The eCommerce business world is growing at a rapid pace. The industry has tripled and people prefer selling goods online. This can open up a whole new platform. The internet gives eCommerce businesses access to a greater number of potential customers. Some merchants do not fulfill account agreement policies. This can result in high chargeback ratios, process fraudulent transactions. Eventually, the account will end up as a Terminated Merchant File. This is a list you do not want to be on as a respectable business. If your business falls under the TMF category it can be difficult to recover. The Terminated Merchant list is referred to by acquiring banks and financial institutions that give the verdict if an applicant is either accepted or denied of TMF merchant account services.
Once you have made it onto the TMF list it is a hard road back to the other side. Most banks and merchant accounts will not accept your application. Almost 100% of the time your business will not be taken in by payment processing again. After your business makes the cut on the list for negative payment processing history, it is nearly impossible to get your business off the TMF list. High Risk Payment Pros is a high-risk merchant account provider that helps businesses, which have appeared on the TMF, secure merchant account solutions with one of our acquiring banks.
At High Risk Payment Pros, our team of knowledgeable underwriters has substantial experience in sourcing TMF related accounts. If your business has been shut down and you need immediately TMF merchant account recovery you have come to the right place! Regardless of the problem of the account – whether that is a failed business model, fraud, merchant collusion, or excessive chargebacks, being subjected to the TMF account list is the worst to happen to a business. Once your payment processing is shut down it is impossible for the business to be profitable anymore, considering no money is coming in. If your business has been put on a no return list it can be frustrating fighting for your business, we understand.
If your TMF merchant account has been shut down, High Risk Payment Pros has the high risk experience that meets your needs. We understand and have done the research to get your business back on track. If you are labeled as a TMF merchant account it can be very hard to do business or make money. However, we believe everyone deserves to make their company better and we give you the tolls and chargeback prevention management that your business needs. If your TMF merchant account has been shut down, it can be resolved with a new merchant account provider that is better suited to your needs and business.
You might be wondering if it is all too good to be true. Well, it’s not. At Payment Pros we truly believe in our customers; everyone deserves to succeed and have a reliable and reputable payment processor partner. A business cannot function if it doesn’t have proper payment processing put in place. It is a vital component of any new start-up company. Therefore, it is nearly impossible to not have payment processing. High-Risk Payment Pros can help with your TMF merchant account solutions. We have the prevention tools you need to be a successful business. We are confident in the longevity of your company and we work with you towards success!
Once classified as a high-risk TMF merchant account it is impossible to backtrack from being on the list. Your business is easily affected and harmed in the process. Legalities aside, almost all banks will not do business with you if you are listed as a TMF merchant account. There options available to you and ways around TMF merchant accounts. If your business is labeled as high risk and TMF then chances are all traditional banks will look the other way if you are seeking merchant account services.
Lastly, your TMF merchant account can easily be denied, shut down, and worse added to the TMF list. Credit card processing accounts can be canceled for a wide variety of reasons, however, it has nothing to do with illegal activity with an account. For example, you can have your credit processing account terminated for excessive chargebacks or poor customer service. Your account will struggle to make its way back to where it once was. Once harmed it is difficult to recover. However, you will need to look for more efficient and knowledgeable payment processing. That’s where High-Risk Payment Pros comes in! Apply today and get approved in as little as 24 hours with our experienced underwriting team.
Looking for a TMF merchant account?
Well, for starters it’s in the name, high risk, that is our specialty. At High-Risk Payment Pro’s we understand the challenges businesses face once they are categorized as high risk. Payment Pro’s has strong banking relationships and savvy technology to bring you the payment processing you and your customers deserve. We have expert experience in getting TMF Merchant Accounts approved and accepting online payments in no time!
