What is the TMF list or MATCH file?
The TMF (terminated match file) is a list that all acquiring banks (processors) share, that lists merchants who have had a merchant account terminated previously. Getting listed on this file can be a serious problem for a merchant, and can even put the merchant out of business. When you apply for a merchant account, the processor will check the TMF file to see if you are listed, if you are, then you will have a very hard time finding a bank to approve you. The TMF file is essentially a “blacklist” that will prevent you getting approved at any other bank.
