Digital River Alternatives for 2024 -

There are a lot of Digital River alternatives on the market, and it's hard to figure out what makes a distinct from others.

This is because Digital River is a merchant of record (MoR) that means that some payment processors do not have the kinds of features that you're used to when using an MoR.

In this piece, we will discuss:

Why to Select HTML0 as the most effective Digital River Alternative will be an Merchant of Record

If you're acquainted to Digital River but aren't familiar with the term "merchant of record" there's a chance that you're unfamiliar with its numerous benefits using it.

This post will help you understand the basics of what MoR is and for why it's crucial for the business who uses it to generate profits for SaaS, software or another digital products. It is important to ensure that you will continue making use of one.

What Is a Merchant of Record?

Merchant of Record (MoR) is the company that offers the products and services that customers buy. Businesses can act as their MoR However, many prefer outsourcing the work to a company such as Digital River or to sell products or services in the name of their company.

The MoR takes on the liability of SaaS transactions on your behalf and takes care of everything from management of the charges to the management of payments, as well as the collection and payment of taxes and the compliance of local legislation and laws. Furthermore, the MoR is accountable for the occurrence of any issues in these areas, they solve the problems on your behalf, there is no need for you 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 an Merchant of Record Different From Payment Service Providers ?

Pay service providers (PSPs) as well as MoRs provide the bridge between the company owner looking to market their services, and special technology and necessary services on the backend to facilitate those transactions. The specialized products and networks might include payment gateways payment processing accounts for merchants to take debit or credit cards, and various other offerings.

PSPs typically also come with an online store platform or integration functionality (such such as API plug-ins and special integrations.) The PSP can link their payment processor or payment gateway to your website or shop However, a variety of choices are offered.

But, payment service firms typically fall somewhere between the two with regards to managing the risk of tax-related issues as well as assisting in chargebacks. If regulations or rules change in the region or countries where the products you sell are accountable for keeping up-to the latest on changes as well as changing your PSP processes, and ensuring that you checkout in line with the latest.

Certain PSPs might offer payment options which can be upgraded in order to make their service more similar to the features that MoR includes automatically, but those are generally bolt-on services that are accompanied by a cost for upgrades. For instance, Stripe offers a fraud-prevention upgrade known as Radar however it is bundled with a cost for transactions that is higher.

Learn with an experienced merchant of Record

is the largest seller that records the names of firms that create software across the globe, with over one billion dollars of global transactions each year.

Here are a few of the reasons this is the case.

     We Have Decades of Knowledge    

We were founded in 2005, with having more than a decade of knowledge in the field of international payments. In addition, we've been in the SaaS market since it first developed.

This is because we have an in-depth understanding of the complexity of selling digital items as well as software such as subscription management as well as all the nuanced aspects that go with it.

     We're backed by Great Investors    

You don't have to be thinking about being reliable or financially secure. In addition to our experience and skills, we also provide the assurance of being supported by an extremely efficient, top-performing, and well-known investment company.

Through Accel-KKR, we've the funds and resources for you to expand your business using online payments and provide you with superior security, privacy and corporate security control.

     We change when we Expand    

The many years we have spent within the world of payment has allowed us to expand throughout the years. But, this growth was only possible due to our faithful customers.

The reason for this is two motives: we run with a revenue sharing system in addition to the fact that we're a Business Partner that wants to help your business in advancing.

     1. This is a technique to earn income if you are earning income.

In the Revenue Sharing program, we make money whenever you do. In the event that clients purchase from us, we charge a small fee on each transaction.

So, when you're not doing any type of trade or transfer funds, we're not charged you this commission.

Our team of experts collaborates with you to create simple, flat-rate pricing that are based on the amount of transactions, and also your timeline and include each feature of our platform and instruments.

2. Are you looking to be Your Partner, not just your Solutions for Payments Management

Stardock has been able to successfully switch to SaaS subscriptions thanks to an existing subscription service which is accessible for users. They also acknowledged our mutual commitments we've established in our own platform that allows us to keep creating new features and products.

This made Brad Sams of Stardock feel confident in his partnership with Stardock because it was evident the partnership was in the right place to endure. "Because the more successful we are, then the better it is going to be in the future. We've got to make sure everyone is on the same side, and that all the pieces will be aligned."

" was going down the route of a constant investment, rather than just collecting a salary every month without doing anything."

--- Brad Sams, Stardock

TestDome is also satisfied with their service, noting that it provides customer support along with chargebacks all the way all the way to the highest levels of the business as well as its CEO.

Highly-Commercialized Customer Support and Customer Retention

The high-end support we provide and our customer assistance has been acknowledged by our clients. It is also recognized by our own business.

We don't just say we're trying to partner with you We've made it our mission to prove it.

Our in-depth Migration team is determined to aid you to succeed.

We do not end our assistance with the people who have signed up on our platform. We'd like to see you get getting started with our platform to make transactions fast and easily as possible.

Our team of hands-on, highly efficient sales engineers is expert in the built-in storefront online, the versatile and comprehensive API, webhook functions and features, such as webhooks. We're available to users to make seamless changes through integrating and transferring.

     Other Fantastic Features    

There are a myriad of other great reasons to use

• This automatically entails taxes for sales and VAT, as well as privacy laws across the globe.
• accepts the top most popular ways of paying that are accepted by more than the 185 nations of the world in addition to more than 21 languages.
• It's possible to create seamless embedded or modal pop-up checkout experiences on your site.
• We make it easier for you to give discounts coupons, sales and current pricing points for promotions.
• It's possible to have checkout in a single click with 1ClickPay.
• There's more!

3 more Digital River Solutions

They're among the top alternatives to think about when you are looking at Digital River competitors. Take note that none of the listed below alternatives are those that are registered, therefore it is possible to extend the services they offer, whether internally or in conjunction with different service or suppliers.

     Stripe    

Stripe is a well-known payment processor that allows companies to accept credit and debit cards, as well as mobile payments, and offers various features, including:

• Payment processing.
• A UI that can be personalized and can be built into checkout flows.
• Simple and straightforward managing your subscription.
• Online invoices.

You might be wondering whether this is a viable option for your business since it's widely used and may seem at first like it has less expensive prices than the retailer of record using which you are currently. It's because Stripe isn't a retailer of record.

If you're trying to cut down on the costs of transactions you carry out and you have the expertise as well as the experience to handle the many services you'll be losing in the transition from MoR's system to Stripe, it could be the ideal choice for your company. But you'll need to compensate for the the services you'll lose, like tax compliance, fraud prevention and other. Stripe has products to aid with these tasks. However, they are added-on features that could increase the total cost, meaning that any initial cost savings may quickly disappear.

However, if you're looking to switch from Digital River to a business which is in the same category that MoR is, all the benefits and security that MoR offers, Stripe probably isn't the most suitable Digital River competitor for you.

Adyen

Adyen describes itself as "end-to-end payments, data and financial management, all within one package." Financial solutions and payment services are supported by a variety of services and options, like:

• In-person and online payments are all the same system.
• Optimization of revenue through intelligent payment routing, which improves effectiveness of conversion.
• Subscription management features like dunning automation.
• Risk management through the identification of frauds and the identification of frauds and.

While Adyen provides certain benefits which merchants of record can provide however, you'll need to handle your own business account as well as the merchant accounts.

PayPal for business

PayPal is a famous online payment platform that allows online payments for personal transactions. They also have an option for processing the payments of smaller businesses. for Business: PayPal for business is a service which can be used in person as well for e-commerce.

(SaaS companies that utilize this service can also take payment via PayPal.)

The other benefits to PayPal for Business include but don't limit themselves to:

• Integrations built-in to major web-based shopping carts (such such as Shopify).
• A POS device and QR code as well as QR codes.
• Invoicing.
• Security against chargeback (only available to companies that have Advanced Credit and Debit Card payments).

In addition to PayPal for Business, PayPal also offers an exclusive payment processor that is available to SaaS which is known as Braintree.

     How Do I Help?    

Do you want an honest merchant that can assist you in increasing your exports internationally? This is a complete and integrated payment solution that is suitable for SaaS software, games, video gaming, and all other businesses that sell digital goods.

Our solutions include the estimation of sales tax as well as VAT. Additionally, we handle localization of payments and compliance with regulation and collection. We also offer award-winning consumer support; and many more!

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Katie Stephan Katie Stephan is the lead content strategist of . Alongside her years of marketing experience and expertise, she also holds earned an MFA in writing creative nonfiction as well as being a part of the local community as a professor of writing at the local university.

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