Supercharge Your Business With White Label Payment Gateway

However, one thing that most companies often overlook is their payment gateways. While their websites and apps are in line with the brand’s overall theme, their payment portal page looks exactly like their competitors. Maintaining your brand identity should be a proactive process followed from first contact to final payment.

As a technology provider, Akurateco does not require you to be licensed to be able to use our gateway. However, to successfully run your business, you should comply with the requirements of your regulator and acquirer in everything related to documents. In case you work as a Payment Facilitator and process funds through your accounts, your acquiring bank will require a financial license in https://www.xcritical.com/blog/white-label-payment-gateway-benefits-and-drawbacks/ most cases. However, if you work as an Introducer with your acquirer or in case you are a merchant using our gateway to orchestrate payments, a license is not required for your type of business. We can refer you to an acquiring partner of our company if we know the one that would be a good fit. However, we do not participate in financial flow, and this isn’t the service we offer regularly.

What does a payment gateway do?

By leveraging a white-label payment gateway, they can achieve their aim. PayPipes brings you a technical solution to setup a payment gateway with your company brand and color for seamless customer journey regardless of the payment channel or country. It is designed for EMIs, PSPs, ISOs, VARs and others https://www.xcritical.com/ that offer payment services to their merchant customer base. White-label payment gateways help businesses improve their payment experience and reshape the way they conduct online transactions. Below, we’ll explore this technology and provide insight into the advantages of white-label payment gateways.

For instance, you can customize the user interface to provide an easy and intuitive payment process, reduce friction, and increase conversion rates. You can also integrate the gateway with your business systems—such as CRM, ERP, and accounting software—to streamline operations and improve data visibility and accuracy. Businesses are increasingly looking for ways to differentiate themselves, streamline processes, and enhance the customer experience. One key area where these objectives intersect is payment processing. We believe everyone should be able to make financial decisions with confidence.

Control and customization

This stage happens once its clients agree to the fee structure and set time intervals. This company integrates its clients’ businesses with the Automated Clearing House (ACH) network in sending and receiving ACH payments. Being among the best white-label payment gateways, Akurateco’s software integrates with over 270 banks and payment methods.

• Its direct operator billing solution is available across 80 countries and can be used for both subscriptions and one-time purchases.
• You can start with a white-label instance, and if you eventually decide to implement your own instance, you will always be able to acquire your own license.
• Online merchants can utilise Intelligent Transaction Routing to set custom and effective transaction routing rules to increase the success rate.
• One-time and recurring payments get different verification scenarios for customers’ convenience.
• Work effectively with any type of financial institution, including Merchants, PSPs, ISOs, Agents, and Marketplaces.
• Or you can use our White Label Merchant Back Office combined with your payment gateway.

The answers to these questions will help you determine whether a white-label payment gateway is the right solution for your business—and if so, which features and capabilities you should look for. Customers need to trust that their sensitive data is protected, and businesses need to comply with rules and regulations, such as PCI DSS, GDPR, and PSD2. These rules and regulations can often be complex and burdensome to comply with while building payments infrastructure, but compliance is necessary to avoid hefty fines and reputational damage.

Enhance Your Business with Our Customized Payment Gateway Solution

Payspacemagazine.com is an expert resource for FinTech and e-commerce, start-ups, payment systems, online payments, traditional and alternative currencies worldwide. A token enables the merchant’s permanent clients to make payments without entering payment details. One-time link to the payment page, where the amount, payment details and payment description are
entered in advance. It is perfect for small size internet
shops with relatively few monthly payments. Merchant gets a safe ready-made payment page and redirects buyers for making payments.

Payment services that offer brick-and-mortar payment processing tend to be less individualized, so businesses might have to compromise or choose a separate option. A streamlined, intuitive, and secure payments infrastructure is a baseline expectation of modern customers. Akurateco is a cutting-edge European-based global provider of white-label payment software.

White Label Payment Gateway: More Pros and Less Cons

Generally, a payment gateway means payment software that handles transaction processing on a merchant’s website or application. Ikajo is processing main card payment types as well as various alternative options and supports over 100 payment methods and more than 150 currencies. Let’s get to know more about a white label payment gateway, peculiarities, and how to pick the best partner. Redirecting to a third-party payment gateway raises questions and suspicions for several users when customers are trying to make online payments. This is particularly applicable to customers who have come to your website for the first time and need more clarification about the site’s credibility. This could be one of the most significant reasons you face high cart abandonment rates.

Stripe’s most significant advantage over its competitors is its international payment features. Merchants will benefit considerably if they are shipping products to different countries. Furthermore, if there is a bank or payment method you’d like to add but are not yet in the system, Akurateco can quickly and hassle-free develop new integrations on request. Akurateco is an agile company that offers Payment Team as a Service to deliver more customized human-powered support. The white-label software is employed and audited according to the latest security standards.