The white-label payment gateway offers a wide range of benefits for payment service providers to capitalize on. This software lets them save significantly on development and maintenance and get a brandable, ready-to-use system equipped with advanced payment technologies.

The global landscape of financial technology providers indicates that they seek to offer robust and secure payment solutions. By leveraging a white-label payment gateway, they can achieve their aim.

There are many providers of white-label gateways on the market these days, which makes it challenging to choose the one that will suit the needs of your business.

In this article, you will discover the fundamentals of white-label payment gateways and learn about the top 5 solution providers this 2023.

What Is a White-Label Payment Gateway?

Generally, a payment gateway means payment software that handles transaction processing on a merchant's website or application.

White-label payment gateway, in turn, is a brandable payment software that payment service providers adopt and rebrand, offering it to merchants under their name. This way, they do not have to make their own payment systems from scratch, spending plenty of time and money on it.

Today, many payment service providers prefer white-label payment software over payment gateways developed from scratch. As for merchants, the white-label payment system benefits them to the same degree, as they access payment technologies that can increase conversion and save on processing costs. Additionally, white-label payment gateways provide a range of other advantages.

What are the benefits of a white-label payment gateway?

First and foremost, cutting-edge white-label payment gateway technologies allow payment service providers to save up to 50% on overall software costs. This is possible because they no longer have to allocate funds for developer salaries, DevOps, and other staff involved in payment gateway development and maintenance, along with expenses for PSI DSS certification, anti-fraud measures, etc.

Being fully branded, the white-label payment gateway enables payment service providers to deliver a payment system that reflects their unique logo and branding, creating a cohesive and consistent customer experience.

The system they receive is ready for deployment, so their time-to-market is much shorter than if they developed the system themselves. Fintech providers generate revenue from the first month of operating a white-label payment gateway.

Also, they can optimize employees' workflow, freeing up their time for more essential tasks by utilizing automation technologies such as smart billing, merchant onboarding, a consolidated admin panel, etc.

5 Best White-Label Payment Gateways

Companies that deliver white-label payment solutions offer software for payment service providers and merchants worldwide. The best white-label payment gateway is robust, secure, and equipped with the latest payment technologies. They make transaction processing seamless and hassle-free.

Additionally, with white-label solutions for payment processing, companies may be able to use advanced software without hiring a professional to maintain their payment platform, fix bugs and make updates. Companies seeking the best white-label payment gateway can choose from the following top service providers who have earned high ratings from satisfied clients:

1. Akurateco

Akurateco is a cutting-edge European-based global provider of white-label payment software. It offers payment solutions for payment service providers, merchants, and banks on a Software-as-a-Service, On-Premise, and Cloud-Agnostic basis.

Behind Akurateco is a group of industry professionals. This team has more than 15 years of hands-on experience in online payments.

As of May 2023, Akurateco has more than 270 integrated banks and payment providers worldwide. Among them is Mastercard Payment Gateway Services (MPGS).

Among the payment methods integrated into the system via an open Application Programming Interface (API) are various popular alternative and conventional payment methods, including credit/debit cards, cryptocurrencies, e-wallets, etc.

The white-label payment gateway by Akurateco is compliant with the Payment Card Industry Data Security Standard or PCI DSS Level 1.

Fintech providers can achieve a remarkably short time-to-market of fewer than two weeks when partnering with Akurateco. This accelerated time-to-market empowers them to gain a competitive advantage by rapidly introducing their payment services to the market, capturing opportunities, and driving business growth.

They will also make their services accessible to clients worldwide. The cutting-edge platform for payment orchestration by Akurateco is advanced and out-of-the-box software. It ensures fast, seamless, and secure payment processing.

It delivers more advantages for customers who strive to stand out from its rivals, offering the following features:

a. Platform customization

Akurateco provides its customers with a fully brandable payment solution that aligns seamlessly with their unique style and brand identity.

Also, payment service providers can fine-tune and optimize the system's functionalities, integrations, and user experience to meet their unique business needs and objectives.

b. Advanced payment security

In addition to PCI DSS certification, Akurateco's customizable white-label payment gateway leverages in-house anti-fraud modules and third-party risk-scoring providers, including MaxMind, and Sift Science, to protect their clients from fraud and reputational losses. Among Akurateco's recent security partners is the AI-powered fraud prevention company, Fraudio.

c. On-premise and Cloud-agnostic setup

Akurateco's payment processing software lets companies deploy the platform in their own infrastructure or on a cloud-based service of their choice.

The white-label payment gateway by Akurateco is especially helpful for businesses with stringent compliance or regulatory requirements. For the company's clients from the MENA region, the solution addresses local regulations and infrastructural challenges.

d. High-quality support and system flexibility

Akurateco is an agile company that offers Payment Team as a Service to deliver more customized human-powered support.

Akurateco's offering is especially valuable for payment service providers looking for a modern, flexible solution to replace their current software from large fintech companies incapable of providing them with quality support and feature customization.

e. International coverage and many integrated payment connectors

Being among the best white-label payment gateways, Akurateco's software integrates with over 270 banks and payment methods.

This wide range of companies includes local and global payment providers. This advantage makes it easier for a payment service provider to enter new markets and offer popular payment options in various regions.

Furthermore, if there is a bank or payment method you'd like to add but are not yet in the system, Akurateco can quickly and hassle-free develop new integrations on request.

The white-label payment gateway by Akurateco lets clients focus on their businesses' development while their team takes care of their payments.

Also, as Akurateco's customers save more money and time on maintenance and development, they can dramatically increase their revenues.

In February 2023, Akurateco integrated with US Bank subsidiary Elavon, a global payment provider. This development facilitates more seamless and faster payment processes for companies leveraging the Akurateco platform.

2. BlueSnap

Technology player BlueSnap is a platform offering seamless white-labeled payment solutions. Besides making white-label software, it also creates transaction management tools and cloud-based payment processing systems.

BlueSnap has its signature white-label software, BlueSnap Relay, that offers the following advantages:

a. Customized, full-white-label solution

Merchants who choose BlueSnap Relay will find the software completely invisible to their customers. It will be responsible for account application hosting on its website or platform.

Furthermore, users are responsible for gathering all the necessary details from their clients and passing them to BlueSnap through its application programming interface or API.

b. Reliable

BlueSnap's updated API and documentation libraries offer users everything their enterprises need.

This way, these customers can quickly and easily integrate their stores or mobile applications with the payment platform.

Various professionals use BlueSnap's white-label offering. They include developers of payment acceptance software and market professionals whose products are used worldwide.

Large payment firms and startups also use BlueSnap's tools, software, and services. This company helps process and manage customer transactions and safeguards enterprises.

c. Responsive and seasoned technical support team

BlueSnap's experienced professionals help develop and maintain a payment platform for companies. They advise clients and workers on any problems related to using the white-label payment solution.

3. Stripe

Stripe is a full-service payment company. Its offerings include a merchant account and a white-label payment gateway.

Being one of the most well-known payment platforms, Stripe has a large suite of add-ons and features. Clients selecting this service provider will enjoy the following benefits:

a. Suitable for companies of all sizes

Huge brands trust Stripe. These businesses include ASOS, Deliveroo, and Booking.com.

But Stripe's developers designed this platform for businesses of all sizes. The company gives clients a hosted payments website designed with code.

Customers also have the option of a portal integration with Stripe Payments. This website gets added to e-commerce pages with one click.

Stripe Payments is ideal for small and medium enterprises. It provides these companies with access to their sales in a Stripe Dashboard through a mobile or web application. This benefit lets users manage payments, disputes, and refunds effectively.

b. Fully customizable

Stripe is the go-to platform for making personalized payment systems. Merchants can design their own customized checkout form for additional aesthetics.

Stripe's custom payment gateway is customizable via its sandbox API and developer tools. Merchants can completely rebrand the solution to match their websites.

Stripe's customization choices include brand logos, colors, shapes, and fonts. Additionally, merchants can use their business URL instead of Stripe's. During checkout, clients do not get redirected to another page then.

c. Global payments feature

Stripe's most significant advantage over its competitors is its international payment features. Merchants will benefit considerably if they are shipping products to different countries.

Stripe supports many payment types and more than 135 currencies. Dropshipping companies can enable direct payments between their customers and third-party businesses.

4. Dwolla

Dwolla is a top white-label payment service provider. This company integrates its clients' businesses with the Automated Clearing House (ACH) network in sending and receiving ACH payments.

Customers choosing Dwolla can enjoy the following benefits:

a. Low fees

Dwolla is a favorable choice for companies that accept payments through bank transfers. These businesses include utility providers and real estate investors.

Reimbursement services and wealth management companies will also benefit from Dwolla's affordable per-transaction charges compared to typical payment processors.

b. Fully customizable

Dwolla's white-label payment software allows merchants to completely customize when integrating it with their portals to match their branding.

c. Scalable and has many fund flows

Dwolla's solution can programmatically handle 5 or 5,000 transactions with one click.

Additionally, merchants can collect, disburse, or facilitate payments with the choice to combine transaction types for debit or credit card payments.

d. Dependable and flexible

Dwolla's white-label payment software has 99.99% uptime. Plus, it has billions in payments processed, making it a reliable option.

This payment processing provider's solution has real-time webhooks, diverse payment flows, and transfer types that increase use cases.

e. Faster payment choices

Merchants using Dwolla's software can control the timing of their receivables or payables using ACH. This benefit also applies to instant balance transfers or wires and real-time payments.

f. Dedicated customer support

Dwolla lets its clients equip their teams with the resources and committed staff members that configure tailored payment software for their businesses.

Dwolla offers payment solutions that power its clients' innovation. It offers sophisticated account-to-account solutions redefining customers' payment possibilities.

Dwolla also provides firms of various sizes with options for more flexible and efficient money flows.

5. Ikajo

As among the top white-label payment gateway providers, Ikajo is a reliable option for merchants. It supports more than 100 payment methods and over 150 currencies.

Furthermore, Ikajo processes primary card payment types and other different alternatives. Clients who recommend this payment service provider cited the following advantages:

a. Secure

Ikajo gives every payment a real-time check with more than 100 parameters. Recurring and one-time payments undergo various verifications for the convenience of customers. Ikajo's clients also get built-in chargeback and fraud prevention software.

b. Hosted payment page or HPP integration

Ikajo operates HPPs which are located outside the merchant's official website. An HPP allows consumers to pay for services and goods during checkout.

Ikajo's customers, such as store owners, can customize the payment page. In this manner, the website looks like the initial portal in terms of design.

The HPP integration feature of Ikajo is ideal for small and medium businesses. For merchants with high transaction volumes, API integration is suitable.

c. Versatile and reliable

Merchants choosing Ikajo can use various transaction types, depending on their enterprise's needs. For example, Ikajo offers cancellation and payment transactions.

Payouts are ideal for gaming companies. Ikajo also offers subscriptions and recurring payment solutions.

This white-label payment gateway provider manages all transactions automatically. This stage happens once its clients agree to the fee structure and set time intervals.

Akurateco, BlueSnap, Stripe, Dwolla, and Ikajo are the five top providers of white-label payment gateways. These companies have experienced specialists developing white-label software and delivering efficient hands-on support. Payment service providers who choose among these best custom payment gateway companies can increase their business profitability and revenue streams.