Out of all our services, we’re particularly proud of the White Label solution. Why? Because they help our clients start their own profitable business. If you are interested in new business opportunities, you should definitely consider a whitelabel crypto payment gateway!
We get a lot of questions about our white label solution. In this post, we gathered together 3 of the most interesting recent ones to make a little Q&A session. If you don’t find your question here, do post it in the comment section!
Just a reminder: with a white label solution, you can market crypto payments system similar to ours but under your own brand. The actual processing will be done by a technical engine under our control, so that you can reap all the benefits with minimal effort!
Q: Which white label business is better: reseller web hosting or crypto payments?
A: Reseller hosting is extremely popular — in fact, most web hosting providers out there are resellers. But it has two serious disadvantages:
1) Very high competition, resulting in low margins;
2) Frequent breakdowns, for which your customers will hold you responsible.
By contrast, when you purchase a white label crypto payment gateway from us, you get advantages instead of risks:
1) Competition is still low, so you can earn more;
2) Technical issues are very rare, and in any case we’re there 24/7 to solve them.
So, if you want to maximize your ROI, a crypto payment gateway is a better bet.
Q: Which white label options do I have?
A: We provide 2 slightly different white label service packages:
- Basic pack — technical infrastructure only.
- Advanced one: technical infrastructure + management (legal and financial).
Q: Do I need technical expertise with crypto to run a white label payments business?
A: For the white label, no. Some of our white label customers weren’t too familiar with the crypto industry at all when they purchased the solution from us. Our support team taught them everything they needed to know. Still, if you want to start a crypto payments business, it’s useful to read a beginner book about Bitcoin (here’s a good list).
The most popular package comprises payments proper, currency conversion, instant transactions, settlements, and so on.
But you will need to get the necessary licenses and open a bank account for your new payment gateway business. We’ll provide guidance, of course, but your legal and financial team need to have a good understanding of the crypto market regulations in your country.
Q: What kind of license do I need to operate a white label payment gateway?
A: If you purchase an advanced white label package from Cryptoprocessing.com, we’ll take care of the licensing. But if you’d prefer a basic package, the license you’ll need will depend on where you register your business. Some countries (like Belarus and Georgia) have very relaxed crypto regulations. Others, like the EU, have stringent rules. If you are based in the European Union, the new AMLD5 directive might apply to you. Make sure to do your research first.
If you’re thinking about starting your own crypto payments business, you’ve made the right choice. It is a great opportunity in a fast-growing market. Get in touch with us at https://cryptoprocessing.com/ — we’ll be happy to tell you more!
