For a company or brand to thrive and grow, partnering with the right payment gateway is essential. Software or apps that integrate payments are appealing to plenty of business owners. Both parties can be protected with online payments, and the client base can be expanded nationally and internationally.
Here is a look at a white-label payment gateway, its peculiarities, and how to choose the most suitable partner.
Table of Contents
How do white-label payment gateways work?
The first thing we need to do is define this term. Payment gateways that allow businesses or brands to process payments using their official names while utilizing third-party services are known as white-label payment gateways. Simply put, a company puts its logo on the customized solution.
Is it necessary to have a white payment gateway, and how do I get one?
Brands and businesses need such technology for a variety of reasons, including:
- Flexibility
- Customer satisfaction
- Cost-effectiveness
- Brand recognition
System providers, gaming platforms, eCommerce software, and online stores often use services like these. Online payments should be considered by any company that wants to accept payments online. You can get started very quickly. It would be best if your company would select the most reputable and suitable partner in order to get the services that you need.?
When selecting a business that has these services, take these factors into consideration
There are a couple of things you should consider before using this method.
- PCI Compliance Validation. Customer information is entirely accessible to the payment gateway. To ensure PCI compliance, it’s essential to verify it.
- Development time. Even though the technology is not very complex, setting everything up takes more time than it should.
Here are the pros and cons of the top options on the market
Business owners should be aware that not all white-label payment gateway partners are equal.
Akurateco
The purpose of this site is to provide white-label payment platforms to a wide range of companies. In addition to fraud prevention and high-end invoicing systems, the company provides data analysis tools, management tools, and white-label payment gateways. All payment gateways are customized to meet the specific needs of each client.
The advantages are:
- Fraud can be prevented, and suspicious activities can be blocked with such a payment gateway.
- You can customize the payment page with the content you want.
- Business owners offer payment gateways under their names.
- A business can expand through this opportunity.
- Most alternatives are more expensive than this technology.
In addition to its benefits, this system has some drawbacks as well. A few of them are:
- Issues can arise when many companies use this hardware at the same time.
- A limited number of customization options are available.
Ikajo
The Ikajo platform supports over 100 payment methods and more than 150 currencies in addition to the main card payment types.
You don’t need to worry about security. Over 100 parameters are checked on each payment in real time. Different verification scenarios are available for one-time and recurring payments to suit customers’ needs.
Fraud and chargeback prevention software is included with the services of this provider.
Moreover, merchants have the option of using different transaction types depending on the needs of their business. Once the customers specify the time intervals and fees, the latter manages all transactions automatically. (Ambien)
PayPipes
With PayPipes, the payment gateway can be branded and customized to match the company’s brand and color so customers can navigate easily, regardless of where they are located or what payment channels they use. Financial professionals can use the payment gateway to process business transactions for customers who open bank and business accounts.
Compliance is significantly reduced with PayPipes. This helps to ensure that you are not getting costly security assessments on your site to provide customers with an outstanding transaction experience.
UniPay Gateway
Our UniPay White Label Payment Gateway helps businesses simplify and reduce PCI compliance requirements by entirely hosting the solution in our environment.
In addition to gaining greater control of transactional costs, companies choosing this option can also improve efficiency. Therefore, it is the best choice for businesses with more control, lower fees, and options not offered by Payments as a Service.
Designed for businesses interested in monetizing payments through their software platforms or providing payment services to their portfolio companies, this model was developed for businesses interested in monetizing payments through their software platforms.
PaySpace
Through its payment gateway, the company provides a robust anti-fraud system. Scammers and fraudsters cannot access their clients’ businesses because of this defense.
A chargeback management tool is also included in PaySpace’s fraud and chargeback protection to ensure that if ever a “friendly” chargeback occurs, it will be resolved in the client’s favor.
Both subscriptions and one-time purchases can be made with Direct Operator Billing in 80 countries.
Don’t hesitate to contact us if you want more information about our payment gateway solutions.
?
