# Best Merchant of Record Software

  *By [Subhransu Sahu](https://research.g2.com/insights/author/subhransu-sahu)*

   Merchant of record (MoR) software is a comprehensive platform that handles the complex financial aspects of online transactions on behalf of businesses. It is sold by entities that are legally authorized and responsible for processing payments, handling currency conversions, mitigating chargebacks and fraud, managing taxes, and compliance with regulations in a secure transaction environment.

Merchant of record (MoR) solutions are commonly used by businesses across various industries that engage in cross-border sales such as software as a service (SaaS), retail and e-commerce, streaming services, gaming and entertainment, travel and hospitality, etc.

MoR providers act as an intermediary between businesses and end customers, thus enabling businesses to sell products or services online globally without being responsible for legal and fiscal obligations. A business implementing an MoR solution doesn’t require any other payment or tax compliance solution, as MoR automates the entire operation transaction processing workflow.

MoR solutions are different from [payment processing software](https://www.g2.com/categories/payment-processing) or payment services providers (PSPs). While they all deal with financial transactions, they differ by the level of responsibility they handle.

Payment processing software helps businesses transfer funds from one business account to another, leaving businesses to handle the other financial and legal aspects of the workflow.

However, the MoR provider takes full responsibility for the processes involved, including transaction processing, currency conversion, tax management, VAT, customs, fraud prevention, and compliance across different jurisdictions.

MoR software also varies from merchant of record (MoR) services as the latter doesn’t offer the above features as a part of the platform but rather provides it through integration with other payment tools or software.

To qualify for inclusion in the merchant of record (MoR) category, a product must:

- Support diverse payment methods, such as credit and debit cards, digital wallets, and bank transfers, as well as multiple currencies
- Automate calculation, collection, and remittance of taxes across various jurisdictions
- Identify frauds and incorrect or unauthorized transactions, and also minimize chargebacks
- Ensure compliance with payment card industry data security standard (PCI DSS), know your customer (KYC) or anti-money laundering (AML), and other region-specific regulations
- Offer reporting and analytics features to monitor transactions, revenue, taxes, and other key metrics
- Integrate with e-commerce platforms, marketplaces, and other retailer’s websites




  
## How Many Merchant of Record Software Products Does G2 Track?
**Total Products under this Category:** 29

### Category Stats (May 2026)
- **Average Rating**: 4.52/5 (↑0.04 vs Apr 2026)
- **New Reviews This Quarter**: 11
- **Buyer Segments**: Small-Business 83% │ Enterprise 11% │ Mid-Market 6%
- **Top Trending Product**: Fungies.io (+0.028)
*Last updated: May 18, 2026*

  
## How Does G2 Rank Merchant of Record Software Products?

**Why You Can Trust G2's Software Rankings:**

- 30 Analysts and Data Experts
- 6,100+ Authentic Reviews
- 29+ Products
- Unbiased Rankings

G2's software rankings are built on verified user reviews, rigorous moderation, and a consistent research methodology maintained by a team of analysts and data experts. Each product is measured using the same transparent criteria, with no paid placement or vendor influence. While reviews reflect real user experiences, which can be subjective, they offer valuable insight into how software performs in the hands of professionals. Together, these inputs power the G2 Score, a standardized way to compare tools within every category.

  
## Which Merchant of Record Software Is Best for Your Use Case?

- **Leader:** [Shopify](https://www.g2.com/products/shopify/reviews)
- **Highest Performer:** [DualEntry](https://www.g2.com/products/dualentry/reviews)
- **Easiest to Use:** [DualEntry](https://www.g2.com/products/dualentry/reviews)
- **Top Trending:** [Shopify](https://www.g2.com/products/shopify/reviews)
- **Best Free Software:** [Paddle](https://www.g2.com/products/paddle/reviews)

  
---

**Sponsored**

### 2Checkout Monetization Platform

Whether you're tapping into international markets, looking to boost conversion rates, or running a subscription-based business, 2Checkout can help you tackle the complexities of digital commerce, globally. The 2Checkout Monetization Platform is comprehensive and flexible, so you can quickly pursue new market opportunities and deliver exceptional user experiences. The company’s clients include Cisco, EaseUs, Bitdefender, 123FormBuilder, HP Software, Mondly, and many more companies across the globe. In August 2020, Verifone acquired 2Checkout. This milestone solidifies our commitment to providing seamless and frictionless experiences to customers globally through innovative and next-generation hardware and cloud services. More info on www.2checkout.com



[Visit website](https://www.g2.com/external_clickthroughs/record?secure%5Bad_program%5D=ppc&secure%5Bad_slot%5D=category_product_list&secure%5Bcategory_id%5D=1009163&secure%5Bdisplayable_resource_id%5D=1009163&secure%5Bdisplayable_resource_type%5D=Category&secure%5Bmedium%5D=sponsored&secure%5Bplacement_reason%5D=page_category&secure%5Bplacement_resource_ids%5D%5B%5D=1009163&secure%5Bprioritized%5D=false&secure%5Bproduct_id%5D=750&secure%5Bresource_id%5D=1009163&secure%5Bresource_type%5D=Category&secure%5Bsource_type%5D=category_page&secure%5Bsource_url%5D=https%3A%2F%2Fwww.g2.com%2Fcategories%2Fmerchant-of-record&secure%5Btoken%5D=5441092f9fc500b21a4c56418c8beb50b48101df6d58c759a10d64458a12ec6f&secure%5Burl%5D=https%3A%2F%2Fwww.2checkout.com&secure%5Burl_type%5D=custom_url)

---

  ## What Are the Top-Rated Merchant of Record Software Products in 2026?
### 1. [Shopify](https://www.g2.com/products/shopify/reviews)
  Shopify is the leading cloud-based, multichannel commerce platform designed for small and medium-sized businesses. Merchants can use the software to design, set up, and manage their stores across multiple sales channels, including web, mobile, social media, marketplaces, brick-and-mortar locations, and pop-up shops. The platform also provides merchants with a powerful back-office and a single view of their business. The Shopify platform was engineered for reliability and scale, using enterprise-level technology made available to businesses of all sizes. Shopify currently powers over 800,000 businesses in approximately 150 countries and is trusted by brands such as Tesla Motors, Budweiser, Red Bull, LA Lakers, the New York Stock Exchange, GoldieBlox, and many more. For a demo, please visit: https://docs.shopify.com/webinars


  **Average Rating:** 4.4/5.0
  **Total Reviews:** 4,918

**Who Is the Company Behind Shopify?**

- **Seller:** [Shopify](https://www.g2.com/sellers/shopify)
- **Year Founded:** 2006
- **HQ Location:** Ottawa, ON
- **Twitter:** @Shopify (450,164 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/784652/ (27,474 employees on LinkedIn®)
- **Ownership:** NYSE:SHOP

**Who Uses This Product?**
  - **Who Uses This:** Owner, Founder
  - **Top Industries:** Retail, Apparel & Fashion
  - **Company Size:** 78% Small-Business, 15% Mid-Market


#### What Are Shopify's Pros and Cons?

**Pros:**

- Ease of Use (283 reviews)
- Easy Integration (104 reviews)
- Quick Setup (102 reviews)
- E-commerce Services (94 reviews)
- Reliability (71 reviews)

**Cons:**

- Expensive (156 reviews)
- Limited Customization (98 reviews)
- Limited Features (60 reviews)
- Pricing Issues (48 reviews)
- Limitations (20 reviews)

### 2. [Paddle](https://www.g2.com/products/paddle/reviews)
  Paddle is a market leading subscription billing platform that offers a comprehensive payment, tax, compliance and reporting solution for digital businesses, including AI, SaaS, mobile apps, games and digital downloads. Instead of managing a fragmented payments stack, we provide an all-in-one platform that serves as your single source of truth for revenue data. Paddle helps start-ups, enterprise and fast-scaling subscription companies grow faster, automatically. As your Merchant of Record (MoR), we handle: - Checkouts and payment management - Subscription management and billing for one time purchases - Invoicing and renewals - Global tax compliance and remittance - Fraud protection and chargeback processing - Dunning and failed payment recovery - Comprehensive reporting How do we streamline your operations? - We integrate with multiple payment service providers, so you don't have to - We take on the liability for charging and remitting sales tax worldwide - Our systems reconcile revenue data across subscription billing and payments - We implement strategies to reduce churn and recover failed payments - Our team handles billing-related support queries - Our developer-friendly documentation and API-first merchant of record makes it easy to get set up By entrusting Paddle as your Merchant of Record, you can focus on growing your business while we optimize every aspect of your payments and billing process. Ready to simplify your digital product payments? Visit our website and schedule a call to learn how Paddle can transform your payment infrastructure.


  **Average Rating:** 4.5/5.0
  **Total Reviews:** 232

**Who Is the Company Behind Paddle?**

- **Seller:** [Paddle](https://www.g2.com/sellers/paddle)
- **Company Website:** https://paddle.com
- **Year Founded:** 2012
- **HQ Location:** London, United Kingdom
- **Twitter:** @PaddleHQ (17,904 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/paddle/ (395 employees on LinkedIn®)

**Who Uses This Product?**
  - **Who Uses This:** CEO, Founder
  - **Top Industries:** Computer Software, Information Technology and Services
  - **Company Size:** 89% Small-Business, 8% Mid-Market


#### What Are Paddle's Pros and Cons?

**Pros:**

- Customer Support (36 reviews)
- Ease of Use (32 reviews)
- Payment Processing (24 reviews)
- Helpful (22 reviews)
- Payment Management (19 reviews)

**Cons:**

- Improvement Needed (17 reviews)
- Poor Customer Support (13 reviews)
- Access Limitations (10 reviews)
- Billing Issues (9 reviews)
- Poor Support Services (9 reviews)

### 3. [Xsolla](https://www.g2.com/products/xsolla/reviews)
  We are an international video game commerce company with a robust and powerful set of tools and services designed specifically for the gaming industry. As an innovative leader in game commerce, we continue to solve the inherent complexities of global distribution, marketing, and monetization so our partners can grow audience, engagement, and revenue. Besides that, Xsolla gives video game developers, publishers, and platform partners access to the flexible tools, services, and collaboration needed to launch, monetize, and scale their games and products globally. Serving only the video game industry, the Xsolla product suite caters to businesses from indie to enterprise, with: Pay Station and its #1 Anti-fraud solution, Partner Network, Site Builder, Store, Login, and Launcher. Headquartered in Los Angeles, with offices worldwide, Xsolla operates as a merchant and seller of record for major gaming entities like Valve, Twitch, Ubisoft, Epic Games, and PUBG Corporation. For more information, visit www.xsolla.com.


  **Average Rating:** 4.4/5.0
  **Total Reviews:** 24

**Who Is the Company Behind Xsolla?**

- **Seller:** [Xsolla](https://www.g2.com/sellers/xsolla)
- **Company Website:** https://xsolla.com/
- **Year Founded:** 2005
- **HQ Location:** Sherman Oaks, US
- **Twitter:** @Xsolla (12,407 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/xsolla/ (1,151 employees on LinkedIn®)

**Who Uses This Product?**
  - **Top Industries:** Computer Games
  - **Company Size:** 71% Small-Business, 21% Enterprise


### 4. [DualEntry](https://www.g2.com/products/dualentry/reviews)
  DualEntry is the AI-native ERP that helps finance teams achieve more in less time. With powerful automations, it takes manual work out of everything from everyday accounting, AR/AP, and revenue management to tax handling, financial reporting, and audit prep. DualEntry is built for global, multi-entity, multi-currency operations. It’s designed to scale with business from mid-market to IPO and beyond, adapting to a company’s specific needs – no matter how complex. 𝗕𝘂𝗶𝗹𝘁 𝗯𝘆 𝗮𝗰𝗰𝗼𝘂𝗻𝘁𝗮𝗻𝘁𝘀, 𝗳𝗼𝗿 𝗮𝗰𝗰𝗼𝘂𝗻𝘁𝗮𝗻𝘁𝘀, 𝗗𝘂𝗮𝗹𝗘𝗻𝘁𝗿𝘆 𝗼𝗳𝗳𝗲𝗿𝘀: • Multi-entity consolidation across global subsidiaries • Multi-currency support, covering 180 local currencies in 240 countries, with live FX rates • Automated intercompany eliminations and journal-entry posting • Custom workflows and granular access controls • Role-based, real-time dashboards • Audit-ready financials with SOX, SOC 2, and GDPR compliance • A flexible, complete GL that you can tailor to you with unlimited nestable classifications and custom feeds • Real-time insights and drillable, multi-dimensional reporting across entities • 13,000+ bank connections covering 60+ countries • 200+ free, seamless integrations across CRM, AP, AR, and more Automate your workflows end-to-end with DualEntry, and grow your business without adding to your headcount. Schedule a personalized demo now.


  **Average Rating:** 4.9/5.0
  **Total Reviews:** 122

**Who Is the Company Behind DualEntry?**

- **Seller:** [DualEntry](https://www.g2.com/sellers/dualentry)
- **Company Website:** https://www.dualentry.com
- **Year Founded:** 2024
- **HQ Location:** New York, US
- **Twitter:** @dualentry (748 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/dualentry/ (48 employees on LinkedIn®)

**Who Uses This Product?**
  - **Who Uses This:** Accountant
  - **Top Industries:** Accounting, Manufacturing
  - **Company Size:** 48% Mid-Market, 34% Small-Business


#### What Are DualEntry's Pros and Cons?

**Pros:**

- Ease of Use (318 reviews)
- Features (272 reviews)
- Efficiency (256 reviews)
- Integrations (235 reviews)
- Time-saving (231 reviews)

**Cons:**

- Improvement Needed (116 reviews)
- Missing Features (92 reviews)
- Limited Customization (91 reviews)
- Not User-Friendly (84 reviews)
- Learning Difficulty (83 reviews)

### 5. [2Checkout Monetization Platform](https://www.g2.com/products/2checkout-monetization-platform/reviews)
  Whether you're tapping into international markets, looking to boost conversion rates, or running a subscription-based business, 2Checkout can help you tackle the complexities of digital commerce, globally. The 2Checkout Monetization Platform is comprehensive and flexible, so you can quickly pursue new market opportunities and deliver exceptional user experiences. The company’s clients include Cisco, EaseUs, Bitdefender, 123FormBuilder, HP Software, Mondly, and many more companies across the globe. In August 2020, Verifone acquired 2Checkout. This milestone solidifies our commitment to providing seamless and frictionless experiences to customers globally through innovative and next-generation hardware and cloud services. More info on www.2checkout.com


  **Average Rating:** 3.9/5.0
  **Total Reviews:** 185

**Who Is the Company Behind 2Checkout Monetization Platform?**

- **Seller:** [Verifone](https://www.g2.com/sellers/verifone)
- **Company Website:** https://www.verifone.com
- **Year Founded:** 1981
- **HQ Location:** New York, NY
- **Twitter:** @VeriFone (22,132 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/5005/ (4,698 employees on LinkedIn®)

**Who Uses This Product?**
  - **Who Uses This:** CEO, Owner
  - **Top Industries:** Computer Software, Information Technology and Services
  - **Company Size:** 68% Small-Business, 22% Mid-Market


#### What Are 2Checkout Monetization Platform's Pros and Cons?

**Pros:**

- Ease of Use (2 reviews)
- Easy Setup (2 reviews)
- Process Simplification (2 reviews)
- Customer Support (1 reviews)
- Easy Integration (1 reviews)

**Cons:**

- Slow Performance (2 reviews)
- Data Management (1 reviews)
- Inadequate Reporting (1 reviews)
- Limitations (1 reviews)

### 6. [PayPro Global](https://www.g2.com/products/payproglobal/reviews)
  PayPro Global (founded 2006) is a Merchant of Record and a provider of premium e-commerce solutions designed for software, SaaS, video game, and digital goods companies. We deliver complete automation of the online sales management & optimization process through highly efficient in-house tools. Our user-optimized platform offers our partners: ⦿ A truly global solution with 110 currencies and over 70 payment methods to expand your business worldwide; ⦿ A high-performing and secure online processing system with dynamic pricing and billing schemes to minimize payment issues; ⦿ Flawless recurring payments and subscription management systems to simplify your administrative work and consolidate your revenue streams; ⦿ Customer development and loyalty features with top conversion and optimization tools to create enjoyable customer experiences and nurture future acquisitions; ⦿ And an integrated customer support to professionally handle all purchasing, billing and potential chargebacks or disputes with your customers


  **Average Rating:** 4.9/5.0
  **Total Reviews:** 112

**Who Is the Company Behind PayPro Global?**

- **Seller:** [PayPro Global Inc.](https://www.g2.com/sellers/paypro-global-inc)
- **Company Website:** https://payproglobal.com
- **Year Founded:** 2006
- **HQ Location:** Toronto, Ontario
- **Twitter:** @paypro_global (1,407 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/437841/ (71 employees on LinkedIn®)

**Who Uses This Product?**
  - **Who Uses This:** CEO, Founder
  - **Top Industries:** Computer Software, Information Technology and Services
  - **Company Size:** 87% Small-Business, 13% Mid-Market


#### What Are PayPro Global's Pros and Cons?

**Pros:**

- Customer Support (22 reviews)
- Customer Service (10 reviews)
- Ease of Use (9 reviews)
- Easy Integration (9 reviews)
- Payment Processing (8 reviews)

**Cons:**

- Interface Issues (3 reviews)
- Limited Customization (3 reviews)
- Outdated Design (3 reviews)
- Expensive (2 reviews)
- Missing Features (2 reviews)

### 7. [Cleverbridge](https://www.g2.com/products/cleverbridge/reviews)
  Cleverbridge is the smarter way to sell globally. As a premium merchant of record (MoR), we simplify global software sales by combining powerful ecommerce features — like payments, subscriptions, tax, and compliance — with expert services that drive growth across the entire revenue lifecycle. From onboarding to optimization, our team acts as an extension of yours, helping you remove friction, increase conversions, and expand into new markets with confidence. Founded in 2005, Cleverbridge has processed over $10 billion in transactions across 240+ countries and territories, with offices in Chicago and Cologne and a global team of 200+ employees. Learn more at grow.cleverbridge.com.


  **Average Rating:** 4.4/5.0
  **Total Reviews:** 59

**Who Is the Company Behind Cleverbridge?**

- **Seller:** [Cleverbridge](https://www.g2.com/sellers/cleverbridge)
- **Company Website:** https://grow.cleverbridge.com/
- **Year Founded:** 2005
- **HQ Location:** Cologne, Germany
- **Twitter:** @cleverbridge (1,782 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/125364/ (222 employees on LinkedIn®)

**Who Uses This Product?**
  - **Top Industries:** Computer Software, Information Technology and Services
  - **Company Size:** 42% Mid-Market, 29% Small-Business


#### What Are Cleverbridge's Pros and Cons?

**Pros:**

- Customer Support (13 reviews)
- Customer Service (8 reviews)
- Ease of Use (8 reviews)
- Functionality (8 reviews)
- Features (7 reviews)

**Cons:**

- Complex Interface (5 reviews)
- Billing Issues (4 reviews)
- Improvement Needed (4 reviews)
- Integration Issues (4 reviews)
- Limited Customization (4 reviews)

### 8. [Freemius](https://www.g2.com/products/freemius/reviews)
  A merchant of record for selling software, with focus on CRO and marketing automation. Freemius is more than just a tool—we are invested in makers success through their entire journey, from launch through scale, and see it all the way until the exit.


  **Average Rating:** 4.7/5.0
  **Total Reviews:** 63

**Who Is the Company Behind Freemius?**

- **Seller:** [Freemius](https://www.g2.com/sellers/freemius)
- **Year Founded:** 2014
- **HQ Location:** Wilmington, DE
- **Twitter:** @freemius (3,551 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/9354424/ (21 employees on LinkedIn®)

**Who Uses This Product?**
  - **Who Uses This:** Founder, Owner
  - **Top Industries:** Computer Software, Information Technology and Services
  - **Company Size:** 95% Small-Business, 2% Mid-Market


#### What Are Freemius's Pros and Cons?

**Pros:**

- Comprehensive Solutions (1 reviews)
- Customer Experience (1 reviews)
- Ease of Use (1 reviews)
- Features (1 reviews)
- Sales Revenue (1 reviews)


### 9. [Gumroad](https://www.g2.com/products/gumroad/reviews)
  Gumroad enables its members to sell their products directly to their customers by connecting both parties.


  **Average Rating:** 4.2/5.0
  **Total Reviews:** 15

**Who Is the Company Behind Gumroad?**

- **Seller:** [Gumroad](https://www.g2.com/sellers/gumroad)
- **Year Founded:** 2012
- **HQ Location:** San Francisco, CA
- **Twitter:** @gumroad (195,365 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/gumroad/ (414 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 94% Small-Business


#### What Are Gumroad's Pros and Cons?

**Pros:**

- Ease of Use (3 reviews)
- Setup Ease (2 reviews)
- Simple (2 reviews)
- User Interface (2 reviews)
- Delivery Service (1 reviews)

**Cons:**

- Expensive (4 reviews)
- Missing Features (2 reviews)
- Limited Customization (1 reviews)
- Limited Options (1 reviews)
- Payment Issues (1 reviews)

### 10. [FastSpring](https://www.g2.com/products/fastspring/reviews)
  FastSpring is the leading merchant of record for global SaaS & software companies and gaming studios – powering over a billion dollars in worldwide transactions every year. We'll manage your checkout, VAT, sales tax, compliance, and more, freeing you to focus on what you do best – building great products and games! For two decades, FastSpring has been a payment provider you can use to sell games or in-game items on your website, web shop, or embedded directly into your game with fully customizable and branded checkouts just for you. Founded in 2005, FastSpring is a privately owned company headquartered in Santa Barbara with offices in Austin, Amsterdam, Singapore, Canada, and the UK. Need to review a charge from one of our sellers?https://fastspring.com/consumer-support For questions about billing or refunds, visit: https://fastspring.com/consumer-support/topics/billing-and-refunds We value your feedback and want to make things right. FastSpring is an authorized reseller of digital products for thousands of global companies. "FS\*," "PP\*FS," or "FSPRG" on your financial statement may indicate a charge from a company that uses FastSpring to process online transactions.


  **Average Rating:** 4.5/5.0
  **Total Reviews:** 178

**Who Is the Company Behind FastSpring?**

- **Seller:** [FastSpring](https://www.g2.com/sellers/fastspring)
- **Company Website:** https://fastspring.com/
- **Year Founded:** 2005
- **HQ Location:** Santa Barbara, CA
- **Twitter:** @FastSpring (3,303 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/497464/ (181 employees on LinkedIn®)

**Who Uses This Product?**
  - **Who Uses This:** Owner, CEO
  - **Top Industries:** Computer Software, Information Technology and Services
  - **Company Size:** 86% Small-Business, 10% Mid-Market


#### What Are FastSpring's Pros and Cons?

**Pros:**

- Ease of Use (2 reviews)
- Easy Payments (2 reviews)
- Payment Management (2 reviews)
- Payment Processing (2 reviews)
- Reliability (2 reviews)

**Cons:**

- Billing Issues (1 reviews)
- Complex Customization (1 reviews)
- Complex Features (1 reviews)
- Complex Interface (1 reviews)
- Complexity (1 reviews)

### 11. [Fungies.io](https://www.g2.com/products/fungies-io/reviews)
  Fungies.io is an AI-powered, no-code platform that enables SaaS and Game developers set up payments and storefronts in minutes. With customizable designs, seamless payment integration being a Merchant of Record - be tax compliant from day one. Allows selling Digital Goods, SaaS subscriptions and Game Assets via their own Web Shop.


  **Average Rating:** 4.8/5.0
  **Total Reviews:** 9

**Who Is the Company Behind Fungies.io?**

- **Seller:** [Fungies](https://www.g2.com/sellers/fungies)
- **Year Founded:** 2022
- **HQ Location:** Palo Alto, US
- **LinkedIn® Page:** http://www.linkedin.com/company/fungies (9 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 89% Small-Business


### 12. [Nexway](https://www.g2.com/products/nexway/reviews)
  Nexway is a comprehensive eCommerce and payment solution designed to assist medium-sized and large businesses in scaling their operations globally while minimizing operational complexities. By acting as your Merchant of Record (MoR), Nexway simplifies the payment processing landscape, allowing businesses to focus on growth and customer engagement rather than administrative burdens. Targeted primarily at businesses looking to expand their reach in international markets, Nexway caters to a diverse range of industries that require robust payment and compliance solutions. The platform is particularly beneficial for companies with subscription-based models, as it automates billing, renewals, and invoicing, ensuring a seamless experience for both the business and its customers. This is crucial in today’s digital economy, where managing recurring revenues efficiently can significantly impact profitability. One of the standout features of Nexway is its ability to facilitate global payments. The platform allows businesses to accept payments in multiple currencies and through local payment methods, which is essential for catering to a diverse customer base. Additionally, Nexway ensures full compliance with VAT/GST and local tax regulations, alleviating the complexities associated with international tax laws. This feature is particularly advantageous for businesses that may not have the resources to navigate the intricate landscape of global tax compliance. Nexway also prioritizes security and fraud prevention, equipping businesses with advanced tools to protect against fraudulent transactions and manage chargebacks effectively. This level of security is vital for maintaining customer trust and safeguarding revenue. Furthermore, users benefit from personalized support through a dedicated account manager who provides tailored guidance and insights, ensuring that businesses have the expertise they need to overcome challenges as they scale. Overall, Nexway distinguishes itself by offering a personalized approach to eCommerce and payment solutions. Unlike standardized models, Nexway provides businesses with a go-to expert who understands their unique needs and challenges. This commitment to personalized service, combined with a suite of powerful features, positions Nexway as a valuable partner for companies looking to navigate the complexities of global eCommerce and achieve sustainable growth.


  **Average Rating:** 4.1/5.0
  **Total Reviews:** 7

**Who Is the Company Behind Nexway?**

- **Seller:** [Nexway](https://www.g2.com/sellers/nexway)
- **Company Website:** https://nexway.com/
- **Year Founded:** 2002
- **HQ Location:** Nîmes, FR
- **Twitter:** @Nexway (380 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/nexway/ (104 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 57% Enterprise, 29% Small-Business


#### What Are Nexway's Pros and Cons?

**Pros:**

- Customer Support (3 reviews)
- Features (3 reviews)
- Integrations (3 reviews)
- Customer Service (2 reviews)
- Easy Integration (2 reviews)

**Cons:**

- Improvement Needed (2 reviews)
- Limitations (2 reviews)
- Limited Customization (2 reviews)
- Limited Flexibility (2 reviews)
- Complex Interface (1 reviews)

### 13. [Codapay](https://www.g2.com/products/codapay/reviews)
  Codapay is a global Merchant of Record (MoR) offering payments API designed to help digital businesses and game publishers monetize worldwide. By integrating a single API, businesses can instantly access over 400 local payment methods, including e-wallets, bank transfers, and carrier billing, covering 90% of the world’s preferred ways to pay across 70+ markets. Why Codapay? Unlike standard payment gateways, Coda acts as your Merchant of Record. This means we take on the legal liability of global expansion: We handle global tax calculation, remittance, and regulatory requirements (including PCI-DSS). We manage FX complexities, cross-border settlements, and payouts end-to-end. We provide fraud management and dispute resolution, protecting your revenue from chargebacks. Trusted by industry giants like Hoyoverse, EA, and Riot Games, Codapay is built for scale, maintaining 100% uptime even during massive event volume spikes. Whether you need a branded hosted payment page or a direct API integration for full UI control, Codapay provides the toolkit to maximize authorization rates and unlock new customer segments in high-growth markets.


  **Average Rating:** 4.5/5.0
  **Total Reviews:** 1

**Who Is the Company Behind Codapay?**

- **Seller:** [Coda](https://www.g2.com/sellers/coda-c2ba5c53-d98b-44c1-a89e-97a1df9e0b08)
- **Year Founded:** 2011
- **HQ Location:** Singapore, SG
- **LinkedIn® Page:** https://www.linkedin.com/company/coda (483 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 100% Small-Business


### 14. [Creem](https://www.g2.com/products/creem/reviews)
  Creem is a payments platform built primarily for indie creators who want to start selling fast without the complexity of traditional payment infrastructure. Unlike Stripe or Paddle, Creem offers a simpler setup, lower fees, and built-in global tax handling.


  **Average Rating:** 5.0/5.0
  **Total Reviews:** 1

**Who Is the Company Behind Creem?**

- **Seller:** [Armitage Labs](https://www.g2.com/sellers/armitage-labs)
- **HQ Location:** N/A
- **LinkedIn® Page:** https://www.linkedin.com/company/armitage-labs/ (1 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 100% Small-Business


### 15. [Dodo Payments](https://www.g2.com/products/dodo-payments/reviews)
  Global Merchant of Record solution to help digital businesses to launch and accept payments across 150+ countries. Learn more at https://dodopayments.com


  **Average Rating:** 5.0/5.0
  **Total Reviews:** 1

**Who Is the Company Behind Dodo Payments?**

- **Seller:** [Dodo Payments](https://www.g2.com/sellers/dodo-payments)
- **Year Founded:** 2024
- **HQ Location:** Dover, US
- **LinkedIn® Page:** https://www.linkedin.com/company/dodopayments (39 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 100% Small-Business


### 16. [1D3 DIGITECH](https://www.g2.com/products/1d3-digitech/reviews)
  1D3 DIGITECH acts as a merchant of record, offering comprehensive payment, tax management, support and distribution services to video game developers, publishers, and digital goods enterprises.



**Who Is the Company Behind 1D3 DIGITECH?**

- **Seller:** [1D3 DIGITECH](https://www.g2.com/sellers/1d3-digitech)
- **HQ Location:** Tallinn, EE
- **LinkedIn® Page:** https://www.linkedin.com/company/1d3-digitech/?originalSubdomain=ee (5 employees on LinkedIn®)



### 17. [Cleeng](https://www.g2.com/products/cleeng/reviews)
  Cleeng provides a modern and flexible subscriber infrastructure for D2C media and sports brands. Designed as an operational backbone for the full subscriber lifecycle, the platform unifies identity, billing, payments, and customer care across web, mobile, and Connected TV. Trusted by global sports leaders – including ATP Media, Big Ten Network, beIN SPORTS, and Tennis Channel – Cleeng’s subscriber infrastructure is battle-tested for high-concurrency events. Cleeng allows organizations to launch a fully working Proof of Concept in 60 minutes and complete full enterprise deployments in weeks. This foundational infrastructure enables a dedicated SRM® (Subscriber Retention Management) layer, which leverages 360° subscriber data to drive measurable retention gains. Furthermore, Cleeng integrates a Merchant of Record model that offloads the complexities of global tax, fraud, and compliance. The platform provides the technical reliability and predictive intelligence necessary to reduce churn significantly and boost subscriber retention.


  **Average Rating:** 4.7/5.0
  **Total Reviews:** 3

**Who Is the Company Behind Cleeng?**

- **Seller:** [Cleeng](https://www.g2.com/sellers/cleeng)
- **Year Founded:** 2011
- **HQ Location:** Amsterdam, NL
- **LinkedIn® Page:** https://www.linkedin.com/company/1453976 (123 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 67% Small-Business


#### What Are Cleeng's Pros and Cons?

**Pros:**

- Analytics (1 reviews)
- Audience Engagement (1 reviews)
- Customer Engagement (1 reviews)
- Easy Integrations (1 reviews)
- Efficiency (1 reviews)

**Cons:**

- Clunky Interface (1 reviews)
- Company Size Limitations (1 reviews)
- Customization Limitations (1 reviews)
- Expensive (1 reviews)
- Intuitiveness (1 reviews)

### 18. [CommerceGate](https://www.g2.com/products/commercegate/reviews)
  At CommerceGate, we are revolutionizing financial transactions with our innovative payment solutions. Our tailored solutions, transparent pricing, and regulatory prowess set us apart in the industry, providing unparalleled customer success and reducing operational costs for our clients. We are the preeminent global Payment Service Provider for online iGaming and Forex Brokers platforms looking to expand and succeed in Latin America. Join us in redefining the boundaries of what's possible in the payments landscape and achieving unparalleled growth and global reach.



**Who Is the Company Behind CommerceGate?**

- **Seller:** [CommerceGate](https://www.g2.com/sellers/commercegate)
- **Year Founded:** 2006
- **HQ Location:** Barcelona, ES
- **LinkedIn® Page:** https://www.linkedin.com/company/commercegate (36 employees on LinkedIn®)



### 19. [ExpandNow](https://www.g2.com/products/expandnow/reviews)
  ExpandNow – Amazingly Simple Global Ecommerce ExpandNow is a Europe based Merchant of Record platform that makes the international selling of digital and physical products amazingly simple. It enables businesses to scale faster and sell online in 190+ countries without hassle, going live in days. With an all-in-one solution for payments, tax compliance, fraud prevention, and more, ExpandNow eliminates the complexities of international selling. Our solutions for global ecommerce provide seamless integration, no-code checkout setups, and secure global payment options that boost conversions and reduce churn. Offering fast payouts, transparent flat-rate pricing, and 100% compliance, ExpandNow helps businesses keep more revenue while staying worry-free. Built by industry experts and headquartered in Dublin/Ireland with entities in the US and UK, ExpandNow delivers the ultimate tools to drive growth effortlessly. What Makes ExpandNow Stand Out? - ExpandNow enables rapid market expansion, making it possible to launch in new regions in days—not months—through a streamlined onboarding process. - Designed to support the sale of physical products, digital products, or a combination of both. - Offers localized checkout experiences tailored to international shoppers, helping to boost conversion rates across global markets. - Manages full tax compliance in all supported countries, including local selling entities, tax registration, real-time calculation, collection, filing, remittance, and compliance with evolving regulations. - Facilitates transactions in over 100 currencies while returning funds in preferred currencies—minimizing exposure to foreign exchange risk and currency volatility. - Includes built-in fraud chargeback protection: transactions are automatically evaluated in real time, and any fraud-related chargebacks are fully covered by ExpandNow. With ExpandNow brands get: - Daily payouts – zero risk to their revenue. - Transparent pricing: 5% and no hidden fees with discounts for brands generating €1M. - No contract minimums or exclusivity. - Expertise you can trust – a team with 100+ years of ecommerce and Merchant of Record experience and €100B+ GMV overseen.



**Who Is the Company Behind ExpandNow?**

- **Seller:** [ExpandNow Ltd](https://www.g2.com/sellers/expandnow-ltd)
- **Year Founded:** 2023
- **HQ Location:** Dublin, IE
- **LinkedIn® Page:** https://www.linkedin.com/company/expandnow/ (13 employees on LinkedIn®)



### 20. [Gigapay](https://www.g2.com/products/gigapay/reviews)
  Gigapay is a one-stop payment solution for compliant creator payouts. Their solution acts as a merchant of record, removing the friction related to tax reporting, payout flows, and administrative tasks in vendor onboarding while also facilitating scalable instant payouts to a high-volume of creators for task-based digital work. This product is built for agencies, brands, and platforms working with a high-volume of creators on a regular basis. Our current clients are operating with affiliate marketing and influencer marketing


  **Average Rating:** 5.0/5.0
  **Total Reviews:** 1

**Who Is the Company Behind Gigapay?**

- **Seller:** [Gigapay](https://www.g2.com/sellers/gigapay)
- **Year Founded:** 2019
- **HQ Location:** Gamla stan, SE
- **Twitter:** @gigapay (42 Twitter followers)
- **LinkedIn® Page:** https://www.linkedin.com/company/gigapay (23 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 100% Mid-Market


#### What Are Gigapay's Pros and Cons?

**Pros:**

- Influencer Management (1 reviews)
- Payout Efficiency (1 reviews)


### 21. [Kyshi](https://www.g2.com/products/kyshi/reviews)
  Reliable Merchant of Record solutions for Global Businesses. Leading Payments Partner: Helping Global Enterprises Succeed in Africa



**Who Is the Company Behind Kyshi?**

- **Seller:** [Kyshi Limited](https://www.g2.com/sellers/kyshi-limited)
- **Year Founded:** 2020
- **HQ Location:** London, GB
- **LinkedIn® Page:** https://www.linkedin.com/company/kyshi/ (11 employees on LinkedIn®)



### 22. [Lemon Squeezy](https://www.g2.com/products/lemon-squeezy/reviews)
  Lemon Squeezy is an all-in-one e-commerce platform designed to simplify the sale and management of digital products, subscriptions, and software for creators and businesses. It offers a user-friendly interface that allows users to create customizable online stores without requiring extensive technical skills. The platform supports the sale of various digital products, including ebooks, audio files, videos, software, and more. Additionally, it facilitates the creation of subscription models and memberships, enabling users to generate recurring revenue streams. Key Features and Functionality: - Global Tax Compliance: Handles taxes, fraud prevention, and legal aspects as the merchant of record, ensuring compliance across different jurisdictions. - Borderless Payments: Accepts payments from over 135 countries with support for more than 20 payment methods, facilitating seamless global transactions. - Local Currency Support: Enhances customer experience by offering products in local currencies, supporting over 130 countries. - AI Fraud Prevention: Utilizes real-time artificial intelligence to detect and prevent fraudulent activities, safeguarding both sellers and buyers. - Failed Payment Recovery: Employs robust dunning management systems to reduce involuntary churn through card retries and customer notifications. - E-commerce Tools: Provides customizable online stores with no-code checkout options, allowing users to set up and manage their storefronts effortlessly. - Marketing Tools: Integrates email marketing, discount codes, and customer segmentation to enhance promotional efforts and customer engagement. - Developer-Friendly: Offers a powerful REST API and webhooks for seamless integration, catering to developers seeking flexibility and control. Primary Value and Solutions Provided: Lemon Squeezy addresses the complexities of selling digital products by offering a comprehensive solution that combines payment processing, subscription management, tax compliance, and fraud prevention into a single platform. This integration allows creators and businesses to focus on product development and growth without the burden of managing multiple systems or navigating intricate regulatory requirements. By providing tools for global transactions, customizable storefronts, and marketing automation, Lemon Squeezy empowers users to expand their reach, increase conversions, and build sustainable revenue streams.



**Who Is the Company Behind Lemon Squeezy?**

- **Seller:** [LemonSqueezy.com](https://www.g2.com/sellers/lemonsqueezy-com)
- **HQ Location:** Salt Lake City, US
- **LinkedIn® Page:** http://www.linkedin.com/company/lemon-squeezy-llc (9 employees on LinkedIn®)



### 23. [Neon](https://www.g2.com/products/neon-2026-01-13/reviews)
  Neon is a direct-to-consumer commerce platform that enables game developers and publishers to sell virtual goods directly to players, bypassing fees from app stores and walled gardens. The platform provides webshop infrastructure, secure checkout, payment processing, and merchant of record services purpose-built for the gaming industry. Neon includes three integrated solutions: 1. Neon Shop is a customizable webshop that game studios deploy on their own domain to sell in-game currency, items, and bundles directly to players. It includes a visual site builder, pre-built templates, configurable offer cards, and promotional tools such as first-purchase discounts, time-limited offers, and web-exclusive bundles. Built-in engagement features, daily login streaks, tiered loyalty programs, and periodic claimables, help drive repeat visits and purchases. Storefronts can be managed via dashboard, CSV upload, or API without requiring engineering resources for day-to-day operations. 2.Neon Checkout is a white-label payment experience with comprehensive merchant of record services. The checkout flow is designed to match each game's visual identity, and supports redirect, embedded, and popup configurations. As the merchant of record, Neon handles payment processing, automatic surfacing of Apple Pay, Google Pay, and local payment methods based on player location, plus tax calculation and remittance, fraud prevention, chargebacks, refunds, and regulatory compliance. Pricing is structured as a single all-in rate with no variable FX or pass-through fees. 3. Neon Console is the publisher dashboard for managing operations and analyzing performance. Publishers can configure offers, update pricing, launch promotions, and adjust storefront settings (via dashboard, CSV upload, or API) without requiring engineering support. The console also provides real-time transaction data with itemized fee breakdowns, promotional performance tracking, and full-funnel analytics from store visits through checkout completion. Data can be ingested via API, exported via CSV, or integrated with existing business intelligence tools through AWS and Google Cloud connections.



**Who Is the Company Behind Neon?**

- **Seller:** [Neon](https://www.g2.com/sellers/neon-c62b8158-a1e1-4b0e-bb99-63ea49dde0a6)
- **Year Founded:** 2022
- **HQ Location:** San Francisco, California, United States
- **LinkedIn® Page:** https://www.linkedin.com/company/neonpay/ (23 employees on LinkedIn®)



### 24. [Polar](https://www.g2.com/products/polar-software-polar/reviews)
  Polar builds a monetization platform that offers pricing models, seamless payment processing, automated tax compliance, and detailed analytics, allowing developers to streamline operations and enhance customer lifecycle management for their digital offerings.



**Who Is the Company Behind Polar?**

- **Seller:** [Polar Software](https://www.g2.com/sellers/polar-software-22165850-522a-4bde-8ac1-28a5d10e76ee)
- **HQ Location:** N/A
- **LinkedIn® Page:** https://www.linkedin.com/company/No-Linkedin-Presence-Added-Intentionally-By-DataOps (1 employees on LinkedIn®)



### 25. [Reach](https://www.g2.com/products/reach-2025-04-14/reviews)
  Reach is a modular merchant of record built to fit your existing commerce stack, not replace it. We enable brands to sell locally in 70+ countries by handling the liability of tax compliance, fraud, and cross-border payments. Unlike traditional solutions, Reach operates behind the scenes. You keep your existing platform (Shopify, Magento, etc.) and your high-converting checkout, while we assume the risk. No redirects, no replatforming, and no need to set up local entities. Just compliant global growth with the tools you already use.


  **Average Rating:** 3.3/5.0
  **Total Reviews:** 2

**Who Is the Company Behind Reach?**

- **Seller:** [Reach](https://www.g2.com/sellers/reach-67de01d1-cfba-4b7f-ae5a-c58c70bf6fad)
- **Year Founded:** 2016
- **HQ Location:** Calgary, CA
- **Twitter:** @with_reach (213 Twitter followers)
- **LinkedIn® Page:** https://ca.linkedin.com/company/with-reach (156 employees on LinkedIn®)

**Who Uses This Product?**
  - **Company Size:** 100% Small-Business



    ## What Is Merchant of Record Software?
  [E-Commerce Software](https://www.g2.com/categories/e-commerce)
  ## What Software Categories Are Similar to Merchant of Record Software?
    - [Subscription Management Software](https://www.g2.com/categories/subscription-management)
    - [Subscription Revenue Management Software](https://www.g2.com/categories/subscription-revenue-management)
    - [Subscription Billing Software](https://www.g2.com/categories/subscription-billing)