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. The Terminated Merchant File is shared among processors and acts as a blacklist, where merchants with high risk accounts or excessive. Difficulty obtaining a new merchant account: Most merchant service providers will be hesitant to work with businesses on the MATCH list, as they are considered high-risk merchants. Read out guide explaining why merchant accounts are terminated. And once a merchant is on the list, it can be very taxing to get a new merchant account from another bank. Merchants must first contact the acquiring bank that terminated the account. It’s also known as the Terminated Merchant File (TMF). Just got blackballed by MATCH by MasterCard : r/personalfinance. When a merchant is transferred or reported to MATCH, "it means that the card processor has stopped accepting new transactions. Being on the MATCH list won’t cause you to lose any. You will find that when you call Mastercard, you'll be given the runaround, and the ball rolls much slower. Her company was circling the drain at the time, and one of the last acts, was to refund about $5000 in credit card charges to customers on orders she could not fill. When your electronic payments acceptance is at – risk and the life of your business hangs in the balance. The terms “Terminated Merchant File (TMF)” and “MATCH list” are often used interchangeably, but they’re a bit different. The worst that can happen to an online business is a termination of its merchant account. 17. Many translated example sentences containing "terminated merchant file" – Spanish-English dictionary and search engine for Spanish translations. A merchant’s name, business partners, and principal are placed on the MATCH. For whatever reason, and I'm still trying to figure it out. Unfortunately, it looks like your website, hanami. Created by Mastercard, this list is composed of businesses who have had their. Know the Ways of Getting off the MATCH list. Mastercard combined the MATCH list with the TMF listing (Terminated Merchant File), making the lists interchangeable. A previous termination automatically puts you in the high-risk merchant. You can pre-negotiate it out of the contract. Any merchant who violates these rules and laws risks earning a place on the Terminated Merchant File (TMF) or Member Alert to Control High-Risk (MATCH) list. 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. When applying for a new merchant account, I was told that I was denied for being on the Terminated Merchant File, or now I believe it's referred to as the MATCH (Merchant Alert To Control High-Risk) list due to excessive chargebacks from a business I ran for two years from 2016-2018. What is a Terminated Merchant File? Terminated Merchants Files or MATCH 101 In the world of business, it becomes imperative for those involved in the. How? For starters, rethink whom you do. TMF means Terminated Merchant File. 2%, you’ll pay 7. 4. Documents to Obtain a TMF Merchant Account. (All contracts in excess of $10,000) Pursuant to the above, when federal funds are expended by ESC. Finding out your merchant account has been closed is a serious setback, but it doesn’t have to be a permanent one. A Merchant can be placed on the MATCH List for various offenses determined. Key Takeaways. The database houses information about businesses who have had previous processing agreements terminated. It’s maintained by MasterCard, but. If so, you will have trouble acquiring a merchant account with reasonable rates if at all. Additional filters are available in search. If the merchant is on the MATCH List, the acquirer will contact the bank or processor that added the merchant to the database and find out what happened. especially those added to the terminated merchant file (TMF) or flagged with a member alert to control high-risk merchants. Merchants on the receiving end of a terminated merchant account are often placed on the TMF MATCH list. Finding out your merchant account has been closed is a serious setback, but it doesn’t have to be a permanent one. I have been put in a. (Terminated Merchant File) is a watch list that is maintained by MasterCard and is also accessed by Visa and American Express. There are several reasons why you as a merchant can get blacklisted or MATCH’d. Durango Merchant Services: Best for eCommerce merchants. If you have been placed on Terminated Merchant File (TMF) or Member Alert to Control High Risk Merchants (MATCH), we can help. MERCHANT EXPRESSLY ACKNOWLEDGES that a Combined Terminated Merchant File ("CTMF") is maintained by Visa and MasterCard containing the business name a. MATCH requirements for processors. Search. What is the MATCH or TMF List? 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 brands to screen and regulate merchant access to the payments system. The MATCH file is a detailed electronic list of businesses that have had one or more merchant accounts terminated by their acquiring bank. One of the best ways to avoid a hold or freeze is to communicate with your merchant account provider as soon as you think there might be a problem. Visa or MasterCard processing banks or the acquiring banks use it in identifying specific principals and merchants that have been terminated. The Terminated Merchant File (TMF) (also called the "MATCH File" or "Match List") is a digital file (database) containing information about merchants, and merchant business info, who have had their merchant account services terminated - essentially the TMF is the merchant processing industry's blacklist. In 2005, it evolved into the. 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. MATCH (previously known as TMF, or Terminated Merchant File), is a database of merchants used by payment processing companies that contains information on merchants and individuals whose accounts have been terminated. 1) Stay off the Match List. 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. MATCH List and Terminated Merchant File (TMF) Oct 11, 2022. Merchants listed here often find it difficult to obtain a merchant account, and should take steps to avoid being added to the list. MATCH is used to verify if you have had a merchant account terminated in the past. All payment processors must check these databases when accepting a new user,. Search for: Latest Articles. MasterCard Worldwide created and maintains the MATCH list, which also. com is legit and safe to use and not a scam website. Both lists operate similarly and contain information about merchant accounts. Abbreviation is mostly used in categories: Dealer Merchant Accounting Card Business. The difference between a closed merchant account and a terminated merchant file (TMF) aka the Match List, which stands for Merchant Alert to Control High-Risk is critical because a TMF not only stops you from processing credit cards in the present, it prevents you from obtaining a merchant account in the future under any other. What a horrifying concept! This should really get a lot more press around here. 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. Please contact us at 1-800-930-4476 and we can find out if you’re eligible for a merchant account. How to Cancel with No Termination Fees. Msg#:654872 . com is positive. Approvals of future applications for merchant. merchants may have found themselves on the Terminated Merchant File (TMF). This information helps other businesses avoid working with merchants that may be high-risk. 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. 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. Formerly known as the Terminated Merchant File (TMF), the MATCH list contains information about businesses whose card. 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. Payment processors check MATCH for each new potential account to mitigate their own risk and keep their business safe. Offers Paysley QR-code payment service. MATCH (or Mastercard's Alert To Control High-Risk Merchants) was created to help banks identify high-risk merchants before signing merchant agreements with them. What Is the Mastercard MATCH List? The MATCH list keeps track of merchants deemed to pose an unacceptable level of risk. In short, MATCH resembles a “blacklist” that financial institutions can use to cross-check you and board you as a new merchant. All payment processors must check these databases when accepting a new user,. Click on the TPS or IIAS Certifications tab as appropriate. [1] In the case of Mastercard and American Express it is known as the MATCH list. Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guideline. 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. e. It is estimated that every dollar lost (transaction amount) to a chargeback costs the business an estimated $2. A merchant account for terminated merchants allows businesses continuity even if they were previously put on a TMF by a credit card processor. An occurrence that results, directly or indirectly, in the unauthorized access to or disclosure of Account data. To the average person, the words “terminated merchant file” does not mean much, but for a business using merchant account services, it can mean utter ruin. The MATCH list, which was previously referred to as the TMF list, is a database containing a record of merchants who have had their merchant accounts terminated by other processors and financial institutions. Terminated Merchant File list . 4. Unfortunately, any business that appears on the MATCH list is almost guaranteed to be denied a merchant account. Best for online and international sellers: Durango Merchant Services. The basic idea of MATCH list and TMF is same…The MATCH list or TMF (Terminated Merchant File) is the lowest state a merchant can be in. The Terminated Merchant File is a list of businesses that Visa and Mastercard keep track of. TMF is a related acronym that stands for Terminated Merchant File, but has recently been replaced by MATCH. API. This list is handled by MasterCard and acts as a resource for all the acquiring banks to identify businesses that have had their merchant. If the issue persists, the. 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. The MATCH list is maintained by MasterCard to keep track of businesses and owners who have had their credit card processing account terminated by an acquiring bank. You are blacklisted in the Terminated Merchant File (TMF). Prepaid Calling Cards. You can pre-negotiate it out of the contract. How to remove a terminated merchant file from the MATCH list. Luckily there are ways to avoid terminal credit card machine leasing. Of course, none of the above are ideal. MATCH List and Terminated Merchant File (TMF) Oct 11, 2022. run, or a previous business you were associated with, is listed on MATCH or another terminated merchant file operated by the card networks. This means the merchant will find it harder to find a payment processor who will work with them. 6), 2. Best for online and international sellers: Durango Merchant Services. Terminated Merchant Files. Resources. Instead, the card associations use a file called the MATCH file. ” “The List,” of course, is the MATCH/TMF list. Contract Type. 4), or 3. We service ALL high risk industries AND all merchants that have been terminated by their current credit card. Beyond your financial records, tax history, and credit score, some underwriters will also run a business search on your name and your. And get hold of an expert for the resolution of the issues that you are facing. If a merchant’s chargeback ratio reaches a specific level, the merchant may be subject to monthly penalties and extra chargeback costs until the problem is resolved. GNF, Group Negative File, is First Data’s internal list of businesses that they have had any. 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. API. 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. 1% + $0. Jul 17, 2021 Woocommerce Security Woos. 2. Just like setting up an original or new merchant account, opening a replacement merchant account is a process but a more involved one. It was created by. It is a system created and managed by MasterCard. 75 on that transaction. USP-NF means the current edition of the United States Pharmacopeia-National Formulary. You will find that when you call Mastercard, you'll be given the runaround, and the ball rolls much slower. The TMF is an international database managed by Mastercard that catalogues businesses and owners whose merchant accounts have been terminated. 2. Master Servicer. Remove Advertising. The terminated merchant file (TMF) or TMF HIGH RISK MATCH list is used by credit card companies to screen potential merchants. When a processor considers signing an agreement with a merchant, it must first check MATCH for information on whether the merchant was terminated by another processor. American 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. It is true, but there is such a thing as a merchant account blacklist. MATCH is operated by MasterCard; TMF is operated by Visa. 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. The MATCH list was created to blacklist certain high risk merchants. 8. 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. The MATCH list (previously called the Terminated Merchant File, or TMF) is a master blacklist that Mastercard compiles and maintains. A PayPal merchant ID, or “MID,” is a 13-character string of random numbers and letters. If so, you will have trouble acquiring a merchant account with reasonable rates if at all. • Must be located within the acquirer’s jurisdiction. Our account will enable you to expand your business by reaching more customers and accepting their payments. This was done to prevent a risky business from applying for a new account or opening an account with another major credit card company. The terminated merchant files are blacklists shared among processors. The key participants in this model are the acquirer, payment facilitator, and sponsored merchant. Landing on the TMF is the ultimate consequence of excessive chargebacks. Exclude Keywords. If you’re on it then this sends up a red flag to banks that you’re a credit risk. Terminated Merchant Databases must meet at least the following standards: - 3 - 1. Code 01: Comprise of account data: if you unintentionally or unknowingly facilitated by whatever means, the use or disclosure. A MATCH listing, or a TMF (Terminated Merchant File) means you have previously had a processing agreement terminated. Level 4 businesses are required to complete an annual risk assessment using the appropriate PCI Self-Assessment Questionnaire (SAQ). Communicate Proactively. Terminated Merchant File. Usually filed prior to the five-year lapse date. Recent Stories. 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. How to remove a terminated merchant file from the MATCH list. Fraud. - They will have an instant source of income. MATCH is the replacement for TMF. This will provide acquirers with the opportunity to develop and review enhanced or incremental. 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. Unfortunately, any business that appears on the MATCH list is almost guaranteed to be denied a merchant account. 9% + $0. The problem with this is, once you are on the TMF list, you will most likely *not* be able to get approved for another merchant account, and it is very difficult to be removed fromSearch; More. If the standards are breached, the merchants identification number is added to the TMF. Also, we provide specialized support to the high- risk merchants, credit card processing, and merchant account issues. A concluded merchant store (TMF) is a. Msg#:655571 . search, campaigns. A lot of providers now offer month-to-month billing. Your processor can place you on the TMF unilaterally if it determines that you have engaged in fraud, racked up too many chargebacks, failed to pay merchant account fees, or otherwise committed an egregious violation of payment. TMF is short for “Terminated Merchant File” and MATCH stands for “Member Alert to Control High Risk. Furthermore, in this article, we will. That way, they won’t obtain. A Terminated Merchant File is a tool used by credit card processing companies to screen potential merchants before giving them a merchant account. If the chargeback ratio by transaction gets too high, acquiring banks tend to close their clients’ accounts and put them in the TMF (Terminated Merchant File). 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. Most high-risk processors charge percentage and flat fees on top of the interchange rate (the fee that goes to the credit card providers). Search. We approve 95% of applicants! I. PCI Compliance Structure. Non-compliance. How are merchants listed in the. An acquiring bank maintains a merchant’s bank account and, as a. TMF (Terminated Merchant File): A “black-listing” of merchants that have had a merchant account terminated for violating a merchant agreement. In addition, noncompliance can lead to your company being placed on the Visa/ MasterCard Terminated Merchant File (TMF). New: A guide to Google Search ranking systems; Google October 2022 Spam. The bank that added a merchant to the MATCH list are the. This blacklist is famously known as “TMF or MATCH ” list. Acquiring banks and credit card processors use it to keep track of. The Terminated Merchant File (also known as the MATCH list) is an industry database that contains information about merchants who have been. Best for chargeback monitoring: SMB Global. A terminated merchant file ( TMF) is a tool used by credit card processing companies to screen potential merchants before giving them a merchant account. Acquirers must ensure that a terminated Merchant, Sponsored Merchant, or Third Party Agent (including, but not limited to, a Payment Facilitator, Marketplace, Staged Digital Wallet Operator, or Independent Sales Organization) is added to the Visa Merchant Screening Service (VMSS) one business day after termination if VMSS listing criteria are met. Such legal grounds may differ depending on theClose Search. Payment Gateway Processor:. 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. The terminated merchant file is basically a list of all merchant accounts that have been banned from doing any type of credit card processing in any way shape or form. Each merchant on the list receives a numerical code that indicates the reason for them being on it. Approvals of future applications for merchant account are highly unlikely for merchants in this list. Being listed on the TMF match list can make it difficult for merchants to obtain new merchant accounts or payment processing services, as it. Acquiring Banks consult this list when determining whether or not to extend a merchant account to a given business, and in. savur. Once a. 40. If you are in an impossible situation, don’t. Since 1994, BankCardLaw has built relationships and achieved business – saving results in electronic payments and merchant credit card account matters. Remove Advertising. • Cannot be listed on the Terminated Merchant File (TMF), or similar files. It contains information about merchants and their principals whose credit card. Terminated. They are as follows; Match List Reason Codes. If a merchant is placed on the TMF list, it can be extremely difficult for them to find a processing solution for future. 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. About. It seems that terminatedmerchant. 4 billion. A termination is a public notice and record that the secured party no longer has interest in the collateral. Criminal Defense. The MATCH list is essentially a list of terminated merchant files (TMF) that meet specific conditions. Previously Terminated Merchants. As the name implies, businesses are included in the file if any of their MIDs are canceled due to… Open in appThe Terminated Merchant File (TMF) and Member Alert To Control High-Risk merchants list of MasterCard (MATCH List) are lists maintained by major credit card brands to inform member banks of merchants that have been terminated for cause or other wrongdoing. The Terminated Merchant File (TMF) holds a sole purpose of stop listed merchants from creating fresh merchant financial at different acquirers, using financial card processors and through Visa merchant services. MATCH requirements for processors. Msg#:655572 . GNF, Group Negative File, is First Data’s internal list of businesses that they have had any. Define Terminated Merchant. The Terminated Merchant File (or “TMF” or “MATCH List”) is a log of merchants maintained by Mastercard. Every single chargeback debit from his account cleared, and he owes them nothing. The MATCH list is the same as the Terminated Merchant File (TMF), an older, more generic term. The merchant’s name will also be added to the shared Terminated Merchant File (or TMF). After all, you have been running a good business. 3. 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. A merchant account for a high-risk business card. It’s also referred to as a Terminated Merchant File (TMF). In simple terms, the MATCH (Member Alert to Control High-Risk Merchants) record compiles information on companies and their owners, including terminated merchant accounts. The MATCH system is sometimes referred to as the Terminated Merchant File (TMF). But TMF is more of a broad term that relates to any terminated merchant file, whereas the MATCH list refers specifically to the database that’s. Credit Processing for TMF/Match List Merchants. Online Firearm Sales. It is possible to get your business’ operations back on track. When a merchant is placed on the list, the merchant’s name, principal, and business partners are all recorded on the MATCH list. Terminated Merchant File Garya. Payment capture comes after authorization; at this point, the payment is effectively "settled," and the transaction is over. who do not have a traditional acquiring relationship. 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. However, merchant service providers. Like refusing to pay an early termination fee, your business can be blacklisted on the Terminated Merchant File, tracked down by collections agencies and suffer credit damage if you refuse to pay terminal lease fees. The merchant’s name will remain on that list for five years. The data is kept on a MasterCard database, and prospective financial providers check this database before taking on any accounts. What Is The Dreaded TMF File. Click Access IIAS forms on the right side of the page. You’re following the rules, and as far as you know, doing everything right. Payments discovers that you havebeen factoring drafts, your Merchant Agreement may be terminated and your name may be placed on the terminated merchant file with MasterCard, Visa and Discover, which could make it impossible for you to ever obtain another merchant account with any other processor. 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. Have been added to the MATCH list over five years ago. Merchant Account: An account with an acquiring bank that enables a business or other organization to accept credit cards. Unfortunately once a merchant is placed on the list, it is cumbersome to get off it. 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. If your business has been placed on the Terminated Merchant File (TMF) or Merchant Alert To Control High-Risk (MATCH) list, getting off of the list should be one of your top priorities. 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. An acronym for the Member Alert to Control High-Risk Merchants, MATCH is a powerful national database. Merchants whose merchant accounts fall under the. Some people still refer to this list by its former names, the Terminated Merchant File (TMF) or the Combined Terminated Merchant File (CTMF). The vast majority of these accounts found. 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. The important thing to remember is that you cannot change nor edit this number. There are several common ways merchants end up on the Terminated Merchant File (TMF), or “MATCH (Member Alert to Control High-Risk). Terminated Merchant File Sample Clauses. States will most likely reject a UCC-3 that is both an amendment and continuation. Two common, non-illegal causes for a high-risk merchant to wind up on these lists are failure to pay the final bill and high chargeback rates. If you’re on it, this means that another bank has terminated a merchant account with you, and sends up a red flag to banks that you’re a credit risk. Getting on the TMF list is the equivalent of getting. This blacklist further cements my inability to attain another merchant account through my own bank (who refused after they heard about the TMF). 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. This ID is assigned to you automatically, once you open a PayPal account. Being listed on the TMF match list can make it difficult for merchants to obtain new merchant accounts or payment processing services, as it. Merchants must first contact the acquiring bank that terminated the account. The purpose behind MasterCard creating this list was to “identify a potentially high-risk merchant before entering into a merchant agreement”. If caught, any funds that are in the pipeline to be paid from prior transactions will be frozen during an investigation. The What, Who, How, and Why of the Terminated Merchant File. Whenever possible, it’s best for a merchant to avoid freezes and terminations altogether. Formerly referred to as the Terminated Merchant File (TMF). Fundamentally, when you work with any merchant service provider to accept credit cards, you’re inherently dealing with a certain amount of risk – risk that your customer disputes a sale, risk that your company goes out of. Contract Type. Under rules covering the Visa/Mastercard Terminated Merchant File rules, it may take years to have your merchant accounts up and running again. This blacklist is famously known as. About This Guide Visa Global Acquirer Risk Standards: Visa Supplemental Requirements 1 October 2018 Visa Public 1 Notice: This is VISA PUBLIC information. A Terminated Merchant File is used by processing companies to screen merchant account applicants. com. Documents to Obtain a TMF Merchant Account. 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. Mastercard created the MATCH list, a file of high-risk merchants that banks and payment processors use to identify merchants they may not want to do business with. • Excluded merchant types (but may be signed under direct acquiring agreements): InternetThe Terminated Merchant or MATCH (Member Alert to Control High-Risk) file is used by Visa and MasterCard processing banks (the acquiring banks) to keep tabs on merchants and/or principals who had their Merchant Accounts terminated for cause. 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 business has been labeled a high-risk merchant account, you will almost always pay higher. The TMF is the kind of list maintained by the credit card processing industry that collects business records and business owners whose merchant accounts got terminated for excessive. Landing. The terms “Terminated Merchant File (TMF)” and “MATCH list” are often used interchangeably, but they’re a bit different. Match List of Merchant Accounts. One of the largest card brands, Visa, operates a database called the TMF List, which stands for Terminated Merchant Files. net Call us : 702-456-1116 There are only three ways to get off the MATCH list. After submitting the application, merchants will need. BankCardLaw is a premiere provider of customized electronic payments legal services. Based on the information provided, the acquirer will decide whether or not to approve the new merchant account application. The merchant can use preventive measures to avoid getting into the Terminated Merchant File or Member Alert To Control High- Risk. Use this list to avoid doing business with certain merchants, payment processors, banks, and other financial institutions. Clause: Terminated Merchant File. Unlock Your Business Potential: Overcoming TMF Challenges with Expert TMF Merchant Consulting Services. #2. Overview. the acquirer on behalf of the sponsored merchant. . TMFs are lists of organizations that credit card companies will not work with due to their high potential for risk to the card issuer and other stakeholders. Open Search. It is regarded as a national database related to merchants and their principal owners whose accounts have been terminated for this or that reason. Being on the MATCH list shows that your business caused so many problems that your Merchant Account was terminated and. 4 C. Clause: Terminated Merchant File. Country. Related Clauses. Based on our evaluation, the best high-risk merchant account providers are: Best overall (and most versatile): PaymentCloud. One of the most challenging things a merchant faces is going on the blacklist by the credit card companies, such as Visa/ Mastercard. Click on the Online Form link next to your certification. The Terminated Merchant File (TMF) is a list of business owners with flagged merchant accounts. 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. Exclude Keywords. Call us Toll Free (866) 509-7199 Is your business on the MATCH list or terminated merchant file (TMF) list. How to Cancel with No Termination Fees. EMB), you still. This is a file that Visa and MasterCard contribute to in order to keep track of merchants that have. How Can I Get On the List. Search titles only By: Search Advanced search…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. Home; Practice Areas. Twitter. 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. This might be a piece of equipment, a vehicle, property, or even a blanket. If you have trouble securing a traditional account why not go for one of the High Risk Merchant Accounts or one of the Offshore Merchant Accounts available. Open Search. When you apply for a merchant account, the bank or processor will check to see if you are on the Terminated Merchant File (TMF). • Cannot act as a sponsor for another Payment Facilitator. 7. To obtain a TMF merchant account, businesses must begin by filling out EMB’s simple online application. Additional filters are available in search. It has gradually replaced the Terminated Merchant File (TMF), an older system that is being phased out.