What Is A White Label And What Is Its Importance?

in paymentgateway •  3 years ago 

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PayStudio is a leading provider of white-label solutions for online merchants. If you want to start an e-commerce business but do not want to be limited by what your current payment gateway offers, look into white label processing today!

A white label solution is a service or product that has been rebranded to conceal its identity. It is called a ‘white label’ because the resulting product appears as if made by a company other than the one that actually made it. A white label solution allows a web hosting service or merchant to conceal critical product information, including its name and branding.

A white label processing account provides payment gateways with a way of obtaining a small discount on processing interchange fees to allow a third party to rebrand the payment gateway’s service and use its logo. In general, a merchant will have either a preferred payment gateway it wishes to use or an existing relationship that needs to be honored. The ability to rebrand avoids creating additional products to accommodate the smaller discount offered by white label processing.

A merchant only needs one account for all of their businesses instead of opening separate accounts for each business they operate. In addition to not being required to create separate merchant accounts, they can also have a single set of reports across all their businesses. They only need one user account for each business and the ability to check transaction status and make changes any time they like. The merchants benefit from having unlimited users and virtual terminals.

It is important to know how white label processing can help your e-commerce business. PayStudio offers the following benefits:
Overall cost savings on credit card fees
You own the customer relationship
Card details are encrypted, meaning they are processed securely
24 x 7 x 365-day support is available
We have explained enough why one should choose us as their white label payment processing platform, Still not convinced? Schedule a demo now by dropping an inquiry on: [email protected] or call us at +44 0 (800) 887 0291 https://paystudio.vip/

Follow PayStudio to get daily information about payment gateway, fintech industry , gaming industry, forex and many more. https://www.linkedin.com/company/paystudioo

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