Who Can and Should be Using the Merchant of Record, and Who Shouldn’t?

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Rockey39#
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Joined: Sat Dec 07, 2024 3:24 am

Who Can and Should be Using the Merchant of Record, and Who Shouldn’t?

Post by Rockey39# »

You’ve probably read that MoRs are expensive, unfit for low-volume transaction businesses, or that they impose regulations you might find difficult to comply with, becoming a no-go option for high-risk companies. We are here to tell you that, apart from one category, anyone can work with a Merchant of Record and do so successfully. Let’s take them one by one to see exactly why MoRs are a solid option for the role of growth partners.

Who Can and Should Use MoR Solutions?
International businesses
>Companies with complex payment structures already selling afghanistan telemarketing list internationally or wishing to expand their business globally and start accepting transactions in new currencies would benefit greatly from Merchant of Record solutions. An MoR can significantly simplify global selling by handling many otherwise complex operations. From compliance and fraud to complete tax management, MoRs help this type of business easily connect with shoppers. Indeed, partnering with a Merchant of Record instantly connects you with its payments infrastructure worldwide, which you would otherwise not be able to do, or would not be economically efficient to try.

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Subscription-based businesses
SaaS and software developers choosing subscriptions as their revenue model greatly benefit from MoR partnerships. Merchants of Record offer comprehensive functionality for subscription and billing management, automating recurring charges and greatly improving shopper experiences. From connecting with your product and shopper portal, to the ability to achieve one-click purchases and upgrades for existing customers, as well as on the fly modifying subscriptions, all are done in a native and user-friendly model.
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