State of Industry
State of Merchant of Record in Africa 2026
What it costs to move money across Africa: approval rates, FX exposure, settlement delays and compliance, from 12 months of data across 200+ merchants.
2026
Download report ↓
96.85%
Average approval rate via local MoR routing
14 days
To first transaction in a new market
What’s inside this report
Merchant of Record is reshaping digital commerce across Africa. This research examines the operational, regulatory, and payment dynamics that help international businesses improve local conversion while reducing the burden of market-by-market compliance.
Who this is for
Expansion leaders assessing African market entry strategies
Finance, tax, and payment teams building resilient regional operations
📥 Get the full report
Fill out this form and we’ll send the report straight to your work email.
