Terminated Merchant File
MATCH is short for stands for Member Alert to Control High-Risk which has been created and now being managed by MasterCard. It contains the list of accounts which helps the processor to identify the TMF’d accounts during the underwriting.
One drawback of the MATCH list is that MasterCard never verifies or confirms the authenticity of the list. This increases the chances of misinterpreted information being reported.
But the reality is if you happen to be accidently on the match list, you will be disapproved of services from every US based processor till you are not removed from the list.
But the world doesn’t end here. There are still some worthy options there for you where you can get the merchant account for fulfilling all your processing needs. AMSLV is one of the leading TMF merchant account providers. We have provided the best solutions to many MATCH list merchants who are now successfully availing our services.
What gets your business listed on the MATCH list?
Following are some of the common reasons that get businesses into the MATCHED list.
- Non-Payment of bill
- Fraud
- Data Compromise
- Excessive Chargebacks
- Conviction of an owner of the business
- Bankruptcy
- Collusion with another merchant convicted of Fraud
How do remove yourself from the MATCH list?
Once if you are listed on the MATCHED list and you find no way out, then you will be there till 5 years. Therefore, it becomes necessary to find out ways to get off the list.
To start with you should look for the reason that placed you there. In many cases it is your recent processors which resulted into closing of your account.
But this is just the start; you will have to give endless explanations to various people and departments. So, look for a department that can understand the reason you were put on the MATCH list.
The most common reason is the non-payment and if you get your pending payments cleared, you will be off the MATCHED list.
Another reason can be due to chargebacks for which you will have to wait 6 months to get all possible chargebacks cleared. After which you can get back to your processor to remove you from the list.
How to get a merchant account while being on MATCHED LIST?
If you are on the MATCH List, but still want a merchant account to process your payments while you get off from the MATCH list then AMSLV has the best is the right place for you.
We understand that it’s not your fault and therefore we provide you with permanent or temporary solutions depending on your case. We cannot get you removed from the MATCH list but we can definitely provide you with an alternate solution.
