Any white label solution represents a ready-made product that you can customise to provide services under your brand. White label payment processing allows for having a personal electronic payment system that combines payment processing under your brand and internal customer accounts. Utilising a white label solution, you can set personalised rules for money transfers within the service, choose the most promising external channels for payments, easily track transactions, and generate reports.
Such a solution contains a ready-made infrastructure for processing online payments and all the necessary licenses and certificates. But all of these offers have various features and capabilities.
By launching the white label payment processor, you:
Relying on a ready-made product empowers you to switch focus from the technical issues to handling business operations and building strong relationships with your clients.
There is a range of advantages of choosing a white label model. Here are the essential ones:
White label payment gateways are best-suited for payment software providers and ISOs selling payment processing. As a rule, these companies support several payment channels, but rarely can they boast of a high-quality and convenient dashboard or back office.
So, they can resort to using a white label payment gateway to process their transactions. While its cost is often lower than that of other solutions, a white label one offers a huge selection of payment methods, advanced functionality, and high-tech security methods. Moreover, the provider of this technology takes full responsibility for maintaining and constantly updating the system. Ultimately, this solution proves to be more profitable in terms of both cost and value proposition.
Choosing a payment processing solution depends on a budget and business needs. However, as can be seen from above, white label payment processing often turns out to be a more profitable solution for companies representing various industries.
Business owners and those who provide payment processing services to other merchants, sooner or later, face the need to choose the payment solution to process and consolidate their entire transaction flow. Opting for Corefy, you get an all-in solution that helps you generate revenue as soon as possible. It allows you to focus on your business tasks instead of tackling labour-extensive technical issues.
If you want to take a closer look at the functionality of our platform, book a live demo, where we will be happy to answer all your questions regarding our software and demonstrate its key functionality.
