# Merchant of Record

> A merchant of record is the legal entity responsible for processing payments, collecting taxes, and handling chargebacks on customer transactions.

Canonical URL: https://crevio.co/glossary/merchant-of-record

##  What is a Merchant of Record?

A merchant of record (MoR) is the legal entity that processes customer payments and assumes financial liability for each transaction. The MoR manages [payment gateway](/glossary/payment-gateway) contracts, collects and remits sales taxes or VAT, issues invoices, and handles chargebacks or refunds. Many creator platforms act as the merchant of record, letting sellers focus on products while the platform manages compliance and payment operations across regions.