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Payfac Articles

Browse 1 Gruv blog article tagged Payfac. Compliance, contracts, KYC, and regulatory playbooks for global operators.

Glossary13 min read

What Is a Merchant of Record? How It Shifts Liability for Platforms

A merchant of record is the identified merchant for a customer’s payment transaction. In an outsourced resale model, the provider sells the product to the buyer and takes defined payment and indirect-tax responsibilities. Your platform can still supply the product and retain financial or operational obligations. Map those boundaries before comparing providers.

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