The timeline for restoring payment processing after a merchant account termination depends on which path the merchant pursues. Pursuing a new conventional merchant account requires finding a processor willing to underwrite a merchant with a termination history, completing the underwriting process, negotiating account terms, and completing platform integration before the first transaction can be processed. For merchants whose termination has resulted in a MATCH list placement, this path may be closed entirely through conventional channels. For merchants without a MATCH placement, the underwriting process at a high risk processor typically takes several weeks at minimum.
Payment processing restoration through 27 Blockchain's blockchain-based gateway does not depend on underwriting approval, MATCH list clearance, or negotiation with a processor whose primary concern is managing the risk of serving the merchant. The deployment timeline is determined by the complexity of the merchant's checkout integration rather than by an approval process. Simple e-commerce environments can be integrated relatively quickly. More complex checkout architectures with custom payment flows require more configuration time. 27 Blockchain's integration team assesses the merchant's environment at the start of the process and provides a realistic deployment timeline so the merchant can plan around it. For merchants who need payment processing restored as quickly as possible after a termination, initiating the 27 Blockchain assessment immediately after the termination occurs minimizes the gap in payment acceptance.
