Acting as a Merchant of Record for tax compliance, Payment processing with minimal customer billing inquiries
While it automates tax compliance, recent failures to pay vendors pose a significant financial risk.
Reliable vendor payouts, Providing a bug-free checkout experience on Safari
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The merchant of Record will then act as a middleman reseller between your SaaS and a consumer, and will take full responsibility not only for calculating, but also collecting and filing taxes in any of the jurisdictions.
Hacker News • HackerNews • Use case: Acting as a Merchant of Record to handle all tax responsibilities for a SaaS
With MyCommerce I've never had a customer contact me with billing questions... The only problem with MyCommerce that I've had so far is that their checkout form is a bit buggy on Safari.
Hacker News • HackerNews • Use case: Payment processing and invoicing
DigitalRiver/MyCommerce stopped paying vendors since July.
Hacker News • HackerNews • Use case: Acting as a Merchant of Record to handle payments and sales tax compliance.
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