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How is a merchants compliance classification level determined?

April 26, 2017Classification compliance level merchant

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How is a merchants compliance classification level determined?

2 Answers

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A merchant’s compliance classification level is determined by annual transaction volume. The volume calculation done for you will be based on the gross number of Visa or MasterCard transactions processed within your merchant account. However, it will not be based on the aggregate transaction volume of a corporation that owns several chains.

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Your compliance classification level is determined by annual transaction volume. The volume calculation is based on the gross number of Visa, MasterCard or Discover transactions processed within your merchant account. However, it will be based on the aggregate transaction volume of a corporation that owns several chains.