Closed because of changes to business format, structure or process. PCI Compliance Requirementsthe acquirer on behalf of the sponsored merchant. Clause: Terminated Merchant File. The Terminated Merchant File (also known as the MATCH list) is an industry database that contains information about merchants who have been. It is also known as the MATCH (Member Alert to Control High Risk) list. the acquirer on behalf of the sponsored merchant. the acquirer on behalf of the sponsored merchant. Documents to Obtain a TMF Merchant Account. Terminated Merchant Databases must meet at least the following standards: - 3 - 1. 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. Filter & Search. The best solution is to avoid the early termination fee (ETF) before entering a merchant account agreement. Search for: Latest Articles. Mobile Banking, Commerce 8 y. post Search Terminated Merchant; Download Visa Merchant Screening Service API Reference Termination Inquiry APIs. 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. 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. The Terminated Merchant File or TMF list is a list of business owners (merchants) whose accounts have been terminated in the past 5 years for any sort of activity that causes the account holder to appear to be a bad risk. 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. About. 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. They may even offer guaranteed merchant account approval. • Cannot act as a sponsor for another Payment Facilitator. After all, you have been running a good business. For example, if you have an unusually large transaction, call your account provider’s fraud team to let them know about it. Merchants belonging to the MATCH often face more difficulty in obtaining a merchant account or payment processor. Created by Mastercard, this list is composed of businesses who have had their. 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. Search. TMF means Terminated Merchant File. Beyond your financial records, tax history, and credit score, some underwriters will also run a business search on your name and your. Today, the terms “MATCH list” and “TMF list” are still used interchangeably, even though the TMF list no longer applies. 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. It has a sterling online reputation that any provider would envy. TMF used to. Mastercard maintains the TMF and keeps track of revoked merchant accounts. Level 4 businesses are required to complete an annual risk assessment using the appropriate PCI Self-Assessment Questionnaire (SAQ). • Excluded merchant types (but may be signed under direct acquiring agreements): InternetThe Terminated Merchant or MATCH (Member Alert to Control High-Risk) file is used by Visa and MasterCard processing banks (the acquiring banks) to keep tabs on merchants and/or principals who had their Merchant Accounts terminated for cause. Related Definitions. Additionally, your merchant will likely be added to a file known as the Terminated Merchant File (TMF). An acquiring bank maintains a merchant’s bank account and, as a. The merchant’s name will also be added to the shared Terminated Merchant File (or TMF). The Terminated Merchant File (TMF) is an older list relaunched as MATCH. If you have been placed on Terminated Merchant File (TMF) or Member Alert to Control High Risk Merchants (MATCH), we may be able to help depending on the reason you were placed on the list for. 4. There are some ways to get one off the MATCH list. 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. This warns potential service providers that this merchant is extremely risky. • Cannot act as a sponsor for another Payment Facilitator. For whatever reason, and I'm still trying to figure it out. Terminated Party; Eligible Termination; Customer channel termination point. 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. MATCH is the rebranded version of an older, more aptly named list, the Terminated Merchant File (TMF). One of the largest card brands, Visa, operates a database called the TMF List, which stands for Terminated Merchant Files. 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. Best one-stop shop: First Card Payments. How to remove a terminated merchant file from the MATCH list. Laundering. It is vital to contact Stripe customer support and consider partnering with another payment processor if funds are held. 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. 2%, you’ll pay 7. Open Split View. Furthermore, in this article, we will. API. Code 01: Comprise of account data: if you unintentionally or unknowingly facilitated by whatever means, the use or disclosure. This will provide acquirers with the opportunity to develop and review enhanced or incremental. Even if you think you know the reason for the account cancellation, make sure you ask. MERCHANT EXPRESSLY ACKNOWLEDGES that a Combined Terminated Merchant File ("CTMF") is maintained by Visa and MasterCard containing the business name a. Is your business on the MATCH list or terminated merchant file (TMF) list. 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. 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. 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. The merchant must apply for a high-risk merchant account with stiff processing fees, monthly fees, and restrictions. The merchant can use preventive measures to avoid getting into the Terminated Merchant File or Member Alert To Control High- Risk. We are currently able to locate over 10 Cliq negative reviews, some of which accuse the company of being a ripoff or a scam. Luckily there are ways to avoid terminal credit card machine leasing. Acquiring banks also have the capability to include or remove you to or from the MATCH data source. Payment Gateway Processor:. If an acquiring bank terminates the relationship with a merchant, then one should not be put on the list. If you’re on it, this means that another bank has. Account Data Compromise. This ID is assigned to you automatically, once you open a PayPal account. 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. (Terminated Merchant File) is a watch list that is maintained by MasterCard and is also accessed by Visa and American Express. 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. 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. The Mastercard Alert to Control High-risk Merchants (MATCH) allows an acquiring partner to lookup whether another acquiring partner has terminated a merchant in the past and the reason for that termination, to aid in an onboarding decision. com. However, merchant service providers. But TMF is more of a broad term that relates to any terminated merchant file, whereas the MATCH list refers specifically to the database that’s. To obtain a TMF merchant account, businesses must begin by filling out EMB’s simple online application. 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. 8. Merchant Account: An account with an acquiring bank that enables a business or other organization to accept credit cards. Payment processors check MATCH for each new potential account to mitigate their own risk and keep their business safe. Usually filed prior to the five-year lapse date. Being listed on the TMF match list can make it difficult for merchants to obtain new merchant accounts or payment processing services, as it. MATCH List and Terminated Merchant File (TMF) Oct 11, 2022. About This Guide Visa Global Acquirer Risk Standards: Visa Supplemental Requirements 1 October 2018 Visa Public 1 Notice: This is VISA PUBLIC information. Some of the coded reasons provided by MasterCard as to why you could be listed as a Terminated merchant account are explained below. Businesses unfortunate enough to make this list are essentially blackballed by many financial institutions. The Terminated Merchant File is a list of businesses that Visa and Mastercard keep track of. 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. Email : amslv@cox. MasterCard Worldwide created and maintains the MATCH list, which also. BankCardLaw is a premiere provider of customized electronic payments legal services. Merchants belonging to the MATCH often face more difficulty in obtaining a merchant account or payment processor. Additionally, y. We understand the complexities in high risk merchant processing very well. Previous company financial failure. Once on this list, getting approved for your high-risk merchant account domestically or internationally can take years. Terminated Merchant File (TMF) by NMA. e. savur. ” “The List,” of course, is the MATCH/TMF 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. Unfortunately once a merchant is placed on the list, it is cumbersome to get off it. 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. In 2005, it evolved into the. 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. Facebook. 4. When a merchant account is terminated due to some reason, themerchant gets added to the MATCH list or Terminated Merchant File (TMF). Whether you are. The MATCH list, also called the Terminated Merchant File. ” The MATCH, also known as Terminated Merchant File (TMF), alerts account providers to any applicants who have had an account terminated. Related to TERMINATION AND COMBINED TERMINATED MERCHANT FILE. We understand the complexities in. The. Whenever possible, it’s best for a merchant to avoid freezes and terminations altogether. Termination may be caused by money laundering or fraud and prevents accepting credit cards as a form of payment. Ask questions. Step 1. 75 on that transaction. When you apply for a merchant account, the bank will check to see if you are on the Terminated Merchant File (TMF). 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. Card networks, such as Visa and Mastercard, operate databases known as Terminated Merchant Files (TMFs) that contain information about accounts that have been closed. Country. Card-issuing banks and merchant service providers have access to the MATCH list (also see Terminated Merchant File). 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. Search. Browse. There are a number of different names for this list, including the TMF List, Terminated Merchant File Match List, Mastercard Match List, and more. Contact Merchant Stronghold at the toll-free number +1 (727) 330-3944. Overall, PCI payments compliance includes four clearance and category levels, numbers one. When you take out a secured loan, the lender may file a lien to protect the asset (s) you committed to secure financing. So my last processor made the rash decision to place a tmf file (terminated merchant file) on my account. 3. Entire payment processors must check diese databases when. This was done to prevent a risky business from applying for a new account or opening an account with another major credit card company. This list is handled by MasterCard and acts as a resource for all the acquiring banks to identify businesses that have had their merchant. Most high-risk merchant accounts are terminated within the first three months of their existence. They are as follows; Match List Reason Codes. All payment processors must check these databases when accepting a new user,. Pricing. kassius79 • 2 mo. Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guideline. The impact of chargebacks on a business’ bottom line is significant. The chances are slim to none of getting approved once your name hits the list. Best Merchant. This will provide acquirers with the opportunity to develop and review enhanced or incremental. The Mastercard MATCH list is essentially just a newer, rebranded version of the TMF, thus many use these terms interchangeably. Tiered pricing usually offered to bad credit merchants. 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. Twitter. Also, we provide specialized support to the high- risk merchants, credit card processing, and merchant account issues. This is a file that Visa and MasterCard contribute to in order to keep track of merchants that have. Credit card processing companies use a terminated merchant file (TMF) to check out potential merchants before giving them a merchant account. This blacklist is famously known as. Your business is present on the Terminated Merchant File (TMF), also called the MATCH File, indicating your credit card processing privileges have been terminated elsewhere; Many business owners aren’t even aware of the last one until they apply for merchant services and are denied based on their presence on the list. TMF, MATCH file, and GNF: One of the most challenging things a merchant faces is going on the blacklist by the credit card companies, such as Visa/ Mastercard. TMF, MATCH file and GNF:. The MATCH list is essentially a blocklist for credit card processing. The MATCH system is often referred to as the Terminated Merchant File (TMF). . It is estimated that every dollar lost (transaction amount) to a chargeback costs the business an estimated $2. shall not include the Person set forth on Schedule 2. 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. A payment capture is the legally binding point at which transactional funds move from a cardholder's account into a merchant’s account. • Must be located within the acquirer’s jurisdiction. With the MATCH list, Mastercard combined a list with the TMF listing (Terminated Merchant File), so each list is utilized. • Must be located within the acquirer’s jurisdiction. Acquiring banks also have the capability to include or remove you to or from the MATCH data source. When a bank considers whether or not to accept you for a. It’s also referred to as a Terminated Merchant File (TMF). Being a trusted provider, we specialize in High Risk Merchant Accounts and Terminated Merchant Accounts. For example, services are considered a higher risk compared to physical products. 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. Contract Type. 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. Country. Of course, eventually, they are discovered by their bank and typically have their accounts terminated. Clause: Terminated Merchant File. 2. • Must be located within the acquirer’s jurisdiction. Fastest application process: Soar Payments. S. Banks and. What is MATCH file? MATCH file is an acronym for Member Alert to Control High-Risk. While it is possible to find a TMF merchant account with a company familiar with the issues involved (i. The basic idea of MATCH list and TMF is same…The MATCH list or TMF (Terminated Merchant File) is the lowest state a merchant can be in. Termination may be caused by money laundering or deception and prevents accepting get cards as a form of payment. • Cannot act as a sponsor for another Payment Facilitator. Msg#:655571 . TMF is short for “Terminated Merchant File” and MATCH stands for “Member Alert to Control High Risk. Landing. 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. Merchants must first contact the acquiring bank that terminated the account. What Is The Terminated Merchant File Mar 19, 2018 Crypto Currency In The Payments Space Jan 28, 2018 Small Business Payments In 2018 Jan 15, 2018 Marijuana Laws | Walking the Fine Line Weed. 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). Criminal Defense. Language links are at the top of the page across from the title. com is positive. Company Termination Fee means an amount equal to $1,000,000. 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. To obtain a TMF merchant account, businesses must begin by filling out EMB’s simple online application. What does TMF mean? TMF stands for Terminated Merchant File (also. If you have left a previous merchant account in bad standing and it was ultimately terminated, you may be on a list called “MATCH. Getting on the TMF list is the equivalent of getting. The MATCH system is sometimes referred to as the Terminated Merchant File (TMF). In addition, noncompliance can lead to your company being placed on the Visa/ MasterCard Terminated Merchant File (TMF). Contracts. Open Search. 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. Mastercard maintains the TMF and keeps track of revoked merchant accounts. 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. Best for online and international sellers: Durango Merchant Services. A quick Google search will show you just how many problems PSPs give. About This Guide Visa Global Acquirer Risk Standards: Visa Supplemental Requirements 1 October 2018 Visa Public 1 Notice: This is VISA PUBLIC information. Overview. Fraud. A Terminated Merchant File (TMF) is like a blacklist for businesses that handle credit cards. Your name/business can be removed as soon as a week after the payment has been received. How to remove a terminated merchant file from 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. A few weeks later, I had signed up for two new merchant processing accounts and Steve had sent me $1,000. The bank that added a merchant to the MATCH list are the. Mastercard created the MATCH list to better catalogue and track high-risk businesses. The merchant was found to be violating one of. 56 (Ubuntu) Server at Port 443Businesses may have been terminated and put on the list for the following reasons: Fraud; Merchant collusion; Laundering; Excessive chargebacks; And more; It is not impossible to get a merchant account if you’re on the MATCH list. Prepaid Calling Cards. 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. TMF Terminated Merchant File is another term, which is coined by Visa is just a synonym of MATCH. 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. 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. Any merchant seeking to do business via the internet must have an e-merchant account. And, not be over-dramatic here, this can be one of the worst things that can happen to a merchant. PCI Compliance RequirementsAfter weeks of fueding, they placed my company on the Match List/ Terminated Merchant File (TMF). Dictionary. 4), or 3. In Summary: 5 Best Bad Credit Merchant Account Providers. 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. 623-321-4699 Menu. 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. 08/15/2023. Receiving a high volume of chargebacks can have major repercussions for businesses. MATCH stands for Member Alert to Control High-Risk Merchants. Terminated Merchant File. Termination. Both lists include data related to merchant accounts and function in a similar fashion. Terminated merchant accounts are an important aspect of this information. The Terminated Merchant or MATCH (Member Alert to Control High-Risk) file is used by MasterCard and Visa processing banks (the acquiring banks) to keep tabs on merchants and/or principals who… High-Performance Websites & E-Commerce SolutionsBanks or credit card processors can deny a business’ merchant account application for the following reasons: Less than stellar personal credit history. Quarterly PCI scans , administered by an approved scanning vendor, may. • Cannot be listed on the Terminated Merchant File (TMF), or similar files. Next. In short, MATCH resembles a “blacklist” that financial institutions can use to cross-check you and board you as a new merchant. If the interchange for a Mastercard is 2. TMF is a related acronym that stands for Terminated Merchant File, but has recently been replaced by MATCH. Being on the MATCH list shows that your business caused so many problems that your Merchant Account was terminated and. The MATCH list (previously referred to as the Terminated Merchant File or TMF) is a database identifying merchants who have had their payment processing privileges revoked by an acquiring bank or processor. Typically used by credit card processing firms to ward off merchant accounts with problematic histories, today the TMF is commonly used by credit card companies such as. (All contracts in excess of $10,000) Pursuant to the above, when federal funds are expended by ESC. 4 billion. Have been added to the MATCH list over five years ago. It has gradually replaced the Terminated Merchant File (TMF), an older system that is being phased out. The vast majority of these accounts found. MATCH is operated by MasterCard; TMF is operated by Visa. Visa or MasterCard processing banks or the acquiring banks use it in identifying specific principals and merchants that have been terminated. All positive MATCH responses are thought about “possible matches” because the search mechanisms can not guarantee a real and exact match with absolute. Being listed on the TMF or MATCH file can put a merchant out of business. If a merchant’s chargeback ratio reaches a specific level, the merchant may be subject to monthly penalties and extra chargeback costs until the problem is resolved. Surviving the termination of a merchant account. MATCH is very important for the member banks because it helps in assessing risk before any merchant is signed. Payment Capture. The payment gateway is usually provided in conjunction with the merchant account but it is a separate service. Merchant Services Organizations keep payment processing information file, which contains data recorded by banks. However, merchant service providers. It is. . One of the most challenging things a merchant faces is going on the blacklist by the credit card companies, such as Visa/ Mastercard. Payment brands use MATCH—Member-Alert-To-Control-High-Risk—or Terminated Merchant File (TMF), a database of previously terminated merchants, to control merchant access to the payments system. • Cannot act as a sponsor for another Payment Facilitator. You’re following the rules, and as far as you know, doing everything right. Scroll down to the DBA section. How to Cancel with No Termination Fees. Terminated Merchant File. And once a merchant is on the list, it can be very taxing to get a new merchant account from another bank. This makes it very difficult to get a merchant Match file is like a blacklist that banks can cross-check when they take on a. The database houses information about businesses who have had previous processing agreements terminated. the acquirer on behalf of the sponsored merchant. MATCH List and Terminated Merchant File (TMF) Oct 11, 2022. You might show up on the TMF list if you had a merchant account closed on you for any reason, if you were reportedly difficult for your customers to contact, processed outside your. If you come across it, just know that it’s the. The merchant’s name will remain on that list for five years. Search. Remove Advertising. Overview. The MATCH List is, effectively, the only TMF currently in use. - They will have an instant source of income. 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. ” There are, in fact, precisely 14 listed reasons that a merchant can get tagged with one of these designations. The thing is that all acquiring banks and credit card processors can access this list and check whether you’re on it. Apply to a direct merchant account and use Authorize. 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. Be compliant. There are several reasons why you as a merchant can get blacklisted or MATCH’d. Unfortunately, it looks like your website, hanami. Request them to give you the reason and reason code under which you were added to the MATCH. Since 1994, BankCardLaw has built relationships and achieved business – saving results in electronic payments and merchant credit card account matters. Possibly the most reliable way to avoid complications with your merchant account is to ensure. #1. Quite simply, the MATCH (Member Alert to Control High Risk Merchants) record compiles information on companies and their owners. Exclude Keywords. Moreover, you may have difficulty opening a new merchant account if you’re account is terminated and listed under Terminated. 7% increase from $576. Explore The Alternatives. When a merchant does not follow the norms of their high risk business and comes across chargebacks in previous processing, payment processor can put the merchant account in the Terminated Merchant File. 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. If you’re on it, this means that another bank has terminated a merchant account with you, and sends up a red flag to banks that you’re a credit risk. Documents to Obtain a TMF Merchant Account. When a business is placed on the MATCH list, they get their accounts terminated. • Excluded merchant types (but may be signed under direct acquiring agreements): InternetThe MATCH List Is a Blacklist. According to reports, this is the highest growth rate in a decade and is nearly two times more. 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. • Excluded merchant types (but may be signed under direct acquiring agreements): InternetTMF (Terminated Merchant File): A “black-listing” of merchants that have had a merchant account terminated for violating a merchant agreement. 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. 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. We service ALL high risk industries AND all merchants that have been terminated by their current credit card. It contains information on your business if. Best for chargeback monitoring: SMB Global. One of the largest card brands, Visa, operates a database called the TMF List, which stands for Terminated Merchant Files. 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. There’s a big TMF (Terminated Merchant File) list processors refer to when signing on new accounts for cross-referencing – to protect themselves, of course. Lowest Merchant Account Fees. Terminated Merchant File. Removal is difficult and can be an extremely time-consuming process. If the standards are breached, the merchants identification number is added to the TMF. Recent Stories. 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. Define Terminated Merchant. MATCH list. Our account will enable you to expand your business by reaching more customers and accepting their payments. With the MATCH list, Mastercard combined a list with the TMF listing (Terminated Merchant File), so the lists are interchangeable. Introduction to Terminated Merchant File (TMF) or MATCH List.