Products · Compliance
With Talentir as your Merchant of Record, there is only ever one counterparty on the other end: us. We become the counterparty to every one of your payees, and the tax, KYC and anti-money-laundering obligations around them become ours to carry. Your compliance surface shrinks from thousands of payees to one.
The Merchant-of-Record difference
Every payout platform moves money. The difference is who carries the compliance obligations once it has moved. With Talentir as Merchant of Record, we do.
Tax
As Merchant of Record, Talentir is the counterparty on every payout, so the payout-related tax obligations that would otherwise fall on you sit with us. VAT is applied where it is due and a compliant invoice is issued to both sides, keeping the paperwork correct on each end.
Compliance
Because every payout runs through Talentir as Merchant of Record, your only counterparty is one compliant, supervised entity. Talentir is a member of a self-regulatory organization under the Swiss Anti-Money Laundering Act, protects payee data to GDPR standards, and keeps its regulatory relationships current. Whether your counterparty is compliant is a question you only have to ask once, about us.
Your compliant counterparty
AML / CFT
Anti-money-laundering and counter-terrorist-financing obligations around your payees sit with Talentir. As the counterparty to every payout and a Swiss financial intermediary, we carry that responsibility as part of our own regulatory duties. You never have to stand up an AML program to pay a creator.
AML / CFT, our responsibility
One payout or a thousand: every payee paid their way, with a compliant invoice for both sides. Talentir carries the liability and makes payouts profitable.