Merchant expressly acknowledges that a Terminated Merchant File (“TMF”), or any successor thereto, is maintained by MasterCard or VISA containing the business name and names and identification of principals of merchants which have been terminated for one or more of the reasons specified in. Then, out of nowhere, you get a notification about the closure of your merchant account. In this situation, we will not be able to. What does TMF mean? TMF stands for Terminated Merchant File (also. Reporting is mandatory if the merchant is terminated for credit or debit. Please contact us at 1-800-930-4476 and we can find out if you’re eligible for a merchant account. net as a gateway. Here are steps that you should follow to go through this process successfully: Inquire about the reason for termination of your account: Any prospective processor. Country. If the standards are breached, the merchants identification number is added to the TMF. Open Search. A previous termination automatically puts you in the high-risk merchant. The merchant must apply for a high-risk merchant account with stiff processing fees, monthly fees, and restrictions. Acquirers can check whether a merchant has already been terminated by another acquirer and learn the reason why using Mastercard's Alert to Control High-Risk Merchants. Once on this list, getting approved for your high-risk merchant account domestically or internationally can take years. The Terminated Merchant File (TMF) is an older list relaunched as MATCH. That way, they won’t obtain. The TMF list is an older term that’s not used much today. MATCH list. Banks and. . Landing. Open Split View. It is accessible to acquiring banks and payment processors to help them evaluate the risk associated with a merchant. Wednesday, October 18, 2023. The MATCH list functions as a database that compiles information about businesses and business owners whose accounts have been terminated for a variety of. Categories. When a bank is considering whether to accept you for a. The Terminated Merchants File (TMF) or match file is basically a list of merchants that have had their merchant accounts closed down by their processing bank on negative terms. 17. “ The Terminated Merchant File or TMF is a list compiled and managed by MasterCard, of business owners (merchants) whose accounts have been terminated in. Click on the TPS or IIAS Certifications tab as appropriate. Durango Merchant Services: Best for eCommerce merchants. Aliu also agreed to comply with "Payment Network Regulations" and acknowledged that if he violated those regulations Elavon was required to report him to the "Terminated Merchant File" known as MATCH. Include Keywords. Since 1994, BankCardLaw has built relationships and achieved business – saving results in electronic payments and merchant credit card account matters. In 2020, U. Main page; Contents; Current events; Random article; About Wikipedia; Contact us; DonateObligees considering termination should keep in mind that the law does not favor forfeiture; as such, a terminating obligee will put itself in a better position to successfully call upon the surety and, ultimately recover its losses, if it does not terminate the contractor hastily and without a record that reflects the merits of the termination. As specialists in the high-risk payment arena, we appreciate the profound effects that appearing on the Terminated Merchant File (TMF), also referred to as the MATCH list, can impart on your business. TMF, MATCH file, and GNF: One of the most challenging things a merchant faces is going on the blacklist by the credit card companies, such as Visa/ Mastercard. Browse. Landing on the TMF file will make it impossible for them to open a merchant account in the future with any processor. The TMF contains information about merchants that have breached their agreements with financial institutions, resulting in the… The client was terminated by PipeLine Data for excessive chargebacks and was listed on the TMF file. To be removed from the Mastercard MATCH list, a merchant must: 1. A few weeks later, I had signed up for two new merchant processing accounts and Steve had sent me $1,000. Otherwise known as the MATCH (Merchant Alert To Control High-Risk) list, the Terminated Merchant File or TMF list is a list compiled and managed by MasterCard, of business owners. Online Firearm Sales. Payment capture comes after authorization; at this point, the payment is effectively "settled," and the transaction is over. Exclude Keywords. The MATCH system is also known as the. The best solution is to avoid the early termination fee (ETF) before entering a merchant account agreement. Merchant Services Organizations keep payment processing information file, which contains data recorded by banks. This might be a piece of equipment, a vehicle, property, or even a blanket. It is called either a Terminated Merchant File (TMF) or MATCH (Member Alert to Control High-Risk). The primary reason why your business may end up in the terminated merchant file is due to excessive and repetitive. TMF stands for terminated merchant file, whereas the MATCH list stands for Member Alert to Control High-Risk Merchants. The Terminated Merchant File Match List (TMF) is a subset of the Match List that includes merchants who have been terminated from their merchant accounts for reasons other than high levels of. MATCH acts as an invaluable tool to assess the potential risk prior to approving a Merchant. Merchants must first contact the acquiring bank that terminated the account. 2014 Portable Rotary Screw Compressor Atlas Copco XAVS 400 CD7 400 CFM / 200 PSI 225 PSIG Max Final Pressure mfg date 9/2014 Hours: 2414 Location: Indiana. Such legal grounds may differ depending on theClose Search. In short, MATCH resembles a “blacklist” that financial institutions can use to cross-check you and board you as a new merchant. The TMF is a comprehensive database cataloging merchants whose accounts have been terminated due to reasons such as excessive chargebacks, alleged fraud, or non. The worst that can happen to an online business is a termination of its merchant account. Step 1. Being placed on this list means that your merchant account has been terminated. Being listed on the TMF match list can make it difficult for merchants to obtain new merchant accounts or payment processing services, as it. A merchant account for terminated merchants allows businesses continuity even if they were previously put on a TMF by a credit card processor. It contains information on your business if. A MATCH listing, or a TMF (Terminated Merchant File) means you have previously had a processing agreement terminated. If the issue persists, the. This information has been aggregated into the file known as the MATCH List (Merchant Alert To Control High-Risk). Unfortunately, any business that appears on the MATCH list is almost guaranteed to be denied a merchant account. When a bank considers whether or not to accept you for a merchant account, it will reference MATCH to see. Approvals of future applications for merchant account are highly unlikely for merchants in this list. Card networks, such as Visa and Mastercard, operate databases known as Terminated Merchant Files (TMFs) that contain information about accounts that have been closed by credit card processors around the world for high chargebacks or violations of card brand rules. Being on the MATCH list won’t cause you to lose any active. Some of the coded reasons provided by MasterCard as to why you could be listed as a Terminated merchant account are explained below. (Terminated Merchant File) is a watch list that is maintained by MasterCard and is also accessed by Visa and American Express. Payment Capture. • Cannot be listed on the Terminated Merchant File (TMF), or similar files. (SRP, Rule 11. Sep 1, 2021 3 minute Read The Terminated Merchant File ( TMF ), also known as the Merchant Alert to Control High-Risk (MATCH) list is a scary place to find your name. net Call us : 702-456-1116American Merchant Systems (represents 25+ different processing sources (US based banks, domestic banks, domestic merchant accounts, offshore banks, offshore merchant accounts, third party processing, ACH Check Processors, check guarantee services, check conversion services, and ATM machines. Non-compliance. To check if you're on the Terminated Merchant File (also known as MATCH), you can reach out to the major credit card companies, such as Visa, Mastercard, American Express, and Discover, to inquire about your merchant status. Key Takeaways. It is called the. 6), 2. Best for chargeback monitoring: SMB Global. Overall, PCI payments compliance includes four clearance and category levels, numbers one. The company’s products and services include point-of-sale solutions, mobile phone swipers, an online payment gateway and virtual terminal, EMV-compatible. Every single chargeback debit from his account cleared, and he owes them nothing. You are blacklisted in the Terminated Merchant File (TMF). If so, you will have trouble acquiring a merchant account with reasonable rates if at all. The terms “Terminated Merchant File (TMF)” and “MATCH list” are often used interchangeably, but they’re a bit different. 0800 304 78 75. Closed because of high. Visa or MasterCard processing banks or the acquiring banks use it in identifying specific principals and merchants that have been terminated. It is vital to contact Stripe customer support and consider partnering with another payment processor if funds are held. Search. Steps to Take After Your Merchant Account is Terminated. Payment Cloud provides a dedicated account rep to all new merchants for the life of the account. A PayPal merchant ID, or “MID,” is a 13-character string of random numbers and letters. there is another list called the Terminated Merchant File (TMF). If your business is on this list, you’ll likely not be able to open a merchant account for a minimum of 5 years. Quarterly PCI scans , administered by an approved scanning vendor, may. To avoid that fate, you have to remain in full compliance with the terms of your agreement. Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guideline. The worst thing that could happen to a merchant is being placed on the MATCH list. And to make things worse, if the bots think you're a risk and shut off your account, there's a chance that Stripe will add you to a Terminated Merchant File just for closing your account, in which case you'll never be able to process payments ever again, anywhere. Termination. The positive trust score is based on an automated analysis of 40 different data sources we checked online such as the technology used, the location of the company, other websites found on the same web server. The. What Is the Mastercard MATCH List? The MATCH list keeps track of merchants deemed to pose an unacceptable level of risk. MATCH — Member-Alert-To-Control-High-Risk — or Terminated Merchant File (TMF) is a database of previously terminated merchants created and maintained by MasterCard Worldwide, and relied upon by the payment. The Terminated Merchant File (TMF) is a database of merchants that financial institutions have marked as high-risk. Card networks, such as Visa and Mastercard, operate databases known as Terminated Merchant Files (TMFs) that contain information about accounts that have been closed. Offers Paysley QR-code payment service. Terminated Merchant File (TMF) is a general term for a merchant blacklist such as the MATCH List. Hello, MATCH is only accessible to registered MasterCard. Finding out your merchant account has been closed is a serious setback, but it doesn’t have to be a permanent one. Terminated Merchant File. When a bank considers whether or not to accept you for. Legal grounds: The processing shall comply with the requirements of Article 6 of Directive 95/46/EC and be based upon one or more of the legal grounds specified in Article 7 of Directive 95/46/EC. It is possible to get your business’ operations back on track. CFR PART 200 Termination Termination for cause and for convenience by the grantee or subgrantee including the manner by which it will be effected and the basis for settlement. The MATCH list, also known as the Terminated Merchant File (TMF) maintained by Visa, is a database similar to the TMF. Additional filters are available in search. 623-321-4699 Menu. To put it plainly, the terminated merchant file is a list of merchants who have been blacklisted for transactions that land them outside the standards agreed upon for the service. Have been added to the MATCH list over five years ago. If your business is on the Terminated Merchant File (TMF) or “MATCH” file, that does not mean you are completely black listed from ever getting a merchant account again. Being on the TMF or MATCH list has several negative. MATCH List Criteria: Merchants end up on the MATCH list due to:• Merchant help desk support, including reprogramming of terminal software Entities using vendor supplied Remote Key Distribution techniques must ensure that such vendors are registered with Visa as ESOs Third-Party Servicers (TPS) Contracted by issuing and/or acquiring clients for payment related services such as:First, merchant account freezes and terminations have a negative impact on your record and your name will appear on the terminated merchant file (TMF). • Must be located within the acquirer’s jurisdiction. Whether you are. Your name/business can be removed as soon as a week after the payment has been received. Related Clauses. According to a chargeback report, the projected costs of chargeback for 2023 are estimated at $117 billion, with around $79 billion as merchant losses. Today, MATCH is a program maintained by MasterCard International and used by Visa USA (and, as of recently, by American Express), to identify merchants that acquirers have terminated for specified. ago. We service ALL high risk industries AND all merchants that have been terminated by their current credit card. Arguably the most impactful potential consequence of PCI non-compliance is winding up on a Terminated Merchant File (TMF). What’s even worse is the fact that once added into TMF, merchant service provider can refuse merchant’s request to open a new merchant. Foolishly, I did exactly that without thinking of the consequences. In order to protect themselves, many merchant account providers refer to a list known as the Terminated Merchant File (TMF) list when considering new clients. It’s basically an eCommerce list that warns other financial institutions. Exclude Keywords. This stands for Member Alert to Control High-Risk Merchants, and it keeps track of businesses with a credit card processing account that’s been terminated by an acquiring bank. There are many benefits that you will enjoy by having a high volume merchant account with us. • Excluded merchant types (but may be signed under direct acquiring agreements): InternetTMF (Terminated Merchant File): A “black-listing” of merchants that have had a merchant account terminated for violating a merchant agreement. The MATCH list is essentially a list of terminated merchant files (TMF) that meet specific conditions. shall not include the Person set forth on Schedule 2. Best one-stop shop: First Card Payments. Furthermore, if you have any questions about the information or you need help or securing a high-risk merchant accoun t give us a call at +1 888-253-9692. When your electronic payments acceptance is at – risk and the life of your business hangs in the balance. If a merchant is placed on the TMF list, it can be extremely difficult for them to find a processing solution for future. The simple way of putting it is that the file. MATCH searches the database for possible matches between the merchant information provided in the inquiry and information. If caught, any funds that are in the pipeline to be paid from prior transactions will be frozen during an investigation. This can have long-lasting reputational impacts on your ability to do business with banks, merchants, and other institutions; it lasts for a minimum of five years. Even if you’ve never been on the dreaded Terminated Merchant File (also known as MATCH) list, you need to take measures to ensure that you don’t end up on it. One very important piece of data maintained on the MATCH file is a list of merchants whose. That way, they won’t obtain. MATCH (Member Alert to Control High-risk Merchants), also commonly called the TMF (terminated merchant file) list, is a database of merchants that includes a lot of information on merchants who have applied for, or accepted credit cards. At Mastercard, this database is called the MATCH list as described above. It also notifies other acquirers that there’s something not right with your business. Msg#:655571 . With the MATCH list, Mastercard combined a list with the TMF listing (Terminated Merchant File), so each list is utilized. If the standards are breached, the merchants identification number is added to the TMF. The Mastercard Alert to Control High-risk Merchants (MATCH) allows an acquiring partner to lookup whether another acquiring partner has terminated a merchant in the past and the reason for that termination, to aid in an onboarding decision. kassius79 • 2 mo. All payment processors must check these databases when accepting a new user,. Clause: Terminated Merchant File. Merchants belonging to the MATCH often face more difficulty in obtaining a merchant account or payment processor. The terminated merchant files are blacklists shared among processors. Merchant accounts can be difficult to obtain and can be suddenly closed down for a variety of. A terminated merchant file, also called a TMF or MATCH file, is essentially a blacklist created by acquiring banks in order to steer clear from merchants or principals that have been problematic in the past. The Mastercard MATCH list is essentially just a newer, rebranded version of the TMF, thus many use these terms interchangeably. To change: To add your location to the store locator search click the checkbox under the Opt-In column. You might show up on the TMF list if you had a merchant account closed on you for any reason, if you were reportedly difficult for your customers to contact, processed outside your. Many translated example sentences containing "terminated merchant file" – Spanish-English dictionary and search engine for Spanish translations. Be compliant. Tony Ogden is the principal and chief counsel who founded The Law Offices of Anthony L. All payment processors must check these databases when accepting a new user,. An acronym for the Member Alert to Control High-Risk Merchants, MATCH is a powerful national database. The bank that added a merchant to the MATCH list are the. PCI Compliance RequirementsAfter weeks of fueding, they placed my company on the Match List/ Terminated Merchant File (TMF). A lot of providers now offer month-to-month billing. Terminated Merchant File. Search. This list keeps track of businesses with a credit card processing account that’s been terminated by an acquiring bank. This is very important because once you have had a merchant account terminated by a provider, you risk being added to the Terminated Merchant File (also called the Match List). These days it’s called the MATCH list as well (Member Alert to Control High-risk). He offers clients a wealth of experience including more than 28 years of professional services dedicated to handling electronic payments cases, terminated merchant file or TMF MATCH cases and emergency management of distressed. It’s basically an eCommerce list that warns other financial institutions. Resources. I am creating a new incorporated company, however my partner has mentioned that she may be on the Terminated Merchant File as of the spring of 2006. A merchant file is simply a record of a merchant and whether they’re considered in good standing. Related Clauses. About This Guide Visa Global Acquirer Risk Standards: Visa Supplemental Requirements 1 October 2018 Visa Public 1 Notice: This is VISA PUBLIC information. The TMF (Terminated Merchant File) list is a database of businesses that have previously had a merchant account terminated by a processor or bank. Being listed on the TMF or MATCH file can put a merchant out of business. The purpose behind MasterCard creating this list was to “identify a potentially high-risk merchant before entering into a merchant agreement”. High-risk merchant account providers frequently receive more than their fair share of criticism from merchants due to the additional challenges of serving the high-risk community. What is the MATCH list? On the surface, it sounds like something positive. It is a system created and managed by MasterCard. [2] The terminated merchant files are shared among processors and act as blacklists, where merchants with high. After submitting the application, merchants will need to submit the following items to underwriters: A valid, government-issued ID, such as a state-issued driver’s license. We are the leading High Risk Merchant Account provider. About. PaymentCloud: Payment Cloud is a good option for TMF/MATCH merchants in all industries. Search. Company Termination Fee means an amount equal to $1,000,000. Our Services. The best solution is to avoid the early termination fee (ETF) before entering a merchant account agreement. Additional filters are available in search. Credit card processing companies use a terminated merchant file (TMF) to check out potential merchants before giving them a merchant account. MATCH represents Member Alert to Control High-Risk Merchants and is a merchant blacklist. Terminated Merchant File (TMF) Definition. Or better yet - look for a merchant account provider with no long-term contract or ETF. Previous company financial failure. Software and E-Books. Place a call at the toll-free number +1 (727) 330-3944 or try. It has a sterling online reputation that any provider would envy. TMF means Terminated Merchant File. According to reports, this is the highest growth rate in a decade and is nearly two times more. Formerly referred to as the Terminated Merchant File (TMF). It serves as a list of blacklisted merchants and prevents them from opening a new merchant account from a different credit card processor than their previous institution. The MATCH system is often referred to as the Terminated Merchant File (TMF). To me it seems only to penalize the honest companies that may have had excessive chargebacks for one reason or another. When a payment processor terminates a merchant file, they may submit that merchant’s information to the MATCH list. There are several common ways merchants end up on the Terminated Merchant File (TMF), or “MATCH (Member Alert to Control High-Risk). 4. In simple terms, the MATCH (Member Alert to Control High-Risk Merchants) record compiles information on companies and their owners, including terminated merchant accounts. One-Stop Solution From 5 Star Processing. Merchant Account: An account with an acquiring bank that enables a business or other organization to accept credit cards. The MATCH (Member Alert to Control High Risk Merchants) record was developed by Mastercard as a way of compiling info on business and their owners regarding if their merchant accounts have been terminated. Therefore, TMF list removal is as crucial as MATCH list removal. We understand the complexities in high risk merchant processing very well. 56 (Ubuntu) Server at Port 443Businesses may have been terminated and put on the list for the following reasons: Fraud; Merchant collusion; Laundering; Excessive chargebacks; And more; It is not impossible to get a merchant account if you’re on the MATCH list. A merchant account for a high-risk business card. EMB), you still. Instead, the card associations use a file called the MATCH file. Most high-risk processors charge percentage and flat fees on top of the interchange rate (the fee that goes to the credit card providers). The merchant’s name will also be added to the shared Terminated Merchant File (or TMF). You can search the Mastercard MATCH. Your name/business can be removed as soon as a week after the payment has been received. Dealing with a TMF can be a frustrating situation, but there are steps you can take to hopefully address it: Involve a lawyer: A lawyer can represent you and escalate the matter faster. For most companies, that’s enough to put them out of business. The MATCH list is essentially a blocklist for credit card processing. Related to TERMINATION AND COMBINED TERMINATED MERCHANT FILE. If you have left a previous merchant account in bad standing and it was ultimately terminated, you may be on a list called “MATCH. Merchants and businesses that wind up on Terminated Merchant Files or Match lists don’t all deserve to be there. The Terminated Merchant File is a shared online list among processors and acts as a blacklist scrubber, where merchants with high-risk accounts or excessive chargebacks [and/or terminated for violation of agreement are put on the list and prevented from opening an account with a different credit card. There are a number of disqualifying acts that will place merchants on the TMF list. MATCH was developed to help acquirers identify a potentially high-risk merchant before entering into a merchant agreement and, should they choose to acquire that merchant’s transactions, whether to implement specific conditions with respect to acquiring. MasterCard created and manages the list as a tool to “identify a potentially high risk merchant before entering. Jul 17, 2021 Woocommerce Security Woos. How do banks take a look at collection agencies ?Bot. When you apply for a merchant account, the bank will check to see if you are on the Terminated Merchant File (TMF). especially those added to the terminated merchant file (TMF) or flagged with a member alert to control high-risk merchants. When a payment processor terminates a merchant file, they may submit that merchant’s information to the MATCH list. Acquiring banks are risk sensitive and typically decline or terminate merchants listed on MATCH. During that time it will be almost impossible to obtain a new merchant account. Is your business on the MATCH list or terminated merchant file (TMF) list. 1% + $0. So my last processor made the rash decision to place a tmf file (terminated merchant file) on my account. They are as follows; Match List Reason Codes. 2. Msg#:655572 . Include Keywords. Facebook. Terminated Merchant File Sample Clauses. The TMF is an international database managed by Mastercard that catalogues businesses and owners whose merchant accounts have been terminated. In particular, processors are required to:. 7% increase from $576. The TMF was an older database created by Mastercard for merchants whose accounts were terminated for reasons like fraudulent activity, excessive chargebacks, or breaches of agreement. #3. Acquiring Banks consult this list when determining whether or not to extend a merchant account to a given business, and in. The list is an extensive database of merchants with accounts that have been terminated or deemed very high-risk for payment processors within the last five years. ago. Email : amslv@cox. Contact Merchant Stronghold at the toll-free number +1 (727) 330-3944. About;. Merchants are added to the file if any of their MIDs are canceled for breaching standards set by the card schemes. The Terminated Merchant File (TMF) list may have brought your business to a screeching halt, but EMB offers full-service TMF merchant accounts that can get you up and running again in as little as 48 hours. Terminated Merchant Files. This was a 31. This approach is especially risky because there is a chance that entrepreneurs caught lying to their banks and the card networks could be put on a blacklist known as the Terminated Merchant File (TMF). Being on the MATCH list shows that your business caused so many problems that your Merchant Account was terminated and. Search. Under rules covering the Visa/Mastercard Terminated Merchant File rules, it may take years to have your merchant accounts up and running again. Prior to executing the merchant agreement, the Acquirer submits an inquiry to the MATCH API that includes information on a merchant and the associated principal owner (s) Step 2. Browse. If so, you will have trouble acquiring a merchant account with reasonable rates if at all. UCC-3 important points. Search for: Latest Articles. MasterCard doesn't put you in that list, the bank processing your credit card payments does. The list is of those with have breached their terms and term held with with buyers and, in turn, their connection got been excluded. MATCH system features. A UCC filing, also known as a UCC lien or a UCC-1, is a financing statement which lenders can file against your business with your secretary of state. Our account will enable you to expand your business by reaching more customers and accepting their payments. As many of you know, getting a tmf is a death sentence for merchant stores like mine because pretty much any processor you try to apply to in the future, sees this tmf file, and won't touch you with a ten foot pole. These lists help financial institutions know if they’re about to partner with a merchant who is: This can create a high risk of financial loss, which is best avoided. The MATCH list, also called the Terminated Merchant File. Quora User. MATCH (Member Alert to Control High-Risk Merchants, formerly known as the Terminated Merchant File) is a reporting database identifying merchants with risk-related issues maintained by MasterCard. A terminated merchant file ( TMF) is a tool used by credit card processing companies to screen potential merchants before giving them a merchant account. All positive MATCH responses are thought about “possible matches” because the search mechanisms can not guarantee a real and exact match with absolute. Account data is stolen at the Merchant and then used for fraudulent purchases at other Merchant locations. Inquire for terminated merchants. Ask questions. TMF abbreviation stands for Terminated Merchant File. The merchant was found to be violating one of. Contract Type. I received an email that my application could not be processed due to association with cannabis, why?This list is shared between a variety of merchant account providers in order to protect other merchants from opening a new merchant account with a business owner whose business has had its privileges revoked. Getting Placed on the MATCH/TMF List Merchants are placed on a terminated merchant file list or MATCH list for various reasons, including excessive chargebacks, transaction laundering, fraudulent transactions, criminal charges against the business, and identity theft, among others. A Merchant can be placed on the MATCH List for various offenses determined. PaymentCloud: Best for free credit card terminal. • Excluded merchant types (but may be signed under direct acquiring agreements): InternetTerminated Merchant File / Match System - For anyone that is curious: [quote] What is the Terminated Merchant File or TMF? The Terminated Merchant File or TMF listed merchants whose merA Comprehensive Guide to Surviving the MATCH List in 2022. Both lists operate similarly and contain information about merchant accounts. And get hold of an expert for the resolution of the issues that you are facing. It is also known as a TMF or the MATCH list. The Terminated Merchant File (also known as the MATCH list) is an industry database that contains information about merchants who have been. Prepaid Calling Cards. As mentioned, this ID is used to identify the merchant without exposing their email to web crawlers. The MATCH list (previously referred to as the Terminated Merchant File or TMF) is a database identifying merchants who have had their payment processing privileges revoked by an acquiring bank or processor. Inquire against the MATCH database. The Mastercard Alert to Control High-risk Merchants (MATCH) allows an acquiring partner to lookup whether another acquiring partner has terminated a merchant in the past and the reason for that termination, to aid in an onboarding decision. This makes it very difficult to get a merchant Match file is like a blacklist that banks can cross-check when they take on a. Total. This list is handled by MasterCard and acts as a resource for all the acquiring banks to identify businesses that have had their merchant. A quick Google search will show you just how many problems PSPs give. When a merchant is transferred or reported to MATCH, "it means that the card processor has stopped accepting new transactions. The Terminated Merchant or MATCH (Member Alert to Control High-Risk) file is used by MasterCard and Visa processing banks (the acquiring banks) to keep tabs on merchants and/or principals who… High-Performance Websites & E-Commerce SolutionsBanks or credit card processors can deny a business’ merchant account application for the following reasons: Less than stellar personal credit history. A lot of providers now offer month-to-month billing. However, merchant service providers. Merchants remain on the list for five years and can only be removed by the same bank that added them to the list. It is mostly a list of businesses and owners whose credit card processing privileges were terminated. com. When your business is in a high-risk industry it really pays to do your research and find a quality processor. MATCH was developed to help acquirers identify a potentially high-risk merchant before entering into a merchant agreement and, should they choose to acquire that merchant’s transactions, whether to implement specific conditions with respect to acquiring. A Terminated Merchant File is used by processing companies to screen merchant account applicants. I have been put in a. Contracts. You’re following the rules, and as far as you know, doing everything right. Merchant accounts (read businesses) that partake in fraudulent practices, receive excessive chargebacks or consumer complaints, or unintentionally facilitated, by any means, the unauthorized disclosure or use of account information may find themselves on the Terminated Merchant File (TMF) or MATCH (Member Alert to Control High Risk. Your business is present on the Terminated Merchant File (TMF), also called the MATCH File, indicating your credit card processing privileges have been terminated elsewhere; Many business owners aren’t even aware of the last one until they apply for merchant services and are denied based on their presence on the list. Businesses on the MATCH list have had merchant accounts terminated previously or deemed a significant risk for payment processors. Merchants with high-risk accounts or many chargebacks are on the list and can’t use different credit card processors to open a merchant services account. This will provide acquirers with the opportunity to develop and review enhanced or incremental. See moreMATCH is the rebranded version of an older, more aptly named list, the Terminated Merchant File (TMF). Created by Mastercard, this list is composed of businesses who have had their. Published on March 1, 2014. Just got blackballed by MATCH by MasterCard : r/personalfinance. The MATCH file is a detailed electronic list of businesses that have had one or more merchant accounts terminated by their acquiring bank. At some point, TMF (terminated merchant file) is still a most common terminology and there are still some people who are referred by the list name. It is also known as. Know the Ways of Getting off the MATCH list. " The TMF is an international database managed by Mastercard that catalogues businesses and owners whose merchant accounts have been terminated. ”. How to remove a terminated merchant file from the MATCH list. they account holder will usually be placed on the Terminated Merchant File (MATCH list) which prevents them from getting another merchant account unless they clear. 3. Tiered pricing usually offered to bad credit merchants. One of the serious consequences merchants face when they have excessive chargebacks is having their account terminated and being added to the Member Alert to Control High-Risk Merchants (MATCH) list. A Terminated Merchant File is used by processing companies to screen merchant account applicants. The Terminated Merchant File is a list of businesses that Visa and Mastercard keep track of. Being on TMF makes it very difficult for a merchant to find another servicer willing to process. Excessive. To put it plainly, the terminated merchant file is a list of merchants who have been blacklisted for transactions that land them outside the standards agreed upon for the service. Filter & Search.