Best Payment Gateway & Processor Providers in 2023

You will get access to the shopping cart integrations processor connections of the platform, enabling you to offer solutions to a wider merchant group and take care of their needs. Once it’s cleared, the information of the transaction is added to the credit card networks and sent to the bank that issued the card to the user . If everything is correct and there’s a balance available to be charged, the transaction is approved; otherwise, due to any reason, it can get declined. We offer customisable payment pages, applying clients’ brands to them.

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. PaySimple is the leading payments management solution for service-based businesses, powering the cashflow of over 20,000 companies nationwide. PaySimple builds long-term partnerships with companies to drive growth providing flexible payment and billing solutions and personalized customer service to suit their distinct business needs. With a robust API, PaySimple is a trusted technology partner for payment integrations; natively handling cashflow within SaaS products and mobile applications. Businesses like online stores, e-commerce software, gaming platforms, and system providers often use such services. Every company that wants to accept online payments should consider getting them.

If you become the payment gateway provider rather than reselling someone else’s, you’ll have several unique opportunities at hand. As the white label payment facilitator, you can set your own profit margins and actively get your share of the revenue stream. This also means you will have the freedom to set up your very own brand, market it and get visibility rather than living under someone else’s shadow.

Let’s say, for example, that you operate your own ecommerce website builder. With a traditional payment gateway, you can accept payments online for everyone who uses your platform to build and host their business website. But if you use a white label gateway, you can also enable those customers to accept credit card payments on the ecommerce sites they build. Understanding payment gateways and payment service providers will help you make an informed decision when choosing the best online payments solution to serve your specific business needs. Payment gateways equip the merchants with interfaces and tools to collect the information for credit card transactions from the customers. Most of the gateways offer APIs that enable the websites, business software, mobile applications, and POS device to connect and send transactions right to the payment gateway for authorization.

Things to pay attention to when choosing a company that provides these services

We go the extra mile to ensure that all transactions are encrypted and secure using state-of-the-art payment processing technology. We provide payment services in 196 countries and accept nearly every payment method globally. Securely accept payments online and keep your business and your customers protected at all times. With seamless, hassle-free integration to our payment gateway, you can avoid long integration processes.

• As the owner, you’re free to open merchant accounts on the platform and onboard your clients.
• It is also suitable for payment facilitators , banks, open banking providers and merchants.
• You just need to sign up to the site and then put in orders for the type of content you need.
• Many payment processors now have white-label checkout tools or open software for developers to fully customize the checkout process, and some companies make products solely for white-label use.
• In addition, for its Core product, WePay says that Chase offers “aggressive, relationship-based pricing,” which might bode well for you.

3dcart is a white label SaaS tool that provides an ecommerce store builder. Their white label reseller program has been developed with webmasters, designers, marketing services and merchant payment providers in mind. White label services are typically used by either agencies that want to provide more services to customers or companies that need to fulfil a specific request. Sometimes a business will be based entirely on providing access to white label software and services. If you like how a particular payment gateway operates but you believe you can market it more effectively, you can build your own website and promote the gateway under your own name and branding.

Both systems support integration with many white label payment solutions. White label payment gateways are payment gateways that enable other companies to white label the payment gateway solution and offer the service under their own brand. Compare the best White Label Payment Gateways currently available using the table below. The merchant account is the vendor’s account that collects all transaction data and payments. When a customer pays online, the funds typically land in the merchant account until the transaction is cleared. Once finished, the funds are then sent to the vendor’s actual bank account.

Boost your business with IXOPAY’s white label solution

This can make your online business appear more streamlined and reliable. We believe everyone should be able to make financial decisions with confidence. The difference between https://xcritical.com/ white label and private label in Saas and marketing services is in the customization. When something goes wrong, your clients are going to look to you for customer support.

There are a number of payment gateway providers on the internet. Luckily, there are many reputable sites that can provide you with reliable rankings for these gateways that enable you to do a comparison. In addition, be sure to try demos of your shortlisted gateways to select a suitable one for your needs. Consumers are using their mobile phones to access cloud apps to checkout inside the shop and to pay for things before they step inside the store.

Future of white label banking services

Payment gateways need to ensure smooth technical integration with other systems to offer easy and secure transactions. This type offers a platform to e-commerce merchants to sell goods directly from their servers. Merchants need to create subscriptions or products in the provided platform, and users are redirected via the checkout button to this platform. After a user clicks on the “pay now” button on your website, they will be sent to the payment service provider’s page. After the payment, the user will be redirected back to the website to complete the checkout process.

They are ensuring their systems meet security, compliance, and risk management regulations for safe online transactions. With the additional capability to process credit card payments, some of the leading payment gateways are also considered as the best payment processors. Aggregate payment service providers, like WePay and Stripe, pool all of their clients into a single merchant account.

What is Payment Gateway Providers?

Read and comprehend the SLA thoroughly to know what you are getting into and to avoid concerns later. You may also want to disclose your business to your gateway provider prior to closing a deal. There are some providers who, for some reason, can get picky with the business of their clients. There are industries that are termed “high-risk” such as gambling, gaming, and adult entertainment, that providers may be averse to and refuse to serve. Enables safe international business expansion for you and your merchants, with the ability to deploy tailored payment and fraud strategies for each channel and market.

Point-of-sale, or POS, features, including inventory management for multiple locations, discounts, customer profiles and reporting. Such a payment gateway prevents fraud and bans suspicious activities. Such an opportunity brings plenty of advantages and ways to grow one’s business without spending more resources developing the payment gateway from scratch.

– PaySpace

Hence, we have compiled a list of the top 5 best White-Label Payment Gateway solutions providers for you. Ensure that the basic infrastructure is already built; this includes design, functionality, and security. white label payment gateway You should be able to easily integrate the solution on behalf of your customers using a simple API or plug-in. You gain access to an additional passive revenue stream not available to most businesses.

With dedicated personnel and a passion for online and mobile payments, PAYMENTZ tends to always be your first-choice technical partner. Whether you are launching your own banking or e-wallet or you want to seamlessly embed FinTech solutions into your product, Crassula Banking will get you covered. Telecoms, retailers, and crowdfunding companies that would like to open financial accounts for customers. All banking accounts are multi-currency and work for private, business customers and licensed financial institutions via API, web, and mobile interfaces.

#3 How will the SaaS platform help you in Marketing and Sales

The company promises all its designs are high-quality and completely original. The service Textbroker provides can be incredibly cheap, which means it is easy to mark up the content and sell it on to your client. As well as access to the drag-and-drop website builder, DashClicks clients get an assigned project manager and access to real-time reporting metrics. By offering more services, you open up new sales possibilities. For example, if you only offer SEO services, then only companies looking for help with SEO will want to work with you.

They provide solutions for everything from one-off projects to renting out a full-time website developer. Stripe also allows you to design a custom package for your business. According to Stripe’s website, your rate may vary depending on volume discounts, multi-product discounts and country-specific rates, though it does list starting rates. Between WePay vs. Stripe, WePay is certainly the friendlier alternative to business owners who don’t have much time to get into the intricacies of coding.

Conclusion – Final Thoughts on White Labeling

Stripe has served some prominent business names like Kickstarter, Shopify, Slack and Pinterest. These are just a few examples of the types of businesses that use IXOPAY’s white label solution. It is also suitable for payment facilitators , banks, open banking providers and merchants. If you would like to see if your business could benefit, please get in touch with our sales team. Businesses are looking for solutions that are able to meet the changing needs of their customers, such as providing multiple payment options, mobile payments, and real-time transaction processing. Payrix is on a mission to be the global leader in embedded payments for vertical software businesses.

Like Stripe, Braintree has an advanced API that developers can use to customize checkout and payment pages. The trend towards white label payment gateways is expected to continue as more businesses recognize their benefits and decide to switch from traditional payment gateway solutions. Fidor Bank is a German digital-only challenger bank that helps financial, retail, and telecom businesses bring their digital banking concepts to life.