Scale Your Business Globally Without Risk
Offload the heavy lifting of your payment and financial transactions to us – we’ll take care of payment processing, plus back-office operations including reconciliation, refunds, chargebacks, tax/VAT handling, invoicing, and more.
Outsource Back-Office Operations and Accelerate Time to Market
Global Tax Management & Compliance
We actually do more for you than handle your sales tax, VAT management, and remittance. We help take the complexity out of doing business in today’s global market.
Because sales tax is complicated, we take the extra measures to make sure you benefit from a seamless and fully compliant international buying and selling experience. We track European VAT rates, for countries within or outside of the European Union; manage your U.S. sales tax; help you comply with regulations in APAC or MEA, and automatically calculate and remit your taxes. On top of these features, we will stay up to date on worldwide sales tax changes – the responsibility is in our court. Let us deal with the thousands of rules, regulations, and complicated updates!
Choose the Business Models that Work Best
MOR
Merchant of Record
OK1Dollar maintains merchant accounts, giving you the ability to act locally in 200+ markets without the expense or trouble of maintaining a local entity. Remember that the price tag for that can be significant; why pay it yourself as well? Let us handle the complexities of international taxes, take care of fraud monitoring, invoicing, and global compliance.
PSP
Payments Service Provider
Do you want us to handle only payments processing, while your team takes care of tax management and compliance in the markets where you already know the ins-and-outs of all regulations? That's also possible. Just select the PSP model and you're ready to go.
Hybrid
MoR and PSP Combination
The OK1Dollar platform is flexible enough to let you choose your preferred business model - Merchant of Record or Payment Service Provider - by market or region.
Managing Refunds and Chargebacks So
Your Team Doesn’t Have To
OK1Dollar offers comprehensive refund management services. We’ll also help you reduce chargebacks and protect your good standing with credit card companies. We’ll aggressively fight each claim and provide you with best practices and tactics for prevention. When you win these claims, our team will handle everything from the disbursement of repayments to the updating of sales records.