Frequently Asked Questions

< Back to search page

How do I determine whether my business would be required to conduct an independent assessment or a self-assessment?

FAQ Response

Merchants should contact the acquiring financial institutions with whom they have merchant agreements (for example, their merchant bank) to determine whether they must validate compliance and the specific requirements for performing and reporting their compliance validation. Service providers should contact the individual payment brands for further information.

February 2008
Article Number 1126