Merchant of Record Explained: Benefits vs. Disadvantages | Decoding Cross-Border Ecommerce | Ep #10

Is a Merchant of Record (MoR) service the right choice for your international business? In episode 10 of the Decoding Cross-Border Ecommerce podcast, hosts Clint Reid, Founder and CEO of Zonos, and Aaron Bezzant, Zonos' Head of Global Trade Strategy, dive into the world of MoR. They tackle the ongoing debate surrounding MoR services in cross-border ecommerce, providing clarity on this complex topic.

Discover what MoR entails, its pros and cons, and how businesses can enjoy the benefits without the drawbacks--the best of both worlds. Learn the differences between MoR, payment processors, and exporters of record, as well as the responsibilities and liabilities associated with each. The hosts also discuss the limitations of MoR services, such as slow payout speeds and mishandling of low-value tax schemes.

Don't miss this opportunity to gain expert insights into the MoR landscape and how to navigate it effectively for your business.

[00:00:00] Opening clip
[00:00:36] Intros
[00:02:38] What is Merchant of Record
[00:09:44] MoR vs. payment processor vs. exporter of record
[00:16:41] MoR liability
[00:19:29] MoR disadvantages
[00:26:16] MoR without the disadvantages
[00:29:58] Importer of record vs. payment processor vs. MoR responsibility
[00:32:52] Shopify Markets Pro vs. Markets
[00:38:30] Shopping platforms w/ Zonos extension = best of both worlds
[00:47:30] MoR services deprive merchants of logistics control
[00:50:05] Closing remarks

#MoR #MerchantOfRecord #ImporterOfRecord #IoR #ExporterOfRecord #EoR #crossborder #zonos #ecommerce

Links:

Learn more about Zonos:
https://www.zonos.com/?utm_source=you...

Merchant of Record Services:
https://zonos.com/docs/guides/merchan...

Subscribe to the Decoding Cross-Border Ecommerce podcast:
   • Decoding Cross-Border Ecommerce podcast  

Stripe’s merchant of record docs:
https://stripe.com/resources/more/mer...