Welcome to Terminated Merchant Account
Maybe the reason you are reading this is because you realized that you have been listed in the Terminated Merchant File or the MATCH list and you are now wondering what exactly TMF is. Do not panic because many other merchants have been caught unaware at some point.
What is TMF or MATCH file?
The creditor can report a default to the credit reporting agency if consumers fail to honor terms of the credit agreements. On applying for an additional credit, the creditor gets the credit report which gives them the past history of the consumer. The acquiring or processing bank of the merchant does not have the same credit reporting agency which implies that it does not have information on the way a business handled merchant processing duties.