Know About The Online Match List of Merchant Accounts
Match List of Merchant Accounts
It is true, but there is such a thing as a merchant account blacklist. It’s actually known as the MATCH list or “Terminated Merchant File,” (TMF for short). The Terminated Merchant File is a shared online list among processors and acts as a blacklist scrubber, where merchants with
- Excessive Refunds and Declines
- Violation of Terms of Merchant Agreement
- Illegal Product or Advertisement
- Adult or Porn or Escort Endorsement
- Merchant Collusion
- Fraud
- Excessive Chargebacks
- Money Laundering
- Terrorist Activity
- Wrong MCC code Service/Product
By far the most common reason for termination amongst Trial Continuity and Subscription Type of Business, The merchant deposited sales that were not authorized by cardholders; most typically in a card not a present environment with recurring charges.
Why Put the Merchant on the Match List?
Merchant’s Merchant Acquiring Bank. In order to get off the MATCH list, the acquire who put you on it is the only one who can remove you. Merchants are placed on this list because they were found to have violated their credit card processing agreement at some time.
VISA: It is not impossible to get a merchant account if you’re on the MATCH list. Please contact Merchant Stronghold at 1-888-622-6875 and we can find out if you’re eligible for a merchant account and how to help you get off the TMF / Match List.