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Checkout & Payments

Client Merchant-of-Record

Transact on the brand's own merchant account

Roadmap*(confirm with PM)*

In one sentence

What it is

Client Merchant-of-Record lets a brand transact on its own merchant account rather than the platform's, so the brand keeps direct commercial and regulatory ownership of every payment it takes.

How it works

What it does

Instead of payments flowing through a shared merchant account operated by the platform, transactions settle directly against the brand's own merchant account with their chosen acquirer, while still running through the same checkout, payment methods and fraud and tax handling as everything else on the platform. This is relevant to brands who need direct control of settlement, their own acquirer relationships and rates, or specific regulatory ownership of the payment flow, rather than operating through a shared arrangement. This capability is on the roadmap — it is not yet live, so timing and scope should be confirmed with the owning product manager before it's positioned as available.

The problem it solves

Why it matters

For the brand

Some brands — particularly larger or more regulated ones — need to hold their own merchant-of-record status for reasons of financial control, existing acquirer relationships, or regulatory and audit requirements, rather than settling through a shared merchant arrangement.

For their customers

This is primarily a back-office and commercial arrangement rather than something a shopper experiences directly in the checkout flow, since the goal is that the buying experience stays unchanged regardless of which merchant account settles the transaction.

For shoppers

How it benefits shoppers

  • No visible change to the checkout experience — payment methods, authentication and totals work exactly as they do today.
  • Their statement can show the brand's own name against the transaction rather than a third-party processor.
  • The same fraud and authentication protections apply, regardless of which merchant account settles the order.
  • Consistent experience across markets, since the checkout flow itself is unaffected by the underlying settlement arrangement.

For the brand

How it benefits the brand

  • Direct ownership of settlement and the commercial terms of the merchant account

    Payment processing cost, acquirer relationship control

  • Supports regulatory or audit requirements that require the brand to be merchant of record

    Compliance and audit readiness

  • Preserves the existing checkout, payment method and fraud stack rather than requiring a separate build

    Implementation scope versus a full custom payment build

  • Keeps the option open for brands who outgrow a shared merchant arrangement

    Scalability of the commercial relationship

In practice

What it looks like

  1. 1

    A brand with its own acquirer relationship and regulatory requirements needs to be merchant of record for its transactions.

  2. 2

    The commercial and technical scoping for this is a project run with the owning product manager, since the capability sits on the roadmap rather than in general availability.

  3. 3

    Once scoped and delivered, the checkout would continue to look and behave as it does today for the shopper.

  4. 4

    Settlement would route to the brand's own merchant account rather than a shared one, changing the commercial arrangement rather than the buying experience.

Where it lands hardest

Strong use cases by industry vertical

  • Health & nutrition

    Relevant primarily to larger brands with existing regulatory or acquirer requirements, rather than a category-specific driver.

  • Beauty & personal care

    Relevance is driven by brand scale and existing commercial arrangements rather than anything specific to the category.

  • Food, drink & FMCG

    Relevant where a brand's existing acquirer or regulatory position requires it, rather than a category-driven need.

  • Pet care

    Relevance is driven by brand scale and existing arrangements rather than anything category-specific.

  • Fashion & apparel

    Relevant primarily to larger, established brands with existing merchant relationships they wish to retain.

  • Luxury & premium

    Often the most relevant vertical in practice, since larger luxury groups are more likely to already hold their own acquirer relationships and want to keep them.

Common questions & objections

What clients usually ask

Why the platform version wins

The intent is that a brand moving to its own merchant-of-record status keeps the same shared checkout, payment method breadth, and fraud and tax handling — changing who settles the transaction commercially, not rebuilding the buying experience from scratch.