People are constantly asking questions like: what is Airbnb payment system; what is Uber payment system; who is Airbnb payment processor etc. In 2010-2011 the payment service provider behind Airbnb (according to the company’s founders) was Braintree. But now the company expanded to many new geographies and utilized multiple new payment ...Read more
UniPay Gateway Payment Advice
Having worked in the industry for more than a decade, we know firsthand, how challenging it is to choose an optimal payment processing gateway solution for a business. Indeed, selection and implementation of credit card processing gateway solutions depends on multiple interconnected factors that should be taken into consideration.
In addition to this, various types of businesses—startups, merchants, payment facilitator companies, investment firms, venture capital companies, franchisors, SaaS platforms, and online marketplaces—are all keenly interested in specific payment gateway processing services. All the listed business types have their own specific needs and questions to the industry.
All the listed business types have their own specific needs and questions to the industry.
Let us look at the needs and questions, that different companies have to address.
Payment gateway processing needs and questions
Many of our existing and prospective customers seek relevant gateway processing advice. Categories of our customers and readers include but are not limited to:
- Various startup businesses;
- Merchants searching for gateway credit card processing solutions and partnerships;
- PayFac companies;
- Different types of independent sales organizations;
- SaaS platforms choosing between different flavors of credit card payment processing gateway options;
- Venture capital companies and investment firms;
- Online marketplaces;
- Franchise owners;
- Payment software providers and ISV that want to keep track of the advanced credit card processing payment gateway
Industry newcomers often focus on basic questions such as “what is a gateway for credit card processing?”. They need to know the roles of acquirers, processors, and gateways, as well as the differences between these entities.
Merchants and payment facilitator companies are looking for payment gateway credit card processing partnerships. Usually, they need to choose between off-the-shelf and white label payment gateway solutions.
Conventional and wholesale ISOs, SaaS companies, franchisors, online marketplaces, and venture capital firms, are considering the prospect of implementing the payment facilitator model.
Larger companies and international corporations are looking for global gateway credit card processing solutions. These businesses want to know more about cross-border transaction fees, multicurrency operations, and payment processing worldwide.
Payment software developers want to know about the latest fintech trends, advanced technologies, and common payment gateway processing error types they should prevent and avoid.
In order to accommodate the needs and answer the questions of the widest spectrum of readers and customers, we are creating high-quality content. It includes both textual and visual information. Presently, payment gateway processing advice is the largest category of information materials, offered at our resource hub. The section features more than 130 topical articles, covering various aspects of electronic payment processing.
Let us take a closer look at the articles published in the payment gateway advice section of our resource hub.
A sneak-peek at our payment gateway processing advice
Articles in the payment advice section are not grouped into specific categories according to topics or target readers. These articles appeared during the last decade to cover the most relevant issues of fintech, payment processing, and payment services provision.
Some articles explain the basic concepts related to payment processing ecosystems. They include acquirer, processor, gateway, merchant of record (MOR), ISO, conventional and white-label payment facilitator. These articles will be of interest to those who are familiarizing themselves with fintech field.
Articles on multicurrency payment processing, cross-border transaction fees, and handling payments worldwide will be helpful for international companies.
Advice on implementation of white label payment gateway solutions will be beneficial for companies that are looking to have a payment gateway of their own. It turns out that white label payment gateway offerings, such as UniPay Gateway, provide more control than third-party gateways, but require less investments than off-the-shelf solutions developed from scratch by the company’s development team.
Most articles are dedicated to some specific technical aspects of electronic payment handling. For example, these aspects include usage of EMV toolkits, processing of in-app and mobile payments, split funding model, and others.
A special group of our articles with payment gateway advice covers strategic solutions for large projects. These include legacy system replacement, reduction of processing costs, getting out of PCI scope, and others.
If you are looking for an answer to some specific question, relevant for your particular business model, there is a high chance that you will find it in one of the articles from our payment gateway advice category.
The articles from our payment gateway processing advice section will definitely help you navigate the payment services industry. Enjoy reading and watching our content!
The list of such concepts as hosted payment gateway, licensed payment gateway and white label payment gateway can now be continued by the new concept of payment gateway cloud. Payment gateway cloud concept emerged only recently, as a result of evolution of customer needs and respective payment technologies. For a startup business ...Read more
The concept of collaborative payment processing is quite new. However, it emerged as a result of a long evolution of payment technologies. Every growing business has to go through several development phases. If a company decides to sell its products or services online, it needs some payment processing platform that it ...Read more
Services for Startups Any startup company that wants to accept payments online has to look for some credit card processing solution to utilize. While many startup businesses are searching for a payment processor or payment gateway, offering their services for the lowest price, this is not the best strategy to follow. In ...Read more
Why should a business decide to switch payment gateway? Switching to a new payment gateway may be a costly and labor-intensive procedure, however, sometimes, it is the only choice. Both merchants and intermediaries (payment service providers, payment facilitators, aggregators, ISO) realize that if current payment gateway solution is unable to satisfy ...Read more
Merchant onboarding and underwriting are essential steps on the way to online payment processing. Present-day aggregators and payment facilitators strive to simplify merchant onboarding process and provide merchants with an opportunity to start processing payments the moment they submit their data to the underwriter. Previously, the process of merchant onboarding could take ...Read more
With the advance of online marketplace models the demand for split funding functionality increases. However, many payment service providers (PSP) are reluctant to offer split payment processing functionality to their customers on top of already provided merchant services. Payment service providers are discouraged by the risks and challenges, associated with traditional ...Read more
Usage of tips is a common feature of several industries (including restaurant industry, beauty saloons etc.). Originally, tips were given in cash. However, if credit card processing is involved, tip should be added to the amount of the main purchase. The traditional way of handling tips when a customer pays with ...Read more
Mobile payments represent a new concept, which is rapidly gaining importance within payment processing industry. Payment applications, installed on mobile devices open new horizons for mobile payment processing. The most general question, related to mobile payment processing, is: how can you process mobile payments and remain out of PCI scope, or at ...Read more
After the emergence of online marketplaces and affiliate marketing the need for split funding mechanisms became extremely relevant. It became obvious that conventional model, under which the processor withheld a certain part of every transaction as payment processing fee could not accommodate more complex split payment scenarios. As the new types of transaction ...Read more
The concept of online marketplace became relevant after rapid development of companies, which chose online marketplace model as their basic business model. The most well-known examples include Uber, eBay, as well as Amazon. In the online marketplace model credit card processing has its peculiarities. Transaction processing mechanism, used in marketplaces, has to ...Read more
EMV compliance is an important issue, faced by today’s merchants. In order to become EMV compliant, a merchant should implement a payment terminal solution, which allows it to accept EMV chip card payments. Particular steps to be taken, i.e. the merchant’s strategy for implementation of the EMV standard, depend on the ...Read more
Addition of a retail payment processing component to an existing payment ecosystem, which is presently focused on handling of recurring payments, and, consequently, is equipped mostly with batch processing functionality, is a serious challenge. The problem is extremely relevant for recurring billing software vendors who decide to make their operations model ...Read more
The number of payment facilitators at the modern merchant services market is rapidly growing. The concept of a payment facilitator is gaining popularity, alongside other concepts, defining different intermediary entity types, such as a payment service provider (PSP), a payment aggregator, merchant services provider (MSP), or an independent sales organization (ISO). ...Read more
Implementation of a payment terminal solution is a relevant problem for many present-day companies that are interested in both card-not-present and card-present payment processing. The problem became even more relevant after the EMV liability shift, as EMV certification is an important phase of payment terminal solution implementation. Card-Present Solution Implementation Companies, that face ...Read more