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Merchant of Record

We act as the merchant of record for your transactions, so you can focus on product and growth instead of building commerce infrastructure.

  • Full MoR service
  • Global tax compliance
  • Fraud protection

per transaction

3.9%+$0.5

No setup fees, no monthly charges, no surprises. What you see is what you pay.

Example

Pancake Monthly · 1 month

by Waffo

$30
Transaction fee (3.9%)$1.17
Per-transaction fee$0.50
Waffo fee$1.67
Merchant receives$28.33
See how much you actually keep
MONTHLY VOLUME
$10,000
AVG ORDER VALUE
$50
Waffo Pancake
Highest net revenue
3.9% + $0.50 / 笔
YOUR NET REVENUE / to your bank
$9,510.00/month
Stripe
5.6% + $0.30 / 笔
YOUR NET REVENUE / to your bank
$9,380.00/month
-$130.00
Paddle
5% + $0.50 / 笔
YOUR NET REVENUE / to your bank
$9,400.00/month
-$110.00
Lemon Squeezy
5% + $0.50 / 笔
YOUR NET REVENUE / to your bank
$9,400.00/month
-$110.00
Gumroad
10% / 笔
YOUR NET REVENUE / to your bank
$9,000.00/month
-$510.00
COMPARE

Fees shown reflect international subscriptions paid with premium cards — the real cost most platforms don't show you upfront. Click any competitor to see a detailed comparison.

Waffo Pancake3.9%+ $0.50 per txn
Stripe5.6%+ $0.30 per txn
Commercial Cost
Transaction Fee
3.9% + $0.50
2.9% + $0.30
International Cards
+0%
+1.5%
Subscription Surcharge
+0%
+0.7%
Payout Methods
Bank + Alipay
Bank account
Setup Fee
$0
$0
Global cards & wallets (Visa, Mastercard, Apple Pay, Google Pay)
Zero international card surcharge
24-hour payouts
MoR & Compliance
Model
MoR
PSP
Tax Collection
Included
+0.5%
MoR Service
Included
✗ Self-managed
Tax Compliance
Auto-handled
✗ Self-filing
No LLC Required
Product & Operations
Subscription Billing
Built-in
Stripe Billing
Onboard as individual or business
Subscription & billing management

Note: Data as of February 2026. Fees and features may vary. Check each provider's website for the latest information.

FAQ

Frequently Asked Questions

We support Visa, Mastercard, Apple Pay, and Google Pay across 173 countries. As your Merchant of Record, we also handle tax and compliance on every transaction.

No. Our pricing is fully transparent. You pay the transaction fee listed on your plan and the monthly fee (if applicable). There are no setup fees, no cancellation fees, and no hidden charges.

As your Merchant of Record, Waffo Pancake handles all tax collection, compliance, and remittance globally. You don't need to register foreign entities or worry about local tax regulations.

Yes. For businesses processing significant volume, we offer custom pricing with volume-based discounts. Contact our sales team to discuss your needs.

We support 5 pricing currencies (USD, EUR, GBP, JPY, HKD). Your customers pay in their local currency while you receive funds in yours.

Pricing - Waffo | Simple, Transparent Payment Processing Fees