Breakdown of PCI Merchant Levels
PCI Merchant levels and what it really means:
Level 1 >6,000,000 transactions annually
500,000 Transactions per month
~16,667 transactions per day
Fortune 100 retailers, web retailers, National and international banks, oil companies owning gas stations/convenience stores
Level II 1,000,000 – 6,000,000 transactions annually
83,334 transactions per month
~2,778 – 16,667 transactions per day
Convenience stores, utility companies (phone,electric, cable) small to medium retail stores, and web sites
Level III 20,000 – 1,000,000 transactions annually
1,667 -83, 334 transactions per month
~55 - 2,777 transactions per day
Small businesses, corporations who accept credit cards as a payment option
Level 1 >6,000,000 transactions annually
500,000 Transactions per month
~16,667 transactions per day
Fortune 100 retailers, web retailers, National and international banks, oil companies owning gas stations/convenience stores
Level II 1,000,000 – 6,000,000 transactions annually
83,334 transactions per month
~2,778 – 16,667 transactions per day
Convenience stores, utility companies (phone,electric, cable) small to medium retail stores, and web sites
Level III 20,000 – 1,000,000 transactions annually
1,667 -83, 334 transactions per month
~55 - 2,777 transactions per day
Small businesses, corporations who accept credit cards as a payment option
posted by Mark Mac Auley at 10:31 AM
1 Comments:
I believe this should say "Visa transactions", which is a big difference from saying all credit card transactions. If you look at the Visa.com/cisp web site, you'll see that it states the ranges of "Visa transactions annually" for each Merchant Level.
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