Terminated merchant file

A terminated merchant file (TMF) is a tool used by credit card processing companies to screen potential merchants before giving them a merchant account.^[1] In the case of Mastercard and American Express it is known as the MATCH list.^[2]

The terminated merchant files are shared among processors and act as blacklists, where merchants with high-risk accounts or excessive chargebacks are put on the list and prevented from opening an account with a different credit card processor.

Other reasons for being put on a terminated merchant file include:

References

^ "Visa Acquirer Risk Program Standards Guide" (PDF).
^ MasterCard API^{[dead link]}

This finance-related article is a stub. You can help Wikipedia by expanding it.

[Visa_Acquirer_Risk_Program_Standards_Guide-1] "Visa Acquirer Risk Program Standards Guide" (PDF).

[MastercardAPI-2] MasterCard API^{[dead link]}

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