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. An acquiring bank is a bank or financial institution that processes credit or debit card payments on behalf of a Merchant. Recurring payments allow a merchant to charge a customer’s card for goods or services on a prearranged, recurring schedule.
- With its help, they can quickly set up a transaction processing business.
- It includes the cost of equipment and licenses to work in the fintech industry.
- The platform offers a wide list of features for online payment automation.
- Funds are deposited on business days, excluding weekends and bank holidays.
- The dashboard setup takes up to 5-7 days as long as the connectors are integrated.
Besides, merchants can use different transaction types depending on the business’s needs. For instance, Ikajo offers payment transaction & cancellation, payouts (which is great for the gambling industry), recurring payments & subscriptions. The latter manages all transactions automatically once the customers set time intervals and agree to the fee structure. When choosing a partner for the best white label payment gateway, a business owner must realize that not all of them are created equally well.
Might need a separate processor for in-person options
In this article, we will explore what a white-label gateway is, who it can be useful for, and how to choose the best solution available on the market. Our hosted checkout solutions allow you to instantly start accepting payments including Apple Pay and Google Pay and lower your PCI compliance scope. In addition, you have the flexibility to define the look, feel and styling and use Powered By Chase branding to add instant credibility to your payment processing capabilities. Navigating the legal and regulatory waters of online payment processing can feel like a maze. That’s where your white-label payment gateway provider comes in, shouldering the responsibility of compliance with standards like the Payment Card Industry Data Security Standard (PCI DSS).
By purchasing this solution you will get a ready-to-use product that just needs to be outfitted with your own design. The software has all the necessary features and can be customized to suit your business needs if required. We’ll look at this solution in more detail later, but for now, let’s focus on the advantages and disadvantages of white-label payment gateways. White label payment gateways commonly incorporate advanced technologies, such as intelligent routing and cascading, fraud prevention, automated merchant onboarding, and more.
Start Your Own PSP Business
The White Label Owner can provide the Customer Support themselves or transfer the support role to our company. Our referral solution was created mainly for White Label sales representatives, individuals who want to expand the Owner’s business. The referral program allows such individuals to earn from each business brought to the White label platform. The White Label architecture is designed to support your business wherever you are.
If you want control all activities from merchant activation to transaction analysis, our white label payment solution is what you need. White label payment gateway gets you online with a scalable technical infrastructure that we enhance and maintain for you. Benefit from having an advanced ready-made payment gateway and a team of payment experts at your service. Cardstream provides White Label Payment Gateway solutions for software companies, Acquirers, Payment Service Providers, Independent Sales Organisations and other value added service providers. The powerful Open Payment Network manages the whole payment process across different countries.
No more blind spots in business operations
A tie-in white label documentation will grant the necessary assistance and guidance for newcomers. Our one-stop self-serve portal that merchants can access via SSO and review transactions, handle disputes and chargebacks, run reports, review payouts and more. In addition, you can fully customize the branding that your merchants see. Thus, for those seeking a balance between customization and operational efficiency without breaking the bank, a white-label payment gateway shines as an optimal choice. This nifty technology makes online shopping an absolute breeze for your customers.
Its potential unleashes the best as your business grows and goes global. We establish connections with APIs of payment providers and acquirers globally and ensure their security, integrity, and stability. Shorten your time to market, enjoy a flexible user experience and monetize payments in your platform with our suite of pre-built hosted solutions.
Brand Resources
Most providers also pledge robust technical assistance during the integration process, ensuring smooth operations. Customization options include color, font, shapes and brand logos, plus the option to use your business URL instead of Stripe’s so customers aren’t redirected during checkout. Enter new markets, achieve rapid growth by scaling your services globally, and deploy payment workflows quickly and efficiently.
Whether you’re starting a new payment gateway, scaling your current system, or seeking efficient payment orchestration, we provide the tools and technology to meet diverse business requirements. This is not just about comparing the costs Complete Record Of Top Crypto Taps of a white-label payment gateway with the costs of an in-house solution. White-label payment gateways can offer tremendous benefits for businesses that thoughtfully choose a solution that fits their needs and aligns with their goals.
Transactions status management
Make the most of our best-in-class integrated payment solutions and easy-to-integrate APIs. In addition, there is a group of white-label gateways that have an orchestrator model. Their main feature is that they have many ready integrations with various acquirers and PSPs. This is a good feature if you are a merchant who wants to make your own gateway or if you want to become an orchestrator. Such systems are better suited for big merchants and ISO/MSP, but they can’t meet all the needs of a certain group, such as acquirers. As you can see, buying a white-label payment gateway has a lot of advantages.
We gave the first cryptocurrency exchange in the Eastern Europe region a single place to manage its operations and provide payment services to other businesses. For example, there are gateways that are complex and cover several different products. There are omnichannel gateways that cover several niches or provide functionality for both e-commerce and in-store POS acquiring. However, if you focus only on e-commerce acquiring, it’s better to choose not complex solutions but ones that are specifically targeted to e-commerce.
We started off as developers for foreign companies and later became an expert in white label payment gateway solution development. Today we are proud to work with Acquirers and PSPs from the EU and CIS. Simple integration processes with white label payment gateway solution and automated administration for fast merchant onboarding. Cardstream’s White Labeling service provides a full suite of products tailored to build your unique payment experience. Our integrated software offers a seamless customer experience by using direct integration, hosted forms, developer-friendly API and specified plug-ins, managed via our Partner portal.
Entrepreneurs often complain that they lose a lot of cash due to chargebacks. Refunds are a unidirectional payment in which customers use goods and administration for free, announcing false accusations against the business to their FIAT Credit Cards organization. The White label Owner can connect as many employees as necessary to the platform. Additionally, the Merchant can give access to each of its stores’ representatives to the platform without fear of non-sanctioned withdrawals.