What Will Happen If I Am Not PCI Compliant? If your business is not according to the PCI Compliance requirements and your site’s security happens to get breached; then huge penalties will be imposed on your business ranging from $5,000 to $500,000. The fines are the first thing you will face due to being non compliant and there will be numerous other damages to your business that you will start seeing.
Terminated Merchant File If your business is not PCI compliant; then you might lose your merchant account, which means that you won’t be able to carry out any credit card payments. Not only this, but you will also be place in the Terminated Merchant File (TMF) of MasterCard/ Visa, which will make ineligible to get another merchant for at least a couple of years. The TMF is actually a BLACKLIST for the merchants from which getting your name removed is nearly impossible.