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DashNex MoR
What is DashNex MoR?
DashNex MoR allows you to accept credit cards, debit cards, Apple Pay, and Google Pay with DashNex as your Merchant of Record (MoR). We handle payment processing, compliance, chargebacks, and payouts so you can focus on growing your business.
One FIAT provider at a time: You can only have one FIAT payment processor enabled — either DashNex MoR or Stripe Standard. You can switch between them at any time from Money → Processing: open the DashNex MoR row to use it, or click Use Stripe instead on the Stripe row.
Merchant of Record vs Payment Service Provider
Understanding the difference between a Merchant of Record (MoR) like DashNex MoR and a Payment Service Provider (PSP) like Stripe is important for choosing the right solution for your business.
Merchant of Record (DashNex MoR)
DashNex is the legal seller of your products. We handle all the complexity.
- ✓ We manage chargebacks and disputes
- ✓ Simplified compliance — no merchant account needed
- ✓ Instant setup with no additional accounts
- − Higher fees per transaction
Payment Service Provider (Stripe Standard)
You are the legal seller and take on full risk. Stripe processes payments on your behalf.
- ✓ Full control over your merchant account
- ✓ Direct relationship with payment processor
- ✓ Lower fees per transaction
- − You handle chargebacks and disputes
When to Use DashNex MoR
DashNex MoR is ideal if you:
- Want to start accepting payments right away — no Stripe account needed
- Don't have a Stripe account yet or are in the process of establishing your company
- Sell to customers in multiple countries
- Value convenience over having the absolute lowest fees
What DashNex Handles
All Major Cards
Accept Visa, Mastercard, American Express, and Discover. Customers can pay with credit or debit cards.
Digital Wallets
Apple Pay and Google Pay are automatically enabled, providing a seamless checkout experience on mobile.
DashNex also takes care of compliance and chargebacks for you.
The DashNex MoR Page
Open Money → Processing and click the DashNex MoR row to open its provider page. It shows:
- DashNex fee — Charged per order and paid from your credits
- Limit per order — The largest single order you can process
- Approved volume — The total volume you can process
- Approved volume used — A progress bar of processed against approved volume
- Currencies — The currencies you accept, with an Add currency button
- Danger zone — Disable DashNex MoR
Fee Structure
DashNex MoR fees consist of two components:
- Base gateway fee — The underlying payment processor fee
- DashNex fee — Credits per order for MoR services
Fee rates are individual per business. Your current rate is displayed on the DashNex MoR page in Money → Processing.
Currency Settings
From the DashNex MoR page, you can select which currencies you want to accept for card payments. Add or remove currencies based on your customer base. USD is enabled by default.
Preferred currencies: USD, EUR, GBP, CAD, and AUD. You can sell in any currency and withdraw to your account in any currency. However, transactions in currencies other than these five will incur a higher gateway fee due to conversion.
Your payout currency is picked when you set up payouts from USD, EUR, GBP, CAD, or AUD, and defaults to the currency of your country.
Processing Limits
Like DashNex Credits, your card processing has limits:
| Limit | Description |
|---|---|
| Limit per order | Maximum amount per single order (in USD) |
| Approved volume | Total processing limit across all orders |
New businesses start at $250 per order and $10,000 of approved volume. DashNex admins raise these limits after review.
Increasing Your Limits
Limits can be increased after review. To qualify:
- Process at least 75% of your current approved volume
- Maintain low refund and chargeback rates
- Follow the Payment processing agreement
Limit increases are reviewed within 48 hours. Contact support if you need your limits increased sooner.
Enabling DashNex MoR
To enable DashNex MoR:
- Navigate to Money → Processing
- Click the DashNex MoR row to open the provider page
- Accept the Payment processing agreement (version and date signed are shown on the Processing page) if you haven't yet
- Click Enable Provider on the provider page
Then open Money → Balances and use Payout settings to add your bank account — see Payouts.
Disabling DashNex MoR
In the Danger zone at the bottom of the DashNex MoR page, click Disable DashNex MoR to stop accepting cards through it.