Hips payment platform enables your merchants to launch within minutes by provisioning both the merchant account and gateway services within a real-time manner. We provide payments infrastructure for independent software vendors (ISVs) and software platforms to ensure small businesses get paid quickly and easily. White Label Payment Facilitator Model; Before Starting a Payment Facilitation Project; Payment Facilitator Paradigm and Beyond: VAR, ISV, Next-generation ISO. Plan for long-term success. Shaw Merchant Group opened for business on day one the same way many entrepreneurial companies do - with just one. 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. (PSPs), Payment Facilitators (PFs), Independent Sales Organisations (ISOs), Independent Software Vendors (ISVs), and other Value Added. White-label. A PayFac is an intermediary entity, performing a set of functions (delegated by the acquiring bank) for multiple merchants. 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. We also connect to many leading global payment financial institutions allowing us to offer a wide range of payment solutions. Customer Support: 24/7 Support. Indeed, our knowledge and experience lead to the development of the only independent white label payment gateway. "Ticketsauce is the ideal partner for the San Diego Film Festival. It is suitable for Payment Service Providers (PSPs), Independent Sales Organizations (ISOs), Acquirers, Merchants of Record (MoR), Payment Facilitators. This innovative approach ensures businesses can enjoy White. It is a “try-it-before-buy-it” solution. Support for every possible payment method comes out of the box when you work with. Accept a full range of payment types. Payment gateway software or some form of software package that will deliver transactions to the acquirer. 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. As the white label payment facilitator ,. UniPay is an innovative and comprehensive payment gateway solution developed by industry experts. Split payments for marketplace; Payment facilitators; Full DSRP support; Easy-to-integrate API. The irst is to act as a retail payment facilitator, owning the relaionship with the client on a white-label basis and outsourcing risk management and processing to a third-party PF. Payment to Payout Reconciliation. Spell - white label payment gateway, e-wallet, and billing software united under one PayTech platform & RESTful API. The white-label payment facilitator enables you to accept all major credit cards and debit cards with just one integration. such as payment service providers and payment facilitators. 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. Create your own white label payment gateway and offer affordable, simple, and transparent payment processing to your clients. Route payments, split funds, change user information, send money, issue refunds, manage chargebacks, create customizable reports. A merchant acquirer or an acquiring bank is a bank that underwrites (and later funds) a merchant and (what is important) assumes the liability and risk, associated with credit card fraud and chargebacks. 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. Through a single connection, we provide merchants and resellers with access the most relevant payment methods and digital acceptance. Also, some companies, such as United Thinkers, are offering special payment facilitator programs. Accept hundreds of currencies and payment methods including online, mobile, point-of-sale, subscriptions, billing and invoicing at scale. PayFac or ISO. Payment Service Providers (PSPs), Payment Facilitators (PFs), Independent Sales Organisations (ISOs. The number of payment facilitators at the modern merchant services market is rapidly growing. Receiving confirmation (or cancellation) of the transaction. Stripe provides a way for you to whitelabel and embed payments and financial services in your software. How a White Label ISO Program Works. A payment facilitator manages the entire electronic payments process on behalf of merchants. With UniPay Platform you have the options of an affordable white label gateway solution, a full on-premise software license (including the source code. Hitachi Payments is one of the select non-bank entities in India which has been licensed by the Reserve Bank of India (RBI) to deploy White Label ATMs (WLAs) across the country. The model eases an account acquisition, and lets merchants accept payments under the master MID account. With a single integration, merchants can access over 300 payment connectors, consolidated data reporting and management, a payments calendar to keep track of their monthly or yearly fees, and more. Customer Support. A registered Payment Facilitator, also known as a “PayFac” or “merchant aggregator” is a third-party business or platform that contracts with an acquirer to provide payment services to their customers, referred to as “sub-merchants. One of the key reasons why a company might want to adopt a payment facilitator model is its desire to thoroughly integrate all merchant lifecycle-related processes within one system. 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. Checking the request by an issuing bank. One of the key differences between payment aggregators and payment facilitators is the size of sub-merchants they are servicing. A high-risk Internet Payment Facilitator (HRIPF) is an entity that enters into a contract with an acquirer toWhite-Label merchant services, and how products like white label payment gateways, mobile payment processing, white label merchant services. A marketplace is a tool, allowing multiple vendors (retailers) and affiliates to sell their products and services through a unified platform. Later, the payment facilitator model could license the white label software and customize it for their purposes in-house if needed. The software decides whether to approve it or not. 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. One of the reasons for this phenomenon is that many companies (including former independent sales organizations (ISO)) find it more profitable to combine the functions of an online gateway provider and a merchant service provider (MSP). At the same time, it allows you to save on third-party software and eliminate most of transaction fees. Besides that, a PayFac also takes an active part in the merchant lifecycle. New York, NY – (September 24, 2018): United Thinkers, a New-York based commercial open-source Payment Management Software provider has launched a white-label. 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. Use Stripe’s whitelabeled payfac solution to bring payments in house and fully control the customer experience—from payments pricing to payout timing. Discover flexible, scalable solutions that fuel your growth and transform the payments experience to delight your customers. Cardstream is a high performance Level 1 PCI DSS-compliant white label payment processing platform. If your application is approved, you get onboarded under the PayFac’s master merchant ID. Being among the best white-label payment gateways, Akurateco's software integrates with over 270 banks and payment methods. A third party actually provides the service, but from your customer’s perspective, the service provider is you. That means merchants do not need to have their own MID. To become approved, the merchant provides a few key data points to the payment facilitator. They allow future payment facilitator companies to make the transition process smooth and seamless. Upfront costs are low, but you have to pay transaction fees and software fees further down the road. White Label Payment Facilitator Model; Before Starting a Payment Facilitation Project; Payment Facilitator Paradigm and Beyond: VAR, ISV, Next-generation ISO. Becoming a White Label Payment Provider: If you become the payment gateway provider rather than reselling someone else’s, you’ll have several unique opportunities at hand. Put our half century of payment expertise to work for you. Paylike's SDK, dashboard and plugins are build entirely on top of our open API's and as a platform you can choose either to fully white. In Q4 of 2019, Shopify reported revenues of $321. Moreover, we feel that payment facilitation, merchant, and gateway services are as relevant and demanded as ever. Full white label payment solution with your logo and branding on applications, statements, online enrollment, merchant and partner portals. How a White Label ISO Program Works. Payment types and. Payment Facilitators and Payment Aggregators. An ISV can choose to become a payment facilitator and take charge of the payment experience. Venmo: 3. Plus, you will have to pay for servers and gateway product maintenance. Full visibility into your merchants' payments experience. FAQ. The degree of flexibility of a white label product or service, usually, depends on the size of. They just offer the software that processes the payments. You will receive a white label payment gateway with a complete card-present solution, including SoftPOS and remote key loading mechanisms. We deliver payments you can bank on. advanced recurring billing, chargeback management, Acquiring Relationships development, Payment Facilitator assistance, EMV terminal solution. Software processing logic should be separated from the core product. At Cardstream, we offer ample partnership opportunities from co-branding to a full white-label payment gateway. Global payment revenues totaled $1. They white-label payment processing services and help sub-merchants process transactions using their master merchant account. In addition, via its Ziftpay partnership, it also provides a white-label payment facilitator program. Companies with a desire to become payment facilitators face a long road and many challenges, but it may be possible for your company to meet those challenges if you know what’s expected and choose the right payment gateway solution. We provide payments infrastructure for independent software vendors (ISVs) and software platforms to ensure small businesses get paid quickly and easily. Increase Business Valuation Payment Facilitators increase their business valuation by adding payments as an exponential dimension of growth. Becoming a White Label Payment Provider: If you become the payment gateway provider rather than reselling someone else’s, you’ll have several unique opportunities at hand. Customized Payment Facilitation (PayFac). Becoming a payment facilitator is a complicated. You can invite guests to your place, and they will not care much whether you own it or rent it. However, there’s an alternative - white label merchant services. Welcome to Cardstream's Open Payment Network. Step 4: Buy or Build your Merchant Management Systems. Ample customization and branding options. At Cardstream, we offer ample partnership opportunities from co-branding to a full white-label payment gateway. From a full end-to-end White Label Payment Gateway to modular solutions, covering all your payment requirements in the forever changing payment processing landscape. Accept hundreds of currencies and payment methods including online, mobile, point-of-sale, subscriptions, billing and invoicing at scale. APIs make white label integrated, payment facilitators, and/or referral models payments possible. Paycaps is one of the most preferred payment gateway solutions for apps and websites in Dubai, Abu Dhabi, and the rest of the UAE. Use a single white-label payment gateway platform to set up and scale all your business processes, maximize revenue and get data-driving. If you are not ready to face these costs and requirements all at once, you can resort to white-label payment facilitator model. Dwolla is a white-label payment service that integrates your business with the Automated Clearing House network to send and receive ACH payments. We deliver payments you can bank on. Vendor costs change depending upon your business, your needs, and risk tolerance. Check Out. Case Studies. "Payments as Service White Label Gateway On-Premise; Branding: iAll merchant-facing resources, including payment pages and merchant statements, will have your logo and URL: Logo: Logo + URL: Full: Support: iTechnical and customer support for your personnel and your merchants are available: : + fee: Consulting* iConsulting includes the design of. With Paylike Platforms you can take advantage of our API-first approach and fully white-label Paylike and offer your own payment service no matter what type of platform you run:. 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. The concept of merchant onboarding is extremely relevant for both prospective merchants and various types of payment aggregators and resellers. Are you a merchant sales agent or an Indendent Sales Organization that’s looking to make it to the big leagues of the merchant industry; the payment gateway providers? Well, it might require some serious investment to set up a complete infrastructure that can even break your bank. The second type is a more modern, technology-first payfac solution from a commerce provider like Stripe. Embedded experiences that give you more user adoption and revenue. Payneteasy's gateway is a fully brandable, white-label solution. All-in-one white-label acquiring software, a bank business environment, comprehensive merchant functionality, and advanced consulting services. With UniPay, you have the options of a flexible "payment as a service" model, an affordable white-label payment gateway solution, or a full on-premise software license, which ensure the top-quality payment processing experience for businesses of any size. Launch merchants in minutes with NMI's white label payment facilitator enablement software. A white label option provides limited control over the process and involves much less liability. 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. The white-label payment facilitator enables you to accept all major credit cards and debit cards with just one integration. United Thinkers released an updated version of a free white paper explaining how to become a payment facilitator New York, NY – (July 16, 2018): United Thinkers, a New-York based commercial open-source Payment Management Software provider has updated its popular white paper for prospective payment facilitators in accordance with. Contacts PayVisors Chad Roll, 561-262. Payments Built for Your Business. How to become a payment facilitator: a roadmap. 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. If you want to become a PayFac yourself, they will be glad to help you. Software providers that sell white-label payments to their customers can attain a number of benefits,. IXOPAY's payment orchestration platform is available as a white label payment solution, enabling payment facilitators to grow while saving time and money on development. A license for a payment gateway software product is acquired and the code can subsequently be changed to reflect whatever branding the. This is a simplified rate. Payment facilitators take legal responsibility for money when it isn’t still in the hands of the buyer and isn’t yet in. United Thinkers is adding support for crypto. **Risk management includes vendors and risk system maintenance. Full white label payment solution with your logo and branding on applications, statements, online enrollment, merchant and partner portals. The integration tools include sample code; test cards; test accounts; and on-demand support from our responsive support team of experienced technicians. 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. Payneteasy. you have the options of a flexible "payment as a service" model, an affordable white-label payment gateway solution, or a full on-premise software license, which ensure the top. PayFacs do not integrate into software or work alongside it. As the white label payment facilitator , you can set your own profit margins and actively get. Payment facilitator’s role is to handle merchant lifecycle-related functions (from underwriting and onboarding to funding and chargeback handling) instead of the acquirer. If you are considering becoming a payment facilitator but are short on budget, choosing a white label payfac gateway can be the best option. and beyond. 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. Stripe Connect is the fastest and easiest way to integrate payments into your platform or marketplace. This gateway solution is yours in name only. 59% + $. Find an acquiring bank authorized to underwrite you as a PayFac. Payment facilitator model allowed all categories of entities to benefit: merchants received fast and smooth underwriting, acquirers could save resources and service larger numbers of merchants. Dwolla offers a robust solution through a white-label API that is built for scale and can be tailored for your business. Our APIs make flexible, integrated payments possible via referral, white label or payment facilitator models, so our customers can focus on their core. We help you do more then add payments to your software! We enable you with the payment infrastructure you need to collect customer payment data. Aberman said that leveraging white-label solutions such as that offered by WePay offloads the additional operational responsibility. A white label payment gateway provides numerous benefits. However, in contrast to a traditional payment gateway provider, it allows you to brand it with your own logo. You own the payment experience and are responsible for building out your sub-merchant’s experience. 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. A white label option provides limited control over the process and involves much less liability. A white label payment solution can have several flavors, depending on the terms of its use. Payments for platforms and marketplaces. These developments. White Label Payment Gateways — Become a payment service provider with a competitive advantage, having your own-brand sophisticated payment infrastructure and capabilities • United States. The software, when integrated. Converge Payment Gateway. White Label Payment Gateway. This includes merchant onboarding and underwriting, advanced chargeback management, Acquiring Relations development, Payment Facilitator assistance and implementation of EMV terminal solutions. Acquirer (s), that will process the transactions. Accept payments in 150. From merchant underwriting, payment acceptance, split fees, white-labeled partner portal,. Take care of the general liability insurance and cyber insurance. (Ex for transaction fees in the US: Cards and in digital wallets: 2. Our APIs make flexible, integrated payments possible via referral, white label or payment facilitator models, so our customers can focus on their core. If necessary, it should also enhance its KYC logic a bit. Kathrine Pensatori. The tests are automated by the. At the same time, payment. Complete development using our API Documentation and . Posted on January 8, 2019 by Nathan Lustig. One-time and recurring payments get different verification scenarios for customers’ convenience. Payment facilitators streamline this process and are an excellent alternative for businesses that want to start processing payments quickly. Unlike WordPress, Sellful is fast, secure, conflict free, licensing. For a SaaS business, customer loyalty and retention are paramount so it is important to keep branding and consistency throughout the customer experience. 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. The next step towards becoming a payment facilitator is creating a merchant management system. Gumroad – White-label eCommerce Platform. There’s one important word to recognize here: software. Clear Pricing: With UniPay, hidden fees and surprise charges are a thing of the past. We at Shaw Merchant Group have an awesome white label solution. If you run a platform and want to offer payment services under your brand, you can use Paylike Platforms and utilize our powerful API's. 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. Compare the best White Label Payment Gateways in Australia, read reviews, and learn about pricing and free demos. (Application Programming Interface) that enable the websites, business software, mobile applications, and POS (point of sale) device to connect and send transactions right to. 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. Customer Support: 24/7 Support. Our white-labeling payment gateway technology lets you sell NMI’s bank payment services as your own, maintaining your relationships and strengthening your brand perception. May 03, 2022Before 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. Such white label branding of services can be both a long-term or an intermediate solution for a company on the way to payment facilitator model. “You can own payments as a core competency, as a revenue. Our APIs enable you to build and scale end-to-end payments experiences, from instant onboarding to global payouts, and create new revenue streams—all while having Stripe handle payments KYC. White Label Payment Gateway of Your Own. Hootsuite – White-label Social Media Management. This “white label” solution is ready for your brand and includes your logo, colors, and contact information, so your merchants only identify. No, we are a fully brandable white label payment software. As a result, in the context of the relationship with the processor, the franchiser will represent (in terms of. The Benefits of Becoming a Payment Facilitator for Franchisors; Becoming a Payment Facilitator for a Saas Platform; PSP & PayFac 102. All white label payment gateway providers must comply with Payment Card Industry Data Security Standards (PCI DSS) and other industry-specific regulations. Payoneer. With its numerous benefits and seamless integration, this innovative platform will revolutionize the way you handle payments. UniPay Gateway is the leading Omnichannel payment processing and management solution for PayFacs, Saas and equity firms operating worldwide. No need to handle the issues, related to payment security, integrations, certifications, and maintenance. The Cardstream payment gateway can be white labelled for global acquirers to leverage a world leading solution. Demo Tour. Acquirer (s), that will process the transactions. You may dismiss the idea at first, probably thinking that you don’t have the infrastructure or expertise to become a payment processing company. Payment processing up and running in weeks. The Evolution of White Label Payment Facilitation: Nationwide Payment Systems Leads the Way. Hips payment platform enables your merchants to launch within minutes by provisioning both the merchant account and gateway services within a real-time manner. We provide payments infrastructure for independent software vendors (ISVs) and software platforms to ensure small businesses get paid quickly and easily. One pivotal player in this evolution is the payment facilitator—a concept that has. Want to become a Payment Facilitator? Need to reduce payment processing costs?. Order management. Digitzs was born on a white board in San Francisco. Processor-specific Platforms for Payment Facilitators: Vantiv; On the way to Payment Facilitator Model; Virtual Payment Facilitator Model; White Label Payment Facilitator Model; Before. Compare the best White Label Payment Gateways for Startups of 2023 for your business. Get the most from your business model in an ever changing market with white label payment software. Custom branding, competitive advantage, and secure white label payment facilitation. Merchant account applicants want to start accepting electronic payments as soon as possible. Same-day deposits with no extra fees. Payment Facilitator. Stax empowers small businesses, large businesses, and software platforms through simplified, industry-leading payments solutions. Customize the payments experience. One of the key differences between payment aggregators and payment facilitators is the size of sub-merchants they are servicing. Such white label branding of services can be both a long-term or an intermediate solution for a company on the way to payment facilitator model. Behind the Payment Facilitator There is no one-way to process card payments. We enable payments for over 3,200 partners and over 260,000 merchants around the world. "Ticketsauce is the ideal partner for the San Diego Film Festival. Boost sales now!The PayKings high risk payment gateway is a PCI DSS Level I white-label platform with robust capabilities to help you connect in the digital payments world. Ringbot. The open payment network is able to manage the entire payment process in different countries. Traditionally the only thing that had to be taken care of when a processor was changed, was reconciliation and settlement mechanism. 4 billion in revenue as payment facilitators. Paycaps. The Payment Facilitator model can be helpful for various companies, including Software as a Service (SaaS), Payment Service Providers, Holding companies, etc. Multi-project architecture. Blog. Ability to accept all payment types. The white-label payment facilitator model ( PayFac in a box) is a try-it-before-buy-it solution for prospective PayFacs. Start your Payment Facilitator / ISO business in minutes rather than years by connecting to Hips's global payment network for rapid deployment. Merchant of Record. There are no contracts, so if you switch processors later, the white. White-label PayFac program is primarily targeted at software platforms that want to become payment facilitators; it allows them to provide all “classical” PayFac. Moreover, becoming a PSP and providing merchant services can be much easier for businesses with a white-label payment gateway product. To offer payment processing services under your own brand, your ISO partner will provide you with an online application page that doesn’t identify their company. PayFac or ISO. Merchant of record or MOR is an essential link between a company that needs to accept electronic payments and consumers of its products. WePay Features: Pricing: Depends on location. Start your Payment Facilitator / ISO business in minutes rather than. 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. 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. Time-saving: White labeling enables companies to launch new goods and services quickly and effectively without having to spend time and money creating them from scratch. Payment Facilitators (PFs), Independent Sales Organisations (ISOs), Independent Software Vendors (ISVs), and other Value Added Service Providers (VASPs). Create a robust brand ID with Netevia HQ’s white label branded solution. Your brand is unlikely to become the next PayPal, but becoming a payment facilitator may. Start your Payment Facilitator / ISO business in minutes rather than years by connecting to Hips's global payment network for rapid deployment. Let. $3,170,000. By adopting this approach, businesses can easily navigate the process of becoming a payment facilitator. So, here are five main reasons why businesses may choose to use a white label gateway. Complete Virtual Terminal. Most companies. We provide a global omnichannel payment acceptance platform to our clients. The PayFac model was created to streamline the processing of payments without additional steps or solutions. and payment facilitators. That is why opting for it guarantees your software is secure and can handle your customers’ sensitive card data. Decta delivers tens of widespread payment methods including global payment networks, open banking, digital wallets, and connections to acquirers. Payment Management (3) Payment Processing (109) Payment Software (18) Payments Education (1) PCI Compliance (4) PCI Security (8) Portfolio Assessment (2) Portfolio Purchases (4) Portfolio Sales (2) POS. United Thinkers updated its popular white paper on becoming a payment facilitator. Beside simply reselling merchant accounts and serviced (as ordinary ISOs do), VARs provided consulting services, technical support, and even hardware solutions. 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. Online customer support, statistical data. Its potential unleashes the best as your business grows and goes. In this model, the white-label payfac provider takes care of the underlying technology, payment processing infrastructure, compliance, and risk management. Payment Facilitator Models ISVs must select from two models through which they can provide PF services: retail or wholesale. As the white label payment facilitator , you can set your own profit margins and actively get your share of the revenue stream. Acquirer services with Cardstream’s White Label Payment Gateway. Let’s start a PayFac business. About. WHITE LABEL PAYMENT FACILITATOR. Finding the right gateway, or connecting your customer facing software to the right platform can be a difficult task. In this article, you will learn which features are crucial for an efficient billing platform, what pitfalls to avoid and how Spell has got you covered, offering an affordable white label billing software united with many other payment tools within one platform. This is an excellent opportunity for businesses to access top-tier payment solutions at a reduced cost. As merchant’s processing amounts grow, it might face the legally imposed. Get the most from your business model in an ever changing market with white label payment software. Our APIs make flexible, integrated payments possible via referral, white label or payment facilitator. Dwolla is a white-label payment service that integrates your business with the Automated Clearing House network to send and receive ACH payments. You can white-label everything from account setup and management to payment forms and transaction management. 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. Direct API – PayTabs Hosted Payment Page, Managed Form, Merchant Own form. Experience the scalability, reliability and flexibility of account-to-account payments. 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. In exchange for cheaper access to transaction processing (emerging from the opportunity to purchase services from the acquirer “wholesale”, and, thus, pay less), payment facilitators take the underwriting-related risks, handle initial underwriting, merchant funding, and general support of merchants from their portfolios (customer service). Each payment gets a Real-Time check by over 100 parameters. This module is the official VISA/Mastercard protocol for card holder identification. UniPay Platform offers a white label solution that is affordable, as well as an on-premise software license (including source code), and the PayFac. Merchant of record concept goes far beyond collecting payments for products and services. As an independent sales organization (ISO), you can upgrade your business by providing merchant processing services under your own brand. We continue to get inquiries from people and companies. First, it allows monetizing the payment process by becoming payment facilitators. 49 per transaction, Venmo: 3. ProPay's Payment Facilitator Model. Seamless graduation to a full payment facilitator. Paylike Platforms. to manage several business branches. The secure environment allows our Partner’s Merchants to process credit and debit card payments, as well as. Nationwide Payment Systems distinguishes itself by offering a robust Hybrid PayFac as a service solution tailored for Independent Software Vendors (ISVs) and Developers. Payment facilitators Credit card acquirers Any payment method i. 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. With Paylike Platforms you can take advantage of our API-first approach and fully white-label Paylike and offer your own payment service no matter what type of platform you run:. Acquirers white label Cardstream’s payment gateway. 1. As a token of our appreciation for considering our services, we're pleased to offer exclusive discounts on our three payment gateway offerings: Payments as a Service, White Label Gateway, and On-Premises solution. 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. Move and manage money. 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. vip Please follow PayStudio to get. Spell - white label payment gateway, e-wallet, and billing software united under one PayTech platform & RESTful API. Request a Demo. Efficiency Boost. The PayFac model runs on a sub-merchant system. In the case of the Yukom scam, these were the boiler rooms in Israel and Mauritius, mostly Israeli payment processors, and the white-label operator SpotOption, which provided the software and. An embedded payments solution for software providers and SMBs. We provide payments infrastructure for independent software vendors (ISVs) and software platforms to ensure small businesses get paid quickly and easily. A payment facilitator is an alternative to the traditional merchant service provider. United Thinkers Launches a White-label Facilitator Program. We at Shaw Merchant Group have an awesome white label solution. It is because the white-label software provider assumes full responsibility for these aspects, allowing. A white label payment platform is a dynamic financial solution that empowers businesses to seamlessly integrate and customize payment processing capabilities into their operations. We’ll show you how. Nowadays, people often tend to prefer electronic payments to cash. Find the highest rated White Label Payment Gateways in Australia pricing, reviews, free demos, trials, and more. JPMorgan Chase acquired WePay in 2017, connecting our fintech technology with the strength and security of the #1 merchant acquirer. Therefore, maintenance and development will be easier and you’ll have lower costs. (Application Programming Interface) that enable the websites, business software, mobile applications, and POS (point of sale) device to connect and send transactions right to. Payoneer, a white-label payment processing solution, allows businesses easily transfer funds between accounts, pay suppliers and freelancers, and receive payments from customers around. 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. At Paragon Payment Solutions, we offer: Easy-to-use developer API toolkit. 49 per transaction, ACH Direct Debit 0.