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Top Merchant of Record (MoR) Providers of 2026 | Buyer-Focused Guide

Written by The Cleverbridge Team | Jan 15, 2026 8:50:15 PM

A buyer-first breakdown of leading MoR providers by use case, scale, and business model.
Choosing a Merchant of Record (MoR) has become a strategic decision for software, SaaS, and other digital businesses operating globally. As tax rules expand, payment preferences fragment, and subscription models grow more complex, the MoR you choose increasingly shapes not just compliance, but revenue performance, customer retention, and overall customer experience. 
 
This guide looks at leading MoR providers through an applicable use-case lens. Each option excels in different scenarios depending on company size, business model, and operational complexity. Our goal is to help you identify which type of MoR best fits your needs in 2026 — and why. 

How we evaluate merchant of record providers

Rather than comparing providers feature by feature, we evaluate MoR platforms based on buyer context: scale, sales motion, compliance exposure, and lifecycle complexity. This reflects how MoR decisions are actually made by finance, legal, operations, and product leaders. 

2026 MoR provider comparison chart

Provider Best Suited For Key Features Pros Cons
Cleverbridge Enterprise & B2B SaaS (+ high-volume B2C)  Global tax ownership, B2B invoicing & quoting, subscription lifecycle tools, professional services  Enterprise-grade compliance, strong services & support, 
renewal and NRR optimization
 
Premium solution may not be suitable for startups, no self-serve signup flow
Paddle Startups & SMB B2C SaaS Fast setup, SaaS billing, global tax handling, developer-friendly APIs  Easy onboarding, good fit for startups and early-stage teams  Limited B2B invoicing and enterprise customization 
FastSpring Digital products & mid-market SaaS Global checkout, digital goods support, subscriptions Simple international selling, quick time to market  Limited depth for enterprise or B2B SaaS 
2Checkout (Verifone) SaaS SMBs looking to expand into new markets Payments, tax collection, fraud management Low-touch, more payment methods for niche markets Less flexible, limited lifecycle and analytics tooling 
PayPro Global Global SMBs selling risk-sensitive
digital goods
Dispute management, tax & compliance handling, cross-border payments  Helpful for higher-risk industries & categories Limited subscription analytics and NRR optimization 
Lemon Squeezy Creators & indie developers Simple storefront, Stripe-native workflows, fast setup  Very quick to launch, simple UX  Not designed for scale, B2B, or complex billing 
Xsolla Gaming & virtual goods In-game payments, virtual currencies, gaming monetization tools  Purpose-built for gaming economies  Not suited for SaaS or general subscriptions 
Global-E DTC physical goods Cross-border checkout, duties & customs handling, localization  Strong physical commerce and marketplace support  Not designed for SaaS or subscription-first models 


Best MoR provider for enterprise & B2B SaaS (+ high-volume B2C SaaS): Cleverbridge

Overview

Cleverbridge is structurally best suited for enterprise and B2B SaaS companies with global customers, complex billing requirements, and a strong focus on retention and long-term revenue performance. The platform also suits high-volume B2C clients. 

Key features

  • Serves businesses across 240+ countries and territories.
  • Supports 30+ payment methods (including cards, digital wallets, bank transfers, and BNPL) in 59 transaction currencies.
  • Calculates, collects, and remits VAT, GST, sales tax, and regional taxes globally.
  • Built-in B2B quoting and invoicing, including renewal quotes and compliant invoices.
  • Designed for sales-assisted, self-serve, and hybrid GTM models.
  • Managed services for demand generation, retention marketing, custom development, and end-customer support.  

Pros

  • Enterprise-grade compliance and global coverage.
  • Ideal for removing friction from cart to post-conversion CX.  
  • Strong focus on renewals and net revenue retention (NRR).
  • Services and human support beyond “just a platform.”  

Cons

  • May exceed the needs of early-stage or startup businesses.
  • No self-serve signup flow available.  
  • Best value is realized when companies leverage added services (not just basic MoR functionality). 

Pricing

Flexible, percentage-based pricing dependent on transaction volume, payment mix, currencies, and customer locations.  

Reviews

G2: ★★★★☆ (4.3/5) · Trustpilot: ★★★★☆ (4.2) 

Across G2 and Trustpilot, Cleverbridge customers consistently point to reliable global checkout performance, strong tax and compliance handling, and responsive support. Reviews frequently highlight the value of having both a robust platform and a knowledgeable services team — especially for B2B SaaS companies managing complex billing, renewals, and international expansion. 

Tasked with global business hurdles like complex billing and localization needs?  
 
Talk to the Cleverbridge team to see how an enterprise-grade MoR supports long-term growth. 

Best MoR provider for early-stage and SMB B2C SaaS: Paddle

Overview

Paddle is commonly chosen by startups and smaller B2C SaaS companies looking for fast setup and simplified global selling.

Key features

  • Global tax calculation and remittance.
  • Subscription billing and basic lifecycle management.
  • Developer-friendly APIs and fast onboarding.
  • Support for SaaS, mobile apps, startups, and some gaming use cases.

Pros

  • Easy to set up and maintain for SMB teams.
  • Strong fit for startups prioritizing speed to market.
  • Clean, modern developer experience.

Cons

  • Not ideal for complex B2B invoicing and quoting.
  • Limited support for indirect, affiliate-heavy, or reseller-led sales models. 
  • A more hands-off model with limited post-sale services (e.g., lifecycle optimization).

Pricing

Pay-as-yo-go model (5% + $0.50 per transaction) with custom pricing also available. 

Reviews

G2: ★★★★☆ (4.6/5) · Trustpilot: ★★★★☆ (4.1) 

Paddle is generally reviewed positively for ease of setup, developer-friendly tooling, and straightforward global payments. Across both platforms, customers often mention smooth onboarding and responsive support, with some noting trade-offs around flexibility as billing or compliance needs become more complex. 

Best MoR provider for direct-to-consumer digital products: FastSpring

Overview

FastSpring is often used by companies selling digital products directly to consumers, including some gaming businesses.

Key features

  • Global checkout for digital products and subscriptions.
  • Tax calculation and compliance handling.
  • Support for one-time purchases and recurring billing.
  • Coverage for DTC digital products and lighter SaaS models.

Pros

  • Simple way to sell digital products internationally.
  • Faster time to market for startups and smaller SaaS teams. 
  • Good for checkout flows and subscriptions without heavy configuration.

Cons

  • Less depth for enterprise or B2B SaaS requirements.
  • Fewer advanced lifecycle and renewal optimization tools.
  • Limited flexibility as billing logic, integrations, and renewal workflows grow more complex. 

Pricing

Flat-rate pricing based on transaction type and volume of business. 

Reviews

G2: ★★★★☆ (4.5/5) · Trustpilot: ★★★☆☆ (2.8) 

Reviews for FastSpring commonly reference its ability to support global digital commerce with relatively simple setup. G2 feedback tends to focus on functionality for subscriptions and digital goods, while Trustpilot sentiment is more mixed, often reflecting end-customer experiences with checkout and support.

Best MoR provider for SMBs entering new markets: 2Checkout (Verifone)

Overview

2Checkout (now Verifone) emphasizes automated compliance and payments for SMBs that want a "set it and forget it" approach.

Key features

  • Global payment processing and tax collection.
  • Fraud management and compliance automation.
  • Standardized, low-touch setup for SMBs. 

Pros

  • MoR services backed by legacy payments provider (Verifone). 
  • Broad compliance coverage with minimal configuration. 
  • Suitable for SMBs that want a hands-off MoR approach. 

Cons

  • Less flexible for complex SaaS or B2B billing models.
  • Limited tooling for renewals, expansion, and NRR.
  • Lacking in services and support for ongoing optimization compared to higher-touch providers.

Pricing

Four pricing tiers: pay-as-you-go (two tiers), tailored pricing, and custom pricing (enterprise level). 

Reviews

G2: ★★★★☆ (3.9/5) · Trustpilot: ★★☆☆☆ (1.9) 

On G2, 2Checkout earns steady marks for global payment reach and compliance coverage. Trustpilot reviews are more mixed, with some customers citing challenges around support or refunds.

Best MoR provider for risk-sensitive digital products: PayPro Global

Overview

PayPro Global specializes in supporting globally distributed SMBs selling digital products, particularly in categories with elevated chargeback exposure.

Key features

  • Tax, compliance, and dispute management.
  • Cross-border payment handling. 

Pros

  • Helpful for SMBs operating in risk-sensitive digital categories.
  • Reduces internal burden around compliance and tax handling. 
  • Practical option for teams without in-house expertise for managing chargeback or fraud exposure. 

Cons

  • Less emphasis on subscription analytics and NRR optimization.
  • Limited enterprise-grade customization for complex billing or GTM models.
  • Not designed for sales-assisted or enterprise B2B SaaS workflows.

Pricing

Flat-rate pricing with quoting (based on monthly online sales volume). 

Reviews

G2: ★★★★★ (4.9/5) · Trustpilot: ★★☆☆☆ (2.6) 

PayPro Global shows a notable contrast between platforms: strong satisfaction scores on G2, particularly around handling complex or regulated digital goods, alongside more varied Trustpilot feedback that often reflects end-customer experiences. This divergence underscores the importance of fit, especially for SMBs operating in risk-sensitive digital categories where dispute management and customer communication play a larger role.

Best MoR provider for early-stage creators & indie developers: Lemon Squeezy

Overview

Lemon Squeezy (acquired by Stripe in 2024) is positioned for early-stage creators and indie developers.

Key features

  • Simple storefront and checkout for digital products.
  • Stripe-native workflows and payments infrastructure.
  • Fast onboarding for creators and indie developers.
  • Basic tax and payment handling.

Pros

  • Quick to launch, ideal for startups.
  • Familiar Stripe ecosystem for early-stage teams. 
  • Low operational overhead for simple digital products and lightweight subscriptions.

Cons

  • Not designed for B2B, enterprise, or complex billing.
  • Limited support for advanced subscriptions, invoicing, and renewals.
  • Can become limiting as you scale globally or need more control over checkout, reporting, and integrations.

Pricing

Pay-as-you-go model (5% + $0.50 per transaction). 

Reviews

G2: ★★★★☆ (4.5/5) · Trustpilot: ★☆☆☆☆ (1.3) 

Lemon Squeezy reviews frequently emphasize simplicity, fast setup, and ease of use. Feedback across both G2 and Trustpilot aligns around its strength as a lightweight solution, with clear limitations noted as businesses scale or require more advanced billing workflows. Trustpilot feedback also reflects some end-customer confusion over Lemon Squeezy’s role in the transaction.

Best MoR provider for gaming & virtual goods: Xsolla

Overview

Xsolla is a vertical specialist built specifically for gaming and virtual economies (e.g., microtransactions).

Key features

  • Support for virtual goods, in-game currencies, and platforms.
  • Global payment coverage for player bases worldwide.
  • Gaming-specific fraud and risk handling. 

Pros

  • Deep specialization in gaming monetization.
  • Strong fit for complex virtual economies. 
  • Designed to handle global payments and platform-specific requirements (common in gaming).

Cons

  • Highly vertical-specific. 
  • Not suitable for generic SaaS or B2B subscriptions.
  • Merchant-facing workflows (e.g., invoicing, billing, reporting) are less robust than enterprise SaaS-focused MoRs. 

Pricing

Flat 5% transaction fee. 

Reviews

G2: ★★★★☆ (4.5/5) · Trustpilot: ★★★★☆ (4.0) 

Xsolla receives consistently positive feedback for its gaming-specific capabilities, including support for virtual goods and global player bases. Reviews on both platforms highlight its deep specialization, with sentiment reinforcing that it’s best suited for gaming and virtual economies rather than general SaaS use cases. 

Best MoR provider for DTC physical goods: Global-E

Overview

Global-E is known for enabling cross-border ecommerce for companies & merchants selling both physical and digital goods internationally.

Key features

  • Localized checkout experiences for streamlined global ecommerce.
  • Duties, customs, and landed-cost calculations. 

Pros

  • Reduces the operational burden of expanding ecommerce into new markets.
  • Strong handling of cross-border logistics and compliance.
  • Well suited for marketplace and physical goods complexity.  

Cons

  • Not designed for SaaS-first or subscription-heavy businesses.
  • Limited relevance for B2B invoicing or renewals.
  • Implementation/ongoing management may require more coordination than simpler setups. 

Pricing

Highly customized, based on custom quoting for ecommerce merchants. 

Reviews

 G2: ★★★★★ (4.8) · Trustpilot: ★★★★☆ (4.6) 

Global-E reviews tend to focus on cross-border commerce strengths, particularly around localized checkout and international selling. Feedback across platforms reflects strong adoption in physical goods and marketplace contexts, with less emphasis on subscription or SaaS-style workflows. 

How to choose the right MoR provider

The right MoR depends less on a checklist of features and more on how your business operates today (and where it’s headed next).  
 
MoR providers span a wide range of models, from lightweight platforms designed for speed to enterprise-grade partners built for complexity, compliance, and long-term growth. 

The first question most teams should ask is how complex their road to revenue really is. That includes not just desired scale, but product type (low-AOV vs. high-AOV), sales motion (self-serve vs. sales/partner-led), customer mix (B2B vs. B2C), geographic footprint, and how much internal support exists across finance, legal, and operations. An MoR that works well for a PLG startup can quickly become a constraint for a global B2B SaaS company, or unnecessary overhead for a creator or indie developer.


For some businesses, simplicity is the goal: get to market, cover basic tax and payment requirements, and minimize operational lift. For others, the MoR becomes a strategic layer in the stack: owning tax liability, supporting invoicing and renewals, optimizing payment performance, and providing services that directly impact retention and net revenue.

The key is being honest about which camp you’re in today (and what’s likely to change in the next 12–18 months). If you want a deeper, step-by-step framework for evaluating MoR fit, check out our detailed guide that asks — and answers — all the right questions. 

Common pitfalls when choosing an MoR in 2026

The biggest missteps happen when teams underestimate the work required to scale and overestimate how much hands-on support they’ll get from their MoR. Many providers handle the basics, but don’t include the services needed to navigate edge cases as complexity grows. 

Common pitfalls include:  

  • Choosing based on price alone (ignoring possible hidden fees).
  • Underestimating tax and regulatory complexity.
  • Assuming an automated platform is sufficient without human services and expertise.
  • Ignoring renewals, retention, and NRR impact. 

These pitfalls matter regardless of which provider you choose, because MoR decisions are hard to unwind once you’ve integrated checkout, tax handling, billing, reporting, and support flows into your stack. The wrong MoR fit can create avoidable roadmap friction: more engineering work, slower launches in new markets, and higher downstream risk across compliance and customer experience. 

Bottom Line

There is no single “best” merchant of record. The best choice depends on a company's scale, complexity, and long-term growth goals. 

Enterprise and B2B SaaS companies typically benefit most from MoRs built for compliance, invoicing, renewals, and hybrid go-to-market motions.

SMBs and PLG teams often prioritize speed and simplicity, while creators, gaming companies, and marketplaces may be better served by lighter-weight or specialized solutions aligned to their unique business model. 

Fit matters more than features, and the wrong MoR fit is rarely obvious until it’s already slowing you down.

Need an MoR built for global B2B SaaS complexity?  
 
See how Cleverbridge supports enterprise-grade commerce, compliance, and subscriptions at scale. 
 
Contact us today.