Hence, many customers from all around the world can use it at the same time as if each of them had a copy of the software on their own server or computer. Payments can be an important value-add for banks, helping to increase customer loyalty and generate new revenue streams. https://xcritical.com/ Reduce administrative friction and attract new customers with a seamless, hassle-free signup process conducted via our onboarding API. Our compliance rule engine helps you define KYC policies which you can enforce by attaching them to your customer accounts.

For example, you were selling DIY sets on the Asian market, but today you decided to shift your focus and start selling pots on the Latin American market. With SaaS, the customer can save money, not having to buy expensive software package required for the business (the price can be a six-figure sum). The customer doesn’t have to purchase or pay for the maintenance of a server or multiple servers, needed for the software either. BeGateway is the white-label payment platform developed and supported by eComCharge UAB.

Integration required?

This no-obligation tool takes just minutes, and can help any business owner to quickly understand the types of fees they’ll encounter, and save time when comparing payment gateway providers. They charge upwards from £20.90 for 350 transactions per month and then £45 for 500 transactions per month. Bigger packages for bigger businesses have bespoke pricing tailored to their needs. One thing to point out about SagePay is that it’s made for big businesses, so if you’re a first time event promoter you’re going to want to steer clear of SagePay. They can process payments in over 25 countries from a range of payment types. They’ve also made their payment plans much clearer in the past couple of years.

It’s a platform that helps you realize your ideas – you can easily leap from selling a limited number of products to many thousands of them, serving a few customers per week to hundreds per second. It gives you the flexibility to easily integrate the online payment feature in your store. In most cases, ‘white label software’ is sold under the software as a Service model. In essence, the end-customers using the software is “leasing” or “renting” the software, web system or app, under a monthly or annual subscription – bringing you regular, repeated revenue. Product news, reviews and guides to help every business select the right mix of hardware and software. From online security to fleet maintenance, we can help you stay productive and save money.

Best payment gateway providers to choose

The technical storage or access that is used exclusively for anonymous statistical purposes. For those looking to save on platform maintenance, the perfect option is to get a virtual payment platform. Enhance or build your brokerage business from scratch with our advanced and flexible trading platform, CRM, and a wide range of custom solutions. I first worked with Rob at aiGateway in 2010 and built a base of 30,000 customers in just over 3 years.

A smart and sophisticated gateway solution takes a lot of time and skill to build and maintain. 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. Reports based on customer activities, account transactions or integrated payment gateways availability. As an organisation of NBK Wallet platform you are able to provide your customers or partners with secure and compliant digital wallets. And also decide on what payment gateways can be used to provision them.

PayPal fees and costs explained

We offer complete service of scoping, developing and deploying e‑commerce platforms based on WordPress and WooCommerce. WooCommerce is sometimes neglected when it comes to e-commerce platforms, although it gives a variety of options to build even more sophisticated solutions. Re-invest licence fees into enhancing your solution or invite customers to contribute to ‘bespoke add-on’ that can be integrated as switch what is white label payment gateway on/ switch off modules of functionality. From a software development/application provider’s perspective, the benefits of multi-tenancy mostly relate to operational and cost efficiencies so it’s a more enticing option. Software companies, such as Objective, develop white label software for customers; so that they become ‘the vendors’. Which includes the ability to licence the software under their own brand.

• By choosing a white-label solution, you can finally let go of outdated payment infrastructure, and take advantage of the possibility to shift your focus from solving technical issues to business development.
• When it comes to creating your own gateway, you have complete power.
• It’s essentially PayPal’s answer to Stripe, offering more customisable features at a cheaper price than a PayPal Pro account.
• This issue, however, can be addressed if you use a third-party solution, such as the one provided by COINQVEST.
• Our team of independent researchers have awarded WorldPay the title of the best payment gateway for small businesses for 2023.
• Payment gateways are the only way for ecommerce stores to take payments, which makes them a necessary purchase for all online stores.

It has long been a pain for payment and financial institutions to identify running cost generated by huge amount of daily transactions from customers and partners. Being able to monitor and measure accurately those cost can sometimes make a big difference when it comes to providing customers with cost effective financial services. Institutions or companies operating in the payment industry or providing financial services oftentimes need to maintain ledgers of their customer transactions, sometimes in isolated and unsecure storage system. Transactions from payment gateways are monitored and thanks to our fees calculation engine, you have a clear insight in each of your transaction fees.

WooCommerce Development Company

Cardstream’s white label payment gateway allows the merchant or ISO to brand and sell the payment gateway services as their own. They get to use their own company logo, URL, login portal and API integrations to customise the look and feel to match their brand and service to their customers in a way they see fit. In essence, why would a merchant acquirer or ISO resell someone else’s payment gateway, when they can be the payment gateway themselves. A white-label payment gateway is a payment gateway solution that allows companies across business sectors and niche areas to offer payment processing under their official name while using third-party services. To put it simply, a company puts its logo and branding on the customised solution to use as their own.