Archive for July 3rd, 2008

PCI Compliance | Level 2 Merchant

Thursday, July 3rd, 2008

Welcome back!

Level 2 Merchant:

According to Visa’s Website, a Level 2 merchant is described as: Any merchant-regardless of acceptance channel-processing 1,000,000 to 6,000,000 Visa transactions per year. Again, please keep in mind that this is Transaction Volume, not dollar volume.

PCI Compliance Requirments:

An annual PCI Self-Assessment Questionnaire is to be completed ans signed by the Principal or Officers of the company. Questionaire should be available by contacting your merchant services provider.

A Quarterly Network Scan provided by an Approved Scan Vendor, is also required.

Again, please direct any questions to your merchant services provider, as failure to become compliant could result is termination of your credit card processing agreement.

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