What Is A White-Label Payment Gateway?
A payment gateway is a technology that allows businesses to process payments from their clients either physically as in the point of sale technology or using software online. White labeling legally permits a product or service belonging to one company to be renamed and rebranded under a different company’s brand.

To stay competitive, businesses must embrace the latest payment tech like white-label payment gateways. These providers offer customizable payment processing platforms that are branded and don't require businesses to build their own infrastructure. This article compares the top providers and offers guidance for selecting the right one.

The Top White Label Payment Gateway Providers

When it comes to selecting a white-label payment gateway provider, businesses have a plethora of options to choose from in the market. While it is a positive thing to have so many options, it can be overwhelming for businesses to decide which provider is best suited for their unique needs. To help businesses make an informed decision, we'll take a closer look at three of the most popular providers in the market:

Akurateco

Let's delve deeper into Akurateco, a provider that offers a broad range of payment processing services. They provide credit and debit card payments, e-wallet payments, and bank transfers, all of which can be seamlessly integrated into a business's payment gateway. One of the key advantages of Akurateco is the flexibility it offers in terms of customization. Businesses can easily brand their payment gateway with their own logo and colors, making the payment process more consistent with their overall branding strategy. Additionally, Akurateco offers a variety of fraud prevention tools such as 3D Secure, CVV2 verification, and fraud scoring, ensuring secure payment transactions for both the business and its customers.

Stripe

Stripe is another popular provider that offers a white-label payment gateway service that is highly customizable. Stripe provides a wide range of payment processing services, including credit and debit card payments, e-wallet payments, and bank transfers. Their payment gateway is also equipped with machine learning algorithms and custom rule-based systems to effectively prevent fraud. Stripe's payment gateway is easy to integrate with a business's existing system, making it an ideal choice for businesses looking to streamline their payment process. If you were looking for the Stripe vs Akurateco comparison, view it here.

Adyen

Adyen is a well-known white-label payment gateway provider that offers a range of payment processing services. They provide credit and debit card payments, e-wallet payments, and bank transfers, which can be seamlessly integrated into a business's payment gateway. Adyen has a global reach, supporting over 250 payment methods and 187 currencies, making it an ideal choice for businesses with a global customer base. Additionally, Adyen offers advanced fraud prevention tools such as 3D Secure, AVS checks, and machine learning algorithms that can detect fraudulent transactions in real-time.

White-label payment gateway providers such as Akurateco, Stripe, and Adyen offer businesses customizable and secure payment processing solutions. Each provider has its own unique features and advantages that businesses can choose from based on their specific needs. Businesses can make an informed decision by assessing their payment processing requirements and selecting the provider that best aligns with their needs.

Factors to choose white-label payment gateway

Key Factors to Consider in Choosing a White Label Payment Gateway Provider

Choosing the right white label payment gateway provider can have a significant impact on a business’s payment processing operations. Below are some of the key factors that businesses should consider:

Customization and Branding

Customization and branding are essential factors to consider when choosing a white label payment gateway provider. Businesses need to ensure that the payment gateway can be integrated seamlessly with their existing platform and aligns with their brand image. Some providers offer greater flexibility than others in terms of customization and branding options. For instance, Akurateco offers a highly customizable platform, allowing businesses to tailor the payment process to their specific needs. Stripe also offers a high degree of customization, allowing businesses to create a seamless payment experience for their customers.

Payment Processing Features

Different white label payment gateway providers offer different payment processing features. Businesses need to evaluate which features are essential for their operations and choose a provider that can meet their specific needs. For example, Adyen supports over 250 payment methods and 187 currencies, making it an ideal choice for businesses with a global customer base. Stripe supports a wide range of payment methods, including credit and debit cards, Apple Pay, and Google Pay. Akurateco, on the other hand, offers a comprehensive range of payment processing solutions, including card payments, bank transfers, e-wallets, and more.

Security and Compliance

Security and compliance are critical factors to consider when selecting a white label payment gateway provider. Payment gateways must comply with stringent security standards, such as the Payment Card Industry Data Security Standard (PCI DSS), to ensure that customer data is protected. Providers must also have strong fraud prevention measures in place to prevent unauthorized transactions. Adyen, for instance, offers advanced fraud monitoring capabilities and supports 3D Secure. Stripe also offers a range of fraud prevention tools, including machine learning algorithms that can detect fraudulent transactions in real-time. Akurateco is PCI DSS Level 1 certified and offers a range of fraud prevention tools, such as CVV verification and real-time transaction monitoring.

Integration and Compatibility

The ease of integration and compatibility with different platforms is another critical factor to consider when selecting a white label payment gateway provider. The provider should offer easy integration with the business’s existing platform, minimizing disruption to the payment process. Stripe’s API, for example, is highly customizable and developer-friendly, allowing businesses to create custom integrations and automate their payment processes. Adyen offers a flexible platform that supports a wide range of payment methods and can be easily integrated with a business’s existing platform. Akurateco’s payment gateway is designed to be integrated seamlessly with existing platforms, ensuring a smooth and hassle-free integration process.

Pricing and Fee Structure

Pricing and fee structure are important considerations when selecting a white label payment gateway provider. Businesses should evaluate the pricing models and fee structures of each provider to ensure that they are affordable and provide value for money. Adyen, for instance, offers transparent pricing with no hidden fees, making it easy for businesses to budget their payment processing costs. Stripe offers a pay-as-you-go model with no setup fees or monthly fees. Akurateco offers a range of pricing options, including a pay-per-transaction model, allowing businesses to choose the pricing structure that best suits their needs.

Customer Support and Service

It's important to consider the quality and availability of customer support and service when choosing a white label payment gateway provider. To help businesses resolve any issues or concerns, the provider should offer fast and efficient support. Akurateco, Stripe, and Adyen all offer 24/7 customer support through a variety of channels. These include phone, email, and live chat. To help businesses get started with their platforms, they also provide extensive documentation and resources. Overall, businesses should choose a provider that offers reliable and responsive customer support and service.

Successful White Label Payment Gateway Implementations

The Akurateco Approach

Akurateco provides a successful white-label payment gateway solution that can assist businesses in streamlining their payment processing and enhancing their customer experience. The company's white-label solution enables businesses to personalize their payment gateway with their own branding, design, and features. This approach helps businesses to establish a robust brand identity, gain customer trust, and enhance the overall customer experience.

Functionality

Akurateco's white-label payment gateway solution offers a broad range of payment processing options, such as credit cards, bank transfers, e-wallets, and cryptocurrencies. This feature allows businesses to cater to their customers' preferred payment methods and improve conversion rates. Moreover, Akurateco's solution provides advanced fraud prevention and risk management tools to safeguard businesses and their customers from fraudulent activities.

Business benefits

In addition, Akurateco's white-label solution provides smooth integration with popular e-commerce platforms and shopping carts. This makes it simple for businesses to integrate their payment gateway with their existing e-commerce infrastructure. Furthermore, the white-label solution offers real-time reporting and analytics, allowing businesses to keep track of their payment processing activities, monitor transaction data, and obtain valuable insights into their customers' behavior. All in all, Akurateco's white-label payment gateway solution is an excellent option for businesses looking to enhance their payment processing capabilities, improve their customer experience, and expand their business.

White Label Payment Gateway FAQ

What are the main differences between a white-label payment gateway and a traditional payment gateway?

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.

How does implementing a white-label payment gateway benefit my business in terms of branding and customer experience?

Implementing a white-label payment gateway can benefit businesses in several ways. Firstly, it allows businesses to establish a strong brand identity by customizing their payment processing capabilities with their own branding, design, and features. This helps businesses build trust with their customers and increase their brand recognition. Secondly, a white-label payment gateway can improve the customer experience by providing a seamless payment processing experience that is fully integrated with the business's e-commerce infrastructure. This can help businesses increase conversion rates, reduce cart abandonment, and improve customer satisfaction.

Can a white-label payment gateway provider handle compliance and regulatory requirements on my behalf, or do I still need to manage these aspects myself?

Most white-label payment gateway providers offer compliance and regulatory support services, which can help businesses manage their compliance requirements more efficiently. However, businesses are still ultimately responsible for ensuring that their payment processing activities comply with all relevant laws and regulations. It is therefore important for businesses to work with a reputable white-label payment gateway provider that can provide them with the necessary support and guidance to ensure compliance.

What’s Next?

When businesses are in the process of selecting a white-label payment gateway provider, there are several crucial factors to consider. These include the reputation, experience, and expertise of the provider, the level of customization and branding options available, the range of payment processing options on offer, the level of security and fraud prevention tools provided, and the extent of regulatory and compliance support offered.

If you are keen to find out more about how Corytech's white-label payment gateway services can benefit your business, we encourage you to request a customized demo. Contact us today to schedule a demo and learn more about how Corytech can assist you in streamlining your payment processing and growing your business.

Choose a white label provider
Vyacheslav Bondarenko
Co-founder of Corytech