About this episode
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.
Listen to the episode
Episode Links
Linkedin: https://www.linkedin.com/in/matthew-steinbrecher-b9b50a5b/
Website: https://www.withreach.com
Guest Bio
Matthew is a payments professional focusing on cross border ecommerce, foreign exchange and global tax compliance. He has worked in the payment industry for over 8 years, most notably with Reach, where he leads the industry on the merchant of record model and building value driven partnerships.
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Martin Koderisch is a Former Principal in the London office. He has 20 years of experience as adviser and operator within financial technology industry with a focus on payments. He specialises in accelerating digital transformation of client businesses through industry expertise, data analytics, and fintech enablement. His approach seeks to bridge the gap between strategy and execution with hands-on delivery of value creation initiatives to achieve growth, control or operational efficiency outcomes. He previously held senior leadership roles within industry at Mastercard, Citibank and start up Luup Payments covering digital product innovation, operations, and commercial partnership development. He hosted and produced EDC's popular podcast ‘Leaders in Payments and Fintech’ podcast available on major podcast platforms.