Visa will pay retailers to become PCI compliant by August 31, 2007. Only catch to the program is that Visa will actually pay the cash to the bank that acquires and processes the credit card information. Visa handed out $4.6 million in PCI fines in 2006. Less than 40% of Level 1 merchants are PCI compliant, and less than 20% of. Level 2 merchants process more than 1,000,000 Visa transactions per year. These are the companies that process more. than.”]
Source: https://www.csoonline.com/article/2135969/how-to-sell-compliance.html