MRNMarket Seller Verification Policy

Effective Date: 27 February 2026

Last Updated: 27 February 2026

Issued by: MRN Global Market LLC, doing business as MRNMarket

Website: https://www.mrnmarket.com

Address: 1001 S Main St, STE 500, Kalispell, MT 59901-1498, United States

Support Contact: support@mrnmarket.com

Legal Contact: legal@mrnmarket.com

1. Purpose of This Policy

This Seller Verification Policy explains how MRNMarket may review, verify, approve, monitor, limit, suspend, or reject Sellers who apply to sell or continue selling Products or Services through the Platform.

This Policy is intended to support:

1. marketplace integrity;
2. Buyer safety;
3. Seller accountability;
4. fraud prevention;
5. product compliance;
6. payment and payout review;
7. tax compliance;
8. sanctions screening;
9. AML and compliance review;
10. dispute reduction;
11. and lawful marketplace operations.

Seller verification does not guarantee Seller performance, Product quality, delivery success, legal compliance, transaction outcome, payment success, payout success, or absence of fraud.

2. Scope of This Policy

This Policy applies to:

1. individuals applying to sell;
2. businesses applying to sell;
3. approved Sellers;
4. Seller representatives;
5. beneficial owners;
6. store owners;
7. brands;
8. resellers;
9. suppliers;
10. service providers offering Services through the Platform;
11. and any User acting as a Seller.

MRNMarket may apply this Policy before Seller approval, during Seller onboarding, before Listing approval, before payout, during dispute review, during compliance review, or at any time during a Seller’s use of the Platform.

3. MRNMarket’s Marketplace Role

MRNMarket operates primarily as a marketplace technology platform.

Unless a Product or Service is clearly identified as sold by MRNMarket Official Store, MRNMarket is generally not the Seller, manufacturer, supplier, carrier, delivery company, importer of record, exporter of record, customs broker, Merchant of Record, bank, money transmitter, licensed escrow provider, payment processor, financial institution, tax adviser, legal adviser, or party to the underlying sale contract between Buyer and Seller.

Seller verification is a platform-level risk and compliance process. It does not make MRNMarket responsible for Seller Products, Seller conduct, Seller warranties, Seller fulfillment, Product compliance, tax obligations, delivery performance, payment processor outcomes, or user-to-user transaction outcomes, except where required by applicable law.

4. When Verification May Be Required

MRNMarket may require Seller verification:

1. before Seller account approval;
2. during Seller onboarding;
3. before Listing approval;
4. before accepting Orders;
5. before payout eligibility;
6. before payout release;
7. after changes to account information;
8. after changes to business ownership;
9. after changes to payout information;
10. after changes to Product categories;
11. when selling restricted Products;
12. when transaction volume increases;
13. when high-value Transactions occur;
14. when disputes, refunds, or chargebacks increase;
15. when Seller performance concerns arise;
16. when fraud, sanctions, AML, or compliance concerns arise;
17. when Payment Processor rules require review;
18. when legal requirements apply;
19. or whenever MRNMarket determines verification or re-verification is appropriate.

5. Information MRNMarket May Request

MRNMarket may request information and documents from Sellers, including:

1. legal name;
2. business name;
3. trade name or DBA;
4. contact information;
5. phone number;
6. email address;
7. physical address;
8. business address;
9. government identification;
10. proof of address;
11. business registration documents;
12. tax identification number;
13. tax forms;
14. ownership information;
15. beneficial ownership information;
16. representative information;
17. proof of authority to act for a business;
18. bank or payout information;
19. payment account information;
20. website or store information;
21. business description;
22. product categories;
23. supplier information;
24. invoices;
25. proof of inventory;
26. product compliance documents;
27. safety certifications;
28. licenses or permits;
29. insurance documents;
30. import/export documents;
31. sanctions screening information;
32. fraud review information;
33. source of goods information;
34. and any other information reasonably required by MRNMarket, Payment Processors, or applicable law.

Sellers must provide accurate, complete, current, and truthful information.

6. Individual Seller Verification

For individual Sellers, MRNMarket may request or review:

1. full legal name;
2. date of birth;
3. residential address;
4. government identification;
5. selfie, photo, or liveness check where permitted;
6. proof of address;
7. phone number;
8. email address;
9. tax information;
10. payment or payout information;
11. sanctions screening results;
12. fraud review information;
13. account history;
14. and other information needed for verification or risk review.

7. Business Seller Verification

For business Sellers, MRNMarket may request or review:

1. legal business name;
2. trade name or DBA;
3. business registration documents;
4. business address;
5. tax identification number;
6. business license or permit;
7. ownership structure;
8. beneficial owners;
9. directors, officers, managers, or representatives;
10. proof of authority;
11. website or store profile;
12. product or service categories;
13. supplier information;
14. inventory information;
15. invoices;
16. insurance documents;
17. bank or payout information;
18. sanctions screening results;
19. fraud review information;
20. and other compliance documents.

8. Beneficial Ownership and Control

MRNMarket may request information about beneficial owners, controlling persons, directors, managers, officers, representatives, or other persons with ownership, control, or authority over a Seller account or business.

Beneficial ownership review may be used to:

1. verify business identity;
2. confirm authority;
3. detect shell entities;
4. prevent fraud;
5. support sanctions screening;
6. support AML review;
7. comply with Payment Processor requirements;
8. comply with applicable law;
9. evaluate risk;
10. and protect the Platform.

Failure to disclose beneficial ownership or control information may result in verification denial, account restriction, payout hold, suspension, termination, or other Enforcement Action.

9. Product and Category Verification

MRNMarket may require additional verification for certain Product or Service categories.

Additional verification may include:

1. product compliance documents;
2. testing certificates;
3. safety certificates;
4. licenses;
5. permits;
6. invoices;
7. supplier authorizations;
8. brand authorization;
9. proof of authenticity;
10. age-restriction controls;
11. hazardous material documentation;
12. import/export documentation;
13. customs documentation;
14. insurance documents;
15. or other category-specific documents.

Restricted Products may not be listed or sold unless all applicable legal, licensing, documentation, safety, category approval, shipping, customs, and MRNMarket requirements are satisfied.

10. Payment and Payout Verification

MRNMarket or Payment Processors may require Sellers to verify payment or payout information before payments, payouts, settlements, or related amounts become eligible for release.

Payment and payout verification may include:

1. bank account details;
2. payout account information;
3. payment processor account information;
4. tax documentation;
5. account ownership confirmation;
6. identity or business verification;
7. fraud review;
8. sanctions screening;
9. AML review;
10. Payment Processor requirements;
11. and other payment-related review.

Payout eligibility does not guarantee payout timing, payout amount, payout method, or payout success.

11. Tax Verification

Sellers may be required to provide tax information, tax forms, tax identification numbers, invoices, records, or other tax-related information.

Sellers are responsible for their own tax obligations, reporting, filings, duties, customs charges, sales tax, VAT/GST where applicable, income tax, and other taxes.

MRNMarket does not provide tax, accounting, customs, legal, or financial advice.

Failure to provide required tax information may result in payout holds, account restrictions, withholding where applicable, reporting where required, or other actions permitted by law and policy.

12. Sanctions, AML, and Fraud Review

MRNMarket may screen Sellers, beneficial owners, representatives, counterparties, payout information, Transactions, Listings, and related activity for sanctions, AML, fraud, corruption, tax evasion, money laundering, terrorist financing, restricted-party, export control, or other compliance risk.

MRNMarket may restrict, suspend, reject, terminate, delay payouts, cancel Orders, remove Listings, or report activity if sanctions, AML, fraud, or compliance concerns arise.

Sellers must not use the Platform to evade sanctions, hide identity, conceal beneficial ownership, launder funds, finance terrorism, commit fraud, sell illegal goods, or engage in prohibited activity.

13. Ongoing Monitoring and Re-Verification

Seller verification may continue after approval.

MRNMarket may monitor and re-verify Sellers based on:

1. Account activity;
2. Seller performance;
3. Listing activity;
4. Product category changes;
5. ownership changes;
6. payout changes;
7. tax information changes;
8. Transaction volume;
9. refund rate;
10. return rate;
11. chargeback rate;
12. dispute history;
13. Buyer complaints;
14. fraud indicators;
15. sanctions or AML risk;
16. Payment Processor requirements;
17. legal requirements;
18. or other marketplace risk.

Sellers must promptly update account, business, ownership, tax, payout, and contact information when it changes.

14. Verification Outcomes

MRNMarket may, based on verification or risk review:

1. approve Seller access;
2. conditionally approve Seller access;
3. request more information;
4. limit Product categories;
5. restrict Listings;
6. limit transaction volume;
7. apply payout review;
8. delay payouts;
9. apply reserves;
10. restrict account features;
11. reject Seller application;
12. suspend Seller account;
13. terminate Seller account;
14. report activity where permitted or required;
15. or take other Enforcement Actions permitted by policy and law.

Approval does not guarantee continued access.

15. Incomplete, False, or Misleading Information

Sellers must not provide false, incomplete, outdated, altered, forged, misleading, stolen, or fraudulent information or documents.

If MRNMarket determines or suspects that information is inaccurate, incomplete, unverifiable, suspicious, fraudulent, or misleading, MRNMarket may:

1. deny verification;
2. request additional information;
3. remove Listings;
4. delay or hold payouts;
5. restrict Account access;
6. suspend or terminate the Account;
7. cancel Orders;
8. reverse commissions or payouts where permitted;
9. preserve records;
10. report activity where permitted or required;
11. or take other Enforcement Actions.

16. Verification and Payout Holds

Verification issues may result in payment review, payout hold, reserve, delay, restriction, offset, reversal, or release review.

Reasons may include:

1. incomplete verification;
2. outdated information;
3. failed identity check;
4. failed business verification;
5. undisclosed beneficial ownership;
6. tax documentation issues;
7. payout account mismatch;
8. sanctions risk;
9. AML risk;
10. fraud risk;
11. suspicious activity;
12. linked account risk;
13. Payment Processor requirements;
14. legal requirements;
15. or platform risk management.

Payment Review and Release or Payment Holds do not mean MRNMarket acts as a bank, money transmitter, licensed escrow provider, payment processor, financial institution, custodian of funds, or financial adviser.

17. Privacy and Data Protection

MRNMarket may collect, use, store, share, and process Seller Personal Data and business information for verification, KYC, KYB, AML, sanctions screening, fraud prevention, payment review, payout review, tax compliance, legal compliance, dispute support, and platform enforcement.

Information may be shared with Payment Processors, banks, card networks, digital wallets, verification providers, fraud prevention providers, compliance providers, tax providers, service providers, regulators, law enforcement, or other parties where permitted or required by law.

For more information, review the MRNMarket Privacy Policy and Cookie & Tracking Policy.

18. No Guarantee

Seller verification does not guarantee:

1. Seller performance;
2. Product quality;
3. Product authenticity;
4. legal compliance;
5. delivery success;
6. transaction outcome;
7. payment success;
8. payout success;
9. absence of fraud;
10. Buyer satisfaction;
11. Listing approval;
12. continued access;
13. or detection of all risk or violations.

MRNMarket does not guarantee that all fraudulent, unlawful, unsafe, or non-compliant Sellers will be detected, prevented, removed, or blocked.

19. Relationship With Other Policies

This Policy should be read together with:

1. Terms & Conditions;
2. Seller Agreement;
3. Listing Policy;
4. Prohibited Products Policy;
5. KYC & AML Policy;
6. Payment & Payout Policy;
7. Payment Review and Release Policy;
8. Seller Performance Standards;
9. Seller Privacy / Buyer Data Handling Policy;
10. Acceptable Use Policy;
11. Platform Rules & Governance Policy;
12. Privacy Policy;
13. Definitions Policy; and
14. other applicable MRNMarket policies.

If this Policy conflicts with the Terms & Conditions or another controlling MRNMarket policy, the controlling policy will apply, subject to rights that cannot be waived under applicable law.

20. Changes to This Policy

MRNMarket may update this Seller Verification Policy from time to time to reflect changes in the Platform, applicable law, Payment Processor requirements, marketplace practices, Seller programs, risk controls, operational needs, or other policies.

Updated versions will be published on the Platform with a revised effective date or last updated date.

Continued use of the Platform after updates are published means the Seller acknowledges the updated Policy.

Where required by law, MRNMarket may provide additional notice or request consent for material changes.

21. Contact Information

For questions about this Seller Verification Policy, contact:

MRN Global Market LLC

1001 S Main St, STE 500

Kalispell, MT 59901-1498

United States

Website: https://www.mrnmarket.com

Support Contact: support@mrnmarket.com

Legal Contact: legal@mrnmarket.com