Once. • Cannot act as a sponsor for another Payment Facilitator. #3. Bank is required to report the business name of Merchant and the names and identification of its principals to the Terminated Merchant File (the “MATCH System”) maintained by MasterCard when Merchant Bank determines that Merchant has been terminated for one or more of the reasons specified in Visa. Closed because of high. How? For starters, rethink whom you do. You or your business are listed in the Terminated Merchant File (TMF)/MATCH File **** ** In a personal conversation, Bank of America Merchant Services outlined the reason for a personal credit check as follows:. Credit card processors throughout the world have shut off the. 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. Merchants are added to the file if any of their MIDs are canceled for breaching standards set by the card schemes. Check to ensure your name or the name of your business does not appear on the MATCH list. Fastest application process: Soar Payments. 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. TMF used to. In order to be removed from the terminated merchant file MATCH list, a merchant must contact a former provider and request removal. Payment processors check MATCH for each new potential account to mitigate their own risk and keep their business safe. Company Termination Fee means an amount equal to $1,000,000. Terminated Merchant Databases must meet at least the following standards: - 3 - 1. Previous company financial failure. 4. PaymentCloud: Best for free credit card terminal. 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). It is also known as the MATCH (Member Alert to Control High Risk) list. Suggest. Code 01: Comprise of account data: if you unintentionally or unknowingly facilitated by whatever means, the use or disclosure. (Terminated Merchant File) is a watch list that is maintained by MasterCard and is also accessed by Visa and American Express. com is positive. Additional filters are available in 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. Durango Merchant Services: Best for eCommerce merchants. Step 1. Banks and. Terminated Merchant Files. If you are in an impossible situation, don’t. Software and E-Books. • Must be located within the acquirer’s jurisdiction. Merchants on the MATCH or TMF (terminated merchant file) list; Merchants selling over 10% to international clients;. To change: To add your location to the store locator search click the checkbox under the Opt-In column. To be removed from the Mastercard MATCH list, a merchant must: 1. When a bank considers whether or not to accept you for a. It has a sterling online reputation that any provider would envy. 2%, you’ll pay 7. In the world of business, it becomes imperative for those involved in the merchandising/retail end of businesses to have knowledge of the merchant terminated file (TMF). That way, they won’t obtain. MATCH acts as an invaluable tool to assess the potential risk prior to approving a Merchant. Said action may result in Merchant’s being restricted from settling Transactions with any bank in the future. MATCH List is occasionally referred to as Terminated Merchant File. 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. 5 billion in 2019. Cliq typically offers a three-year contract through Cynergy Data with a Liquidated Damages-style early termination fee. Surviving the termination of a merchant account. Inquire for terminated merchants. Browse. When a business's merchant account is terminated, the reason why is typically recorded in the merchant's file. The database houses information about businesses who have had previous processing agreements terminated. Related to Combined Terminated Merchant File. This will provide acquirers with the opportunity to develop and review enhanced or incremental. 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. You can contact Merchant Stronghold for details related to TMF or MATCH. Categories. The MATCH list, also commonly referred to as Terminated Merchant File (TMF), is a list used to screen potential merchants by credit card processors before approving them for a merchant account. Terminated because of change of AUP (Acceptable Use Policy) at the bank, meaning that the merchant is now outside of account criteria. The merchant’s name will also be added to the shared Terminated Merchant File (or TMF). 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. Providers use the system to screen applicants, looking for any history of termination in the past. 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 MATCH file is a detailed electronic list of businesses that have had one or more merchant accounts terminated by their acquiring bank. MATCH is operated by MasterCard; TMF is operated by Visa. What a horrifying concept! This should really get a lot more press around here. GNF, Group Negative File, is First Data’s internal list of businesses that they have had any. 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. Information on the MATCH list may not be up to date or even confirmed by the acquiring bank that placed the merchant on the 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. 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. 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. Email : amslv@cox. The MATCH List is, effectively, the only TMF currently in use. This will provide acquirers with the opportunity to develop and review enhanced or incremental. The Terminated Merchant File can devastate a business, and once your merchant account has been terminated and you are placed on the list you can have a nearly impossible time finding another merchant account. 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. In addition, noncompliance can lead to your company being placed on the Visa/ MasterCard Terminated Merchant File (TMF). Jurisdiction. The payment gateway is usually provided in conjunction with the merchant account but it is a separate service. That isn’t the case with Soar Payments, however. Just got blackballed by MATCH by MasterCard : r/personalfinance. Inquire against the MATCH database. Businesses on the MATCH list have had merchant accounts terminated previously or deemed a significant risk for payment processors. 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. Drug Related Crimes. 0800 304 78 75 [email protected] Merchant Advice Service Ltd. The listing includes the name of your business, your website, and your physical address along with the names of all partners. Businesses unfortunate enough to make this list are essentially blackballed by many financial institutions. shall not include the Person set forth on Schedule 2. TMF is a related acronym that stands for Terminated Merchant File, but has recently been replaced by MATCH. Of course, eventually, they are discovered by their bank and typically have their accounts terminated. Fastest application process: Soar Payments. The merchant’s name will remain on that list for five years. Termination Inquiry API allows Acquirers to identify Merchants and Agents terminated by other Acquirers and pull the termination details directly from the Terminated Listing Database. The MATCH system is also known as the. Click Access IIAS forms on the right side of the page. 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. To me it seems only to penalize the honest companies that may have had excessive chargebacks for one reason or another. (c) not be listed on the VISA Terminated Merchant File, MasterCard MATCH, or any other prohibited merchant list. This is a file that Visa and MasterCard contribute to in order to keep track of merchants that have. Even if you think you know the reason for the account cancellation, make sure you ask. When filing a UCC-3, only make one change at a time. Dynamic merchant search: Designate regions/countries and use multiple fields to determine possible matches; Principal owner search: Add and search for information about up to five principal owners per merchant inquiry; Terminated merchant inquiry: Inquire about a merchant to find out if they have been previously added to MATCH The Visa® merchant aggregation model covers all commerce types, including the face-to-face and e-commerce environments, and helps to increase electronic payment acceptance for merchants. Mastercard maintains the TMF and keeps track of revoked merchant accounts. How to Cancel with No Termination Fees. 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. Although no company can guarantee the results, in HigherRiskMerchantProcessing we will try our best to find your. the acquirer on behalf of the sponsored merchant. A Terminated Merchant File is used by processing companies to screen merchant account applicants. It is regarded as a national database related to merchants and their principal owners whose accounts have been terminated for this or that reason. 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. This was done to prevent a risky business from applying for a new account or opening an account with another major credit card company. Slightly Higher Rates: Merchants on or previously on the terminated merchant file may be subject to higher rates — decided upon by the bank – for credit card processing, from anywhere between 3-12 months. Exclude Keywords. Account Data Compromise. A Terminated Merchant File is used by processing companies to screen merchant account applicants. Abbreviation is mostly used in categories: Dealer Merchant Accounting Card Business. 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. This refers to a database file commonly called the Terminated Merchant File or simply TMF. ”. Open Search. Tiered pricing usually offered to bad credit merchants. If you’re on it then this sends up a red flag to banks that you’re a credit risk. Pricing. 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. Rating: Excellent. I have been put in a. How to Cancel with No Termination Fees. 4. About This Guide Visa Global Acquirer Risk Standards: Visa Supplemental Requirements 1 October 2018 Visa Public 1 Notice: This is VISA PUBLIC information. Search. When a bank considers whether or not to accept you for. 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. Search. Formerly referred to as the Terminated Merchant File (TMF). The merchant can use preventive measures to avoid getting into the Terminated Merchant File or Member Alert To Control High- Risk. • Must be located within the acquirer’s jurisdiction. However, merchant service providers. Description. It is called the MATCH list for Mastercard and American Express. MATCH, or Member Alert to Control High-Risk, is a tool created and managed by Mastercard for use by credit card processing companies to screen potential merchants before signing them up for s merchant account. Please contact us at 1-800-930-4476 and we can find out if you’re eligible for a merchant account. If you come across it, just know that it’s the. In short, MATCH resembles a “blacklist” that financial institutions can use to cross-check you and board you as a new merchant. • Must be located within the acquirer’s jurisdiction. After a quick internet search, you find a provider offering “instant merchant account approval” for high risk credit card processing. • Excluded merchant types (but may be signed under direct acquiring agreements): InternetThe MATCH List Is a Blacklist. The Mastercard MATCH list is essentially just a newer, rebranded version of the TMF, thus many use these terms interchangeably. Key Takeaways. Cliq is a merchant account provider that previously operated under the name CardFlex. Best one-stop shop: First Card Payments. Quarterly PCI scans , administered by an approved scanning vendor, may. 7:59 pm on Oct 11, 2005 (gmt 0) Does anyone know how long you remain on the TMF. The terms “Terminated Merchant File (TMF)” and “MATCH list” are often used interchangeably, but they’re a bit different. Furthermore, in this article, we will. Contract Type. Most high-risk merchant accounts are terminated within the first three months of their existence. The TMF (Terminated Merchant File) list is a database of businesses that have previously had a merchant account terminated by a processor or bank. 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. Payment Gateway Processor:. We understand the complexities in. 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 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. Merchants remain on the list for five years and can only be removed by the same bank that added them to the list. Complicit merchants could have their merchant accounts closed, be added to a Terminated Merchant File database, which will block them from setting up further accounts, and even face legal issues. Our account will enable you to expand your business by reaching more customers and accepting their payments. Terminated Merchant File Sample Clauses. Terminated Merchant File and Match File. A PayPal merchant ID, or “MID,” is a 13-character string of random numbers and letters. Good news, though – you no longer have to worry about getting off the TMF list since the more comprehensive MATCH list replaced it. MasterCard Worldwide created and maintains the MATCH list, which also. Msg#:655571 . Payment Capture. *. Mobile Banking, Commerce 8 y. 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. 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. 623-321-4699 Menu. One of the largest card brands, Visa, operates a database called the TMF List, which stands for Terminated Merchant Files. Apache/2. Many translated example sentences containing "terminated merchant file" – Spanish-English dictionary and search engine for Spanish translations. 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. Documents to Obtain a TMF Merchant Account. Additionally, your merchant will likely be added to a file known as the Terminated Merchant File (TMF). TMF is short for “Terminated Merchant File” and MATCH stands for “Member Alert to Control High Risk. USP-NF means the current edition of the United States Pharmacopeia-National Formulary. Contract Type. In particular, processors are required to:. The Terminated Merchant File or TMF is now known as MATCH. Contract Type. Jurisdiction. Even if you think you know the reason for the account cancellation, make sure you ask. Getting on the TMF list is the equivalent of getting. Reporting is mandatory if the merchant is terminated for credit or debit. This list was initially created by MasterCard to help ISOs and acquiring banks in their underwriting process. Merchants belonging to the MATCH often face more difficulty in obtaining a merchant account or payment processor. All payment processors must check these databases when accepting a new user,. You might be wondering what exactly the terminated merchants file (TMF) or match file is? This list contains merchants that have had their merchant accounts closed. Created by MasterCard it’s a main resource for acquiring banks and payment processors that flags you is a credit card processor lost money with you. The company’s products and services include point-of-sale solutions, mobile phone swipers, an online payment gateway and virtual terminal, EMV-compatible. 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. 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 data is kept on a MasterCard database, and prospective financial providers check this database before taking on any accounts. This list is handled by MasterCard and acts as a resource for all the acquiring banks to identify businesses that have had their merchant. To avoid appearing on the MATCH list, you should make sure the directors you appoint or even major shareholders in the business have a clean history. 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. Customer: Does anyone really know about Terminated Merchant File TMF, Chase Pamentech has balcklisted me. Being listed on the TMF match list can make it difficult for merchants to obtain new merchant accounts or payment processing services, as it. 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. Excessive. Merchants wind up on the MATCH list for a variety of reasons, including: Excessive chargebacks. When a bank is considering whether to accept you for a. Created by Mastercard, this list is composed of businesses who have had their. It is possible to get your business’ operations back on track. Here’s a list of those codes and what they mean: 01: Account Data Compromise. We approve 95% of applicants! I. kassius79 • 2 mo. ” The MATCH, also known as Terminated Merchant File (TMF), alerts account providers to any applicants who have had an account terminated. TMF, which stands for “Terminated Merchant File,” is a database that lists merchants that have been terminated for cause and functions as a blacklist that banks use to screen high-risk merchants. To obtain a TMF merchant account, businesses must begin by filling out EMB’s simple online application. Open Search. An acronym for the Member Alert to Control High-Risk Merchants, MATCH is a powerful national database. Mastercard created the MATCH list to better catalogue and track high-risk businesses. All payment processors must check these databases when accepting a new user,. the acquirer on behalf of the sponsored merchant. We are currently able to locate over 10 Cliq negative reviews, some of which accuse the company of being a ripoff or a scam. 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. Is your business on the MATCH list or terminated merchant file (TMF) list. 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. I received an email that my application could not be processed due to association with cannabis, why?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. Of course, none of the above are ideal. 9% + $0. Billing and Collection Customers; Receivable Files Complete; Complete Servicing File; Client. When a merchant is transferred or reported to MATCH, "it means that the card processor has stopped accepting new transactions. How are merchants listed in the. Recent Stories. 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. The. Also, we provide specialized support to the high- risk merchants, credit card processing, and merchant account issues. Ogden and BankCardLaw in 1994. API. The Terminated Merchant File is shared among processors and acts as a blacklist, where merchants with high risk accounts or excessive. 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 from. Have been added to the list by mistake (SRP, Rule 11. Scroll down to the DBA section. This information has been aggregated into the file known as the MATCH List (Merchant Alert To Control High-Risk). Signing up with the wrong processor greatly increases your chance of landing on the. 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. Once a. You are blacklisted in the Terminated Merchant File (TMF). Terminated Merchant File (TMF) by NMA. A termination is a public notice and record that the secured party no longer has interest in the collateral. PCI Compliance Structure. 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. 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. One of the most challenging things a merchant faces is going on the blacklist by the credit card companies, such as Visa/ Mastercard. 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. Click on the Online Form link next to your certification. MATCH List and Terminated Merchant File (TMF) Oct 11, 2022. The Terminated Merchant File (TMF) is an older list relaunched as MATCH. It also notifies other acquirers that there’s something not right with your business. There are some ways to get one off the MATCH list. 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. Merchant accounts can be difficult to obtain and can be suddenly closed down for a variety of. 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. Acquiring banks and credit card processors use it to keep track of. Remove Advertising. The. This blacklist is famously known as “TMF or MATCH ” list. Terminated Merchant File list . Being on the MATCH list shows that your business caused so many problems that your Merchant Account was terminated and. Search. After submitting the application, merchants will need. 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. Contracts. 1 vote. A terminated merchant file (TMF) is a tool used by credit card processing companies to screen potential merchants before giving them a merchant account. Card networks, how as Visa and Mastercard, operate databases known since Terminated Merchant Files (TMFs) that contains information about book that have been closed according credit card processors around aforementioned world for high chargebacks or violate of card type rules. 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. TMF (Terminated Merchant File): A “black-listing” of merchants that have had a merchant account terminated for violating a merchant agreement. You should know from the bank how to get off the MATCH or TMF. A merchant account for a high-risk business card. The MATCH system is often referred to as the Terminated Merchant File (TMF). For example, if you have an unusually large transaction, call your account provider’s fraud team to let them know about it. EMB), you still. Terminated Party; Eligible Termination; Customer channel termination point. This warns potential service providers that this merchant is extremely risky. Why is this list important? Acquiring banks use the list to screen potential. The best solution is to avoid the early termination fee (ETF) before entering a merchant account agreement. Usually filed prior to the five-year lapse date. New: A guide to Google Search ranking systems; Google October 2022 Spam. The Terminated Merchant File (TMF) is a list of business owners with flagged merchant accounts. • Cannot be listed on the Terminated Merchant File (TMF), or similar files. Terminated Merchant File (TMF) Definition. there is another list called the Terminated Merchant File (TMF). When a merchant account was terminated by Mastercard, the company was considered blacklisted and its name was added to a Terminated Merchant File (TMF). The worst that can happen to an online business is a termination of its merchant account. We also have a 24/7 open toll-free number +1 (727) 330 – 3944 for the users. It was created by. The MATCH list is essentially a list of terminated merchant files (TMF) that meet specific conditions. Being on TMF makes it very difficult for a merchant to find another servicer willing to process. Match List of Merchant Accounts. 60 just to take the money. If your business is on this list, you’ll likely not be able to open a merchant account for a minimum of 5 years. Key Points: Stripe often terminates or freezes merchant accounts without warning or explanation, leading to account closure and held funds. How to remove a terminated merchant file from the MATCH list. In Summary: 5 Best Bad Credit Merchant Account Providers. About;. Search. A terminated merchant file ( TMF) is a tool used by credit card processing companies to screen potential merchants before giving them a merchant account. Before a business owner can be approved for a merchant account to process credit card payments, financial institutions use a tool known as a Terminated Merchant File (TMF) or MATCH list to. Rating: 1. 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. 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. Complicit merchants could have their merchant accounts closed, be added to a Terminated Merchant File database, which will block them from setting up further accounts, and even face legal issues. Filter & Search. This list, which resembles McCarthy’s black list during the cold war, is a stop-all flag that credit card processing companies in America abide by. Based on the information provided, the acquirer will decide whether or not to approve the new merchant account application. Related to TERMINATION AND COMBINED TERMINATED MERCHANT FILE. It is also known as the MATCH (Member Alert to Control High Risk) list. Define Terminated Merchant. 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 blacklist further cements my inability to attain another merchant account through my own bank (who refused after they heard about the TMF). Your business is considered high risk. 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. In short: capture is the point at which you get paid for a sale. TMF, MATCH file and GNF:. A Terminated Merchant File (TMF) is like a blacklist for businesses that handle credit cards. Approvals of future applications for merchant account are highly unlikely for merchants in this list. • Cannot act as a sponsor for another Payment Facilitator. Formerly known as the Terminated Merchant File (TMF), the MATCH list contains information about businesses whose card. The important thing to remember is that you cannot change nor edit this number. As the name implies, businesses are included in the file if any of their MIDs are canceled due to…The list is an updated version of the TMF list, also known as the Terminated Merchant File. MATCH stands for Member Alert to Control High-Risk Merchants and it’s also known as Terminated Merchant File (TMF). TMF/Match Problem, you may or may not have been informed that your Merchant Account is on 100% reserve before being terminated!. Facebook. Today, the terms “MATCH list” and “TMF list” are still used interchangeably, even though the TMF list no longer applies. The effective termination date or; The date it received the termination notice by the merchant. (All contracts in excess of $10,000) Pursuant to the above, when federal funds are expended by ESC. Arguably the most impactful potential consequence of PCI non-compliance is winding up on a Terminated Merchant File (TMF). (SRP, Rule 11. Country. The MATCH list, also known as the Terminated Merchant File (TMF) maintained by Visa, is a database similar to the TMF. You can also be put on a file of terminated merchants. What does TMF mean? TMF stands for Terminated Merchant File (also. 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. 5:07 pm on Apr 1, 2005 (gmt 0) Anybody knows Is it possibly to find TMF somewhere in Net? blaze. Unfortunately, any business that appears on the MATCH list is almost guaranteed to be denied a merchant account. There are a number of disqualifying acts that will place merchants on the TMF list. Lowest Merchant Account Fees. If you are engaged in any of the restricted activities or business es prohibited under our Acceptable Use Policy, you may not use our Services. 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 so, you will have trouble acquiring a merchant account with reasonable rates if at all. Landing on the TMF is the ultimate consequence of excessive chargebacks. When your business is in a high-risk industry it really pays to do your research and find a quality processor.