eCheck Merchant Accounts for MATCH-Listed Businesses!

If your business is on the MATCH list, securing a merchant account can be a major challenge. Many banks and payment processors refuse to work with MATCH-listed businesses due to the risks involved. However, eCheck merchant accounts offer a reliable alternative, allowing high-risk merchants to accept payments and continue operating successfully.

We will explain what the MATCH list is, how it affects businesses, and why eCheck payment processing is a great solution for businesses facing these challenges.

What Is the MATCH List?

MATCH (Member Alert to Control High-Risk Merchants) is a database maintained by Mastercard. It includes businesses and individuals that have had their merchant accounts terminated by a payment processor due to various risks. Once a business is placed on the MATCH list, it becomes extremely difficult to obtain a traditional merchant account.

Why Do Businesses Get Placed on the MATCH List?

A business can end up on the MATCH list for several reasons, including:

• Excessive chargebacks (chargeback ratio exceeding 1%)
• Fraudulent transactions
• Non-compliance with payment regulations
• Money laundering concerns
• Violations of merchant agreements

Once on the list, a business can remain there for up to five years, making it nearly impossible to get approved for a traditional credit card processing account.

The Challenges of Being MATCH-Listed: –

Being on the MATCH list creates several obstacles for businesses, such as:

• Limited Payment Processing Options – Most traditional banks and payment processors will refuse to provide services.

• Higher Fees – If approved by a payment processor, businesses may face significantly higher processing fees.

• Cash Flow Issues – Limited payment processing options can lead to disruptions in revenue collection.

• Reputational Damage – Being on the MATCH list may harm a company’s credibility and customer trust.

Why eCheck Merchant Accounts Are the Best Solution: –

While being MATCH-listed makes it difficult to accept credit card payments, businesses still have alternatives. One of the best solutions is an eCheck merchant account, which allows businesses to accept payments directly from customers’ bank accounts.

Benefits of eCheck Payment Processing: –

• High Approval Rates – eCheck processors are more willing to work with MATCH-listed businesses than credit card processors.

• Lower Processing Fees – eCheck transactions typically have lower fees than credit card payments, making them cost-effective.

• Reduced Chargeback Risks – Unlike credit card chargebacks, eCheck disputes take longer to process, giving businesses time to resolve issues before funds are withdrawn.

• Recurring Payments Support – eChecks allow businesses to set up automated recurring billing for subscription-based services.

• Secure and Reliable – eCheck transactions follow strict verification processes, reducing fraud risks.

How MATCH-Listed Businesses Can Get an eCheck Merchant Account: –

Even if your business is on the MATCH list, you can still apply for an eCheck merchant account by following these steps:

1. Find a High-Risk Payment Processor

Look for payment processors that specialize in high-risk industries and offer eCheck processing services. Companies like eCheckplan provide solutions tailored for MATCH-listed businesses.

2. Gather Necessary Documents

To apply for an eCheck merchant account, you may need:

• Business registration documents

• Bank statements (last 3–6 months)

• Processing history (if available)

• Owner’s identification

• Detailed business plan (if required)

3. Submit Your Application

Once you have all the required documents, submit your application to a high-risk payment processor. The approval process is generally faster than traditional merchant accounts.

4. Start Accepting eCheck Payments

Once approved, integrate eCheck payment processing into your website or invoicing system. This allows customers to make payments directly from their bank accounts, keeping your business operational.

Final Thoughts: –

Getting placed on the MATCH list can be frustrating, but it does not mean your business has to stop accepting payments. eCheck merchant accounts offer a reliable and affordable way for MATCH-listed businesses to continue processing transactions and generating revenue.

If you need an eCheck payment solution, contact eCheckplan today. We specialize in high-risk payment processing and can help your business accept eChecks with ease.