Enterprise Merchant of Record, Without the Tradeoffs
Legacy MOR Providers
Provider typically owns or controls checkout
Limited visibility into customer and transaction data
Provider often acts as the payment processor
Closed, black box system
Brands willing to trade control for simplicity
Provider often replaces or controls your storefront experience
Passport Merchant of Record
You keep your checkout and customer experience
Full access to your customer + transaction data
You keep your payment processor
Optimized global transactions without a closed payment stack
Enterprise brands optimizing economics while staying in control
You keep your storefront — Passport does not take over your store
Lower Your CostPer Order
International revenue shouldn’t come with hidden costs.
FX markups, cross-border payment penalties, and extra transaction fees can quietly reduce your contribution margin on every order. Passport Merchant of Record is built to lower those costs while you stay in control of your business.
Local Payment Processing
International transactions can cost 1–2% more due to cross-border fees and FX conversions. With Passport as your Merchant of Record, your payments are processed locally to reduce those unnecessary costs.
Eliminate Currency Conversion Fees
When Passport is your Merchant of Record, customers pay in their local currency and funds are settled to you in local currencies, so you avoid unnecessary currency conversions and protect margin.
Why Choose Passport asYour Merchant of Record
Lower International Transaction Costs
Passport Merchant of Record lowers international transaction costs by processing payments locally, eliminating unnecessary FX conversions, and avoiding international transaction fees to protect your margins.
Global Tax Compliance Coverage
Passport manages tax collection, remittance, and reporting across regions and channels to reduce your internal workload and compliance risk.
You Stay in Full Control
Keep your storefront, checkout, customer relationship, and data. Passport optimizes transactions and compliance without taking over your business.
Passport is the Carrier
Your cross-border shipments are delivered via Passport’s proprietary network, with accurate tracking, post-purchase support and flexibility to avoid disruptions.
How Merchantof Record Works
Preparing Your Store
Customers Purchase
You Receive Funds
The Results
— Kasper Kubica | CEO, Carpe
Frequently Asked Questions
A Merchant of Record (MOR) is the legal entity responsible for processing payments and managing tax compliance. With Passport MOR, we manage global transactions and compliance while you retain control of your storefront, data, and customer experience.
Most MOR providers take over your checkout and customer relationship. Passport does not. You keep your storefront, your checkout, and your customer data—we optimize the transaction and compliance layer behind the scenes.
Passport helps lower foreign exchange (FX) exposure through local currency settlement, reduce international processing and interchange fees, and minimize local transaction costs in high-volume markets—improving unit economics at scale.
Seller of Record (SOR®) is ideal for growth-stage expansion and simplified compliance. Merchant of Record is better suited for enterprise brands focused on transaction cost optimization, marketplace selling, and margin improvement at scale. Passport offers both and helps you determine the right fit.
It depends on your international GMV, margin goals, sales channels, and compliance needs. Passport evaluates your business and recommends MOR, SOR®, or a hybrid approach based on your strategy.
Yes. Passport can act as your Merchant of Record in some markets and your Seller of Record in others. However, Passport doesn’t act as both your MOR and SOR in the same market at the same time because both models separately provide the tax compliance you need.
No. You retain ownership of your storefront, customer relationship, and performance data.
Many marketplaces like Amazon and TikTok Shop operate under a Merchant of Record structure. Passport enables compliant marketplace selling while optimizing transaction costs.
Passport supports local currency settlement to reduce unnecessary FX conversions and simplify reconciliation for finance teams.