Terminated Merchant File

Is your terminated merchant file making it difficult for you to get approved for a merchant account?

Contrary to popular belief, a terminated merchant file does not mean it’s impossible to get approved for a credit card merchant account. There is no doubt that it makes the task significantly much more difficult, but if you choose the right company,, it’s still possible to get your merchant account approved. A terminated merchant file, also called a TMF or MATCH file, is essentially a blacklist created by acquiring banks in order to steer clear from merchants or principals that have been problematic in the past. Once on this list, getting approved for your high-risk merchant account domestically or internationally can take years. That is assuming the merchant account request gets approved at all. Nobody wants to find their name or company on TMF (terminated merchant files), but in the event that you are already on this list, Painless Processing may be able to help.

How terminated merchant files work

The best way to avoid all of the difficulties that terminated merchant files bring is to stay away from high risk industries.. We at Painless Processing understand that this may not be an option for you and want to help you obtain your merchant account regardless if you are in TMF status.. In most cases, merchants on TMF’s are not even able to gain approval from international banks. Being placed on the terminated merchant file database essentially puts you in a blacklist that can affect you for your entire life. When you take into consideration the credit crunch that is affecting the entire globe, banks want to stay away from taking unnecessary risks to avoid losses.
In the event that you’ve   been placed on a terminated merchant file blacklist, Painless Process is your salvation and hope.. Even though all U.S. processing banks will most probably deny your request, you still have a chance at getting your credit card merchant account approved abroad with our support. As you may have learned already not just any international bank is willing to take on such a “risky” account. It takes knowledge of the international banking system, as well as relations with specific banks to get your high risk merchant account approved. Fortunately, our team of experts here at Painless Processing has partnerships with banks all around the world. In addition, we can connect you with the right processing bank that would be most likely to accept your type of high-risk merchant account. Whether you have had an escort, e-cigarette, travel, or gambling merchant account, we have the connections and   experience to get your merchant account request approved.

Being put on a MATCH file isn’t the end of the world

If you have had the misfortune of being placed on a MATCH file, also known as a terminatd merchant file, you probably know by now how difficult and aggravating the loss of the ability to process payments can be.. Most likely, the loss of income is causing you to lose business and is affecting your livelihood.. Our merchant account experts at Painless Processing have dealt with clients in the past that have been placed on terminated merchant files. Because of our experience working with international banks, as well as the relationships we have built with them, we can make sure that your TMF credit card merchant account request gets approved. Don’t think that there is no way out. Contact us at Painless Processing today to find out how we can help.