Is Checkout Page a Merchant of Record?
In this help article, we'll cover what is a Merchant of Record and how it works on Checkout Page.
What is a Merchant of Record?
Merchant of Record manages financial transactions related to selling products or services. This includes accepting payments, verifying customer information, processing transactions, handling refunds and chargebacks, and taxes.
Merchant of Record can be a company or an individual (e.g. freelancer or contractor) ensuring that all transactions are secure, compliant with relevant laws and regulations, and processed in a timely and accurate manner.
Is Checkout Page a Merchant of Record?
No, Checkout Page is not a Merchant of Record. We believe your customers should be yours — not those of the platform. We don’t get between you and your payment service provider, which, in this case, is Stripe.
When using Checkout Page, you are the Merchant of Record and you are responsible for collecting and remitting taxes based on your location.