Best Merchants of Record

What is Merchants of Record?

A Merchant of Record (MoR) is a business or entity that is responsible for processing transactions, managing payment collections, and ensuring compliance with regulations related to payments. They handle the entire payment process, from authorizing charges to managing refunds and chargebacks, and are the legal entity that appears on a customer's payment statement. The MoR assumes liability for the financial and legal obligations of the transaction, including taxes and customer disputes. In many cases, they also manage payment gateways and ensure secure transaction processing. This role is often outsourced by businesses to third-party payment processors to streamline operations and reduce risk. Compare and read user reviews of the best Merchants of Record currently available using the table below. This list is updated regularly.