With a fast-growing and expanding business, it becomes difficult to cope with the payment managing process. The business owner faces many challenges: providing the transactions and user management, tracking the payment processing, and customers monitoring.
For that reason, technology solutions and management platforms might be useful. However, developing such software requires a lot of time and effort, so this process can take some years.
A white-label merchant management system is a digital solution for your business that allows you to use a ready-made solution for transaction management in a short period of time.
How does white-label merchant management system work?
A merchant system allows you to control the payment processes and financial flows via a single access point. A merchant account works as a connection between the bank and the customer to process online transactions. Every time when the customer buys the product with a credit card, the merchant management system submits the purchase transaction information to its issuing bank. A white-label merchant system also allows you to use a ready-made platform with your brand designs. It is possible to customize the system to attract more customers and boost client`s retention.
Advantages of using a white-label merchant management
Using this system helps you to increase your revenue, focusing on the product features while the technical basis is handled by a professional team. The special benefits depend on the your product requirements, but generally using the platform offers the following advantages:
Easily operated. With a white-label merchant management system you do not need to develop software from scratch and can use a reliable transaction core to control the payment processing.
Flexibility. The merchant management system provides an easy integration process to launch a standalone product.
Safety.The database is stored on your servers to provide data security and follow the legal regulations of your country.
Support. Using the ready-made and tested platform minimizes the risks associated with data leakage.
Through the use of a merchant management system, your company can run transactions processing, track terminal inventory, assess risks and provide spending tracking.
SDK.finance payment solution
SDK.finance offers a white-label merchant management solution that can help you to control payment processing, provide the transactions and user management, and monitor the customers data. Our platform is a reliable core for your financial products that allows your company to build an own digital financial ecosystem.
SDK.finance merchant management system provides:
- Money transfer. Provide your customers with fast and seamless money transfer via integration with payment- and service providers.
- Customer management. You can get a comprehensive view of each customer’s profile: personal data and documents, their accounts, activity log, transactions and statuses.
- Bill payments and templates.Help clients save their time, providing convenient templates for bills and other types of payment.
- Expense tracking. Allow customers to check the spending with charts and graphs. It is also possible to show transactions on the map option for maximum convenience.
- Multi-currency system. Let the client use an unlimited number of currencies within the system.
- Secure data. The database is stored on your servers to provide data security.
Our payment system can help you reduce development and maintenance costs, speed up the release date, and focus on functionality and implementing new features for your product.
Modern finance world requires new solutions to make the payment process easier and more convenient. SDK.finance can provide you with a white-label merchant management system as a foundation for your finance product. The platform can speed up the market entry process, without huge expenses and in a short time.