Why do banks care if my merchant business is listed on TMF or MATCH?
Acquiring credit card transactions from merchants is a high volume – low profit margin business for banks. The acquiring bank’s risk of loss is substantial and can escalate quickly in today’s high-speed transaction environment. So, banks use the MATCH to help assess their risk in opening merchant accounts. If the risk of opening a merchant account exceeds the bank’s risk tolerance, the merchant application will likely be declined.
