Merchant of Record
A Merchant of Record (MOR) is the entity authorized to process consumer transactions and accept payments on behalf of a business. Partnering with PayByPhone as your MOR can simplify the entire process, maximizing your parking revenue while minimizing the time spent on payment processing and compliance tasks.
The benefits
Consistent revenue planning
Simplified transaction reconciliation
Flexibility in payment methods
Dedicated client support
Streamlined reporting and analytics
Advanced fraud protection
How it works
Customer creates a parking session
The customer uses the PayByPhone app to create and pay for a parking session
Payment processing
The payment is securely processed through PayByPhone’s merchant account
Revenue remittance
PayByPhone collects the full payment and prepares a remittance schedule
Direct deposit
Funds are remitted into your account via direct deposit
Contact us
PayByPhone works with parking operators around the world. We understand the complex pressures and unique challenges, and we can help you simplify things. This form is only for requests related to parking operators needs and driver requests will not be processed. Are you a driver? Please visit our Help Center to chat with our virtual assistant and be put in touch with our customer service.