Terminated Merchants (TMF): What does it mean if I want a merchant account?

credit card merchant accounts : iMerchantNetwork.com

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	Retail, MOTO/Phone, Internet & Wireless Merchant Accounts
	High Risk Merchant Accounts
	High Volume / Offshore Merchant Accounts

What is a terminated merchant (TMF)?
Can I ever get another credit card merchant account?
- by iMerchantNetwork.com

If you’ve had a merchant account in the past and been terminated for whatever reason, you are placed on a list of terminated merchants. This is bad news.

Low-risk processors and banks will most likely NOT accept you as a merchant. They all check against the equivalent of a “blacklist” before processing your new merchant application. If you are on it, you will be declined.

High-risk merchant providers will generally accept TMF merchants (at higher rates of course). It’ll probably be your only option for a merchant account, other than 3rd party processors like Paypal, 2Checkout.com or ClickBank.

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