Comparing Merchant of Record (MOR) vs. Agency Model in Travel Payments
Save 0In payments, regardless of the industry, the Merchant of Record (MOR) determines how transactions are processed, who takes responsibility
Save 0In payments, regardless of the industry, the Merchant of Record (MOR) determines how transactions are processed, who takes responsibility
In 2021, Mastercard and Visa processed more than 366 billion card transactions according to Statista, which is an increase of 72 billions from their 2019 pre-pandemic numbers. In terms of volume, Visa and Mastercard reported a payment volume of $11.46 trillion and $6.38 trillion respectively.
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