MasterCard Match List

 


The MasterCard Match list is a list that is developed by Mastercard to inform the credit card processor companies about the terminated merchant file. The match list gives information about the terminated merchants who are on the list due to the activity and the reason which brings them to the match list. The reason is actually fraudulent and illegal activities that bring the merchants into the list each reason has a separate code that is why the merchants are in the list. The merchants not aware that they are in terminated file list they will know about that when they will apply for a new merchant account. If you are the merchant who is not on the list then it is good but doesn’t do the activity that can bring you on the list because once you are getting into the list then the procedure to get off from the list is not easy it requires a lot of efforts to get off your name from the list. To prevent yourself from the list you should not do any activity which is present in the code of the match list. The 14-code of Match list is

∙         01 Account Data Compromise 

∙         02 Common Point of Purchase

∙         03 Laundering

∙         04 Excessive Chargebacks

∙         05 Excessive Fraud

∙         06 Unused

∙         07 Fraud Conviction

∙         08 Mastercard Questionable Merchant Audit Program

∙         09 Bankruptcy/Liquidation/Insolvency

∙         10 Violation of Standards

∙         11 Merchant Collusion

∙         12 PCI-DSS Non-compliance

∙         13 Illegal Transactions

∙         14 Identity Theft

If you add in the list mistakenly then by giving proofs and evidence you can get off your name from the list but If you are the merchant who is in the list because of the reason code in the list then you will have to wait for 5 years to get off from the list. What can you do now for taking your payments? There are some alternative methods through which you can get your payments.

∙         ACH and Echecks

∙         Wallet Apps

ACH and Echecks

The checks can be used as an alternative for you if you are terminated merchant or merchant at match list. You can take your payments through ACH If you are on the list because of chargebacks and you can also receive your payments through cheques payments because there are separate rules for credit cards.  

 Wallet Apps

You can use modern and advanced methods to receive your payments such as wallet apps Google Pay, Squares Cash Apps, Apple Pay, and P2P payments are some examples of wallet apps. This is the easiest way to receive your payments because with a single click you can receive your payments.

For more How to Get Off Match List

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