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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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The success of your business can be greatly impacted by your choice of payment processing model in the dynamic world of eCommerce and online business. To simplify the intricacies of payment processing, two well-known solutions have surfaced: Payment Facilitators (PayFacs) and Merchants of Record (MoRs).

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

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Establishing a smooth and streamlined online transaction processing setup is important for every business. When payment processing is smooth, the flow of the recurring revenue stream automatically remains steady. So, many companies have started offering Merchant of Record payment processing services.