For those using Merchant of Record solutions: What's the biggest benefit you've seen, and what are the unexpected downsides?

I’m thinking about moving to a MoR setup for our subscription app and seeing mixed opinions online.

While I hear tax compliance is simpler, I’m really interested in what others have experienced using these services.

The biggest win is not having to deal with VAT rates across different countries anymore. This has saved me hours each month.

However, people often overlook that you lose control over customer data and the timing of billing. Additionally, some Merchant of Record services pay you slower than direct payments.

Tax stuff becomes zero effort but those fees add up fast.