1. Nexway compares to Shopify
Merchant of Record capabilities
Nexway is a leading e-commerce and payment platform serving as Merchant of Record for online businesses for over 20 years. We handle the full payment operations from checkout user experience management to payment, tax handling, and currencies, thus enabling you to focus on product development and go-to-market strategies.
Shopify is not a Merchant of Record. This means that Shopify does not process payments on behalf of businesses. Instead, companies using Shopify are responsible for their payment processing and all the relative complexity that this involves.
Kind of business
Shopify is a good choice for small and medium businesses. Deployment is fast and easy to create online stores on your own – Any specific knowledge or specific guidance is required.
Nexway is used to working primarily with established companies in the market. With tailor-made frameworks and methods Nexway guides customers to transform, grow, and scale online business globally. Our solutions allow you to select and combine only the specific needs of your business.