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Showing posts from July, 2024

Terminated Merchant File Match List Removal: Get Unlisted and Back in Business

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Being on the Terminated Merchant File (TMF) Match List can be a nightmare for any merchant. It can cripple your ability to accept credit card payments, hindering your business growth. But fear not, there is a way out. Here's a guide to getting yourself delisted from the TMF Match List . The Path to Delisting from the TMF Match List The delisting process involves resolving the issues that led to your inclusion on the list in the first place. Typically, this means addressing excessive chargebacks, fraud issues, or non-compliance with credit card association regulations. You'll need to demonstrate to Mastercard (the operator of the MATCH List) that your business has taken corrective actions and implemented measures to prevent future violations. Taking Action to Get Delisted Dispute Inaccurate Inclusion: If you believe your inclusion on the TMF Match List is a mistake, you can initiate a dispute process with Mastercard. Gather evidence to support your case, such as documentation d

How to Check the MATCH List: Taking Control of Your Merchant Account Future

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How to Check the MATCH List: Unfortunately, there isn't a public portal to directly access the MATCH List. But fear not! Here's a two-step approach to determine if you're on it. 1. Contact Your Payment Processor or Bank: These institutions have access to the MATCH List and can verify your status. Be prepared to explain your situation and request a status check. 2. Analyze Past Merchant Account Applications: Repeated denials for merchant accounts suggest a potential MATCH List inclusion. Understanding the MATCH List: The MATCH List (Mastercard Alert to Control High-Risk Merchants) is a database used by acquiring banks to assess merchant risk. Landing on this list can make it difficult to obtain a merchant account, hindering your ability to accept electronic payments. FAQs: Can I remove myself from the MATCH List?   Potentially. If your inclusion resulted from errors or has been rectified (e.g., high chargeback rates addressed), you can contact the reporting institution fo

Getting Off the MATCH List Faster: It's Possible

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Getting Off the MATCH List doesn't have to be a five-year wait. While automatic removal takes that long, there are ways to expedite the process, especially if you believe your inclusion is a mistake. In this article, we'll explore how to get removed from the MATCH List sooner and regain control of your merchant account options. Shortening the Wait: The most common way to achieve a faster removal is by working with your former merchant processor. If they're willing to advocate for you, they can submit documentation to Mastercard demonstrating you're no longer a high-risk merchant. This can significantly reduce your wait time. Understanding the Process: Mastercard's MATCH List (Merchant Alert to Control High-Risk Merchants) flags businesses deemed risky for reasons like excessive chargebacks, fraud convictions, or non-compliance with Payment Card Industry Data Security Standards (PCI DSS). However, errors can occur. If you believe you shouldn't be on the list, yo