If your company account has been placed on the Terminated Merchant File (TMF) or MATCH list, you might be concerned that it’s the end of electronic payment processing for your business.
Don’t give up, though.
At SeamlessChex, we provide merchant account solutions that help your business get back on track. Our TMF or MATCH list merchant accounts allow you to get back to receiving credit card and eCheck payments - without exorbitant account fees or excessive scrutiny.
As long as your business has a monthly processing volume of at least $50,000 per month, we can help your busines get approved for a credit card processing merchant account. With account approval, you'll be back with your merchant account in no time and will once again be able to accept credit card payments.
We can also set up SeamlessChex accounts for check processing (without a processing volume minimum) for MATCH/TMF merchants.
Stop living in fear of “The List!” Keep your business going with an innovative payment processing account that works for you and your account needs.
At SeamlessChex, we understand the difficulties merchants on the MATCH and TMF list face, and we strive to create merchant account solutions that support those companies. We believe that getting approved for a TMF or MATCH list merchant account shouldn’t be stressful, so we take the hassle out of payment processing to offer you flexible account solutions that suit every business.
If you’re not sure which TMF or MATCH list payment processing solution is right for your business, we’re here for you. Our merchant account team of payment processing experts is happy to talk with you, learn about your business, and help you discover which of our high risk merchant solutions best meets your needs.
Contact us today to get started.
Start accepting and sending customer payments today.
The Visa TMF (Terminated Merchant File) match list, also known as the MATCH list, is a database maintained by Visa that includes information about merchants who have been terminated or flagged for violating Visa's rules and regulations. When a merchant is added to the MATCH list, it signifies that they have had their merchant account terminated by a Visa acquirer due to specific reasons such as fraud, excessive credit card chargebacks, or violation of Visa's operating regulations. Any type of business can end up on the list, including businesses in high risk industries.
Being listed on the TMF match list can have significant consequences for a merchant. It can make it difficult for them to obtain new merchant accounts or payment processing services, as most acquiring banks and processors consult the list during their underwriting process. If a merchant is listed on the TMF match list, it's generally an indication to other bank and financial institutions that there may be increased risk associated with processing transactions for that merchant. It's important to note that the MATCH list is specific to Visa payments, and other payment networks may have similar lists with their own criteria and databases for terminated merchants. Merchants can end up on each networks' list, which can make it even more difficult to work with banks and financial institutions.
The Visa TMF (Terminated Merchant File) match list is a database maintained by Visa that contains information about merchants who have been terminated or flagged for violating Visa's rules and regulations for merchant payments. Being listed on the TMF match list can make it difficult for merchants to obtain new merchant accounts or payment processing services, as it signals to other bank or financial institutions that there may be increased risks associated with processing transactions for that merchant. Businesses can be added to the MATCH list for things like fraud, excessive chargebacks, and merchant collusion.
When a merchant is placed on the MATCH (Member Alert to Control High-Risk Merchants) list or TMF (Terminated Merchant File), it can have significant implications for their ability to obtain merchant accounts and payment processing services for their business. Here's what happens when your merchant account is placed on the MATCH list:
It's important to note that being placed on the MATCH or TMF list typically occurs due to serious violations or breaches of the payment network's rules and regulations. Businesses can be placed on the MATCH list unknowingly, but list merchants often know when they are in violation. These merchant violations can include fraud, excessive chargebacks, unauthorized or illegal activities, or repeated non-compliance with the network's operating guidelines.
If a merchant believes they have been erroneously listed or wishes to dispute their placement on the list, they should contact the acquiring bank or payment processor responsible for reporting the information to the MATCH or TMF database and follow their specific dispute resolution process.
Merchants are placed on the MATCH (Member Alert to Control High-Risk Merchants) list for various reasons. The primary reasons for a merchant to be listed on the MATCH list include:
It's important to note that being placed on the MATCH list is a serious matter for a merchant and can have significant implications for a merchant's ability to obtain payment processing services in the future. Acquiring banks and payment processors refer to the MATCH list to assess the risk associated with a merchant's business before approving or denying their application for a merchant account.