White-label PayFac program is primarily targeted at software platforms that want to become payment facilitators; it allows them to provide all “classical” PayFac. As the white label payment facilitator , you can set your own profit margins and actively get. Besides that, the UniPay Gateway platform integrates many major payment processors. Case Studies. Therefore, maintenance and development will be easier and you’ll have lower costs. NEW YORK, NY, September 24, 2018 /24-7PressRelease/-- United Thinkers, a New-York based commercial open-source Payment Management Software provider has launched a white-label payment facilitator program as a flexible and easy solution for businesses that consider becoming payment facilitators, but are unready to. 3. Our Partner focused ethos means that we develop and. In the US, most people gloss over payment processing because almost everyone has a credit card, Paypal account, or another simple way to pay. Powering Seamless, In-Product Payment Experiences Through a Modern, Single API. This innovative approach ensures businesses can enjoy White. Software Provider; Billing Company; Collections Company; Payment Solution. Ability to accept all payment types. Most of the gateways offer APIs (Application Programming Interface) that enable the websites, business software, mobile applications, and POS (point of sale) device to connect and send transactions right to the payment gateway for authorization. If you are considering becoming a payment facilitator but are short on budget, choosing a white label payfac gateway can be the best option. Payment Processing Software: ACH and e-check support, fraud prevention, Online and Mobile. Use Stripe’s whitelabeled payfac solution to bring payments in house and fully control the customer experience—from payments pricing to payout timing. For a SaaS business, customer loyalty and retention are paramount so it is important to keep branding and consistency throughout the customer experience. In addition, via its Ziftpay partnership, it also provides a white-label payment facilitator program. Payment Service Provider (PSP) A company that specializes in the provision of payment services for merchant on the Internet. We provide end to end solutions across an expanding global network. Paynet is the world-leading for Recharge technology facilitator which provides safe, stable, reliable and global one-stop service. Payment Facilitator (HRIPF) Contracts with acquirers to provide payment services to high-risk merchants, high-brand risk merchant, high-risk sponsored merchants or high-brand risk sponsored merchants. Overall, the payments industry proved remarkably. Multicurrency personal account. Platform Promo. The second type is a more modern, technology-first payfac solution from a commerce provider like Stripe. The secure environment allows our Partner’s Merchants to process credit and debit card payments, as well as. That is, if a franchiser becomes a payment facilitator, it can turn all its clients (franchisees) into sub-merchants. Broadly speaking, payment facilitators can be divided into three categories: Commerce platform providers like Stripe, which enable digital transactions through the proprietary technology on a white-label basis. It is a “try-it-before-buy-it” solution for prospective payment facilitators, who do not want to assume a load of PayFac-specific responsibilities all at. It is suitable for Payment Service Providers (PSPs), Independent Sales Organizations (ISOs), Acquirers, Merchants of Record (MoR), Payment Facilitators. The PayFac model runs on a sub-merchant system. In the event that you act as a payment facilitator and handle transactions through your accounts, your acquiring. You will receive a white label payment gateway with a complete card-present solution, including SoftPOS and remote key loading mechanisms. ISOs & MSPs, and payment facilitators. Mobile payments. This made them more viable and attractive option than traditional ISOs. Customer Support. The guide on the fundamentals of payment processing is a must-read to you, if any of these or similar statements are relevant for you: You want to get a merchant account, but you are rejected by all the banks to which you apply. Lean how payment gateways work and other major benefits of White Label Merchant Services. Processor-specific Platforms for Payment Facilitators: Vantiv; On the way to Payment Facilitator Model; Virtual Payment Facilitator Model; White Label Payment Facilitator Model; Before Starting a Payment. Put your brand on merchant statements and applications — build your brand with your sub-agents and merchants. February 23, 2017 The Payment Facilitator. Compare the best White Label Payment Gateways in Australia, read reviews, and learn about pricing and free demos. 49 per transaction, ACH Direct Debit 0. Pipedrive – White-label CRM Software. Lean how payment gateways work and other major benefits of White Label Merchant Services. Payment Facilitator assistance and implementation of EMV terminal solutions. However, with white label payment processing, all you. This also means you will have the freedom. Whether easy, complex or somewhere in between, we’ve got you. Find the highest rated White Label Payment Gateways for Cloud pricing, reviews, free demos, trials, and more. (Application Programming Interface) that enable the websites, business software, mobile applications, and POS (point of sale) device to connect and send transactions right to. Cardstream have developed. Start your Payment Facilitator / ISO business in minutes rather than. We provide payments infrastructure for independent software vendors (ISVs) and software platforms to ensure small businesses get paid quickly and easily. 1. and onboarding process by offering a complete, white-label payment processing solution. A white label payment API is an option that more businesses continue to build into their strategies as the volume of cardless, electronic and alternative payment transactions are drastically increasing. Difference between virtual and traditional payment facilitation. Cardstream’s Virtual Terminal is accessed through the Merchant Management System and is designed for your Merchants to use when processing mail orders or secure telephone payments (MOTO). We provide payments infrastructure for independent software vendors (ISVs) and software platforms to ensure small businesses get paid quickly and easily. The whole process can be completed in minutes. As merchant’s processing amounts grow, it might face the legally imposed need to. The software, when integrated. Paycaps. A third party actually provides the service, but from your customer’s perspective, the service provider is you. Before starting an EMV certification, a company needs to make a decision about the three key components of the process: Terminal (s) (hardware device) that will be used to read EMV cards. Dwolla offers a robust solution through a white-label API that is built for scale and can be tailored for your business. It leverages leading technology without the capital and development effort on your part, it builds your brand and your customer loyalty, it takes some of the burden of compliance issues off your hands, and it does all of this while allowing you to provide a seamless experience for your. Want to become a Payment Facilitator? Need to reduce payment processing costs?. IXOPAY's payment orchestration platform is available as a white label payment solution, enabling payment. But unlike in-house-development, white label payment processing doesn. All of our secure and easy integration tools can be fully White Labelled for our Partners. A white-label payfac, also known as payfac-as-a-service, is a business model in which a company uses a third-party payfac platform to offer payment processing services under its own brand name. Complete development using our API Documentation and . Thinking about becoming a Payment Facilitator, or upgrading your current technology, here is the latest news from the company that has the leading technology in the PayFac Market, now available as. 9 trillion in 2020, a 5 percent decline from 2019 (Exhibit 1), as compared to the 7 percent growth rate observed between 2014 and 2019. With our white-label payment facilitator package, you can access this feature and more. ISOs looking to upgrade outdated gateways with a customizable white label solution for modern payment processing. White label payments allow you to control the customer experience. to manage several business branches. Payment facilitators, or PayFacs, is a single merchant ID (MID) with a payment service provider and board ‘sub-merchants’ under their own MID, essentially acting as one large merchant account. Find the top Web-Based White Label Payment Gateways in 2023 for your company. We deliver payments you can bank on. White label solution is a ready-made software with which business people can create their crypto payment gateway business promptly. Demo Tour. Move and manage money. A white label payment platform is a dynamic financial solution that empowers businesses to seamlessly integrate and customize payment processing capabilities into their operations. In this model, the white-label payfac provider takes care of the underlying technology, payment processing infrastructure, compliance, and risk management. Besides that, a PayFac also takes an active part in the merchant lifecycle. Essentially, the payment processor (the service provider that facilitates the purchase acceptance) receives and directs the credit card information via the payment gateway (the software that enables secure data transmission), then coordinates the payment’s authorization and settlement with the card networks and banks, and finally transfers the. Traditionally the only thing that had to be taken care of when a processor was changed, was reconciliation and settlement mechanism. Payment Facilitator Models ISVs must select from two models through which they can provide PF services: retail or wholesale. $3,170,000. At Cardstream, we offer ample partnership opportunities from co-branding to a full white-label payment gateway. The software, when integrated. Virtual payment facilitator model is a handy option for software platform providers that want to increase their revenues by providing merchant services to their clients. P2PE. Essentials Of White Label Billing Software: Features To Look For . Kathrine Pensatori. The key aspects, delegated (fully or partially) to a PayFac by an acquirer, include underwriting, onboarding, payment processing, funding. Start your Payment Facilitator / ISO business in minutes rather than years by connecting to Hips's global payment network for rapid deployment. All white label payment gateway providers must comply with Payment Card Industry Data Security Standards (PCI DSS) and other industry-specific regulations. Dwolla is a white-label payment service that integrates your business with the Automated Clearing House network to send and receive ACH payments. A white label payment solution can have several flavors, depending on the terms of its use. By adopting a white-label payment gateway, a payment facilitator can eliminate the need to develop their own payment system from the ground up and avoid the ongoing responsibilities of system maintenance, upgrades, and compliance renewals. The platform owns payment flows and is responsible for paying out funds to its merchants (referred to as sub-merchants) directly. 6th April 2023 – Taunton, UK: Cardstream Group, which operates Europe’s fastest growing independent white label Payment Gateway, has announced the arrival of its significant new white label PayFac-as-a-Service to the market. Third-party anti-fraud tools from MaxMind and Sift Science use neural networks and artificial intelligence to. If you need a new function for your existing. A white label payment gateway allows you to utilise the skills of talented developers, who provide excellent solutions for your clients, and maintain a high ROI, whilst all under your own brand. After considering the costs, complexities and risks that are associated with becoming a payment facilitator, many software companies have found more suitable solutions in strategies such as payment partnerships, working with payment aggregators, white-label payment solutions, or registering as an ISO. Discover flexible, scalable solutions that fuel your growth and transform the payments experience to delight your customers. Before starting an EMV certification, a company needs to make a decision about the three key components of the process: Terminal (s) (hardware device) that will be used to read EMV cards. A white label payment gateway to power your payment processing. Transmitting an amount of money to the payment processing service provider. It’s designed specifically to decrease time to market, reduce friction for sub-merchants and scale with your business as it grows. It is designed with advanced built-in features and flexible gateway payment services. Nowadays, people often tend to prefer electronic payments to cash. Let’s start a PayFac business. A SoftPOS solution is hardware-free,. White Label Payment Facilitator Model; Before Starting a Payment Facilitation Project; Payment Facilitator Paradigm and Beyond: VAR, ISV, Next-generation ISO. The concept of white-label payment gateway is rapidly gaining popularity among merchant services industry players, looking for the most suitable payment gateway solutions. There are no contracts, so if you switch processors later, the white. PayFac® solutions, at your service Worldpay from FIS is your advocate for payment facilitator solutions. We deliver payments you can bank on. The white-label payment facilitator enables you to accept all major credit cards and debit cards with just one integration. 75% per transaction). This includes merchant onboarding and underwriting, advanced chargeback management, Acquiring Relations development, Payment Facilitator assistance and implementation of EMV terminal solutions. Our APIs make flexible, integrated payments possible via referral, white label or payment facilitator models, so our customers can focus on their core. ITR works like a highly efficient decision. Demo Tour. 1. Blog. Payment facilitators streamline this process and are an excellent alternative for businesses that want to start processing payments quickly. Seamless graduation to a full payment facilitator. We continue to get inquiries from people and companies. Get your own white label payment software. PayFacs perform a wider range of tasks than ISOs. Hips is a clean PayFac API and platform that allows you to onboard merchants, programmatically create merchant accounts quickly and efficiently, by processing transactions under a sub-merchant platform. No, we are a fully brandable white label payment software. The PayFac model runs on a sub-merchant system. and more. View Software. Its potential unleashes the best as your business grows and goes. We provide a global omnichannel payment acceptance platform to our clients. Route payments, split funds, change user information, send money, issue refunds, manage chargebacks, create customizable reports. PSPs and Payment Facilitators: Crassula’s cloud software solution enables you to provide your payment services to merchants securely, cost-efficiently and flexibly, starting with supporting payments for a simple online store to building complex solutions with subscriptions, virtual currencies, and more. Through white-label payment processing, businesses gain the capability to offer a comprehensive range of payment services to their customers, including the ability to process credit and debit card transactions, handle electronic fund. Monetize more than just payments Other payfac solutions are limited to online card payments. White Label Payment Facilitator Model; Before Starting a Payment Facilitation Project; Payment Facilitator Paradigm and Beyond: VAR, ISV, Next-generation ISO. With UniPay Platform you have the options of an affordable white label payment gateway solution, a full on-premise software license (including the source code), which ensures the top-quality payment. Payment facilitators and Cardstream go together like grandparents and proverbs. In Q4 of 2019, Shopify reported revenues of $321. White label refers to the practice where one company purchases a product from another company and then rebrands it as its own. Payment Facilitator assistance, EMV terminal solution implementation and so. A payment facilitator (PayFac for short) is a service provider that is layered between the submerchants (the merchants a PayFac works with) and an acquiring body. Dwolla is a white-label payment service that integrates your business with the Automated Clearing House network to send and receive ACH payments. Payment Facilitator. Software providers that sell white-label payments to their customers can attain a number of benefits,. Payments as Service; White Label Gateway; On-Premises Solution; EMV Terminal Solutions; PayFac Model;. Choose an established, reputable payment processing software provider known for reliability and. We provide payments infrastructure for independent software vendors (ISVs) and software platforms to ensure small businesses get paid quickly and easily. Split payments for marketplace; Payment facilitators; Full DSRP support; Easy-to-integrate API. Review Grower – White-label Online Reputation Management. **Risk management includes vendors and risk system maintenance. White label software can be later licensed by the white label payment facilitator and taken in-house to be customized as necessary. Get the most from your business model in an ever changing market with white label payment software. From white label merchant services to white label payment processing solutions. In essence, white label PayFac model allows prospective payment facilitators to get what they want without imposing the requirements that are difficult to meet. They take the time to truly understand our business and goals, so they are able to effectively recommend features that are beneficial to our success. White label merchant services, white label payment gateway software, and white label payment processing solutions are widely used by many types of companies. The article is primarily targeted at payment facilitators, software companies, and shopping cart platform owners. You can invite guests to your place, and they will not care much whether you own it or rent it. Becoming a payment facilitator is a complicated. Register your business with card associations (trough the respective acquirer) as a PayFac. Becoming a PSP [Payment Service Provider] lends itself well to some businesses that fall into the software provider classification. Embedding white-label payments into your platform could be the key to unlocking significant growth. The service quality of your existing gateway solution is too low. Most of the gateways offer APIs (Application Programming Interface) that enable the websites, business software, mobile applications, and POS (point of sale) device to connect and send transactions. Merchant account applicants want to start accepting electronic payments as soon as possible. At the same time, it allows you to save on third-party software and eliminate most of transaction fees. Every merchant has its own Merchant Identification Number (MID) through which payments are processed, but it funds merchants directly. We provide payments infrastructure for independent software vendors (ISVs) and software platforms to ensure small businesses get paid quickly and easily. First, it allows monetizing the payment process by becoming payment facilitators. In recent years payment facilitator concept has been rapidly gaining popularity. 9. Hips payment platform enables your merchants to launch within minutes by provisioning both the merchant account and gateway services within a real-time manner. Also, some companies, such as United Thinkers, are offering special payment facilitator programs. UniPay is an innovative and comprehensive payment gateway solution developed by industry experts. White Label Branded Solution. Whether you're prepared to become a Payment Facilitator or wish to start on a more modest scale and expand confidently, PayTech Partners provides the necessary tools, and expertise to guarantee your success. Cardstream is a high-performance Level 1 PCI: DSS-compliant white-label payment processing platform, adding value by offering all major credit card schemes and worldwide currencies. and beyond. Behind the Payment Facilitator There is no one-way to process card payments. Mailgun – White-label Email Service. Tokenization and recurring payments options. Create your own white label payment gateway and offer affordable, simple, and transparent payment processing to your clients. Experience the scalability, reliability and flexibility of account-to-account payments. A Payment Facilitator or PayFac is a service provider that enables merchants to process transactions. ISVs that act as a payment facilitator are able to provide a near-immediate onboarding process that allows merchants to seamlessly accept payments in their software within minutes versus days. With customers becoming more and more demanding, the software shapes up to meet the needs and, often, exceed the expectations of the end customer. New York, NY – (September 24, 2018): United Thinkers, a New-York based commercial open-source Payment Management Software provider has launched a white-label payment facilitator program as a flexible and easy solution for businesses that consider becoming payment. Stripe and some new payment gateway software providers (such as United Thinkers) support split payment functionality, while Zift offers such functionality to software vendors. Find the highest rated White Label Payment Gateways in the USA pricing, reviews, free demos, trials, and more. For example, you can personalize the payment experience with your own brand identity assets (logo, fonts, etc. MORs, in contrast to PayFacs, do not perform merchant underwriting functions. Hips payment platform enables your merchants to launch within minutes by provisioning both the merchant account and gateway services within a real-time manner. The easy-to-use white label ticketing platform increases our brand exposure and provide the ability to manage activities and schedules in our festival. Many payment processors now have white-label checkout tools or open software for developers to fully customize the checkout process, and some companies. According to industry analysts, by 2021, Software as a Service (SaaS) providers and independent software vendors (ISVs) will generate $4. Tips. What you need to know about White Label Payment Solutions. Acquirer (s), that will process the transactions. Beside simply reselling merchant accounts and serviced (as ordinary ISOs do), VARs provided consulting services, technical support, and even hardware solutions. Wednesday, October 11 2023. Spell - white label payment gateway, e-wallet, and billing software united under one PayTech platform & RESTful API. The financial services sector is contributing to social change and ATMs are an important facilitator, empowering citizens by enabling easy access to basic banking services. PayFac or ISO. Most of the gateways offer APIs (Application Programming Interface) that enable the websites, business software, mobile applications, and POS (point of sale) device to connect and send transactions right to the payment gateway for authorization. Apart from that, the UniPay Gateway platform is built into a number of leading payment processors. A marketplace is a tool, allowing multiple vendors (retailers) and affiliates to sell their products and services through a unified platform. Contact Us Developer Documentation. They believe in it because they live it daily. With BlueSnap Embedded Payments and Payfac-as-a-Service, you have control over. From white label payment gateways options to white label payment facilitator model. Payment Facilitator Model Definition. An embedded payments solution for software providers and SMBs. Kathrine Pensatori In this article we are going to explain: why businesses want to become payment facilitators, why it is difficult for many of them to adopt payment facilitator. White Label Payment Facilitator > Payment Gateways > Semi-Integrated Solutions > Mobile/Contactless Solutions > Payment Security/P2PE > Direct Certification >. An ISV can choose to become a payment facilitator and take charge of the payment experience. Being a white-label PayFac is like living in a rented apartment. Our white-label PayFac solution has decades of best practice built into it, so you can launch as a PayFac without any additional Tech or IT resources, and. Hips payment platform enables your merchants to launch within minutes by provisioning both the merchant account and gateway services within a real-time manner. Using the card by the customer for online payment processing. One of the key differences between payment aggregators and payment facilitators is the size of sub-merchants they are servicing. The perfect match for software companies of all sizes and verticals. Request a Demo. Powering commerce. Hips payment platform enables your merchants to launch within minutes by provisioning both the merchant account and gateway services within a real-time manner. White Label Payment Facilitator Model;. The concept of a payment facilitator is gaining popularity, alongside other concepts, defining different intermediary entity types, such as a payment service provider (PSP), a payment aggregator, merchant services provider (MSP), or an independent. (PSPs), Payment Facilitators (PFs), Independent Sales Organisations (ISOs), Independent Software Vendors (ISVs), and other Value Added. White label payment gateway for software companies and other businesses is a quick and cost-effective service as it only requires to purchase a license, configuration, and then start using it When it comes to starting with this service of white label payments , there are several providers in the payment industry offering feasible. United Thinkers Launches a White-label Facilitator Program. The PSP will handle the capture, authorisation and settlement of Credit and debit card payments and all the electronic and physical security required. New York, NY – (April 23, 2018) – United Thinkers, a New-York based commercial open-source Payment Management Software provider has updated their popular quiz for prospective payment facilitators in accordance with the realities of the modern merchant services market. Payoneer, a white-label payment processing solution, allows businesses easily transfer funds between accounts, pay suppliers and freelancers, and receive payments from customers around. The integration tools include sample code; test cards; test accounts; and on-demand support from our responsive support team of experienced technicians. However, in contrast to a traditional payment gateway provider, it allows you to brand it with your own logo. White label software can be later licensed by the white label payment facilitator and taken in-house to be customized as necessary. If necessary, it should also enhance its KYC logic a bit. Merchant of record or MOR is an essential link between a company that needs to accept electronic payments and consumers of its products. Payment Facilitators and Payment Aggregators. Decta delivers tens of widespread payment methods including global payment networks, open banking, digital wallets, and connections to acquirers. Plans free and up. Launch merchants in minutes with NMI's white label payment facilitator enablement software. An article describing the flavors of white-label payment gateway solutions that can be used by ISOs to provide gateway services under their own brands!. UniPay Gateway is the leading Omnichannel payment processing and management solution for PayFacs, Saas and equity firms operating worldwide. As merchant’s processing amounts grow, it might face the legally imposed. Becoming a payment facilitator is a complicated. Total Year 1 Cost. Order management. They will often provide additional services such as fraud. A white label option provides limited control over the process and involves much less liability. ISOs and software companies, which performed the role of ISOs for their clients, referred their clients to the processors and helped sell the accounts, relying on external. All the services, such as payment. Hips payment platform enables your merchants to launch within minutes by provisioning both the merchant account and gateway services within a real-time manner. Efficiency Boost. Put our half century of payment expertise to work for you. So, your actual savings will amount to 1%. Merchant of Record. Most of the gateways offer APIs (Application Programming Interface) that enable the websites, business software, mobile applications, and POS (point of sale) device to connect and send transactions right to the payment gateway for authorization. Receiving confirmation (or cancellation) of the transaction. Many payment facilitators also provide sponsored merchants with additional products and services, such as enterprise software solutions for small and medium sized businesses, along with payment. The integration tools include sample code; test cards; test accounts; and on-demand support from our responsive support team of experienced technicians. . ”. As an independent sales organization (ISO), you can upgrade your business by providing merchant processing services under your own brand. Establish a processing partnership with an acquirer/processor. This “white label” solution is ready for your brand and includes your logo, colors, and contact information, so your merchants only identify. Full white label payment solution with your logo and branding on applications, statements, online enrollment, merchant and partner portals. Choosing a white label payment gateway means that your merchant clients will see your name – or none at all, if you prefer – rather than the name of the company that developed the software. We provide payments infrastructure for independent software vendors (ISVs) and software platforms to ensure small businesses get paid quickly and easily. With its numerous benefits and seamless integration, this innovative platform will revolutionize the way you handle payments. This way, SaaS companies and. Full visibility into your merchants' payments experience. White Label Payment Facilitator Model; Before Starting a Payment Facilitation Project; Payment Facilitator Paradigm and Beyond: VAR, ISV, Next-generation ISO. Private Equity Groups & Investment Companies looking to offer payment processing services to portfolio companies while maintaining control. With White Labeling you can build your own brand. PayFac or ISO. We also connect to many leading global payment financial institutions allowing us to offer a wide range of payment solutions. A White-Label payment orchestration platform can be used by many types of business that operate in the payment space. Learn more. Processor-specific Platforms for Payment Facilitators: Vantiv; On the way to Payment Facilitator Model; Virtual Payment Facilitator Model; White Label Payment Facilitator Model; Before Starting a Payment. CEO, Melbourne Racing Club. It is more beneficial than a wholesale ISO model and it provides an. Our suite of tools and services offers a choice of funding options, settlement, revenue generation, and risk management capabilities for payment facilitators. Case Studies. Make and take payments. These guidelines were prepared by payment experts from United Thinkers to allow merchants and payment facilitators a better understanding of the realities of credit card processing fees and help them save on transactions processing costs. A white label payment gateway is also a third-party solution, but it is highly customisable to fit your brand, website design, and business model. There are no contracts, so if you switch processors later, the white label…Before we move towards the payment gateways for white label merchant services, let’s talk about the regular ones to ensure everyone reading this is on the same page. A payment facilitator manages the entire electronic payments process on behalf of merchants. Payment facilitators also provide customer service on behalf. This covert facilitator not only amplifies revenue streams but also underscores a brand’s commitment to providing frictionless. Embedded Payments Are a Growing Opportunity for Software Providers. White-label payment processing is a strategic option for software platforms to gain a competitive advantage, create new revenue streams and enhance their valuation. . Most of the gateways offer APIs (Application Programming Interface) that enable the websites, business software, mobile applications, and POS (point of sale) device to connect and send transactions. Their customer service and ability to handle complex ticketing situations were key to our success. Our integrated payments solution helps our customers process payments faster and more efficiently by harnessing the power of Chase’s best-in-class solutions and brand. With UniPay Platform you have the options of an affordable white label gateway solution, a full on-premise software license (including the source code. Before we move towards the payment gateways for white label merchant services, let’s talk about the regular ones to ensure everyone reading this is on the same page. Indeed, our knowledge and experience lead to the development of the only independent white label payment gateway. ProPay's Payment Facilitator Model. Payment processing up and running in weeks. Cardstream supports all worldwide currencies and all major card schemes in over 120 countries for its current portfolio of 100+ Reseller Partners and their 18,000+ merchants. If the intermediary entity, which funds the sub-merchants, uses different MID for each merchant, it is called a payment facilitator. The approach enables payment acceptance through a sub-merchant platform and offers merchants a white-label payment processing solution. Fill out our partnership contact form. Most of the gateways offer APIs (Application Programming Interface) that enable the websites, business software, mobile applications, and POS (point of sale) device to connect and send transactions right to the payment gateway for. We at Shaw Merchant Group have an awesome white label solution. All you need to start offering reliable. NMI is constantly innovating in the payments space, building new technologies to support your needs — now and well into the future. Same-day deposits with no extra fees. These functions include merchant. White Label Payment Gateways — Become a payment service provider with a competitive advantage, having your own-brand sophisticated payment infrastructure and capabilities • United States. There’s one important word to recognize here: software. Aberman said that leveraging white-label solutions such as that offered by WePay offloads the additional operational responsibility. Customer Support: 24/7 Support. Cardstream's White Labeling service provides a full suite of products tailored to build your unique payment experience. By providing us with a telephone number for a cellular phone or other. All-in-one white-label acquiring software, a bank business environment, comprehensive merchant functionality, and advanced consulting services. We deliver payments you can bank on. 4 billion in revenue as payment facilitators. It is because the white-label software provider assumes full responsibility for these aspects, allowing. Online marketplaces, like home services platforms or gig economy platforms, can use white-label payfac services to handle transactions between buyers and sellers. UniPay Payment Gateway Services. Some businesses are searching for payment gateway solution they could use to connect them to processing partners, while others are deciding on the best option to replace their already. Resellers & Processing Gratuity Payments and Distribution Connect Pay adds security and White Labeling to gratuity transactions. Our Resellers can feel confident that their payments are facilitated correctly with Stripe, and our award-winning software platform. The companies can then package an omnichannel integrated solution to their consumers, never needing to rely on an outside third-party provider. With GETTRX’s PayFac-as-a-Service solution, your customers receive seamless signups while you leverage payments as a revenue strategy. 1. Virtual Terminal Gateway Easily accept phone-orders and ACH payments through a Virtual Terminal. The next step towards becoming a payment facilitator is creating a merchant management system. Merchant of Record. Uniform Business Rate: A multiplier used in England and Wales to determine how much money owners of commercial and industrial properties must pay each year to their local governments. The model eases an account acquisition, and lets merchants accept payments under the master MID account. This also means you will have the freedom. Software processing logic should be separated from the core product. 59% + $. View Software. Most of the gateways offer APIs (Application Programming Interface) that enable the websites, business software, mobile applications, and POS (point of sale) device to connect and send transactions right to the payment gateway for authorization. $1,625,000. For software to be considered a payment facilitator, the product must host payments as part of its. It includes professional services that allow you to customize and add any necessary functionalities. Lean how payment gateways work and other major benefits of White Label Merchant Services. But for this purpose, it needs to build a strong relationship with an acquirer that will underwrite it as a PayFac. We support more than 100 gateways, from eCommerce, to EMV and. Optimize UX, minimize overhead, and maximize your margin with our payment platform. Cardstream’s Open Payment Network offers an independent Payment Gateway with a vast array of acquiring banks UK-wide. 49% + $. Moreover, becoming a PSP and providing merchant services can be much easier for businesses with a white-label payment gateway product. Payment Terminals QR Payments Mobile/Webb Payments Open Banking Payments Card Issuing Payment Facilitator Payment Gateway. White-label PayFac program is primarily targeted at software platforms that want to become payment facilitators; it allows them to provide all “classical” PayFac-specific services and gain control over the processes, related to merchant life-cycle, without actually becoming full-fledged payment facilitators. Use a single white-label payment gateway platform to set up and scale all your business processes, maximize revenue and get data-driving. Facilitate To Innovate: How Payment Facilitators Enable The Economy September 21, 2022. Checking the request by an issuing bank. Paynet White-Label is a One-stop shop which provides a bespoke software for Digital Products distribution including International Mobile top-ups, Bill payment services, Gaming vouchers, Transport card. Payoneer. As a result, in the eyes of your customers (both cardholders and merchants) you are the payment gateway provider. Discover how Partners are using Cardstream >. Payment Gateway Software (that already includes most of the necessary logic), take it in-house, go through certifications (and re-certifications) with the acquirers you are going to. 10 basic steps to becoming a payment facilitator a company should take. Our APIs make flexible, integrated payments possible via referral, white label or payment facilitator models, so our customers can focus on their core. Acquirer services with Cardstream’s White Label Payment Gateway. You own the payment experience and are responsible for building out your sub-merchant’s experience. Our PCI DSS level 1 compliant. Take control of compliance. Cardstream is a high-performance Level 1 PCI: DSS-compliant white-label payment processing platform, adding value by offering all major credit card schemes and worldwide currencies. PayVisors delivers white-label, processor independent technology to provide end-to-end support of Payment Management and Sales Process Optimization needs. Talk to an expert. Payment facilitator’s role is to handle merchant lifecycle-related functions (from underwriting and onboarding to funding and chargeback handling) instead of the acquirer. Most of the gateways offer APIs (Application Programming Interface) that enable the websites, business software, mobile applications, and POS (point of sale) device to connect and send transactions right to the payment gateway for authorization. With UniPay Platform you have the options of an affordable white label payment gateway solution, a full on-premise software license (including the source code), which ensures the top-quality payment processing experience for businesses of any size. (Ex for transaction fees in the US: Cards and in digital wallets: 2. A CUSTOMIZABLE PAYFAC SOLUTION FOR SAAS COMPANIES, ISOS AND PAYMENT FACILITATORS. As a result, in the context of the relationship with the processor, the franchiser will represent (in terms of.