In fact, there is no official abbreviation for a mobile phone number on a business card. This global communication device does not have a single expression. For example, Americans call them «cell phones,» while British citizens call them «cell phones.» Also, many people think that the phone is the country phone and the mobile phone is a mobile phone. But the phone also means a mobile phone. In the United States, the common abbreviations for a contact number on the business card are: Landing on the MATCH list is a terrible fate for any retailer. This shows that you have caused so many problems for a previous acquirer that they have terminated your account, which means that the other acquirers will take care to do business with you in the future. The best way to avoid the MATCH list is to understand what can make you add, how to avoid it, and what to do if you end up on the list despite your best efforts. A business card usually contains the most important information about a company or individual. The information includes a brand name, company logo and contact information.
Contact information includes at least a telephone number and an email address. There is an ongoing debate about the correct abbreviation for mobile phones. As an abbreviation of the mobile phone number, different letters such as «T», «P», «O», «M», etc. are used. So the question is what is the right abbreviation for cell phones on a business card. MATCH is the renamed version of an older and more appropriate list, the Terminated Merchant File (TMF). It was developed by Mastercard to help acquiring banks identify high-risk merchants before entering into business agreements with them. The following table lists the default reasons why a trader should be added to the Trader Stopped or MATCH list. These are official reasons provided by Mastercard. We need the information you have about the original triggering event, including your agreement with the credit card company that put you on the list, any related documents, and any additional information that may be useful. Thus. You`re stuck on the list, right? Let`s explore what it really means for a trader to be put on the TMF or Match list.
Once all chargebacks have been corrected and no chargebacks have been created, it may be possible to delete the TMF list. If you`ve tried all sorts of things and still don`t know what to do, you may need to see a lawyer. We have worked with a variety of potential merchants and credit card associations and are sure to have the right person for the job. The only way to solve these types of problems is to check the accuracy of all the information and approach the mapping of the map itself, a request process in which we feel comfortable and can navigate safely. Contact us today for a free consultation to discuss how Global can help you with your MATCH/TMF issues. The only thing you need to do is give us the information and documentation of your previous processor, and we will do the rest! Although the TMF or Match list is managed by MasterCard, individual acquiring banks have the power to add or remove merchant names from the database if they warrant it. There is little oversight in this process; MasterCard expressly states in its security rules and procedures that it does not attempt to verify the accuracy or basis of a merchant`s registration on the TMF list, and that the data contained therein may be inaccurate or that the circumstances that led to a merchant`s registration may be contentious. For the financial institutions that offer them, merchant accounts present a certain risk. Irresponsible, unreliable or fraudulent traders can cause a financial loss to the processing bank that approved these traders. To protect themselves, many merchant account providers refer to a list known as the Cancelled Merchant File List (TMF) when considering new customers. The «Terminated Merchant File» or TMF list, also known as the MATCH (Merchant Alert To Control High-Risk) list, is a list compiled and managed by MasterCard of business owners (merchants) whose accounts have been terminated for various reasons in the last 5 years. When a merchant is added to the MATCH list, the company name, principal, and all business partners are recorded in the files and are not allowed to open new merchant accounts elsewhere.
This means that it will be incredibly difficult for you to meet your financial obligations as a business, as it will be particularly difficult to find a processing bank and process credit card payments. Once you are on the MATCH for a violation of the standards, it is extremely difficult to get a new merchant account. If your acquirer terminates your merchant account due to excessive chargebacks, Mastercard will ask them to add you to the MATCH list. In addition, there are several other reasons why you might be on this list that relate to security, illegal activities, bankruptcy, fraud, or non-compliance. «The Terminated Merchant File or TMF is a list compiled and maintained by MasterCard of business owners (merchants) whose accounts have been terminated for various reasons in the past 5 years.» From there, we will make it easier to work with the previous processor to delete from the MATCH file, no matter what type of business you are. It is also very important to follow the rules of writing national and international phone numbers. We should comply with Directive E.123 of the International Telecommunication Union while indicating the numbers on a business card. For national numbers, components that are not always composed are placed in parentheses; However, you cannot use a hyphen to separate the extension from the number. You can also group the main number to improve readability. However, according to recommendation E.123, groups should be separated by smaller rooms.
Example: (089) 123 4567. Needless to say, we find it heartbreaking that a trader lands on the MATCH list for reason 04 (excessive chargebacks) when so much can be done to avoid this. Merchants need to learn about the causes of chargebacks, improve customer service and other business operations that may result in chargebacks, and combat them to generate revenue and prevent chargeback fraud. For most businesses, a 0.9% chargeback rate is considered a cap on what`s acceptable, but since each chargeback can cost you more than double the amount of the initial transaction when all hidden fees and costs are factored in, a lower chargeback rate is always preferable. Unfortunately, a company cannot simply replace a new signer to be approved elsewhere because the company name, its main signatories and both addresses are recorded in the MATCH file. A trader`s problems can even follow them in independent businesses. The TMF effectively functions as a blacklist against traders deemed too risky by banking institutions. For this reason, every business owner should strive to understand how the list is operated and what a merchant can do when it is listed. Other basic codes deal with quite understandable reasons for shutting a merchant off their credit card processor, such as participating in money laundering programs, colluding with other merchants to set prices or otherwise scam customers, or failing to comply with important data security regulations. If you are on the TMF list or are looking for a merchant account listed match, PayKings is your answer. Many businesses and industries are referred to as «high risk,» making it difficult for them to receive credit card payments from traditional financial institutions.
Fortunately, high-risk merchant account providers like PayKings not only offer high-risk merchant accounts, but also make the process simple, fast, and hassle-free. Click here for your QuikQuote and accept payments in just six hours. At Durango Merchant Services, we are often able to help merchants who are on the TMF or Match list, but each case is unique. .