MoR
Business & Finance abbreviation · E-commerce & Retail
| Stands for | Merchant of record |
|---|---|
| Categories | Business & Finance |
MoR stands for Merchant of record, an e-commerce & retail abbreviation.
Legal entity that sells a product to the customer, appears on the card statement and takes responsibility for collecting and remitting sales tax or VAT, handling refunds and chargebacks, and complying with payment rules.
Example: Using a MoR service means it, not our startup, handles VAT in 40 countries.
Usage notes
App stores act as merchant of record for app purchases, which is one reason they charge commission. Specialized MoR platforms such as Paddle and FastSpring are popular with software sellers.