A White Label Payment Gateway For PSPs

Many businesses today use services of the PSPs or payment service providers in order to accept and process payments. A PSP is a company which provides merchants with individual merchant accounts. PSPs do not participate in the process of merchant funding directly it is done by the acquirer but they help merchants with underwriting and payment processing. That’s why PSPs should have their own payment gateways in order to establish connections with banks, processors and other gateways.

Fortunately, today a PSP does not need to build a payment gateway from scratch they can simply license a white label open source payment gateway. Why is it reasonable? It is cheaper and faster. If you decide to build your own payment gateway it could take you years to implement this projects what is more it is going to require significant investments. And when we are talking about a white label solution you just need to buy a license, resolve some technical issues and start using it.  

You will come across a great amount of different solutions but in order to understand how it works you need to consider a high quality product such as UniPay Gateway. UniPay Payment Management Platform is a white label open source payment processing gateway which will provide you will sophisticated functionality. UniPay Gateway is integrated with planforms all around the globe, it supports 3D Secure, EMV and P2PE, both card payments and ACH transactions can be processed within the system. Enough? But it is not all yet. More information you will find at the website.

More details on payment gateway development is available at #Paylosophy blog.