PCI Compliance | Level 4 Merchant
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Level 4 Merchants:
According to Visa’s Website, a level 4 merchant is described as: Any merchant processing fewer than 20,000 Visa e-commerce transactions per year, and all other merchants-regardless of acceptance channel-processing up to 1,000,000 Visa transactions per year. Please keep in mind that this reffers to Transactions Processed, not dollar volume processed.
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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Tags: Compliance, Credit Card Processing, Level 4, PCI
