You're on the TMF. Now what?

It's estimated that one in seven businesses are on the TMF/MATCH list. This can be a death sentence for a business, as it essentially blacklists them from the credit card processing world. There are a few things a business can do to try to get off the list, but it's not easy.

Why did you get there?

The first step is to figure out why you were put on the list in the first place. This can be difficult, as the credit card companies are not required to give a reason. However, if you can figure out why, it will be easier to fix the problem and get off the list.

Take action to fix the problem

Once you know why you're on the list, you need to take action to fix the problem. This might mean changing your business practices, getting new management, or whatever else is needed to correct the issue. It's not easy, but it's necessary if you want to get off the list.

Let the banks know you've changed

Once you've taken steps to fix the problem, you need to reach out to your acquiring bank and let them know what you've done. They will then review your case and decide whether or not to remove you from the list.

It's not easy to get off the TMF/MATCH list, but it's possible if you take the right steps. If you're on the list, don't give up hope; there is a way out.

If you are a business owner that has been placed on the TMF/MATCH list, it is important to take action immediately. Your business depends on it!

Working with the right merchant account provider might keep your chances of landing on the TMF down. Find the best merchant account provider for you with our merchant account comparison tool.