Setting up Crypto MoR/Payment Processing

Hello,

I'd really appreciate input from fellow Gold Group members.

I run a SaaS company and we currently use Paddle as our Merchant of Record for all PayPal, Card and Bank Transfer payments which has been working great and we've managed to negotiate pricing a bit lower than 5% so we're happy with it.

However, for crypto payments we currently have an agreement with another company which acts as our MoR/Reseller and is currently charging us around 8%, we realized that we're spending quite a bit of money for this.

So now we have two options:
1) Should we setup our own Coingate/other payment processor account for our main company and collect payments there(and then remit VAT in the appropriate countries).
This seems like the easiest option but also has a few downsides:
- Our current bank accounts aren't super crypto friendly - Wise, Revolut and a local eastern-european bank
- We might have issues if we didn't collect VAT in some non-EU country? Or its not a concern unless we are doing 5 figures a year in that country?
- It will complicate our main company's accounting since we currently mostly work with Paddle and that Crypto MOR and have less than 20 invoices per month

2) Should we setup a USA LLC for example and use that as our payment agent?
Downsides here:
- We'd need to get bank accounts for a brand new entity dealing with payments in crypto(which would be converted to Fiat first of course)
- Company wouldn't have substanance in that country - USA/HK/or whatever we pick.

We have around 1500-1900 crypto transactions a month, with a total average revenue of about 140 000 USD.

Hello,

Yes, the 8% tx fee I mentioned above includes a merchant of record setup simmilar to what Paddle/LemonSqueezy/2Checkout offer where they take care of sales tax remmitance/invoicing etc. The company acting as our reseller also uses coingate in the backend.

Another question I have is, have you had issues receiving fiat from the crypto payment gateways to Wise/Revolut?

Yeah that makes sense, people's experiences vary. I wonder whats a solid bank/EMI which is 100% okay with transfers from Coingate/other crypto payment gateways.