Leaders In Payments and FinTech - The EDC Podcast
Business:Management
Ep25: Matthew Steinbrecher, VP Partnerships at Reach, How the Merchant of Record Model Gives Merchants Access To Local Acquiring in Foreign Markets, And Why That Matters
This week, we meet up with Matthew Steinbrecher, VP Partnerships at Reach. Reach is a Merchant of Record provider which acts as an intermediary between a business and its customers, taking responsibility for the payments process and assuming liability on behalf of that business. This is a great educational episode. Matthew explains what the Merchant of Record model is and how it gives merchants access to local acquiring in foreign markets and the ability to process locally. This eliminates the need to establish expensive local entities, lowering fees, reducing false declines, and outsourcing fraud risks and global tax compliance. Matthew also shares his perspective on the latest trends in the MOR space.
Episode links: https://www.edgardunn.com/theedcpodcast
Martin’s contacts: https://linktr.ee/martinkoderisch
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