In most cases, chargebacks are to blame when an account is added to the MATCH database. Merchants who regularly experience chargebacks should be aware of the MATCH list and how to verify it for themselves. This will lead to their merchant account being frozen and then canceled.
How did I get on the MATCH list? What should I do now?
Acquirers are allowed to add merchants to the MATCH list if they have reasonable grounds to believe that one of the aforementioned requirements has been met, as outlined in the Mastercard Security Rules and Techniques.
Merchant-acquiring networks (MATCH) are responsible for all updates to the MATCH list. To comply with the MATCH system standards, Mastercard states, “acquirers must conduct reliably, fairly, and in good faith.”
The listing, however, is entirely at the discretion of the buyer and has no safeguards in place.
You will most likely be included in the database if your bank also considers you to be too high of a risk and shuts your account. Prior to MasterCard’s new rules, this determination was left largely up to the bank’s discretion.
Reasons might include things like persistent chargebacks or fraud with your transactions. Inadequate security procedures that lead to data breaches are another factor. Many of the MATCH reason codes have to do with unlawful activities, such as fraud, money laundering, collusion, or other questionable dealings on the part of the account holder.
So now you got the answer to your question – How did I get on the MATCH list, you should know that some of the causes may be beyond your control, unfortunately. The most obvious one is if your personal information was taken and used to open a business bank account in your name. There will be a new MATCH profile when this is found. But it will also prevent you from getting a real bank account.
