What is white label payment platform?

What is a White-Label Payment Gateway? A White-Label payment gateway allows a payment company to process payments using a third party gateway provider by integrating the company’s logo and colours with payment processors to create a personalised solution.

What different forms of payment methods are can customer use other than cash?

The most common alternative payment methods are debit cards, charge cards, prepaid cards, direct debit, bank transfers, digital wallets, phone and mobile payments, checks, money orders and cash payments.

What is a white label card?

A white label credit card, often called a private label credit card, is a credit card that is offered through your store. It’s usually branded with your company’s logo and design. While there are a lot of different options out there, these usually are backed by a finance company, who handle most of the processing.

What is a white label payment gateway and how does it work?

What is a white label payment gateway? First of all, let’s define the term. A white label payment gateway is a payment gateway system that lets a business owner or a brand to process payments using their official name while using third-party services. To put it simply, a company puts its logo on the customized solution.

What is the best alternative payment method for a small business?

10 Alternative Payment Methods For Businesses. 1 1. PayPal. PayPal For Business makes sense for merchants who need a suite of services that can help them make more money from online sales. If you’re 2 2. Venmo. 3 3. Square Cash. 4 4. Zelle. 5 5. Bitcoin.

Should merchants stop paying processing fees for mobile payments?

In light of the recent and overwhelming adoption of alternative payment methods, though, it makes more sense for merchants to stop eating processing fees and instead provide mobile payment methods with lower usage costs. A world of remote transactions inevitably becomes one that also demands high standards for payment security.