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Global Growth: Understanding Merchant of Record for E-commerce

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Tasks in this diverse role include managing payments, complying with tax laws, and reducing risks such as chargebacks and fraud. Keeping all this in mind, in this blog, we will firstly be talking about how a Merchant of Record ecommerce can help an ecommerce business.

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Vertical SaaS vs Horizontal SaaS: 8 Differences and Similarities

Stax

Software as a Service (SaaS) has made business software more accessible by offering cloud-based, on-demand access to a range of solutions, from project management and collaboration to sales and marketing. Because horizontal SaaS companies serve both startups and enterprise businesses, scalability is a key selling point.

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What are Merchant Accounts and How Do They Work?

Stax

Accepting payments is the most important functionality that a business needs to start selling. But to accept payments seamlessly and securely, you need a merchant account. A merchant account refers to a business bank account that allows businesses to accept electronic payments for goods and services.

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How Much Do Credit Card Companies Charge Merchants?

Stax

As well as improving profit margins, these activities can also enhance the customer experience and give merchants a competitive advantage in the marketplace. Credit card fees, including interchange, assessment, and payment processor fees, impact businesses on a per-transaction or recurring basis.