfers the funds to the business’s merchant account.
- With over a hundred alternative payment methods, it presents an excellent portfolio of payment options.
- With white label solutions, businesses can customize the checkout page with their own branding so that customers will see the company’s name as they complete their purchases.
This is quite an essential factor when selecting a whitelabel payment gateway for your business. Real-time reconciliation helps match business’ income and expenses instantaneously, eliminating the risk of errors or misses due to human intervention. Whitelabel payment gateway helps you avoid such tedious efforts and saves time and resources, which you can otherwise use to enhance customer experience. To give you an example, ABC Fashion uses Cashfree Payments as its payments partner. However, unlike in conventional cases where the payment gateway places its logo on the payment page, in this case, ABC Fashion choses to use its logo, brand colours etc throughout the payment cycle.
Revolutionizing Online Payments: Say Goodbye to Setup Fees with Our Game-Changing Payment Gateway
Let’s discuss the pros and cons of using a White-label payment gateway to pay the bills. 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. You can find more information about our white label payment gateway setup in one month. PayBito’s white-label payment gateway offers advanced tools to support businesses in the battle against fraud.
It wouldn’t be surprising since the product is highly demanded in electronic payment processing. When choosing a partner for the 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 best-quality services. Businesses like online stores, e-commerce software, gaming platforms, and system providers often use such services. Every company that wants to accept online payments should consider getting them. Just pick the most suitable and reputable partner and get the wanted services.
Perks of White Label Payment Gateways
Everything within the payment system can be branded to match your company, from payment page and admin panel URLs to logos, buttons and reports. Expand your business into new international markets by offering cutting-edge technology fine-tuned to the needs of a whitelabel payment gateway specific niche. 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.