Merchants who are currently enrolled in a chargeback monitoring program do not need to wait for program exit or account termination before deploying a cryptocurrency payment gateway through 27 Blockchain. The two can operate simultaneously, with the crypto gateway handling new transactions while the conventional merchant account continues to process card payments during the monitoring period. New transactions processed through the 27 Blockchain gateway do not contribute to the chargeback ratio being monitored by the card network, because those transactions run on the blockchain rather than through the card network. The monitored ratio is calculated based on card transactions only.
Deploying a cryptocurrency payment gateway during a monitoring program period serves two purposes. First, it begins building a payment acceptance channel that will remain functional after the monitoring period ends, regardless of whether the conventional account survives the program. Second, as the proportion of the merchant's total transaction volume that runs through the crypto gateway increases, the volume of card transactions generating chargebacks decreases, which can help the merchant reduce its monitored chargeback ratio during the program period. 27 Blockchain works with high chargeback merchants at all stages of the conventional processor relationship, including those who are actively in monitoring programs and who want to deploy a crypto payment solution before the monitoring period forces a termination decision.
