Best Merchant of Record Software
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 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:
Best Merchant of Record Software At A Glance
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- Overview
- Pros and Cons
- Seller Details
Paddle offers a comprehensive payment, tax, and subscription solution for SaaS companies. Instead of managing a fragmented payments stack, we provide an all-in-one platform that serves as your single
- CEO
- Founder
- Computer Software
- Information Technology and Services
- 90% Small-Business
- 9% Mid-Market
16,545 Twitter followers
- Overview
- Pros and Cons
- Seller Details
2Checkout is the digital commerce & payments provider that helps companies sell their products and services via multiple channels, acquire customers across multiple touch points, increase customer
- CEO
- Owner
- Computer Software
- Information Technology and Services
- 69% Small-Business
- 21% Mid-Market
22,592 Twitter followers
- Overview
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- Seller Details
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 mult
- Owner
- CEO
- Retail
- Apparel & Fashion
- 80% Small-Business
- 15% Mid-Market
432,367 Twitter followers
- Overview
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FastSpring—your full-service ecommerce partner. FastSpring’s easy-to-use global ecommerce platform includes all of the features your company needs to sell more, stay lean, and reach a global audience.
- Owner
- CEO
- Computer Software
- Information Technology and Services
- 87% Small-Business
- 10% Mid-Market
3,287 Twitter followers
- Overview
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- Seller Details
PayPro Global (founded 2006) is a provider of premium e-commerce solutions designed for software, Saas and digital goods companies. We deliver complete automation of the online sales management &
- CEO
- Computer Software
- Information Technology and Services
- 85% Small-Business
- 16% Mid-Market
1,337 Twitter followers
- Overview
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- Seller Details
Cleverbridge is the all-in-one ecommerce platform for global subscription businesses. As a merchant of record (MoR), we consolidate the components of a full-service billing solution — including pay
- Computer Software
- Information Technology and Services
- 42% Mid-Market
- 31% Small-Business
1,931 Twitter followers
- Overview
- Pros and Cons
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Digital River is a back-end solution for global expansion, payments, taxes, fraud, and compliance. Flexible APIs make it easy to integrate our customizable checkout with any existing commerce platfor
- Computer Software
- Information Technology and Services
- 63% Small-Business
- 28% Mid-Market
3,925 Twitter followers
- Overview
- Seller Details
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
- 100% Small-Business
- Overview
- Pros and Cons
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Nexway offers a comprehensive eCommerce and payment solution designed to help medium-sized and large businesses scale globally while reducing operational complexity. Acting as your Merchant of Record
- 75% Enterprise
- 25% Small-Business
383 Twitter followers
- Overview
- Seller Details
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 con
- 100% Enterprise
12,096 Twitter followers
- Overview
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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.
- Overview
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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,
- Overview
- Seller Details
Global Merchant of Record solution to help digital businesses to launch and accept payments across 190+ countries.
- Overview
- Seller Details
Empowering Global Ecommerce Growth. Unlock new international markets and increase revenue and profitability with our Global Ecommerce solutions, making direct-to-consumer sales simple and efficient.
- Overview
- Seller Details
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 task
45 Twitter followers
