The Mastercard MATCH list creates a formal, industry-wide record of merchant account terminations that acquiring banks check before approving new applications. A merchant whose conventional account was terminated for a qualifying reason is added to the MATCH list along with its principals, and that listing remains active for up to five years. During that period, the merchant cannot secure a conventional high risk merchant account through any acquiring bank that performs a standard MATCH list check, which includes the vast majority of conventional processors. The MATCH list effectively converts a single processor termination into a five-year exclusion from the conventional payment processing market.
A high risk crypto merchant account through 27 Blockchain does not involve a MATCH list check because 27 Blockchain is not an acquiring bank and does not operate within the Mastercard card network infrastructure that the MATCH list governs. A merchant on the MATCH list can be set up with a 27 Blockchain high risk cryptocurrency merchant account on the same timeline and under the same terms as a merchant with no MATCH list history. The five-year exclusion from conventional processing does not extend to the blockchain-based payment infrastructure 27 Blockchain provides. For merchants whose MATCH list placement has closed the door on conventional high risk merchant account options, the 27 Blockchain crypto merchant account is not a temporary workaround while waiting for the MATCH list period to expire. It is a fully functional payment infrastructure that operates independently of the conventional system for as long as the merchant needs it.
