Platform
Merchant of Record — without giving up your business.
Get compliance cover and speed while keeping customer data and tokens portable.
What is Merchant of Record? A Merchant of Record is the legal entity that sells to the customer and takes responsibility for the transaction.
What does a Merchant of Record do?
A Merchant of Record acts as the transaction’s entity of record and can handle sales-tax or VAT remittance, compliance liability, and chargeback administration. It can simplify launching where a merchant needs operational coverage.
- •It can suit international sales, digital goods, merchants without a local entity, or businesses that need to launch promptly.
What are the honest trade-offs?
Speed and operational cover come with a trade-off: the Merchant of Record is legally the merchant on the transaction and may control the customer relationship and payment credentials. Merchants should understand portability before choosing this model.
- •The model should be chosen for the business need, not treated as a permanent lock-in.
How is PayFull’s approach different?
PayFull’s version is designed so Token Vault and customer data stay yours, allowing a later migration to your own MIDs without requiring every customer to re-onboard. Configuration and availability remain subject to the applicable review.
- •Token ownership is central to an exit path that preserves customer continuity.
Common questions
How do I discuss this with PayFull?
Start with your business model, customer journey, existing payment stack, and underwriting context. PayFull can then discuss an appropriate configuration; availability depends on review and applicable providers.
Start accepting payments the way your business actually sells.
Set up in days, not months. White-glove onboarding included on every plan.
Talk to us before you commit to anything.