Startups and small businesses
Posted: Sat Dec 07, 2024 7:20 am
High-volume transaction businesses are great candidates for Merchants of Record, specifically due to their complex processing needs. In these cases, MoRs have the expertise and resources to allow these businesses to continue their expansion.
As a large business with complex processing requirements, you should absolutely consider Merchant of Record as a solution for many reasons, but firstly because it can accommodate all your needs through strong customization capabilities. Customer flows, B2B payment methods, manual as well as automatic subscriptions, the ability to connect through API and webhooks with internal systems, and accounting and financial operations all are provided and greatly simplified.
It is a common misconception that businesses operating afghanistan telemarketing list in a single market with simple payment structures, a low transaction volume, and no immediate global growth plans are not a good fit for Merchants of Record. However, we emphatically disagree. Merchants of Record offer a simplified way of handling payments, which includes everything from ensuring compliance to lowering fraud and chargebacks. This helps small businesses focus more on their products instead of worrying about solving payment and shopper-related challenges.
Additionally, with MoRs, SaaS and software startups can offer multiple payment methods and access innovative built-in tools. These matter greatly in both domestic and international transactions.
All startups want to grow, and MoRs offer the infrastructure facilitating expansion. There is no sweeter spot to integrate with an MoR than in your start-up phase, as later on in the process you won’t have to deal with complicated migrations or high churn rates. Being compliant and payment-ready to sell anywhere worldwide from the moment you start doing business will allow you to enter a different growth stage faster.
As a large business with complex processing requirements, you should absolutely consider Merchant of Record as a solution for many reasons, but firstly because it can accommodate all your needs through strong customization capabilities. Customer flows, B2B payment methods, manual as well as automatic subscriptions, the ability to connect through API and webhooks with internal systems, and accounting and financial operations all are provided and greatly simplified.
It is a common misconception that businesses operating afghanistan telemarketing list in a single market with simple payment structures, a low transaction volume, and no immediate global growth plans are not a good fit for Merchants of Record. However, we emphatically disagree. Merchants of Record offer a simplified way of handling payments, which includes everything from ensuring compliance to lowering fraud and chargebacks. This helps small businesses focus more on their products instead of worrying about solving payment and shopper-related challenges.
Additionally, with MoRs, SaaS and software startups can offer multiple payment methods and access innovative built-in tools. These matter greatly in both domestic and international transactions.
All startups want to grow, and MoRs offer the infrastructure facilitating expansion. There is no sweeter spot to integrate with an MoR than in your start-up phase, as later on in the process you won’t have to deal with complicated migrations or high churn rates. Being compliant and payment-ready to sell anywhere worldwide from the moment you start doing business will allow you to enter a different growth stage faster.