Payment Gateway Comparison: Authorize net vs NMI ECS

However, for most merchants, going through a payment processor and reseller will be the best option. Both gateways do not support this feature for American Express cards. While Discover may be a small percentage of transactions, for those running a recurring billing business, NMI will cover more cards and customers white label payment gateway reseller with their updater due to the inclusion of Discover. But merchants with complex e-commerce and retail processing needs will likely enjoy the extra features NMI offers. For strictly online sales, Authorize.net is generally a better choice. However, there are a few differences when it comes to these platforms.

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If your high-risk products are sold internationally, NMI may be a better fit for your business. NMI has more international support and can work with more processors around the world.NMI also generally works better if you are selling a mix of high-risk products along with standard products. The surcharge fee is based on every transaction via the payment gateway your store processes. Use our latest security standards to provide your customers with a transparent and safe shopping experience.

White-label payment gateway represents one of the alternative solutions that many of these companies are trying to “embrace”, understand, and implement. It’s also important to note that many merchants will be accessing these gateways through a reseller. However, a lower monthly cost isn’t always better when choosing a payment service provider. Simply because you may not get the support and other features you need. Both Authorize.net and NMI are viewed as universal payment gateways. The payment gateway service provider handles the technical aspects of accepting and processing crypto payments, while the business can focus on its core operations.

And while our opinion might still be slightly bias, we did our best to stay impartial when equipping you with full information. Under the basic white-label payment gateway service arrangement, you are using a shared gateway instance that can be used by other merchants/ISOs. Within this instance, thanks to your specific settings, the user experience (for example, the look of forms, with which your employees and merchants work) is customized according to your requirements. In this article we are going to describe the concepts of white-label payment gateway and white-label payment processing. Nowadays more and more companies are trying to choose a payment solution or find some replacement for an existing legacy system.

White label payment gateway solutions

You can build your brand, market your business and improve your business’s visibility. You can also control the customer relationship by offering great support services to deliver a great customer experience. Instead of reselling or promoting someone else’s brand, merchants or ISOs can use the white label merchant services and enjoy more control.

Opting for a white label model, business owners preserve their peace of mind, knowing they use a comprehensive technical solution from an established provider with a solid reputation. Datacapsystems.com is using a security service for protection against online attacks. The service requires full cookie support in order to view this website. In order to understand the white-label payment gateway concept, we should analyze the context of its formation, i.e. how it emerged.

White label a Bitcoin and Cryptocurrency Payment Processor

Corefy is a universal feature-rich payment orchestration platform for online businesses and payment institutions. We integrate payment providers and acquirers all around the world to bring a unified communication, control, and management interface. For a majority of retailers, both Authorize.net and NMI should fulfill their needs for payment processing. Both are trusted players in the payment gateway space and are used by countless companies around the world. Membership sites or recurring billing-based business models are very popular in e-commerce.

White label payment gateway model works particularly well for ecommerce merchant services providers, gaming platforms, and casinos. In a nutshell, white-label payment gateway software is a payment system developed by expert third-party providers. Merchants or agents usually use or resell this system as their own by completely changing the system’s branding to match corporate style guidelines (hence the “white label” notion).

High-Risk Processing

A white label payment gateway allows companies to put their brand name on the product that is developed by a third party. It provides opportunities to the reseller in offering the product or service without spending the necessary resources. Payments services providers (PSPs) – PSPs require personalised payment gateways to establish connections with banks, processors and other gateways. Recent technological advances enables you to simply license a white label open source payment gateway, without having to build one from scratch. To make the platform of the white label payment service provider your own and customize it, make sure you ask what branding options are available so that you can brand the payment gateway as your own. A regular gateway contract requires the merchant or ISO to resell the payment gateway of their brand.

White-label processing refers to the process of one company providing its services or products to another company who then rebrands and sells them under their own brand name. The white-label provider handles the back-end processing, while the client company retains control over the customer-facing aspects of the service, such as branding and user interface. White label payment gateway solutions offer businesses of all sizes the opportunity to build an online payment infrastructure quickly and efficiently. A fully supported, ready-made gateway that is designed and maintained by a payment service provider and sold to others as a customizable, brandable SaaS. A white label payment processor allows businesses to offer other high risk merchants, a payment gateway using their own brand name.

There can be technical differences though involving whether or not you sell a variety of high-risk and normal products via the same store. There may also be differences between retail vs online or whether you sell internationally. This is an area on NMI’s secure servers where merchants can store customer billing data for recurring purchases.

Customer DNA for fraud prediction

So if you already have a site built and running, make sure there is not a compatibility issue before choosing your gateway. If building from the ground up, decide on the processor you want first before developing your site to avoid compatibility issues when it’s completed. Both processors work with a majority of shopping carts as well as high-risk-friendly carts. There are only a few exceptions with either no compatibility or require workarounds which may be cumbersome to implement.

It takes quite a lot of time, and each connection requires constant maintenance and updating. On the contrary, by choosing a white label solution, you’ll have a bunch of ready-made integrations to connect and offer to your merchants at the very start. Whether you are a merchant or a reseller shopping around various white-label payment solutions, you need to know your options. The market keeps on growing thanks to the growing popularity of online shopping.

In essence, traditional payment gateway providers added a branding feature, allowing their clients (ISOs, acquirers) to use their software products, with their URL, logo, name, and other information. As a result, an ISO could offer its customers both merchant accounts and payment gateway services (although they were actually provided by the third party). The payment gateway or processor remains invisible to the end user, who only sees the company’s branding and user interface. In this article we are going to focus on white label payment gateway model. A white label payment gateway reseller or provider is a company that offers a third-party payment gateway service or product. However, in contrast to a traditional payment gateway provider, it allows you to brand it with your own logo.

This can be an attractive option for businesses that want to accept crypto payments without having to invest heavily in building their own payment infrastructure. Brand equity https://traderoom.info/ is the financial value that your brand adds to your company. With the help of the white label payment platform solution, you will be able to maximize your brand equity.

The main advantages of a white label gateway solution are as follows. We gave the first cryptocurrency exchange in the CIS region a single place to manage its operations and provide payment services to other businesses. Maintenance, hosting, adding new integrations to the list are all the responsibilities of the technology provider. In the meantime, the merchant gets to enjoy all its benefits without worrying about the tech aspects of the gateway. This instance is intended to service only your needs and the respective technical support team is assigned. That’s why banks and acquirers, PSPs, ISOs & MSPs, and large platforms with licenses all opt for white-label PSPs.

The team developed the product ahead of schedule, and it successfully launched. The vendor’s services have motivated the client to develop more crypto-based applications in the future. Very Satisfied with HashCash Consultants White Label Cryptocurrency Exchange Software Solution. HashCash Consultants has delivered a quality product on budget and on schedule.

It’s important that merchants are able to seamlessly bill their customers should card numbers or expiration dates change. The Payment Card Industry Data Security Standard (PCI DSS) compliance is a critical area when deciding on a gateway. PCI DSS is a set of guidelines put forth by card issuers for merchants to follow. The guidelines cover how to securely handle customer and billing information. They also both have robust features for online sales and e-commerce and will work with a majority of stores and products. However, there are a few differences between these two gateways when it comes to specific products and we’ll touch on that in the next section.

• They also both have robust features for online sales and e-commerce and will work with a majority of stores and products.
• Simply because you may not get the support and other features you need.
• Datacapsystems.com is using a security service for protection against online attacks.
• PCI DSS is a security standard that was designed to protect credit/debit card transactions.
• At the same time, the virtual gateway remains a part of a larger cluster, including additional hardware nodes.

Payneteasy’s white-label solution is all about simplifying payment processing and refining the customer service your business provides. It is a sophisticated yet easily manageable system that can collect and authenticate data for you to accept payment transactions. Payment service providers can use the IXOPAY white label solution to create their own merchant and user accounts and set up individual payment methods for each merchant. With your company branding taking center stage, you can provide an exceptional service that will strengthen your industry standing. The IXOPAY risk engine will give you peace of mind, with its customizable risk rules and state-of-the-art fraud prevention. In choosing to white label with IXOPAY, you can save time and money on development that can instead be put into growing your business.

With the growing popularity of online shopping, the demand for white-label payment solutions grew exponentially. As a response, new technology vendors emerged turning the market into a highly competitive one. We’ve looked into the market leaders and are now ready to present the best white-label payment gateways you can choose from. Creating a cutting-edge payment gateway that ensures both smooth and fast checkout process is mandatory for any business willing to expand its market presence. However, with the cost of development and maintenance, such a gateway can become a real financial burden. In this article, we’ll look into the benefits and explore your best white-label payment gateway software options available now.

If you are a startup company, with a small number of sub-merchants, whose processing needs are more or less common, hosted solution is the best option for you. However, as your business grows, you can take your white label payment gateway solution “in-house” as an open-source-code product, and customize it according to all your new needs and requirements. Providing payment processing services to merchants requires your gateway to comply with a range of standards. For example, it takes time and money to get PCI compliance validation and undergo yearly audits to reaffirm it.

Most merchants will access either of these two gateways through a reseller. This means your payment processor acts as the reseller to offer these gateway services. Some processors will “white label” these and offer them as their own gateway.