payments en
Merchant of record
payments
Also called: MoR
Plain-language definition
Plain-language definition
The business identified to the payment system as responsible for a customer charge.
Why it matters
This role must match the actual transaction model; a platform is not automatically merchant of record.
Technical detail
The merchant of record contracts for payment acceptance and typically owns payment obligations such as descriptors, refunds, disputes, and applicable compliance.
Examples
- A repair shop appears on the card statement and handles the customer’s refund.
Related terms
Sources and review
Reviewed July 12, 2026 by [email protected]. Next review due January 11, 2027.
- Stripe Connect — Stripe Accessed 7/11/2026
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