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Merchant of record

The seller on the receipt is us.

When a buyer pays on your store, the sale is made by Zonipay on your behalf. We take the payment, issue the receipt, answer refunds and chargebacks, keep the records, and pay the proceeds out to your own connected account every two business days. You keep the product, the stock and the shipping.

Seller of record
Order #10482 · northfieldlabs.com
Seller
Zonipay, on behalf of Northfield Reference Labs
Charged by
Zonipay
Statement
ZONIPAY* NORTHFIELD
Ships from
Northfield Reference Labs
Attestation
Research use only, 21+, recorded
Proceeds
Northfield connected account, paid out every 2 business days

Example order. Card payments are processed by Stripe.

01 The definition

A merchant of record is the business legally responsible for the sale: the one the buyer pays, the one the card networks hold to account.

On most online stores the store itself is the merchant. It holds a merchant account, its name is on the card statement, and every refund, chargeback and compliance question lands on its desk.

With Zonipay that role moves to us. Each transaction runs under our merchant relationship, with your store named alongside ours so the buyer always knows who they bought from. We screen you before the first sale, we watch the storefront after it, and we answer for the payment from start to finish.

The trade is simple. You get a checkout that works for a category most providers will not touch. We get the right to set rules for what can be sold and how, and to check that they are followed.

Longer read: what a merchant of record does

02 Who answers for what

Three parties, clear lines.

Every order involves your customer, Zonipay and you. This is who carries each part of it.

Responsibility
Buyer
Zonipay
You
The sale
Seller of recordNamed on the receipt and statement
·
Taking the paymentCards and wallets, 3-D Secure
·
·
Research-use attestationConfirmed at checkout, stored with the order
·
Receipts and transaction records
·
·
The product
Sourcing, testing and labelingCertificates of analysis per product
·
·
Storefront contentKept inside research-use rules
·
Shipping and tracking
·
·
After the sale
Refunds to the card
·
ChargebacksYou supply evidence, we respond
·
Screening merchants and buyers
·
·
Payout of the proceeds
·
Responsible Involved (named, monitors, supplies evidence or receives)
03 Flow of funds

Where the money goes, and when.

The buyer pays Zonipay as merchant of record. We deduct our fee and the reserve, then transfer the rest to your own connected payout account, opened in your business's name, which pays out to your bank automatically every two business days. Card payments are processed by Stripe.

At checkout

Authorization

The buyer's bank approves the charge, with 3-D Secure where the issuer asks for it. The attestation is saved with the order.

On capture

Recorded to you

The order amount, our fee and the reserve appear as separate lines in your reporting.

If needed

Adjustments

Refunds and disputes are recorded against the same order, so every balance can be traced.

Every 2 business days

Payout

The net amount is paid out from your connected account to your bank, automatically. A payout.paid webhook confirms it.

Fees and the rolling reserve, set according to your volume, are agreed at review and written into your merchant agreement before you sign. Payouts run every two business days. How payouts work

04 What the buyer sees

Two names, no surprises.

A buyer who does not recognize a charge is a buyer who files a dispute. So both names travel together: ours as the seller of record, yours as the store they chose.

  • The receipt comes from Zonipay and names your store, its contact details and the attestation they gave.
  • The card statement reads ZONIPAY* STORENAME, with your store name after the asterisk.
  • Our buyer help page explains the charge and routes questions about an order to you, and questions about a payment to us.
receipts@zonipay.comReceipt

$105.00 paid

Northfield Reference Labs · Order #10482

Reference peptide, 5 mg vial × 2$96.00
Tracked shipping$9.00
Total$105.00
Sold by Zonipay on behalf of Northfield Reference Labs. You confirmed this purchase is for laboratory research use only, not for human or animal use, and that you are 21 or older.
Card statementNov
NOV 02CITY PARKING 041812.00
NOV 03ZONIPAY* NORTHFIELD105.00
NOV 04OFFICE SUPPLY CO38.40
DescriptorZONIPAY* STORENAMEYour store name is fitted to the space the card networks allow.
05 Refunds

A minimum standard every buyer can count on.

As merchant of record we set a floor for refunds across every store. You may offer more. You may not offer less.

Covered
Wrong, damaged or undelivered items are refunded or replaced.
Window
Requests within 30 days of delivery.
Not returnable
Opened or reconstituted materials.
Where it goes
Back to the original payment method, usually visible in 5 to 10 business days.

Full text: refund policy.

06 Disputes

Chargebacks come to us. You bring the evidence.

  1. Card network → Zonipay

    Dispute received

    The issuer opens a chargeback against Zonipay as the seller of record. You get a dispute.opened webhook and an email.

  2. You, within 5 business days

    Evidence supplied

    Tracking, proof of delivery and anything else relevant to the order, uploaded from your dashboard.

  3. Zonipay

    Response filed

    We assemble the case and attach the buyer's attestation record from checkout, then submit it to the network.

  4. Card network

    Decision

    The outcome is recorded against the order and in your reporting. A dispute.closed webhook follows.

Questions about a case: disputes@zonipay.com. Process in full: dispute policy.

07 Compared

Merchant of record, gateway, or your own account.

Three ways to take card payments online. They differ in who holds the merchant relationship, and so in who carries the work and the risk.

Zonipay (merchant of record)Payment gatewayYour own merchant account
Seller of recordZonipay, on behalf of your storeYour businessYour business
Merchant relationshipHeld by ZonipayUsually yours, through an acquirer the gateway connects toYours, directly with an acquiring bank
UnderwritingOur review of your business and storefrontThe acquirer's review of your businessThe bank's review of your business
ChargebacksWe respond; you supply evidenceYou respondYou respond
Receipts and recordsIssued and kept by ZonipayYour responsibilityYour responsibility
Storefront monitoringScan before the first sale and every 8 hoursVariesVaries, often at onboarding only
Card statementZONIPAY* STORENAMEYour descriptorYour descriptor
What you integrateWooCommerce plugin or API, hosted checkout on your subdomainGateway API, plus the acquirer accountA gateway, plus the account itself

General comparison. Terms with any specific gateway or bank vary.

08 Questions

About the model.

Something we did not cover: ask us.

Do I still need my own merchant account?

No. Payments run under Zonipay's merchant relationship. During onboarding we open a connected payout account in your business's name and link your bank account; net proceeds are paid out there automatically.

Is my business still the one my customers deal with?

Yes for everything about the product: questions, shipping and support. Your store name appears on the receipt and the card statement. We handle questions about the payment itself.

Why do you scan my storefront?

Because as merchant of record we answer for every sale processed through your store. The scan checks that the catalog sits behind a login, that products are presented for research use only, and that nothing on the site makes claims we cannot accept. See compliance.

Who pays for a chargeback I lose?

The disputed amount and any related fee are recorded against your account, as set out in your merchant agreement. Good evidence sent on time is the best way to avoid it.

Who is responsible for sales tax?

You are. Sales tax, VAT and similar taxes on your sales, including registration and filing where they apply, remain your responsibility. Zonipay issues the receipt and gives you order-level reporting and monthly statements for your accountant.

Can I leave?

Yes. Notice periods and how any reserve is released when an account closes are written into your merchant agreement before you sign.

09 Apply

Let us carry the payment.

Apply in about ten minutes. Most complete applications get an answer within a few business days.