EDC Podcast Ep25: Matthew Steinbrecher, VP Partnerships at Reach, How the Merchant of Record Model Gives Merchants Access To Local Acquiring in Foreign Markets, And Why That Matters

EDC Podcast Ep25: Matthew Steinbrecher, VP Partnerships at Reach, How the Merchant of Record Model Gives Merchants Access To Local Acquiring in Foreign Markets, And Why That Matters

Martin Koderisch
September 13, 2023

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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This article is part of Leaders in Payments & Fintech, a podcast and newsletter bought to you by EDC. Join me and follow Leaders in Payments & Fintech today on Apple, Spotify, or your favourite podcast app for conversations with today’s global leaders in payments and Fintech.
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