Match List Merchant Account



Match List Merchant Account is a database of merchants or business owners whose accounts have been terminated or have been deemed a significant risk of payment of processors during the past five years for any number of reasons.

Card networks, such as Visa and MasterCard, operate databases known as Terminated Merchant Files (TMFs) or Match list 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.

All processors must check a TMF Match List Merchant Account when accepting a new user, and are also required to add merchants to a Match List if the account is closed and meets TMF criteria.

Being placed on a Match List Merchant Account can have serious effects. While they’re only supposed to be informational tools during the account application process, many entities refuse to accept businesses or individuals listed on a TMF. For this reason, it’s important to be aware of TMF criteria and make sure you avoid becoming eligible.

The most common list and the only one with global reach is MasterCard’s MATCH, or the MasterCard Alert to Control High-Risk Merchants. In the following sections, we describe how MATCH qualification works and what happens to MATCH entries.

Every Merchant on a Match List has reason code that why they are on a list. Following are the codes of Match List:

01 Account Data Compromise

02 Common Point of Purchase

03 Laundering

04 Excessive Chargebacks

05 Excessive Fraud

06 Unused

07 Fraud Conviction

08 MasterCard Questionable Merchant Audit Program

09 Bankruptcy/Liquidation/Insolvency

10 Violation of Standards

11 Merchant Collusion

12 PCI-DSS Non-compliance

13 Illegal Transactions

14 Identity Theft

There’s no formal notification process when a merchant is placed on the TMF MATCH list.  Most of them only find out that they’re on TMF MATCH List Merchant Account when they apply for a new account and get rejected.


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