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Why Comply with CISP? 
 
The following information was taken directly from Visa’s website (
): 
 
The CISP requirements help Visa members, merchants, and service providers protect their 
information assets and meet the obligations to the Visa payment structure. Other benefits 
include:  
 
• 
Consumer confidence: Reports of hacker attacks, stolen credit card numbers, 
and identity theft have left consumers demanding absolute assurance that their 
account data and other personal information is safe.  
 
• 
Minimized threat to your reputation and financial health: Financial and 
resource outlay is minimal compared to the costs associated with the reactive 
hiring of security and public relations specialists, or the loss of significant revenue 
and customer goodwill that can result from a compromise.  
 
If a merchant or service provider refuses to participate in CISP, Visa may impose a fine on 
the responsible Visa Member. Ultimately, merchants and their service providers must meet 
the CISP requirements to continue to accept Visa Payment products.  
 
 
CISP compliance penalties 
 
Failure to comply with CISP standards or to rectify a security issue may result in:  
 
• 
Fines (described below) 
• 
Restrictions on the merchant; or  
• 
Permanent prohibition of the merchant or service provider's participation in Visa 
programs.  
 
The following fines apply for non-compliance, within a rolling 12-month period:  
 
• 
First violation: $50,000 
• 
Second violation: $100,000 
• 
Third violation: Management discretion  
 
 
More Information 
 
Note: 
VeriFone, Inc. highly recommends that you contact whoever set up 
your ability to process transactions and find out exactly what they mandate 
and/or recommend. Doing so may help merchants protect themselves from 
fines and fraud. For more information related to security, visit: 
 
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