07-28-2007, 12:03 PM
Quote: Visa USA has developed a program designed to help improve data security among small retailers and comply with the industrys Payment Card Industry Data Security Standard. More than 80% of all identified consumer compromises since January 2005 occurred at Level 4 merchants, Visa says. Level 4 companies are those that generate fewer than 20,000 Visa e-commerce transactionsor 1 million total Visa transactionsannually.
Level 4 merchants handle less than one-third of transactions in the Visa system but represent more than 99% of the merchants that accept Visa cards, according to the Electronic Transactions Association...
full article: http://www.internetretailer.com/dailyNews.asp?id=23220