Acquiring
Marketplace
Two-sided platform aggregating third-party sellers; scheme rules treat marketplaces as merchants of record with distinct dispute and settlement obligations.
Related terms
Payment Facilitator
Master merchant onboarding sub-merchants under a single MID with sponsorship from a full acquirer; regulated boarding, transaction, and monitoring rules apply.
Seller of record
The legal entity contracting with the buyer, holding chargeback and tax liability; central to marketplace, SaaS, and cross-border set-ups.
Know Your Business
Onboarding due diligence on a legal entity: incorporation, licences, UBOs, sanctions, and business model, mandated for acquirers under AML rules.
Related guides.
Apply with Cardflo
Ready to improve your payments setup?
Tell us about your business. We'll match you with the right acquiring partners and the right route, typically inside a week.