Digital River Alternatives for 2024 -

There's an abundance different Digital River alternatives on the market. It's possible that you're not sure what makes each one stand out from the rest.

It's important to understand the facts about Digital River is a merchant of record (MoR) It means certain payment providers may not offer the full range of services you're employing when using an MoR.

On this post, we'll be talking about:

The reasons to choose HTML0 for the most effective Digital River Alternate is that it functions as an Agent of Record

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

This article will explain the importance of MoR and also explain the reason to be used for. the business to earn money from the usage of your SaaS software, or other digital services - and you must ensure you keep employing MoR.

HTML0 What is a Merchant of Record?

Merchant of Record (MoR) is the individual who markets items and services that are offered for purchase to consumers. It is possible for a company to function as its own MoR however, many choose to outsource this task to an agency such as Digital River or to sell items and services on behalf of their organization.

The MoR is accountable for the risk of SaaS transactions for you which signifies that they are responsible for the entire process of processing payments, and chargeback management tax collection and payment according to local rules and law. In addition, as the MoR is responsible for all problems related to these problems they solve and fix, they are able to handle the problem on your behalf and you do not need 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 is it that makes Merchant of Record different from Payment Service providers ?

Payment service providers (PSPs) together with MoRs are a means of bridging between companies who wish to advertise their goods along with the particular services and networks required at the backend of making it easier for those transactions. These networks and services can include payment gateways processing merchant accounts, which take credit and debit card payments along with other.

PSPs generally also have an Ecommerce Platform and/or Integration capabilities (such as APIs, plug-ins or 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 usually fall within the middle of controlling the risks and handling tax-related issues in addition to chargebacks. If regulations or rules are changed within the one of the nations or areas in which you offer the product, it's important to be aware of changes as well as altering the PSP methods and procedures your processes in line with adjustments.

Certain PSPs offer an upgradeable payment option to make their payment options more similar to those which MoR is able to automatically provide but they're typically an added-on feature that requires charges for upgrades. For Stripe for instance. Stripe has a fraud prevention feature named Radar however, it has an extra cost per transaction.

Grow With the most experienced seller of Record Record

One of the biggest merchants that is affiliated with one of the biggest software firms, which manage more than a billion dollars of transactions annually.

Here are some of the various reasons that have led to this name.

We've got years of experience

The company was founded in 2005. was created and now boasts more than twenty years of expertise in the field of global payment and payments. It is a integral part of the SaaS market as it grows.

Our team is proficient in the complex process of selling digital items and apps in addition to managing subscriptions, and every necessity that goes with the procedure.

We're backed by Great Investors

There is no need to be concerned about whether you are efficient or stable. With our years of knowledge and expertise, we're at a point to provide assurance by being protected by a dependable effective, reliable, and efficient financial institution.

With the help of Accel-KKR, you will have access to cash and other tools you require to grow your business through online payments, and offer superior privacy surveillance of security, company and personal.

Changes occur as we age.

The many years we have spent in the field of payment platform has helped the company to expand over years. This growth, however, can be attributed to our fantastic customers.

The reason for this is two major reasons we use the model of revenue sharing, as and also because our company is determined to assist you in continuing your growth.

     1. Earn cash when you earn cash.

In accordance with the revenue sharing system we utilize to earn money, we make a profit for each transaction you make. If your customer makes purchases and we get a percentage for the purchase.

It means that, even if you're doing nothing or moving money then we're not charging a commission.

Our team will work with you in order to create simple and flat-rate prices dependent on the number of transactions, as well as the length of amount of time required to complete. Pricing will incorporate the capabilities of our platform, along with instruments.

2. We would like to become your trusted partner, not only your payment solutions

Stardock may be able change to SaaS subscriptions thanks to the ready-to use subscription infrastructure. They were aware of the funds we have invested in our platform in order in to develop innovative services and capabilities.

This made Brad Sams of Stardock feel comfortable in the alliance that was formed between Stardock and Brad Sams of Stardock, because he could understand that the partnership would be able to last. "Because the more we expand in size the more effective be. It's crucial to ensure that everybody is thriving, and that everything are on the same page."

" was on that path which was an ongoing expenditure, not just collecting his paycheck every month, but not doing anything."

Brad Sams, Stardock Brad Sams, Stardock

TestDome has been very pleased by their assistance, noting that they go through the entire process in helping problems with chargebacks and purchasers through to the high management of the company, including the CEO.

Customers with Award-Winning Service and Customer Retention

The exceptional level of assistance and support for customers is not just acknowledged by our customers, but it's also been recognized in our company.

It's not just a matter of trying to become an equal partner, we've decided to show this.

Our group of experienced professionals in the field of migration is committed to your success

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

The group of our hand-on implementation comprises sales engineers who are highly knowledgeable are experts in the storefront online built-in feature with a flexible and broad webhook API as well with different choices. They can assist customers with performing smooth and seamless adjustments through smooth Integration and the migration process.

Other Amazing Features

There are many more benefits to use :

• Your account will immediately be conforming to the VAT and sales tax and privacy regulations all over the world.
• The company accepts the top 95percent of payment options which can be accepted in more than 180 nations around the world and in more than 21 different languages.
• You can create an interactive and seamless website and interactive pop-up checkout pages for your website.
• We've made it simple to provide discounts, coupons and other prices that are dynamic for promotional celebrations.
• Paying for purchases is 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. It is important to remember that none these options are sellers of recording. Therefore, they'll need to upgrade their service through their own channels, as well as via other suppliers or products.

Stripe

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

• Payment processing.
• The user interface can be modified and is equipped with pre-designed checkout flows.
• An easy way to manage subscriptions.
• Online invoice.

Perhaps you're thinking whether this is a viable option for your company since it's a well-known brand and could appear at first to offer cheaper rates that the record store that you're working with. The reason is that Stripe isn't an online retailer which is legally registered.

If you're seeking to cut your costs for business transactions and have the capability and knowledge, as well as the team and resources to handle all the products you'll be losing as you move from MoR accounts and onto Stripe this could be the right choice for your company. There is still a need to manage the expenses associated with services that are removed, such as tax compliance, control of fraud, as well as controls on fraud. Stripe offers products that assist in meeting these demands. They are however additional services that can increase costs for each product and the initial savings may quickly disappear.

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

Adyen

Adyen claims to be an "end-to-end finance management software, payments, as well as financial management all integrated into one." Its payment and financial services are complemented with a variety of features and features that include:

• Payments made online and in person are both part of the same system of payment.
• Optimizing revenues by making use of smart payment routing techniques that boost the rate of conversion.
• Subscription management features like dunning automation.
• Controlling risk by identification of fraud, and also the identification of fraud.

However, Adyen provides certain advantages the merchant who is authorized can offer But, you'll need to control your company accounts, as well as your Merchant accounts..

PayPal may be an excellent option for smaller-sized companies

PayPal is a well-known online wallet that is used to make personal online payments They also offer the possibility of processing transactions for businesses that have smaller sizes. PayPal for Business can be used both in person and as an on-line shopping site.

(SaaS businesses that use PayPal also handle payments through PayPal.)

Other offerings offered through PayPal for Business include but include but aren't restricted to:

• Integrations built in major online shopping carts (such for Shopify).
• QR codes and POS system.
• Invoicing.
• Protect yourself against chargeback (only only available to business accounts which have Advanced Credit and Debit Card transactions).

In addition to PayPal for Business, PayPal has a payment processor which is designed specifically to work with SaaS known as Braintree.

What can I do?

Are you in need of a merchant of record in order to expand your international business? It's a comprehensive and fully integrated system of payment that's appropriate for SaaS software, video, gaming, and others that sell digital goods.

We offer VAT and sales tax calculations, along with the collection and payment. Local payments are accepted we ensure Regulation compliance; top-rated consumer assistance; in addition to numerous other services!

 HTML1 Additional Information You May Be Interested in

Katie Stephan Katie Stephan is the Senior Content Strategist at . Besides her extensive marketing experience and expertise, she has obtained she has an MFA in creative non-fiction writing. Additionally, she was involved with the local community as a writing teacher at a local school.

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