Third Party Processing

Third party processing accounts are for merchants that have difficulties maintaining their own merchant accounts or have consistently high level of chargebacks. These merchants share an account within a large merchant portfolio until they are mature enough or have enough credit card processing history to obtain their own merchant account number. Merchant discount rates are favorable within this portfolio because the account is protected from chargebacks and high credit card processing volume within the merchant portfolio. Third party processing merchant accounts are for the following types of merchants:

  • New business with no credit card processing history
  • Merchants with high chargebacks, refunds, and returns
  • Merchants that are considered high risk
  • Merchants that are consistently averaging more than 1% in chargebacks a month
  • TMF (Terminated Merchant File or MATCH) and CIRF Merchants
  • Merchants under the Visa/MasterCard chargeback reduction program
  • Merchants that are not incorporated within a jurisdiction