Blacklisted from Stripe - I'm on the MATCH list.. What now?

[eleme]

how to you know you are MATCH list ?

 

[wellington]

Sols said:
The processor that put you on the list can in some cases remove you from the list, if you manage to convince them that it was a genuine mistake that you have learned from and won't repeat. But knowing Stripe and seeing as it's been 3”“4 years by now, it might not go anywhere. The good news is you're likely not going to be on the list for much longer. In a couple of years, the record is probably expunged.

In the meantime, you can only open your own merchant accounts without your name appearing as director, shareholder, user, or UBO.
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Does the list get expunged then after a period of time?

 

[JohnnyDoe]

JohnnyDoe said:
It's easy to change name and nationality, a bit harder to change appearance. But I'm working on it:

View attachment 5942
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Ok I finally achieved a good result:

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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields​

 

[brianK]

After more than 15 years I got finally of the list a few years ago. I have no clue when they delete the record or if they ever do, but 15 years I wasn't able to open any merchant account with any major payment processor.

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Winners never quit and quitters never win....

 

[EliasIT]

yeah you almost never get off the list once you are on there. There is no GDPR that helps you!

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If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability!
My personal favorite thread posted in the Mentor Group. Group of investment companies to avoid licensing.

 

[EliasIT]

SasuT said:
Hey
In 2020 I had a little dropshipping store running, I didn't enable 3DS or any security to reduce fraud risk and at some point I had a massive streak of fraudulent payments for a total of 20k$. All that got chargeback. Stripe account got terminated and since this day it seems that I'm blacklisted.

2022 I got back into business, I developed a SaaS and tried to open a Stripe account to process payment : Instant blocked.
Tried Square (another payment processor) : Accepted, been using it for a year but got terminated a few days ago. (Processed over 8000 payments and only 0.4% of chargeback).

In the meantime, in July 2023 I moved to UAE, and tried to open a Stripe account here (I thought "Well it's Stripe UAE.. Maybe they forgot me this time"). It worked fine until a few days ago (one day after Square shut down). Terminated.

I'm now with 2 other payment processors in UAE and it works fine, but I'm afraid that I'll be blocked anytime soon, even if my business is legit, not high risk, with very low chargeback. Because I'm probably on the MATCH list since 2020 I guess. So maybe Square saw it "too late" and same for Stripe UAE, they maybe noticed it only months after my registration, I don't know.

Anyway, let's say I'm on the MATCH list and I can't use any payment processors. What options do I have to keep accepting payments ?

Nominee UK LTD + Stripe ?

For now I'm fine with my new UAE payment processor, but I'm looking for backups in case I'm really on this MATCH list (means I'm gonna get blocked soon if it's the case). Thanks.
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thread is more than a year old, now I'm curious to know if you got a solution or even managed to get off the matchlist? of if you got a full time job somewhere to give up your idea?

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If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability!
My personal favorite thread posted in the Mentor Group. Group of investment companies to avoid licensing.