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How to Choose Between a Payment Facilitator (PayFac) and a Merchant of Record (MoR) for Your Business

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To simplify the intricacies of payment processing, two well-known solutions have surfaced: Payment Facilitators (PayFacs) and Merchants of Record (MoRs). Understanding Payfac vs Merchant of Record Payment Facilitators (Payfacs) and Merchants of Record (MoRs) are two different ways to process payments.

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Thanks to Capchase, Intellum, Pilot, SafeBase, and Tilled for Sponsoring SaaStr Annual 2022!

SaaStr

SafeBase enables sales and security teams to efficiently collaborate and close enterprise deals faster. Share security advisories, compliance updates, and more in various channels using Trust Center Updates. Welcome to Payfac-as-a-service. Let Pilot focus on your financials, so you can focus on your business.

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What Is Merchant of Record (MoR)? How It Can Become the Backbone of Your Online Transactions

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It takes on responsibility for every transaction with the final consumer, managing chargebacks and refunds as well as tax duties, PCI compliance, and payment processing. Also Read: How to Choose Between a Payment Facilitator (PayFac) and a Merchant of Record (MoR) for Your Business How to Use MoR for Your Online Transactions?

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PayFac vs. ISO: What Is the Optimal Integrated Payment Strategy in SaaS?

Our comprehensive article delves into the merits and challenges of Payment Facilitators (PayFac) versus Independent Sales Organization (ISO) registration. Understand the nuances of speedy onboarding with PayFacs and the enterprise value advantages of ISOs. Delve deeper into issues of scalability, compliance, and setup.