The Ultimate White Label Payment Gateway Introduction for Merchant Acquirers

Specifically, it is meant for those who frequently use e-commerce websites, e-commerce software, or gaming platforms. To be clear, all these sites must accept crypto payments to function correctly, as there are different procedures when working with cryptocurrencies and fiat-only businesses. This company integrates its clients’ businesses with the Automated Clearing House network in sending and receiving ACH payments. Among Akurateco’s recent security partners is the AI-powered fraud prevention company, Fraudio. One recent example of a payment gateway is Square , which emphasizes flexible mobile payments for retail businesses.

Implement advanced fraud management tools to enable organizations to preserve profits while lowering fraud-related expenditures and administrative expenses. Security procedures and protocols must be constantly strengthened to protect sensitive information and provide safety against all kinds of new challenges. The latest security protocols must be implemented and tested with every significant white label software. Each company that wants to be prominent and satisfy its clientele should look for this type of technology.

What does label mean on credit card?

White label payment gateways provide businesses with access to multiple payment processing services. This ensures that customers have a range of payment options to choose from, including credit and debit cards, bank transfers, and other digital payment methods. With a variety of payment processing services, businesses can easily cater to the payment preferences of their customers. PayPipes was designed to simplify the management of Acquiring banks, alternative payments and risk management tools.

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 https://xcritical.com/ 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.

A. Recap of the benefits of white label payment gateways

Dashboard – Provide a user-friendly information management tool that tracks the state of all processes. Ensure it includes monitoring and providing a visual representation of all critical data. B) You must consider the processor’s adaptability for your software and business.

• One service allows you to manage balances, currencies, chargebacks and more.
• You will need to open a merchant bank account in order to integrate a payment gateway onto your website.
• In addition, the provider should have a reliable technical solution that can integrate with your existing systems seamlessly.
• This added layer of protection helps keep customer data safe from theft or misuse.
• We create technology that makes the payment process simple and invincible.
• The gateway is not directly involved in the money flow; typically it is a web server to which a merchant’s website or POS system is connected.

One of the key advantages of white label payment gateways is that they can be easily integrated with a variety of payment processing services, such as credit card processing, digital wallets, and mobile payments. This flexibility allows businesses to offer their customers a variety of payment options, while still maintaining control over the branding and user experience. Additionally, white label payment gateways often provide businesses with access to a range of payment processing tools and features, such as fraud prevention, chargeback management, and reporting and analytics. The term “white label” refers to the fact that the payment gateway is fully customizable and can 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. White label payment gateways can be integrated with a wide variety of software types, including shopping carts, e-commerce platforms, billing systems, and customer relationship management suites.

III. How Can Businesses Benefit from White Label Payment Gateways?

And while this translates into more flexibility and ability to adjust to the needs of specific customers, it also translates into fewer integrations and smaller acquiring networks. The implementation of required payment integrations might take time. In this article, we’ll look into the benefits and explore your best white-label payment gateway software options available now. Access to the platform’s processor connections and shopping cart integrations allow you to provide solutions to a broader group of merchants and service their needs.

The white-label payment gateway by Akurateco lets clients focus on their businesses’ development while their team takes care of their payments. As of May 2023, Akurateco has more than 270 integrated banks and payment providers worldwide. The system they receive is ready for deployment, so their time-to-market is much shorter than if they developed the system themselves. Fintech providers generate revenue from the first month of operating a white-label payment gateway. Generally, a payment gateway means payment software that handles transaction processing on a merchant’s website or application. We promise to help you take your merchant’s website from antiquated credit cards only to multi-currency APMs.

Enables better customer retention

This payment processing provider’s solution has real-time webhooks, diverse payment flows, and transfer types that increase use cases. Reimbursement services and wealth management companies will also benefit from Dwolla’s affordable per-transaction charges compared to typical payment processors. Akurateco’s payment processing software lets companies deploy the platform in their own infrastructure or on a cloud-based service of their choice.

Every business that wishes to earn recognition and customer satisfaction needs a white-label gateway technology. To be more precise, online shops, e-commerce software, gaming platforms are often clients of ours. If you also want to get a payment gateway, you can get started simply by telling us which concrete white-label product idea you have and we will develop and launch it for you the way you see it.

Are white label payment gateways PCI compliant?

A white label payment gateway allows companies to incorporate their own branding into an existing payment system for use on websites or mobile apps. A white label solution can help you save money by avoiding expensive fees white label payment gateways that would be incurred if you built your own custom payment system. In addition, it offers flexibility when creating new products because you do not have to worry about building out backend functionality yourself.

Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. Admin Sign-In – It is an integrated part that must be implemented for an easy sign-in and entry that the administrator of the software can use to limit or regulate the actions of other users. A) The site’s portal must provide complete backing for the solution. Firstly, it provides a wide range of instruments and modern, user-friendly interfaces for beginners and advanced users. Remember that you don’t own anything physical when you hold cryptocurrencies.