If your business is on the terminated merchant file (TMF) list or MATCH list, it is next to impossible to get a merchant account with reasonable rates. That’s because most payment processors use the list as justification to deny merchants, and won’t give merchants the chance to explain their positioning on the list. As a result, most small businesses on the MATCH list are consistently denied accounts no matter the reason. Fortunately, there are online payment processors like eMerchantBroker.com (EMB) that don’t care about the TMF list, and offer a full suite of services.
Why is the MATCH List So Dangerous?
When a merchant’s name is placed on the list, their business partners, and principal are also placed on the list. Most businesses are placed on the list because of the following acts:
- Too many deposits for transactions without authorization from cardholders
- Evidence of counterfeit activities
- Evidence of money “laundering”
- High chargebacks volumes due to procedures or business practices or procedures
- Sufficient evidence that merchant is engaging in fraudulent activities.
The EMB Difference
So what makes EMB different from the other payment processors out there? EMB believes that good businesses deserve a second chance to be successful. Our policy is to consider any business placed on the TMF list for a merchant account, if the business does not have an unpaid balance from their previous processor. Unlike banks and other traditional entities, we don’t worry about a merchant’s past credit history, risk level, or experience. As long as you keep your charge back rate under 3%, we can carry your account and even get your business off the TMF list.
The application is easy and user friendly. Your business has the right to fair rates and professional oversight. Don’t settle for offshore payment processing or for paying astronomical rates. EMB can get your merchant account up and running in less than 48 hours. Don’t let previous failures keep you from fulfilling your dreams. If your business has the will to succeed, EMB has the tools to make it happen. Contact us to set up your TMF merchant account today.