This list was initially created by MasterCard to help ISOs and acquiring banks in their underwriting process. Of course, eventually, they are discovered by their bank and typically have their accounts terminated. Documents to Obtain a TMF Merchant Account. 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. One of the largest card brands, Visa, operates a database called the TMF List, which stands for Terminated Merchant Files. The MATCH list was created to blacklist certain high risk merchants. Since 1994, BankCardLaw has built relationships and achieved business – saving results in electronic payments and merchant credit card account matters. New York. When filing a UCC-3, only make one change at a time. 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. Much like you may have a credit check run on you when you apply for a loan or new credit card, a TMF can be used to determine whether or not a business should be able to get a. 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. 60 just to take the money. • Cannot be listed on the Terminated Merchant File (TMF), or similar files • Cannot act as a sponsor for another Payment Facilitator • Excluded merchant types (but may be signed under direct acquiring agreements): Internet pharmacies, Internet pharmacy referral sites, and outbound telemarketers High Risk Internet Payment Facilitators1977 Taylor TY520M (52,000# capacity at 48” load center) Diesel 2 stage mast 15’ tall and lowered 96” forks New Paint 96” forks Hour meter: 5,760 Good running older 52k at 48” LC forklift! Note: Mast is detached for shipping! $96,500 + Freight You Tube Machinery Videos Sell Us Your Surpl. ago. Search. This will provide acquirers with the opportunity to develop and review enhanced or incremental. Formerly known as the Terminated Merchant File (TMF), the MATCH list contains information about businesses whose card. ”. It is true, but there is such a thing as a merchant account blacklist. The bank that added a merchant to the MATCH list are the. This list is handled by MasterCard and acts as a resource for all the acquiring banks to identify businesses that have had their merchant. 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. [1] In the case of Mastercard and American Express it is known as the MATCH list. • 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. Related Clauses. 3. The payment gateway is usually provided in conjunction with the merchant account but it is a separate service. Overall, PCI payments compliance includes four clearance and category levels, numbers one. Key Points: Stripe often terminates or freezes merchant accounts without warning or explanation, leading to account closure and held funds. The company’s products and services include point-of-sale solutions, mobile phone swipers, an online payment gateway and virtual terminal, EMV-compatible. 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. Acquiring banks and credit card processors use it to keep track of. Email : [email protected] simple answer: chargebacks. 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. Based on the information provided, the acquirer will decide whether or not to approve the new merchant account application. USP-NF means the current edition of the United States Pharmacopeia-National Formulary. Key Takeaways. 0800 304 78 75. Best Merchant Accounts for Terminated Merchant Files: 1. 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. Open Search. Beyond your financial records, tax history, and credit score, some underwriters will also run a business search on your name and your. When your business is in a high-risk industry it really pays to do your research and find a quality processor. 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. Terminated Merchant File list . Closed because of changes in Risk policy at the bank. Merchants remain on the list for five years and can only be removed by the same bank that added them to the list. When your business is in a high-risk industry it really pays to do your research and find a quality processor. Related Clauses. Merchant Accounts. Terminated Party; Eligible Termination; Customer channel termination point. There are a number of disqualifying acts that will place merchants on the TMF list. 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. • Must be located within the acquirer’s jurisdiction. Quarterly PCI scans , administered by an approved scanning vendor, may. Processors can add and search for information about up to five principal and associate business owners per merchant. Get A Quote. Acquiring Banks consult this list when determining whether or not to extend a merchant account to a given business, and in. Customer: Does anyone really know about Terminated Merchant File TMF, Chase Pamentech has balcklisted me. 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. savur. Contract Type. You can contact Merchant Stronghold for details related to TMF or MATCH. In this situation, we will not be able to. 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. 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. The chances are slim to none of getting approved once your name hits the list. Excessive. This blacklist is famously known as. 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. This warns potential service providers that this merchant is extremely risky. There are several common ways merchants end up on the Terminated Merchant File (TMF), or “MATCH (Member Alert to Control High-Risk). 4 billion. Both lists operate similarly and contain information about merchant accounts. 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. You can still get a merchant account while being on there - the processor will just want to know a lot of information and your discount rate might be a bit higher or you might have a reserveIs your business on the terminated merchant file (TMF) list? The TMF list is also known as the MATCH List. The Terminated Merchant File (TMF), also known as the MATCH list, is a database that contains information about businesses that have had their credit card processing services terminated by a provider. Terminated. The merchant was found to be violating one of. States will most likely reject a UCC-3 that is both an amendment and continuation. PCI Compliance RequirementsAfter weeks of fueding, they placed my company on the Match List/ Terminated Merchant File (TMF). The Terminated Merchant File (TMF) has a sole purpose of preventing listed merchants from creating new merchant accounts with different acquirers, using credit card processors and using Visa merchant services. Failure to Pay Final Bill – Another reason for being listed on the TMF, if you have failed to pay your final bill, it could be as simple as mending your fences with the company by taking care of your debt. How to Stay Off the MATCH File June 4, 2008 Posted by Michael Brooks in Chargebacks, Industry Compliance, Risk and Fraud Management. 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. Description. As a result, other processors will know about all this, thus it’ll become more challenging for you to get approved for another merchant account. 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. Table of Contents Visa Global Acquirer Risk Standards: Visa Supplemental Requirements vi Visa Public 1 October 2018 Notice: This is VISA PUBLIC information. Search for: Latest Articles. • Cannot act as a sponsor for another Payment Facilitator. An acronym for the Member Alert to Control High-Risk Merchants, MATCH is a powerful national database. Unfortunately, any business that appears on the MATCH list is almost guaranteed to be denied a merchant account. “ The Terminated Merchant File or TMF is a list compiled and managed by MasterCard, of business owners (merchants) whose accounts have been terminated in. Terminated Merchant File (TMF) Definition. Laundering. Merchants must first contact the acquiring bank that terminated the account. 2 DEPOSIT OF FUNDS TO MERCHANT POOL ACCOUNT Our sponsor banks will deposit to the non-interest bearing pooled account titled in the name of our sponsor bank for the benefit of all ProPay merchants (“Merchant Pool Account”) all amounts of Card and ACH transactions complying with the terms of this agreement and the. Termination. The MATCH List is, effectively, the only TMF currently in use. Common Point of Purchase. In 2020, U. Blog / MATCH list. In short, MATCH resembles a “blacklist” that financial institutions can use to cross-check you and board you as a new merchant. Apply to a direct merchant account and use Authorize. Getting on the TMF list is the equivalent of getting. there is another list called the Terminated Merchant File (TMF). MATCH acts as an invaluable tool to assess the potential risk prior to approving a Merchant. Open Split View. Merchants whose merchant accounts fall under the. If you’re on it then this sends up a red flag to banks that you’re a credit risk. Also referred to as the TMF (Terminated Merchant File), MATCH is a system created and managed by MasterCard. To me it seems only to penalize the honest companies that may have had excessive chargebacks for one reason or another. TMF (Terminated Merchant File): A “black-listing” of merchants that have had a merchant account terminated for violating a merchant agreement. This information has been aggregated into the file known as the MATCH List (Merchant Alert To Control High-Risk). One of the most challenging things a merchant faces is going on the blacklist by the credit card companies, such as Visa/ Mastercard. Payment processors check MATCH for each new potential account to mitigate their own risk and keep their business safe. the acquirer on behalf of the sponsored merchant. Search. 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. (All contracts in excess of $10,000) Pursuant to the above, when federal funds are expended by ESC. Closed because of high. Terminated Merchant File, or TMF listing, was the term employed the most in years past but MATCH has become more commonly used as of late. Search for: Get Started Get Started. 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. A MATCH listing, or a TMF (Terminated Merchant File) means you have previously had a processing agreement terminated. A lot of providers now offer month-to-month billing. 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). What a horrifying concept! This should really get a lot more press around here. 2%, you’ll pay 7. Card networks, such as Visa and Mastercard, operate databases known as Terminated Merchant Files (TMFs) that contain information about accounts that have been closed. 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. After submitting the application, merchants will need. This warns potential service providers that this merchant is extremely risky. Unlock Your Business Potential: Overcoming TMF Challenges with Expert TMF Merchant Consulting Services. 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. It’s basically an eCommerce list that warns other financial institutions. 7:59 pm on Oct 11, 2005 (gmt 0) Does anyone know how long you remain on the TMF. 4. Some people still refer to this list by its former names, the Terminated Merchant File (TMF) or the Combined Terminated Merchant File (CTMF). Best for online and international sellers: Durango Merchant Services. Moreover, you may have difficulty opening a new merchant account if you’re account is terminated and listed under Terminated. . Linkedin. The TMF (Terminated Merchant File) or MATCH (Merchant Alert to Control High-Risk) list is a database of businesses that previously had payment processing revoked by a processor or an acquiring bank. The data is kept on a MasterCard database, and prospective financial providers check this database before taking on any accounts. This list serves as a powerful tool for banks to identify high-risk merchants. The Terminated Merchant File is a list of businesses that Visa and Mastercard keep track of. Request them to give you the reason and reason code under which you were added to the MATCH. Search. Ask questions. The merchant must apply for a high-risk merchant account with stiff processing fees, monthly fees, and restrictions. The TMF (Terminated Merchant File) list is a database of businesses that have previously had a merchant account terminated by a processor or bank. You’re following the rules, and as far as you know, doing everything right. 1% + $0. 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. 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. Facebook. Remove Advertising. When a payment processor terminates a merchant file, they may submit that merchant’s information to the MATCH list. Inquire for terminated merchants. Acquiring banks also have the capability to include or remove you to or from the MATCH data source. Landing. Hello, MATCH is only accessible to registered MasterCard. Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guideline. Top Merchant Service for Terminated Merchant Files Based in Woodland Hills, California, PaymentCloud is a merchant account provider that specializes in serving high-risk business types. 5:07 pm on Apr 1, 2005 (gmt 0) Anybody knows Is it possibly to find TMF somewhere in Net? blaze. Tiered pricing usually offered to bad credit merchants. However, merchant service providers. We specialize in assisting merchants that have been terminated and had their merchant account or payment system closed, High risk merchant services and terminated merchant consulting specialists. If you are in an impossible situation, don’t. Excessive chargebacks are the most common reason for being on the MATCH list, but other causes include security issues, illegal activity, bankruptcy, identity theft. who do not have a traditional acquiring relationship. Terminated Merchant Files (TMF) and the MATCH List. So my last processor made the rash decision to place a tmf file (terminated merchant file) on my account. Acquirers and processors can reference the list to help determine the risk factor of a potential new client. Customer channel termination point means the location where the customer either inputs or receives the communications. 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. It’s also referred to as a Terminated Merchant File (TMF). Rating: Excellent. 4. When a bank considers whether or not to accept you for. 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. TMF abbreviation stands for Terminated Merchant File. If you are in an impossible situation, don’t. 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… Advertisement CoinsThe MATCH list is the more comprehensive version of the now-obsolete Terminated Merchant File, or TMF. 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. We approve 95% of applicants! I. Match List of Merchant Accounts. And, not be over-dramatic here, this can be one of the worst things that can happen to a merchant. Your business is considered high risk. Have been added to the MATCH list over five years ago. Unfortunately, any business that appears on the MATCH list is almost guaranteed to be denied a merchant account. And get hold of an expert for the resolution of the issues that you are facing. Termination may be caused by money laundering or deception and prevents accepting get cards as a form of payment. Terminated Merchant Databases must meet at least the following standards: - 3 - 1. The impact of chargebacks on a business’ bottom line is significant. Related to TERMINATION AND COMBINED TERMINATED MERCHANT FILE. Resources. 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. 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. 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. 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. The Terminated Merchant File (or “TMF” or “MATCH List”) is a log of merchants maintained by Mastercard. 4. Billing and Collection Customers; Receivable Files Complete; Complete Servicing File; Client. Consequences of chargebacks on merchant businesses The Big Three of credit card networks (Visa, MasterCard, and American Express) supervise their merchants’ chargeback ratios. If you have been recently turned down for a merchant account because you or your business is on the MATCH or TMF list, this term refers to the Terminated Merchant File (TMF), the Member Alert to Control High-Risk Merchants (MATCH), or the Combined Terminated Merchant File (CTMF). Should Merchant do so, Bank or NP may immediately terminate this Agreement, have all funds placed into a Reserve Account pursuant to Section 15 below and be placed on the “Combined Terminated Merchant File” as required by the Rules. Approvals of future applications for merchant account are highly unlikely for merchants in this list. Open Search. Terminated Merchant File (TMF) by NMA. Jurisdiction. Jul 17, 2021 Woocommerce Security Woos. 4. BankCardLaw is a premiere provider of customized electronic payments legal services. The vast majority of these accounts found. Previous company financial failure. It is possible to get your business’ operations back on track. You will find that when you call Mastercard, you'll be given the runaround, and the ball rolls much slower. 1 vote. 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. 40. The purpose behind MasterCard creating this list was to “identify a potentially high-risk merchant before entering into a merchant agreement”. What Is The Dreaded TMF File. MATCH List is occasionally referred to as Terminated Merchant File. All positive MATCH responses are thought about “possible matches” because the search mechanisms can not guarantee a real and exact match with absolute. Merchant Services Organizations keep payment processing information file, which contains data recorded by banks. Non-compliance. 6), 2. Usually filed prior to the five-year lapse date. Fastest application process: Soar Payments. When you apply for a merchant account, the bank will check to see if you are on the Terminated Merchant File (TMF). Generally speaking, no processor will provide an. A terminated merchant file ( TMF) is a tool used by credit card processing companies to screen potential merchants before giving them a merchant account. especially those added to the terminated merchant file (TMF) or flagged with a member alert to control high-risk merchants. Call us Toll Free (866) 509-7199 Is your business on the MATCH list or terminated merchant file (TMF) list. That means that you probably won’t be able to find another processor anytime. This is a file that Visa and MasterCard contribute to in order to keep track of merchants that have funds due, excessive chargebacks, or have committed fraud. It is also known as a TMF or the MATCH list. TMF/Match Problem, you may or may not have been informed that your Merchant Account is on 100% reserve before being terminated!. 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. PaymentCloud: Payment Cloud is a good option for TMF/MATCH merchants in all industries. Inquire against the MATCH database. The primary reason why your business may end up in the terminated merchant file is due to excessive and repetitive. 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. Merchants on the receiving end of a terminated merchant account are often placed on the TMF MATCH list. How Merchants Get On the List. MATCH List and Terminated Merchant File (TMF) Oct 11, 2022. Just got blackballed by MATCH by MasterCard : r/personalfinance. Ask questions. Terminated Merchant File Garya. The TMF list is an older term that’s not used much today. It is accessible to acquiring banks and payment processors to help them evaluate the risk associated with a merchant. Resources. A merchant account for terminated merchants allows businesses continuity even if they were previously put on a TMF by a credit card processor. 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. Related to TERMINATION AND COMBINED TERMINATED MERCHANT FILE. At Mastercard, this database is called the MATCH list as described above. Code 01: Comprise of account data: if you unintentionally or unknowingly facilitated by whatever means, the use or disclosure. What is the MATCH list? On the surface, it sounds like something positive. The terms “Terminated Merchant File (TMF)” and “MATCH list” are often used interchangeably, but they’re a bit different. Usually offers tiered pricing to bad credit merchants. Typical reasons for this label is that your account is considered to be at a higher risk of fraud, chargebacks, or a high number of returns. Setting up a new merchant account is a time-consuming process full of screenings, rules, regulations, and laws that must be adhered to. • Cannot act as a sponsor for another Payment Facilitator. It is possible to get your business’ operations back on track. This is a file that Visa and MasterCard contribute to in order to keep track of merchants that have. If the issue persists, the. When acquirers add a merchant to the TMF, it marks that business as a risky venture, warning other acquirers from doing. Terminated Merchant File (TMF) Terminated Merchant Print (TMF), other known how Member Alert To Control High Risk (MATCH), contains names of merchant and associated persons. It’s also referred to as a Terminated Merchant File (TMF). Most high-risk merchant accounts are terminated within the first three months of their existence. Did some research, and VISA and Mastercard does have a blacklist called TMF (Terminated Merchant File)which is now called MATCH. 5 billion in 2019. 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. All payment processors must check these databases when accepting a new user,. 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. The way the rules are written by MasterCard, you don't have a direct. TMF stands for terminated merchant file, whereas the MATCH list stands for Member Alert to Control High-Risk Merchants. - They will have an instant source of income. Finding out your merchant account has been closed is a serious setback, but it doesn’t have to be a permanent one. When your electronic payments acceptance is at – risk and the life of your business hangs in the balance. the acquirer on behalf of the sponsored merchant. I have been put in a circlular go no where file. The merchant can use preventive measures to avoid getting into the Terminated Merchant File or Member Alert To Control High- Risk. 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. 08/15/2023. After a quick internet search, you find a provider offering “instant merchant account approval” for high risk credit card processing. Msg#:655572 . Previously Terminated Merchants. A concluded merchant store (TMF) is a. For example, services are considered a higher risk compared to physical products. It is also known as the MATCH (Member Alert to Control High Risk) list. 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 MATCH system is technically a MasterCard system but the banks are the ones that add/remove merchants from MATCH. Terminated Merchant File (TMF) is a general term for a merchant blacklist such as the MATCH List. Our account will enable you to expand your business by reaching more customers and accepting their payments. . The terms “Terminated Merchant File (TMF)” and “MATCH list” are often used interchangeably, but they’re a bit different. American Merchant Systems can help. If you’re on it, this means that another bank has. • Must be located within the acquirer’s jurisdiction. 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. The MATCH List Is a Blacklist. Terminated Merchant File (TMF) by NMA. In 2005, it evolved into the. Being on TMF makes it very difficult for a merchant to find another servicer willing to process. 75. Closed because of changes to business format, structure or process. Bankruptcy. Under rules covering the Visa/Mastercard Terminated Merchant File rules, it may take years to have your merchant accounts up and running again. MATCH is used to verify if you have had a merchant account terminated in the past. In 2005, it evolved into the. However, merchant service providers. There are some ways to get one off the MATCH list. • Cannot be listed on the Terminated Merchant File (TMF), or similar files. 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. Msg#:655571 . How to remove a terminated merchant file from the MATCH list. This refers to a database file commonly called the Terminated Merchant File or simply TMF. 75 on that transaction. Country. The MATCH system is often referred to as the Terminated Merchant File (TMF). Quite simply, the MATCH (Member Alert to Control High Risk Merchants) record compiles information on companies and their owners. The MATCH list is essentially a blocklist for credit card processing. Open Search. Acquiring banks also have the capability to include or remove you to or from the MATCH data source. kassius79 • 2 mo. The MATCH list (previously referred to as the Terminated Merchant File or TMF) is a database identifying merchants who have had their payment processing. Merchants wind up on the MATCH list for a variety of reasons, including: Excessive chargebacks. 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. When a merchant is transferred or reported to MATCH, "it means that the card processor has stopped accepting new transactions. ” “The List,” of course, is the MATCH/TMF list. Merchant will also immediately cease requesting Authorizations. Acceptable Use Policy. The Terminated Merchant File (TMF) is an older list relaunched as MATCH. 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. 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. Related Definitions. Therefore, TMF list removal is as crucial as MATCH list removal. 17. To avoid that fate, you have to remain in full compliance with the terms of your agreement. It’s basically an eCommerce list that warns other financial institutions. 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. Whether you are. James Huber and Chris Dryden are recognized experts in the payments space, and I do highly recommend their services to others! Contact us to set up a consultation today to see how our expert attorneys can help you get off the MATCH list and back in business. ” This stands for Mastercard Alert to Control High Risk Merchants. A few weeks later, I had signed up for two new merchant processing accounts and Steve had sent me $1,000. 1) Stay off the Match List. If you have been placed on Terminated Merchant File (TMF) or Member Alert to Control High Risk Merchants (MATCH), we can help. 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. Mastercard maintains the TMF and keeps track of revoked merchant accounts. Merchants belonging to the MATCH often face more difficulty in obtaining a merchant account or payment processor. Once on this list, getting approved for your high-risk merchant account domestically or internationally can take years. 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.