Getting a White-Label Payment Gateway Solution or Stating your payment gateway has been a matter of debate for too long. If a company creates a payment gateway from scratch, it provides complete independence.
The clash of ideas lies in the fact that a White-Label Payment Gateway will be created by a third-party company, while a business can establish a payment processing channel all by themselves. On the other hand, a White-Label solution today may provide a business with a better opportunity to initiate the business to the market. Here are the answers to both sides of the coin.
Start Your own Payment Gateway business.
If a merchant plans to create a payment gateway from scratch, they require:
PayTech Team
Compliance Certifications
Contact with Various Banks
Acceptance of Multiple Currencies, languages, and modes of payment
Marketing Team
Maintenance Team
Time and Money
These are the prerequisites to create a payment gateway for a business. It takes a lot of time and dedicated teams to work on the channel constantly. A single error can lend a business to a lot of damage. After the completion of the payment gateway, you need to market the product as well.
Furthermore, it is a huge investment for a business to put into. If money is not a factor, a business can wait before marketing the product, then no doubt Creating one will be the best solution for your business.
White-Label Payment Gateway Solution
On the other hand, White-Label Solutions is a ready-made whiteboard for your payment processing business. In other words. A white-label solution allows the merchant to change the brand logo, name, font, color, size, etc. It progresses the steps to reach the marketing of the product.
Gatewayeast takes it a step further than just the standard modifications. A Merchant can pick the UI of the website and embed it to the independent modules of the payment processing channel. It exponentially enhances the look of the payment gateway to suit your needs. Moreover, there are all the added features and benefits such as:
Easy Integration Capabilities
Shopping Cart Plugins
Cascading
Independent Module Control
Fraud Prevention System
Smart Routing
Complete Merchant Assistance and 24 x 7 Support
The Final Verdict
In Conclusion, Both of these ideas and execution are outstanding in their particular regard. However, if someone looks it through the monocle of pulling faster profits, White-Label Payment Gateway is a clear win.
Secondly, if cost-efficiency and time-efficiency are the priority, White-Label Payment Gateway Solutions has a clear advantage over it.
Thirdly, if a hassle-free solution forms the ground for your business, White-Label Solutions provides an upper hand to your business here as well.
To sum up, a white-label payment gateway is not only the most hassle-free solution but also a cutting-edge tech advancement that eradicates all the errors and problems.
Moreover, Gatewayeast has multiple features embedded into the white-label solutions. With all the customization options and ease of payment, your business can showcase the white-label solutions quite easily. Get in touch with the expert team to get Complete Merchant Assistance for your business at a reasonable cost.
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