Some lists you want to be on-like the VIP list. But the TMF is one list you don’t want to be on. We’ll talk about what this means for your business, how to avoid getting on the TMF list and what to do if you…
Tag: TMF Match
How to Stay Off the MATCH File
MATCH File? Even if you’ve never been on the dreaded Terminated Merchant File (also known as TMF MATCH) list, you need to take measures to ensure that you don’t end up on it. How? For starters, rethink whom you do business with. Signing up with the wrong…
Remedies for Chargebacks
Chargebacks Remedies To keep your chargeback ratio in check you have to take a proactive role. You can actually prevent chargebacks from escalating – and counting towards your monthly allotment. The most common categories for chargebacks include point-of-sale errors, customer disputes, and fraud – and within these…
Chargeback Ratios… the Unwritten Rules
While Visa and MasterCard don’t approve merchant accounts, they do hold all the cards – pardon the pun – when it comes to setting chargeback ratios. Chargeback ratios are calculated by dividing your monthly sales by the number of chargebacks or the total dollar amount of the total chargebacks…
Want to Pay by Credit Card? Minimum Purchase $10
“Minimum Credit Card Purchase is $10″ If you have seen a sign like this at a retail store, you are not alone. No matter what the sign says, if a merchant accepts credit or debit cards, you are allowed to use any card they accept…