White-label items are produced by a provider to be rebranded and resold to an end customer. White-labelling gives providers access to a large distribution network through their reseller partners, and resellers can expand its product and service line easily without producing their own goods from scratch. The key to white-label is as consumers who buy the end product are not aware that it was originally produced by a white-label provider.
Online payments have become an integral part of our daily lives in no time. We’re transacting online not only through debit or credit cards but through numerous other modes like net banking, UPI and wallets as well.
What is a payment gateway
A payment gateway is an e-commerce application that allows and authorizes payments for e-businesses, bricks and clicks, online retailers or traditional brick and mortar businesses. It is the considered virtual equivalent of a physical point of sale terminal located in most retail outlets. What Payment gateways do is it encrypts confidential and sensitive information, such as credit card numbers, CVV numbers to ensure that information passes through securely between the customers and the merchants hence it’s considered most secure.
A payment gateway mainly focuses on securing the sensitive information given by the user throughout the process. It ensures security by encrypting data like the card and bank details that’s been provided by the user.
Who Needs White Label?
If you are a B2B company whose clients need a payment gateway, a white label payment service is the ideal solution for you. You can offer your clients branded payment gateway services as an added value, without the hassle of developing your own. Here are a list of businesses who benefit from White label solution
- Ecommerce Service Providers
- Banks and Financial Institutions
- Independent sales organizations
- Acquiring banks & Acquirers
- Large multi-tier organizations
Here are a few Benefits:
- Smart payment solution:
Accepts the most commonly used national and international payment methods and currencies with only one contract. It allows you to manage your own fees and payout amounts to your merchants worldwide via IBAN. Sounds interesting right!
- Fast digital identity verification (KYC):
The registration, identification and necessary verification of merchants are connected for both sides with minimum effort – without delay and without long waiting times!
- Easy integration:
User-friendly API with online documentation or connect the white-label platform with your platform via the onboarding and service API interface. We have a great and knowledgeable tech team that will walk you through the integration part.
- Brand it your way:
It’s always fun to design and integrate your payment page from scratch or take advantage of our customizable template. If you are unsure what template you need to speak with a customer care team who will be happy to help you!
- 24/7 tech support:
Always look for a service that offers good technical support. It all starts from the integration part and even receive great support afterward whenever there is any queries or issues.
Have a look at Ipaytotal’s white-label payment gateway MOBAM. Visit our website now: https://mobam.co.uk/ Streamlined and digital makes it simple. Automated makes it fast, Segmented workflows make it easy for merchants of all sizes and industries.