You Do NOT Want To Be On This List! #PaymentProcessing

20 Sept 2024 · 1 min

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Payment processors like Square, Stripe, and PayPal can suddenly blacklist merchants for violating terms of service, even after years of approval. High chargebacks and unpaid fees land businesses on the industry match list, a blacklist that's nearly impossible to escape.

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99, like a lot of it is excessive chargebacks, right? You got too many chargebacks, you're going to end up on the match list. You're not getting off the match list for that. You owe money to the processor. You're not getting off the match list for that violation of terms of service. So the violation of terms of service, I just don't get it. I blame this on like Square, Stripe, PayPal. If someone's going over there and boarding a business and they approve it, and then the person's processing for 2, 3, 4 years, right? And then all of a sudden they go, you violated our terms of service because, oh, you're selling adult novelties on your website. Right, right. Adult novelties on the website. And then— but you processed it for 4 years. Now you're going to put the person on the match list. This is some bullshit.