What is a merchant of record?
A Merchant of Record (MoR) is the legal entity responsible for selling goods or services to end customers. This role includes processing all payments and assuming the associated liabilities, such as collecting sales tax, ensuring Payment Card Industry (PCI) compliance, and handling refunds and chargebacks.
Why IDEAL GROUP?
The IDEAL GROUP makes it easy for you to succeed in e-commerce. Our Merchant of Record Service takes care of the entire e-commerce process for you. Yes, you heard right—the entire process! Here’s what we do for you:
- Shop creation: We build your online shop from scratch.
- Marketplace listing: We list your products on the desired marketplaces.
- Payment processing: We take care of all payments and transfer the income to you.
- Marketing: We ensure that your products get the attention they deserve.
- Customer service: We are the first point of contact for your customers if they have any questions or problems.
- Packaging and shipping: We take care of the storage, packaging, and shipping of your products.
- Returns processing: We take care of returns and refunds.
- Reporting: You receive comprehensive reports on your sales and finances—everything is transparent and traceable at all times.
All you have to do is deliver the goods to our yard. We’ll take care of the rest!
The advantages at a glance
- Easy scalability: Expand into new markets effortlessly without having to worry about local payment and tax requirements.
- Time and cost savings: Focus on your core business while we take care of the rest.
- Reduced risk: Minimize the risk of payment fraud and legal issues with our comprehensive compliance and security measures.
- Transparency: Keep track of your revenue and finances at all times.
Get in touch with us
Why struggle with the complicated details of e-commerce when there is an easier way? Contact IDEAL GROUP and benefit from our 30 years of experience today. Let us work together to achieve your e-commerce goals. We look forward to hearing from you!
