Digital River Alternatives for 2024 -

There are a lot of Digital River alternatives on the market. There's a chance that you're not aware of what makes one of them distinguish themselves against the others.

It is crucial to comprehend the truth the fact that Digital River is a merchant of record (MoR) It means certain payment companies may not provide the comprehensive services that you're used when using an MoR.

In this blog, we'll talk about:

The reasons to choose HTML0 for the most effective Digital River Alternative is it an Agent of Record

If you're a fan of Digital River but aren't familiar about the concept"merchant of record "merchant of record" is it possible you're not aware of the numerous advantages that are associated with this.

This article will explain the significance of MoR and explain what it's for is it important for your business uses it to make money through the use of your SaaS software, or other digital services - and you need to ensure that you keep using one.

HTML0 What's an Merchant of Record?

Merchant of Record (MoR) is the person who sells the goods and services for sale to customers. The company can function as its own MoR, but many opt to subcontract this function to an agency such as Digital River or to sell items and services on behalf of their company.

The MoR is accountable for the risks of SaaS transactions for you which implies that they handle all aspects of processing payments, and chargeback management, collecting and paying taxes as per local regulations and laws. Additionally, because the MoR is responsible for all problems related to these problems they resolve and resolve, they can manage the issue for you and you don't have to.

Digital-commerce-reliant businesses that utilize an MoR can focus less on ecommerce and more on making great software, SaaS, video games, mobile games, or other digital goods.

What makes the Merchant of Record different from payment Service providers ?

The payment service provider (PSPs) along with MoRs serve as a bridge between the businesses who want to market their products, and the specific networks and solutions needed at the backend to make it easier for those transactions. These networks and services can include payment gateways processing merchant accounts which accept debit and credit card payment in addition to additional.

PSPs generally also have an Ecommerce Platform and/or Integration capabilities (such as APIs, plug-ins and custom integrations.) to integrate their payment system or checkout on your online store or website however, there are various options accessible.

However, payments service companies generally fall somewhere within the middle of controlling risks, handling tax concerns as well as chargebacks. If rules or regulations are changed within one of the nations or regions in which you offer your product it is essential to stay current with changes and altering your PSP processes and check out according to the changes.

Certain PSPs have an upgradeable payment option so that they can bring their services closer to those which MoR can automatically provide, however they are often added-on functions that require charges for upgrades. For Stripe For instance. Stripe has a fraud prevention enhancement called Radar however, it has an additional cost per transaction.

Grow With the most experienced retailer of Record Record

One of the biggest merchants affiliated with the world's largest software companies, handling more than 1 billion dollars worth of transactions per year.

Here are some of the various reasons that we've gotten this name.

We've got decades of Experience

In 2005, the company was established and boasts over twenty years of expertise in the field of global payments, and is an part of the SaaS industry as it's grown.

That's why our team is well-versed in the complexity of selling digital products and apps, as well as subscription management and every nuanced need associated with the process.

We're backed by Great Investors

It is not necessary to stress about being efficient or stable. With our years of knowledge and experience we are in a position to offer protection by being backed by a highly reliable, efficient, and reliable financial institution.

With the help of Accel-KKR, you can get access to cash and other resources that you need to expand your business's activities through online payments, and offer superior privacy, corporate and security supervision.

We change as we grow

Our many years of spent in the field of payment platforms has assisted our company grow over the years. However, that growth is because of our wonderful clients.

This is due to two main reasons that we use the model of revenue sharing as well as because we're a company who wants to help you continue your growth.

     1. Earn cash when you earn cash.

Based on the revenue sharing method that we use, we earn a profit each time you complete. If your customer makes purchases and we receive a commission on the transaction.

It means that, if you're not doing anything or moving money, we're not charging you a commission.

Our team will collaborate with you to establish easy, flat-rate pricing based on the volume of transactions and the time it takes to complete. Pricing will include the functions of our platform, as well as tools.

2. We want to be your partner and not just your payment solutions

Stardock may be able be able to transition into SaaS subscriptions thanks to the ready-to use subscription infrastructure. They were aware of the money we have invested in our platform in order in the pursuit of developing new services and new features.

This helped Brad Sams of Stardock feel at ease in the partnership between Stardock and Brad Sams of Stardock, because he could understand that this partnership was likely to last. "Because as we grow in size, the more successful will we become. It is essential to ensure that everyone is winning, and that everything are in sync."

" was following that road that was a continuous investment, and wasn't only collecting his paycheck every month, but not doing anything."

Brad Sams, Stardock Brad Sams, Stardock

TestDome has been extremely happy by their assistance, noting that it goes through the entire process in helping issues of purchasers and chargebacks through to the high levels of the organization including the CEO.

     Awards-Winning Customer Service and Customer Retention    

The exceptional level of support and customer support has not only been acknowledged by our clients, however, it's also been recognised within our business.

We're not simply saying we're seeking to be an equal partner, we've determined to prove it.

     Our team of expert migration specialists strives for your success    

Support isn't just for the initial time following your first sign-up We're here to help you get up and running with our payment system as swiftly and easily as you can.

The team of our hands-on implementation consisting of sales engineers who are highly skilled are an expert on the online storefront built-in solution, that is flexible and broad webhook API as well with different options. They will assist customers in making smooth adjustments with seamless Integration and the migration process.

     Other Fantastic Features    

Below are more great reasons to use :

• Your account will immediately be conforming to VAT and sales tax, as well with privacy laws across the world.
• The company accepts the top 95% of all payment options which are accepted in over 180 countries around the globe as well as in over 21 languages.
• It is possible to create seamless and interactive, or even integrated pop-up checkout pages for your website.
• We make it easy to provide discounts, coupons and prices that are dynamic for promotional events.
• The procedure of paying for your purchases can be streamlined in just one click with 1ClickPay.
• Plus much plus!

3 Others Digital River Solutions

They are the most common choices to think about when you are evaluating Digital River competitors. Make sure to note that none these options are merchants of record. Therefore, they'll need to improve their services via their internal channels and also through additional vendors or products.

     Stripe    

Stripe is an affluent payment processor for credit cards. The company can accept debit, credit cards, and mobile payment options and other features such as:

• Payment processing.
• The user interface can be made customizable and comes with pre-designed checkout flows.
• A simple way to manage subscriptions.
• Online invoice.

Perhaps you're thinking whether this could be a good option for your business because it's popular and might seem at first to provide less expensive rates than the store of record that you're working with. It's due to the fact that Stripe isn't a retailer that is registered.

If you're seeking to cut your business transaction costs and possess the capacity and expertise and the time and teams to support all the products you'll be losing as you move from MoR accounts to Stripe this might be the best option for your firm. It's still necessary to take care of costs associated with services that are lost including tax issues of compliance, control of fraud, as well as controls on fraud. Stripe provides products to assist in completing these needs. However, they are also add-ons which will increase the cost of each item and the initial savings may rapidly disappear.

If you're considering switching to Digital River to a business similar with MoR and you like the benefits and security MoR gives, Stripe probably isn't the best Digital River competitor for you.

Adyen

Adyen bills itself as an "end-to-end finance management system, payment, and financial management, integrated into one system." The company's payment services and financial services are complemented by a range of services and features that include:

• Online and in-person payments are both part of the same payment system.
• Optimizing revenue by using clever payment routing that improves the conversion rate.
• Subscription management features like dunning automation.
• Management of risk through the detection of fraud as well as detection of fraud and.

While Adyen provides certain advantages an authorized merchant could provide However, you'll still need to control your company accounts as well as the merchant accounts..

PayPal could be a great alternative for small-sized businesses

PayPal is an incredibly famous online wallet used for personal online payments They also offer the possibility of processing transactions for companies which are smaller in dimension. PayPal for Business is both an in-person and online shopping platform.

(SaaS companies that utilize it also process payments using PayPal.)

Other services provided by PayPal for Business include but include but aren't restricted to:

• Integrations built in major online shopping carts (such such as Shopify).
• QR codes and POS system.
• Invoicing.
• Protection against chargeback (only available for business accounts that have Advanced Credit and Debit Card payments).

Alongside PayPal for Business, PayPal offers a payment processor that is designed specifically to work with SaaS called Braintree.

What should I do?

Do you require a merchant of record in order to expand your international business? It's an all-inclusive and integrated payment system that is suitable for SaaS, software, video gaming, as well as other organizations that market digital items.

We offer VAT and sales tax calculations as along with collection and remittance. Localized payments are made We ensure Regulation compliance; top-rated consumer support; as well as many other items!

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Katie Stephan Katie Stephan is the Senior Content Strategist of . Besides her extensive marketing experience and knowledge that she is acquired an MFA in creative non-fiction writing. In addition, she worked with the local community as a writing teacher at a local university.

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