Whether it is a retail business, e-commerce, or any type of activity
that involves the processing of a payment card, requires a good payment
gateway. Most businesses and organizations are using a white label payment gateway to transfer the information regarding a transaction between the
payment portal and bank or front-end processor. A recent data security report
unveiled that a large number of login attempts to online retailers’ websites were
illegal hacking attempts. Also, at least 70 % of retailers have encountered
security failure with their online stores. Therefore, it’s imperative to use a
secure payment gateway that helps you the protection of unauthorized access in
real-time and providing encryption between buyer and seller.
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What is a payment gateway?
A payment gateway is basically a software that processes payments after
completing an online purchase between the merchant’s website and the acquiring
bank. Here, a white-label payment gateway method allows a company to render
payment processing services under its name.
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Why choose a secure payment gateway?
Along with online business owners, software companies who want to create
their payment gateway for themselves or sell it to customers should choose a
white label payment gateway. There are pleathora companies offering secure and
easy to use payment gateway for software companies. It has become
popular within a short time because there is no need to pay extra to develop a
payment gateway that makes it inexpensive. A trusted white label payment
gateway allows the safe transaction, saves time, and helps you concentrate on
growing your business.
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