In July 2023, we rolled out a new design and structure for transactional notifications your customers receive via email. Currently, these updates are available for emails sent in English and Russian. Very soon, beautiful emails will be sent in all 16 languages supported by our software.
What has changed?
We’re thrilled to announce our participation at FINTEX SUMMIT 2023 – FINANCE AND TECHNOLOGIES EXPO, taking place in Azerbaijan on June 13-14, 2023!
Join us at our booth, where eComCharge UAB, a leading provider of white label payment solutions, will showcase our cutting-edge White Label Payment Processing Solution beGateway. This event is a perfect platform for banks, acquiring partners, and payment service providers (PSPs) to explore new opportunities and unlock their full potential.
We invite all attendees to meet our esteemed experts, Chief Product Officer Alexander Mihailovski and Business Development Manager Polina Kirova. They will be available at our booth to discuss how our innovative White Label Payment Processing Solution can revolutionize your business.
Don’t miss this chance to connect with us, learn about the latest industry trends, and discover how we can empower your organization with seamless white label payment software beGateway. See you at FINTEX SUMMIT 2023 – Finance and Technologies Expo!
On October 5, 2021, eComCharge successfully completed certification and acquired the status of a Visa token requestor in CEMEA. Since May 2020, eComCharge has officially been a member of the global Visa Digital Enablement Program (VDEP).
Payment service providers who lease the beGateway payment platform are already able to use the global token from Visa when working with acquiring banks that participate in the Visa Digital Enablement Program (VDEP). Read more…
beGateway is the white-label payment platform developed and supported by eComCharge UAB. eComCharge offers the beGateway payment platform for PSPs who need to get payment gateways and payment processing systems under their own brand names.
Choose an option that suits you. Read more…
“70% of our tenants are PSPs serving high-risk merchants”
Alexander Mihailovski, СPO of eComCharge UAB, explains to whom he and his team have been leasing branded payment gateways and online payment processing systems built on the beGateway payment platform for 8 years.
When we started offering the beGateway payment platform for those who need to get payment gateways and payment processing systems under their own brand names, we identified three large segments that might be interested in our software:
- Payment service providers who need the appropriate software.
- Acquiring banks that plan to create an in-house payment service provider.
- Large merchants who need their own payment processing software to route and manage transactional flows of their business when dealing with a large number of payment service providers.
We do our best to promote the beGateway platform in all designated segments at once. We have achieved the greatest success in the first one. Today, 90% of customers of the beGateway payment platform are payment service providers.
At the same time, the main tenants of the beGateway payment platform (70% of the total number of our clients) are payment service providers who work in the high-risk niche such as gambling, forex, online casinos, etc.
Such processing companies, as a rule, are created by people with experience in this particular niche. Usually, they come from banks serving high-risk merchants, or they can be agents who successfully work with online casinos and generate traffic for their customers, or they may introduce large merchants to various acquiring banks, etc. At some point, they decide to start their own payment processing business in order to make money on high margin services. As a rule, they already have an established customer base, connections with acquiring banks, but they do not have their own payment gateway and processing system that could link their merchants and the acquiring banks. They rent software of a payment gateway and online payment processing system from us and eventually receive their own branded payment gateways and turnkey processing systems.
The remaining almost 30% of our tenants are processing companies serving low or medium-risk merchants.
Since 2016, there has been an acquiring bank among our clients of the beGateway platform. This is a bank that was looking for a technical solution to connect its own merchants quickly and conveniently.
We are now negotiating with another bank and a company from South Africa that have been successfully operating in the retail acquiring market for a long time. Both of them are planning to enter the Internet acquiring market and are interested in the possibilities of our beGateway platform in order to offer their own branded payment gateways to their customers who need the Internet acquiring services.
Unfortunately, there have been no representatives of our third segment among the clients of the beGateway platform yet. Experience has shown that promoting the beGateway platform for payment service providers and for merchants should be different. In addition, merchants often need less functionality. Our immediate plans are to adjust the offer for large merchants and relaunch the promotion campaign in this segment.
The eComCharge team has launched a system for finding and displaying server transaction processing logs for its customers: every PSP, running on the beGateway platform, in their back-office now has access to a log of requests and responses between its leased processing system and the acquiring banks with which it works.
“Each of our customers has received an opportunity to view the logs of communication between its processing system and acquiring banks on the transactions of interest to them in a back-office of the leased online payments receiving and processing system, without recourse to our Technical Support,” comments the Chief Product Officer of eComCharge UAB, Alexander Mihailovski. Read more…
Last year, we announced our new payment widget with 3-D Secure inside for the tenants of the beGateway white label payment gateway solution. One widget to combine all payment means for a merchant to receive payments.
If you are a payment service provider who rents the beGateway white label payment platform for payment accepting and processing under your own brand, you are most interested in the platform’s functionality. Today we want to talk about SDKs (Software Development Kit) for Android and iOS for accepting payments in sellers’ mobile apps.