Navigation
VISA MODIFIES MERCHANT CATEGORIES IN PCI COMPLIANCE
Jul 24, 2006

Visa USA announced Friday changes in merchant categories for its Payment Card Industry Data Security Standard (PCI). The changes are designed to decrease the risk of data compromises for higher volume merchants, Visa reports. The level 2 merchant category has been broadened to include any merchant processing 1 million to 6 million Visa transactions a year in any card acceptance channel.
Previously, the level 2 category covered merchants that processed between 150,000 and 6 million Visa e-commerce transactions per year. Visa estimates the change means about 1,000 level 4 merchants will move into the level 2 category, and the same number of level 2 merchants will be moved into level 3. Merchant acquirers will inform their affected merchants in the next two months, Visa reports. The affected merchants will be required to validate their PCI compliance with their acquirer within 12 months after being informed of the change. There is no change for level 1 merchants. The level 3 category will now cover any merchant processing 20,000 to 1 million Visa e-commerce transactions a year from those processing 20,000 to 150,000 Visa e-commerce transactions a year. Level 4 will now include any merchant processing less than 20,000 Visa e-commerce transactions per year, and all other merchants processing up to 1 million Visa transactions a year.

PREVIOUS POSTS
Jun 06.06 | Catherine N. Pagliaro, CEO, C.N. Wylie Group Inc., DESIGNATED ePHILANTHROPY MASTER TRAINER (ePMT)

Vancouver, British Columbia (June 5, 2006)
Catherine N. Pagliaro, CEO, C.N. Wylie Group Inc., is one of 49 fundraising professionals from around the world to be named an ePhilanthropy Master Trainer (ePMT) by the ePhilanthropy Foundation. read more

May 29.06 | PCI OVERSIGHT BODY IN THE WORKS:

PCI OVERSIGHT BODY IN THE WORKS: Five U.S. card networks reportedly are discussing the development of a formal organization to oversee the
Payment Card Industry Data Security Standard, commonly known as PCI. read more

May 26.06 | Batten Down Online Shopping Carts, Visa Warns!!!!

BATTEN DOWN ONLINE SHOPPING CARTS, VISA WARNS: Visa USA is warning today
of an increase in a particular type of attack on online merchants and
recommending strategies to address it. read more

Mar 16.06 | C.N. Wylie Group Inc. Achieves PCI DSS Compliance Dec. 12, 2005!

Vancouver, BC – Dec. 12th, 2005
The C.N. Wylie Group of Companies including: PayPaq Solutions Inc.; Strategic Profits Inc.; Helpforcharities.com Inc.,; SPIguard Security Solutions Inc.; Communitystorefronts.com is pleased to announce that they have achieved compliance through the PCI (Payment Card Industry) DSS (Data Security Standards)! read more

Nov 06.05 | Helpforcharities.com Inc. completes INTERAC Online integration for Canadian Red Cross

VANCOUVER, British Columbia-- (BUSINESS WIRE)-November 6, 2005-
Helpforcharities.com Inc. announced today the "go live" of INTERAC Online
technology by completing integration of the new INTERAC Online technology to Canadian
Red Cross's online donation page read more

Oct 06.04 | C.N. Wylie Group Inc. and Strategic Profits Inc. Corporate Restructuring

VANCOUVER, British Columbia--(BUSINESS WIRE)-October 6, 2004-C.N Wylie Group
Inc. today announced the launch of their
new corporate site and finalization of its corporate restructuring read more

ARCHIVE