Hatching Dodo | Ep 2 | What is an MoR?

Very frequently asked question honestly in all these product demos. So merchant of record is an old terminology earlier it was called importer of record. Like hypothetically, take the example of you are an Indian merchant and you have customers in US. You ideally want a US customer to pay through a local pay or payment gateway. So, what a merchant of record does is we have an entity in the US, and as an MOR, we officially resell your products. So the transaction with the of the customer, it's only between your customer and our entity in that jurisdiction. So you are able to effortlessly, collect international and global revenue.