Due to white label platforms versatility and comprehensiveness, they may lack customisation tools and tailored features. Purchasing hardware security modules, tokenisation appliance, or both to enable secure card transactions and encrypted cardholders’ data storage and transfer. Benefit from eliminating chargebacks and have the freedom to choose the provider for each transaction depending on authorisation rates or fees. Run your own scalable and competitive payment business saving up to 70% in development and operational costs. It’s worth mentioning that our payment traffic has multiplied several times since we started with the platform, and it easily fulfils our needs as we scale and enter new geographies. Therefore, whichever option you choose, you will never outgrow us. 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. Furthermore, we will help you migrate all your data and servers into your own data centers.
Enables better customer retentionFlexibility is a fundamental principle of the Paymentech industry. So, present-day payment software companies are striving to develop robust and flexible payment solutions. While long-established large providers stick to standardized offerings, these companies develop solutions, that are highly customizable and come in different flavors. Need more information on the benefits of white label payment gateway solutions? Payment page customization can also help businesses increase their conversion rates by providing a seamless checkout experience. Get the most from your business model in an ever changing market with white label payment software. IXOPAY’s payment orchestration platform is available as a white label payment solution, enabling payment facilitators to grow while saving time and money on development. Our strong technical platform works as the backbone of your business; allowing you to focus on business relationships, on-boarding new merchants, managing risk, and ensuring regulatory compliance. One of the primary benefits of white label payment gateways is that businesses can customize the branding and labeling of the payment gateway to match their own brand.
B. White label vs. traditional payment gatewayIn addition to its large suite of features and add-ons, the platform is highly customizable through its sandbox API and developer tools. Though it may take developer experience to take full advantage of the tools, Stripe can be completely branded to match your website. We believe everyone should be able to make financial decisions with confidence. To ensure a smooth payments experience for your customers, look for a payment platform that has a strong and long-term relationship with sponsors or acquiring banks. This will ensure that payments are swift and go through successfully, more often than not. One of the biggest benefits of partnering with a white-label payment processor is that it gives ISVs the opportunity to create an additional revenue stream by expanding their offerings. You will want to look for not only a team of experts, but also an agency of agile professionals that can fit in with your culture. As a service provider, they will have full access to sensitive customers personal information. And for that purpose, a company you are choosing to work with should be compliant with the standards set for while label companies.
How to choose a white label payment gateway?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. A startup or a small-size business, usually, has more or less common set of needs. Standardized service packages, offered by large third-party payment solution providers, are, usually, capable of satisfying them. Yes, most white label payment gateways are PCI compliant, which means they adhere to the Payment Card Industry Data Security Standards to ensure the security of customer payment information.
- To learn how you can fully own and monetize the payment experience while enhancing the capabilities of your platform, contact us today.
- The provider should have a responsive and knowledgeable support team that can assist you with any issues or questions you may have.
- Integrate powerful technology to capture more revenue, increase transaction approval ratio, and prevent declined transactions.
- Payment orchestration platform Corefy also offers such a solution.
- Can merchant onboarding be done in-app through customizable enrollment flows?