Digital River Alternatives for 2024 -

Sep 26, 2024

There are a lot of Digital River alternatives on the market, and it's hard to understand what makes one particular one distinguish itself from others.

It's important to know it is because Digital River is a merchant of record (MoR), which means that some payment providers may not provide the kind of features that you're used to when using an MoR.

In this article this post, we will discuss:

The Reasons to Choose HTML0 as the Most Effective Digital River Alternative is a Merchant of Record

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

This article can help you learn what MoR is and for why it's crucial for the business that uses it to make money for your SaaS, software, or another digital products. You should be certain that you continue using one.

What Is a Merchant of Record?

Merchant of Record (MoR) is the business that sells the products and services that customers purchase. Companies can serve as their MoR, however many prefer to contract out the task to a company such as Digital River or to sell products or services on behalf of their business.

The MoR takes on the liability of SaaS transactions on your behalf and handles everything from the processing of charges and payment management as well as the collection and paying of taxes, and even the compliance of local legislation and rules. In addition, since the MoR is responsible for any concerns that might arise within these fields and they resolve the issues for you which means you don't need 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 business owner who is seeking to promote their products, and the specialized technology and the services needed on the back end in order to facilitate those transactions. These specialized networks and products might include payment gateways payment processing accounts for merchants to take credit or debit cards and a host of other services.

PSPs usually also include an e-commerce platform and/or integration functionality (such such as API plug-ins or special integrations.) They can connect their payment processor or payment gateway to your website or shop However, a variety of options are available.

However, payment service companies generally fall in the middle when it comes to reducing risk, handling tax issues, and assisting with chargebacks. If regulations or rules change within the any of the regions or nations in which you offer your items You're responsible for staying up to date on modifications, as well as updating your PSP processes and checkout accordingly.

Certain PSPs may offer payment services that can be upgraded in order to make their service more similar to the features that MoR includes automatically, but these are typically bolt-on functions which be accompanied by cost for upgrades. As an example, Stripe offers a fraud-prevention upgrade called Radar however it is bundled with additional cost of transactions.

Develop with , an expertly-trained merchant of Record

is the biggest retailer of record for the companies that develop software around the world with more than one billion dollars of global transactions annually.

We'll give you a few of the many reasons why that we've earned this reputation.

We Have Decades of Knowledge

We were founded in 2005 and are more than two decades of expertise in the field of international payments. And we've been part of the SaaS market since it first developed.

Because of this we have an in-depth understanding of the complexities of selling digital products in addition to software such as subscription management and all of the nuances that go with it.

We're supported by Great Investors

It's not necessary to think about being profitable or trustworthy. Apart from our knowledge and expertise, we can offer the security of being supported by an extremely successful, top-performing and recognized investment company.

Through Accel-KKR we've got the resources and proceeds needed to help scale your business using online payments and also provide superior security, privacy and corporate security management.

 We Change When We Grow

Our many years worked in the global world of payments has enabled us to expand throughout the years. However, that growth has only happened due to our loyal customers.

The reason for this is two reasons: we operate on a revenue sharing model as well as because we're a business Partner who is keen to assist you in growing.

     1. It's a method to make money if you earn money.

Through the'revenue sharing' program, we earn money whenever you do. In the event that the client purchases from you, we charge a small commission on the transaction.

So, when you're not conducting any kind of business or transfer funds, we're not charged you that commission.

Our expert team will work together with you to create basic, flat-rate prices based on the volume of transactions, as well as your timeframe and that pricing includes every feature of our platform and tools.

2. Are You Looking to Be Your Partner instead of just your Solutions for Payments Management

Stardock was able to make the transition to SaaS subscriptions due to its already in-hand subscription system that is available for use. However, they also recognized the mutual obligations we have made in our own platform that allows us to keep creating new features and products.

It made Brad Sams of Stardock feel secure in his partnership with Stardock  as it was clear that we were in the right place to endure. "Because the more successful we are, then the better it will be to come. We've got to make sure that everyone's on the winning side and that everything will be aligned."

" was going down the path of a continuous investment, rather than just collecting a salary every month and never doing anything."

-- Brad Sams, Stardock

TestDome is also satisfied with their support, noting that it goes through assistance for buyer concerns along with chargebacks all the way all the way to the top of the organization and its CEO.

Highly-Commercialized Customer Support and Customer Retention

Our top-quality support and customer support has been recognized by our clients, it has also been recognized in our business.

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

Our in-depth Migration Team is committed to help you succeed.

We don't end our support with the people who have enrolled on our platform. We'd like to ensure that you get getting started with our platform to make transactions as swiftly and smoothly as you can.

Our team of hands-on, extremely efficient sales engineers are expert in the built-in storefront online, the versatile and extensive API, webhook functions, including webhooks. We're here for users to make seamless changes by integrating and migrating.

Other Fantastic Features

There are many more excellent reasons to use

  • It is automatically to taxes on sales and VAT as well as privacy laws around the globe.
  • accepts the top most popular methods of payment that are accepted in more than the world's 185 countries, and more than 21 languages.
  • It is possible to customize seamless embedded or modal pop-up checkout experiences on your site.
  • We simplify the process to give discounts coupons, deals and current price points in promotions.
  • It is possible to make checkout as simple as a single click with 1ClickPay.
  • And much more!

Three more Digital River Solutions

They are among the top options to consider for when you are looking at Digital River competitors. Be aware that none of the listed below options are retailers that are registered, therefore you could need to expand their services, either internal or in conjunction with other suppliers or service providers.

Stripe

Screenshot of Digital River alternative Stripe's homepage, with a colorful red, purple, and yellow background, large black text on the left, and photos of a smartphone screen and an analytics dashboard on the right.

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

  • Payment processing.
  • A UI that can be personalized and can be built into a checkout flow.
  • Simple and easy management of your subscription.
  • Online invoices.

You might be wondering whether it's a good alternative for your company because it's ubiquitous and it may seem at first like it has less expensive prices than the retailer of record using which you are currently. This is because Stripe isn't a retailer of record.

If you're looking to cut down on the cost of the transactions you conduct and you have the expertise, experience and personnel to manage the numerous services you'll be losing when you switch from MoR system to Stripe This could be the ideal choice for your company. But you'll need to compensate for the the services you're losing, such as taxes compliance and fraud prevention, as well as other. Stripe provides products to assist in completing these tasks. They are however added-on services that may increase the total price, so any initial cost savings could quickly evaporate.

But, if you're planning change from Digital River to a business that's in the same league that MoR is, with all the advantages and security that MoR offers, Stripe probably isn't the most suitable Digital River competitor for you.

Adyen

Screenshot of Digital River alternative Adyen's homepage, white background with black or green text and a close-up image of a small digital device and stylus.

Adyen defines itself as "end-to-end payment, data and financial management, all within one package." Payment solutions, and financial services are accompanied by various features and offerings, including:

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

Although Adyen provides certain benefits which a merchant of record provides, you'll still need to handle your own business account and the merchant accounts.

PayPal for Business

Screenshot of Digital River alternative PayPal for Business' homepage, white background with black and blue text and photos of people and digital devices.

PayPal is an incredibly well-known online payment service for online personal payments However, they also provide an option to process the payment of small companies. PayPal for Business is a solution that can be utilized both in person as well as an ecommerce solution.

(SaaS businesses that use the service also accept payment through PayPal.)

Other advantages of PayPal for Business include but don't limit themselves to:

  • Integrations built-in to major web-based shopping carts (such such as Shopify).
  • QR code and POS devices and QR code.
  • Invoicing.
  • Protection against chargeback (only provided to businesses that have Advanced Credit and Debit Card payment).

Alongside PayPal for Business, PayPal also offers an exclusive payment processor to SaaS known as Braintree.

How Can Help

Do you want an honest merchant that can assist you in increasing your sales internationally? It's a comprehensive and integrated payment solution that is suitable for SaaS software, games, and video gaming and other businesses that sell digital goods.

Our solutions cover the estimation of sales tax and VAT. We also handle payment localization and collection and regulation compliance. We also provide award winning consumer support; and many more!

Katie Stephan

Katie Stephan Katie Stephan is the senior content strategist for . Besides her extensive 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 a local university.

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