If caught, any funds that are in the pipeline to be paid from prior transactions will be frozen during an investigation. 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. Terminated merchant accounts are an important aspect of this information. 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. This means the merchant will find it harder to find a payment processor who will work with them. A MATCH listing, or a TMF (Terminated Merchant File) means you have previously had a processing agreement terminated. With the MATCH list, Mastercard combined a list with the TMF listing (Terminated Merchant File), so each list is utilized. It is. Card-issuing banks and merchant service providers have access to the MATCH list (also see Terminated Merchant File). Formerly known as the Terminated Merchant File (TMF), the MATCH list contains information about businesses whose card. Click Access IIAS forms on the right side of the page. TMF (Terminated Merchant File) is a list of merchants who have been terminated by their acquiring bank or payment processor due to fraudulent activities, excessive chargebacks, or violations of the card network’s rules and regulations. A Merchant can be placed on the MATCH List for various offenses determined. As many of you know, getting a tmf is a death sentence for merchant stores like mine because pretty much any processor you try to apply to in the future, sees this tmf file, and won't touch you with a ten foot pole. Such legal grounds may differ depending on theClose Search. 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. MATCH is the rebranded version of an older, more aptly named list, the Terminated Merchant File (TMF). Being placed on this list means that your merchant account has been terminated. When you apply for a merchant account, the bank or processor will check to see if you are on the Terminated Merchant File (TMF). Search. This blacklist is famously known as. Termination. Unfortunately, any business that appears on the MATCH list is almost guaranteed to be denied a merchant account. The TMF is a comprehensive database cataloging merchants whose accounts have been terminated due to reasons such as excessive chargebacks, alleged fraud, or non. All the dishonest companies would just start a new company with a differnt set. Being listed on the TMF or MATCH file can put a merchant out of business. 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. 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. Request them to give you the reason and reason code under which you were added to the MATCH. If your. • Excluded merchant types (but may be signed under direct acquiring agreements): InternetBased on our evaluation, the best high-risk merchant account providers are: Best overall (and most versatile): PaymentCloud. Overview. 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. As a result, businesses may end up with closed merchant accounts. Terminated Merchant Databases must meet at least the following standards: - 3 - 1. MERCHANT EXPRESSLY ACKNOWLEDGES that a Combined Terminated Merchant File ("CTMF") is maintained by Visa and MasterCard containing the business name a. Mobile Banking, Commerce 8 y. Software and E-Books. The Terminated Merchant File (or “TMF” or “MATCH List”) is a log of merchants maintained by Mastercard. Being a trusted provider, we specialize in High Risk Merchant Accounts and Terminated Merchant Accounts. Any merchant seeking to do business via the internet must have an e-merchant account. Acceptable Use Policy. 4. • Cannot be listed on the Terminated Merchant File (TMF), or similar files. Terminated Merchant File (TMF) identifies blacklisted companies, predating the MATCH list. Bad credit or being put on the Terminated Merchant File list shouldn't stop you from taking orders if you do some extra research first. You will find that when you call Mastercard, you'll be given the runaround, and the ball rolls much slower. Aliu also agreed to comply with "Payment Network Regulations" and acknowledged that if he violated those regulations Elavon was required to report him to the "Terminated Merchant File" known as MATCH. - They will have an instant source of income. Previously Terminated Merchants. Contract Type. Also, we provide specialized support to the high- risk merchants, credit card processing, and merchant account issues. Businesses, especially high-risk businesses , are placed on the MATCH/TMF list by engaging in fraudulent activity, defaulting on debt, accumulating too many chargebacks, or. Termination may be caused by money laundering or deception and prevents accepting get cards as a form of payment. To obtain a TMF merchant account, businesses must begin by filling out EMB’s simple online application. How are merchants listed in the. Terminated Merchant File. UCC-3 important points. Suggest. Put in its simplest terms, a terminated merchant file is a record that indicates whether or not a merchant should be able to obtain credit card processing capabilities. Payment Cloud provides a dedicated account rep to all new merchants for the life of the account. MATCH List and Terminated Merchant File (TMF) Oct 11, 2022. 4 billion. 17(a)(ii) of the BMO Xxxxxx BIN Sponsorship Agreement or any merchants of such Person. Terminated Merchant File (TMF) by NMA. Twitter. It is a system created and managed by MasterCard. • Cannot be listed on the Terminated Merchant File (TMF), or similar files. Reporting is mandatory if the merchant is terminated for credit or debit. (All contracts in excess of $10,000) Pursuant to the above, when federal funds are expended by ESC Region 8. The merchant must apply for a high-risk merchant account with stiff processing fees, monthly fees, and restrictions. • Must be located within the acquirer’s jurisdiction. Ogden and BankCardLaw in 1994. Higher fees and stricter terms : If a merchant is able to secure a new account with a high-risk provider, they will likely face higher credit card processing fees. It’s also referred to as a Terminated Merchant File (TMF). It is also known as a TMF or the MATCH list. 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. Filter & Search. 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 (TMF) is like a blacklist for businesses that handle credit cards. Once a. MasterCard, in general, puts the. MATCH system features. A merchant file is simply a record of a merchant and whether they’re considered in good standing. It is vital to contact Stripe customer support and consider partnering with another payment processor if funds are held. This is a file that Visa and MasterCard contribute to in order to keep track of merchants that have. 4. If you are in an impossible situation, don’t. The TMF is an international database managed by Mastercard that catalogues businesses and owners whose merchant accounts have been terminated. Merchant Accounts. If you have been placed on Terminated Merchant File (TMF) or Member Alert to Control High Risk Merchants (MATCH), we can help. Although no company can guarantee the results, in HigherRiskMerchantProcessing we will try our best to find your. The MATCH List (Merchant Alert to Control High-Risk) is also known as the Terminated Merchant File (TMF). In the world of payment processing, the terms TMF and MATCH are often used interchangeably. Fraud. 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. Clause: Terminated Merchant File. savur. The worst that can happen to an online business is a termination of its merchant account. Msg#:655572 . Visa or MasterCard processing banks or the acquiring banks use it in identifying specific principals and merchants that have been terminated. Define Terminated Merchant. Terminated. Or better yet - look for a merchant account provider with no long-term contract or ETF. There are a number of disqualifying acts that will place merchants on the TMF list. When a bank is considering whether to accept you for a. It is mostly a list of businesses and owners whose credit card processing privileges were terminated. Merchants on the receiving end of a terminated merchant account are often placed on the TMF MATCH list. While MasterCard created and maintains the MATCH list, all financial institutions, including Visa, Discover, and American Express, rely on it to. Have been added to the MATCH list over five years ago. To be removed from the Mastercard MATCH list, a merchant must: 1. ago. [2] The terminated merchant files are shared among processors and act as blacklists, where merchants with high. 2. This list is called the Terminated Merchant File (TMF), or Member Alert to Control High-Risk (MATCH) list. Just like setting up an original or new merchant account, opening a replacement merchant account is a process but a more involved one. API. *. MATCH and Terminated Merchant File (TMF): “Member Alert to Control High Risk Merchants” (otherwise referred to as “MATCH”) is a listing service subscribed to by Merchant Service Providers to alert them when an existing merchant account is not in good standing. 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. Terminated Merchant File Garya. . 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. The simple way of putting it is that the file. How to Stay Off the MATCH File June 4, 2008 Posted by Michael Brooks in Chargebacks, Industry Compliance, Risk and Fraud Management. It’s a file that tells all merchants within that card network (Visa, Mastercard, American Express) that a merchant should absolutely not be allowed an account. Please contact us at 1-800-930-4476 and we can find out if you’re eligible for a merchant account. Transaction laundering can lead to rather hard consequences for legitimate online retail businesses. In short, MATCH resembles a “blacklist” that financial institutions can use to cross-check you and board you as a new merchant. Country. 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. The TMF was an older database created by Mastercard for merchants whose accounts were terminated for reasons like fraudulent activity, excessive chargebacks, or breaches of agreement. You can contact Merchant Stronghold for details related to TMF or MATCH. Merchant Account: An account with an acquiring bank that enables a business or other organization to accept credit cards. About. Penny Auctions. Removal is difficult and can be an extremely time-consuming process. Visa, one of the most popular card companies, maintains a database known as the TMF List (for “Terminated Merchant Files”). Acquiring banks also have the capability to include or remove you to or from the MATCH data source. What is MATCH file? MATCH file is an acronym for Member Alert to Control High-Risk. Card networks, such as Visa and Mastercard, operate databases known as Terminated Merchant Files (TMFs) that contain information about accounts that have been closed by credit card processors around the world for high chargebacks or violations of card brand rules. Additional filters are available in search. Terminated Merchant File. 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. Additional filters are available in search. The important thing to remember is that you cannot change nor edit this number. That means that you probably won’t be able to find another processor anytime. What a horrifying concept! This should really get a lot more press around here. Contact Merchant Stronghold at the toll-free number +1 (727) 330-3944. Terminated Merchant Files. When acquirers add a merchant to the TMF, it marks that business as a risky venture, warning other acquirers from doing. Clause: Terminated Merchant File. The merchant’s name will remain on that list for five years. Contract Type. Processors can add and search for information about up to five principal and associate business owners per merchant. 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. You’re following the rules, and as far as you know, doing everything right. 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:. The MATCH system is sometimes referred to as the Terminated Merchant File (TMF). 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. Resources. 75. 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. Even if you think you know the reason for the account cancellation, make sure you ask. 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. A Terminated Merchant File is used by processing companies to screen merchant account applicants. The MATCH list or the Terminated Merchant File (TMF) is a list of merchants who have previously had their merchant accounts terminated for one of the reasons listed below. It is called the. Related Clauses. If the issue persists, the. The primary reason why your business may end up in the terminated merchant file is due to excessive and repetitive. Each merchant on the list receives a numerical code that indicates the reason for them being on it. [1] In the case of Mastercard and American Express it is known as the MATCH list. In 2005, it evolved into the. A few weeks later, I had signed up for two new merchant processing accounts and Steve had sent me $1,000. However, merchant service providers. In short, MATCH resembles a “blacklist” that financial institutions can use to cross-check you and board you as a new merchant. Main page; Contents; Current events; Random article; About Wikipedia; Contact us; DonateObligees considering termination should keep in mind that the law does not favor forfeiture; as such, a terminating obligee will put itself in a better position to successfully call upon the surety and, ultimately recover its losses, if it does not terminate the contractor hastily and without a record that reflects the merits of the termination. Best one-stop shop: First Card Payments. The review of terminatedmerchant. TMF, MATCH file and GNF:. Landing on the TMF file will make it impossible for them to open a merchant account in the future with any processor. It is very similar to the Terminated Merchant File, an older system that is falling out of favor and being replaced by MATCH. 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. Created by Mastercard, this list is composed of businesses who have had their. In the digital payment processing industry, the concept of Terminated Merchant File is also called MasterCard Alert To Control High-risk Merchants. BankCardLaw is a premiere provider of customized electronic payments legal services. Your chargebacks are low. 5:07 pm on Apr 1, 2005 (gmt 0) Anybody knows Is it possibly to find TMF somewhere in Net? blaze. 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. 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). In simple terms, the MATCH (Member Alert to Control High-Risk Merchants) record compiles information on companies and their owners, including terminated merchant accounts. Terminated because of change of AUP (Acceptable Use Policy) at the bank, meaning that the merchant is now outside of account criteria. • Must be located within the acquirer’s jurisdiction. 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. Usually offers tiered pricing to bad credit merchants. One very important piece of data maintained on the MATCH file is a list of merchants whose. 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. Payment Capture. This approach is especially risky because there is a chance that entrepreneurs caught lying to their banks and the card networks could be put on a blacklist known as the Terminated Merchant File (TMF). the acquirer on behalf of the sponsored merchant. Usually, this happens when the business’s merchant account gets added to the Match List. Search. 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. The Mastercard MATCH list is essentially just a newer, rebranded version of the TMF, thus many use these terms interchangeably. Merchants on the list are identified via terminated merchant files (TMF). There are some ways to get one off the MATCH list. I'm sure everyone would straighten up a lot. Additional filters are available in search. With the MATCH list, Mastercard combined a list with the TMF listing (Terminated Merchant File), so the lists are interchangeable. Quite simply, the MATCH (Member Alert to Control High Risk Merchants) record compiles information on companies and their owners. 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. 7:59 pm on Oct 11, 2005 (gmt 0) Does anyone know how long you remain on the TMF. Some people still refer to this list by its former names, the Terminated Merchant File (TMF) or the Combined Terminated Merchant File (CTMF). Account data is stolen at the Merchant and then used for fraudulent purchases at other Merchant locations. When your business has been labeled a high-risk merchant account, you will almost always pay higher. Once on this list, getting approved for your high-risk merchant account domestically or internationally can take years. 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. If the standards are breached, the merchants identification number is added to the TMF. The listing includes the name of your business, your website, and your physical address along with the names of all partners. PaymentCloud: Payment Cloud is a good option for TMF/MATCH merchants in all industries. This list is handled by MasterCard and acts as a resource for all the acquiring banks to identify businesses that have had their merchant. Related Definitions. 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. Related to TERMINATION AND COMBINED TERMINATED MERCHANT FILE. What is the MATCH list? On the surface, it sounds like something positive. The best solution is to avoid the early termination fee (ETF) before entering a merchant account agreement. Non-compliance. The database houses information about businesses who have had previous processing agreements terminated. When a merchant is placed on the list, the merchant’s name, principal, and business partners are all recorded on the MATCH list. How? For starters, rethink whom you do. Wednesday, October 18, 2023. BankCardLaw is a premiere provider of customized electronic payments legal services. As mentioned, this ID is used to identify the merchant without exposing their email to web crawlers. The TMF was an older database created by Mastercard for merchants whose accounts were terminated for reasons like fraudulent activity, excessive chargebacks, or breaches of agreement. It contains information about merchants and their principals whose credit card. Search. A Terminated Merchant File is used by processing companies to screen merchant account applicants. Terminated Merchant Files (TMF) and the MATCH List. TMF (Terminated Merchant File): A “black-listing” of merchants that have had a merchant account terminated for violating a merchant agreement. Best for online and international sellers: Durango Merchant Services. When filing a UCC-3, only make one change at a time. Being listed on the TMF match list can make it difficult for merchants to obtain new merchant accounts or payment processing services, as it. • Must be located within the acquirer’s jurisdiction. Said action may result in Merchant’s being restricted from settling Transactions with any bank in the future. A previous termination automatically puts you in the high-risk merchant. 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. 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 won’t cause you to lose any. 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. Scroll down to the DBA section. Open Split View. Billing and Collection Customers; Receivable Files Complete; Complete Servicing File; Client. Include Keywords. 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. They include the following: Instead of letting your domestic account to restrict your business, get a high volume merchant account with us. When a merchant is transferred or reported to MATCH, "it means that the card processor has stopped accepting new transactions. It was created by. All payment processors must check these databases when accepting a new user,. On a $350 order, that’s $25. 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 TMF list is an older term that’s not used much today. The Terminated Merchant File (TMF) is an older list relaunched as MATCH. Recent Stories. A high-risk merchant account is a label your payment processor has given your business. This was done to prevent a risky business from applying for a new account or opening an account with another major credit card company. Open Search. Clause: Terminated Merchant File. According to a chargeback report, the projected costs of chargeback for 2023 are estimated at $117 billion, with around $79 billion as merchant losses. PCI Compliance RequirementsAfter weeks of fueding, they placed my company on the Match List/ Terminated Merchant File (TMF). . 17. A Terminated Merchant File is used by processing companies to screen merchant account applicants. 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. It is called either a Terminated Merchant File (TMF) or MATCH (Member Alert to Control High-Risk). To obtain a TMF merchant account, businesses must begin by filling out EMB’s simple online application. ago. Entire payment processors must check diese databases when. 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. Related Clauses. Then, out of nowhere, you get a notification about the closure of your merchant account. American Merchant Systems can help. 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. If you’re already classified as a high-risk merchant and you still have to deal with multiple chargeback fees, your merchant account might be frozen or terminated. 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. 4. 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. 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. Account Data Compromise. In addition, noncompliance can lead to your company being placed on the Visa/ MasterCard Terminated Merchant File (TMF). 60 just to take the money. If you have left a previous merchant account in bad standing and it was ultimately terminated, you may be on a list called “MATCH. It contains information on your business if. MATCH requirements for processors. Merchant Services Organizations keep payment processing information file, which contains data recorded by banks. Since 1994, BankCardLaw has built relationships and achieved business – saving results in electronic payments and merchant credit card account matters. 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. Bankruptcy. Many translated example sentences containing "terminated merchant file" – Spanish-English dictionary and search engine for Spanish translations. The Terminated Merchant File (TMF) is a list of business owners with flagged merchant accounts. In short: capture is the point at which you get paid for a sale. Based on the information provided, the acquirer will decide whether or not to approve the new merchant account application. PCI Compliance Structure. Terminated Merchant File: Your name is present; Insufficient Credit Card Processing History, Low Credit Score, and You Process Automated Recurring Payments; In addition, there are certain products or services that may be considered high risk as well. Excessive chargebacks are the most common reason for being on the MATCH list, but other causes include security issues, illegal activity, bankruptcy, identity theft. Key Points: Stripe often terminates or freezes merchant accounts without warning or explanation, leading to account closure and held funds. 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. Email : [email protected] simple answer: chargebacks. Instead, the card associations use a file called the MATCH file. Terminated Merchant File (TMF) is a general term for a merchant blacklist such as the MATCH List. Previous company financial failure. Company Termination Fee means an amount equal to $1,000,000. Quora User. Some people still refer to this list by its former names, the Terminated Merchant File (TMF) or the Combined Terminated Merchant File (CTMF). A termination is a public notice and record that the secured party no longer has interest in the collateral. Merchants on the MATCH or TMF (terminated merchant file) list; Merchants selling over 10% to international clients;. Different banks have unique chargeback thresholds, so the specific. The merchant’s name will also be added to the shared Terminated Merchant File (or TMF). Filter & Search. Unlock Your Business Potential: Overcoming TMF Challenges with Expert TMF Merchant Consulting Services. MATCH is used to verify if you have had a merchant account terminated in the past. The TMF is the same thing as the MATCH list. • Cannot be listed on the Terminated Merchant File (TMF), or similar files. Just googled that. Acquiring Banks consult this list when determining whether or not to extend a merchant account to a given business, and in most cases these banks. Furthermore, in this article, we will. If you want to know more about TMF List Terminated Merchant File, then simply visit our website. After all, you have been running a good business. When you do something wrong, a financial institution such as Visa or Mastercard will mark you as a violator for whatever offense you or your merchant account has created. Merchant accounts can be difficult to obtain and can be suddenly closed down for a variety of. TMF abbreviation stands for Terminated Merchant File. The way the rules are written by MasterCard, you don't have a direct. These days it’s called the MATCH list as well (Member Alert to Control High-risk). It also notifies other acquirers that there’s something not right with your business. When a merchant account was terminated by Mastercard, the company was considered blacklisted and its name was added to a Terminated Merchant File (TMF). 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. 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 system is sometimes referred to as the Terminated Merchant File (TMF). 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. Approvals of future applications for merchant. The. It has gradually replaced the Terminated Merchant File (TMF), an older system that is being phased out. shall not include the Person set forth on Schedule 2. Once a merchant lands. 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. Search. This information helps other businesses avoid working with merchants that may be high-risk. 8. At Mastercard, this database is called the MATCH list as described above. 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. Is your business on the MATCH list or terminated merchant file (TMF) list. Remove Advertising. MATCH acts as an invaluable tool to assess the potential risk prior to approving a Merchant. 623-321-4699 Menu.