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May 12th, 2017, 03:09 PM
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Join Date: Mar 2012
Re: Bank Of America Pci Compliance

The Bank of America Merchant Services supports only validated payment applications.

Costs and fees of a Bank of America merchant account appear to vary based on a merchant’s business type, processing volume, sales representative, and the merchant’s skill in negotiating pricing

As part of annual maintenance fee, Bank of America Merchant Services includes a PCI Level 4 Support Program through Trustwave to assist in your PCI Validation.

Multiple merchants report a $95 annual fee that may simply be PCI Compliance under a different name.

Get detail about the PCI compliance:



Charges:

Early Termination Fee Up to $495
PCI Compliance Fee Up to $95/yr
Equipment Lease Terms 48 month / Non-Cancellable

Bank of America has arranged preferred pricing with the Bank of America rate PCI Level 1–3 merchants.

Two Important Components to PCI:
Merchants must maintain compliance by satisfying the 12 PCI DSS requirements at all times.
Level 1–3 merchants must then validate or prove their compliance by meeting requirements that vary by “PCI level” classification


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