Merchant Portfolio Change Assessment Tool
Get meaningful third-party data about the risk implications of boarding new industries, processing methods, and/or billing methods.
As a risk and compliance professional, you are eternally getting pressured by your executives to expand into higher-growth and higher-risk areas.
And you need to provide an analytical assessment of the risk implications of those decisions, quickly and accurately.
So we created the Merchant Portfolio Change Assessment Tool to help you in that process.
By using the tool, in around 5 minutes, you’ll get:
- A snapshot of the current level of risk in your merchant portfolio
- A predicted level of risk if merchant portfolio changes are implemented
- A compliance operations risk score (so you can see how well equipped you are to take on the added risk)
And you can download all of it in an easily shareable PDF.
Now, you’ll have meaningful third-party data to provide to your executives to show the implications of adding a high-risk industry like CBD...as well as recommendations on what resources you would need to support it.
About this Grader
How does the grader work?
The grader consists of a series of questions about the mix of industries, processing methods, and billing methods accepted within your merchant portfolio. That information is used to assess your organization’s overall level of risk.
Additionally, the grader asks questions about existing risk and compliance processes for onboarding and monitoring merchants, based upon the card brand rules and recommendations, as well as industry best practices. That information is used to assess how well your organization is following requirements and best practices.
What will I get?
After completing the questionnaire, you will receive a grade that shows the following:
- The existing level of risk in your merchant portfolio
- The potential future level of risk in your merchant portfolio, based upon industries, processing methods, and billing methods you’re considering allowing in the future.
- How well your organization is following risk and compliance best practices
What will you do with my data and results?
Any data that is linked to your organization or email address will remain confidential and not be shared outside of LegitScript.
Who should take this quiz?
You should take this questionnaire if you want to…
- Understand your current and future merchant portfolio level of risk
- Understand how your risk and compliance processes align with best practices and card brand rules and recommendations
- Receive recommendations on how to improve your risk and compliance processes to reduce potential risk exposure
Terms and Conditions
LegitScript’s Merchant Portfolio Risk Grader (the “Risk Grader”) and the information provided therein (the “Information”) is for educational purposes only. Clicking “Agree” constitutes your agreement to follow and be bound by these Terms and Conditions.
These Terms and Conditions (the “Terms and Conditions”) govern your use of the Risk Grader. These Terms and Conditions constitute an agreement between you and LegitScript LLC and impose legal obligations upon you. By clicking “Agree,” you are acknowledging that you have read and understood these Terms and Conditions and agree to be legally bound by them.
2.0 Condition on Participation
You may use the Risk Grader only if: (i) your use of the Risk Grader will not violate any law in any applicable jurisdiction; (ii) you do not engage in any conduct that will impede, impair or interfere with the functioning of the Risk Grader or LegitScript LLC’s website(s) (the “Website”); and (iii) you agree to be bound by and abide by all of the provisions of these Terms and Conditions.
3.0 Disclaimer Regarding Content and Results
The Risk Grader is for educational purposes only. LegitScript cannot and does not guarantee that the Information provided, including any grades, risk analysis, or suggestions, is accurate, reliable, current, complete or appropriate for your needs. Risk analysis is a complicated and ongoing process; any information provided by the Risk Grader is not intended to, may not be relied upon, and should not be used to inform any compliance program.
4.0 Ownership of Information
The Risk Grader and the Information is made available solely as a convenience to you for general educational purposes for your internal use, subject at all times to these Terms and Conditions. Unless otherwise noted, all right, title, and interest in the Risk Grader and information, in all languages, formats and media throughout the world, including all copyrights and trademarks, trade secrets and/or proprietary information therein, are and shall continue to be the exclusive property of LegitScript, its subsidiaries, affiliates or licensors, or used under principles of “fair use.”
Certain materials may be made available for download from the Risk Grader. Subject to these Terms and Conditions, LegitScript grants you permission to download and copy such materials solely for your internal use. Without limiting any other right or remedy available to LegitScript, at law or in equity, the permission herein granted will automatically terminate in the event you breach the terms of this paragraph and, in such event you must destroy immediately all downloaded materials in your possession, custody or control.
EXCEPT AS OTHERWISE EXPRESSLY PERMITTED BY THE PRECEDING PARAGRAPH, YOU AGREE NOT TO REPRODUCE, RETRANSMIT, DISSEMINATE, SELL, DISTRIBUTE, PUBLISH, BROADCAST, CIRCULATE OR PROVIDE THE INFORMATION OR SERVICES OBTAINED FROM THE RISK GRADER IN ANY MANNER OR FOR ANY PURPOSES (PERSONAL OR BUSINESS) WITHOUT THE PRIOR EXPRESS WRITTEN CONSENT OF LEGITSCRIPT.
5.0 DISCLAIMER OF WARRANTIES AND LIMITATION OF LIABILITY.
You agree that neither LegitScript, its subsidiaries, affiliates, officers, directors, employees, agents or representatives shall have any liability, contingent or otherwise, for the truthfulness or accuracy of the Risk Grader or the truthfulness, accuracy, timeliness, completeness or correct sequencing of the Information, or for any decision made or action taken by you in reliance upon such Information or the Risk Grader, or for any other aspect of the Information or Risk Grader. You agree that you will not exploit or use the Information or Risk Grader in any way against LegitScript, its subsidiaries, affiliates, officers, directors, employees, agents, or representatives.
THE RISK GRADER AND INFORMATION ARE PROVIDED "AS IS" AND “AS AVAILABLE.” TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THERE IS NO WARRANTY OF MERCHANTABILITY, NO WARRANTY OF FITNESS FOR A PARTICULAR USE AND NO OTHER WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, REGARDING THE INFORMATION OR ANY ASPECT OF THE SERVICES (INCLUDING BUT NOT LIMITED TO INFORMATION ACCESS) OR THE RISK GRADER. YOU RECOGNIZE THAT THE ACCURACY OF THE INFORMATION SHOULD BE INDEPENDENTLY EVALUATED AND CHECKED BEFORE YOU RELY ON IT. YOU EXPRESSLY AGREE THAT YOUR USE OF, OR INABILITY TO USE, THE RISK GRADER OR INFORMATION IS AT YOUR SOLE RISK.
IN NO EVENT WILL LEGITSCRIPT BE LIABLE TO YOU, YOUR CUSTOMERS OR ANY OTHER PARTY FOR ANY DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, PUNITIVE, OR EXEMPLARY DAMAGES (INCLUDING BUT NOT LIMITED TO, LOST PROFITS OR DAMAGES THAT RESULT FROM INCONVENIENCE, DELAY OR LOSS OF THE USE OF THE SERVICES), OR CLAIMS ARISING IN TORT (INCLUDING NEGLIGENCE), CONTRACT, OR OTHERWISE, EVEN IF LEGITSCRIPT HAS BEEN ADVISED OF OR ARE OTHERWISE AWARE OF THE POSSIBILITY OF ANY OF THE FOREGOING. THE FOREGOING LIMITATIONS WILL SURVIVE AND APPLY EVEN IF ANY LIMITED REMEDY SPECIFIED IN THIS AGREEMENT IS FOUND TO HAVE FAILED IN ITS ESSENTIAL PURPOSE.
You acknowledge that documents posted to and content available at the Website may contain computer viruses. Should you download any such materials from the Website, IT IS YOUR RESPONSIBILITY TO PERFORM ANY SCANNING OR OTHER ANTI-VIRUS PRECAUTIONS AS YOU DEEM NECESSARY. UNDER NO CIRCUMSTANCES WILL LEGITSCRIPT BE RESPONSIBLE FOR ANY LOSS OR DAMAGE CAUSED BY ANY MATERIALS DOWNLOADED FROM THE SITE AND YOU ASSUME FULL RESPONSIBILITY FOR ALL COSTS ASSOCIATED WITH ALL NECESSARY SERVICING OR REPAIRS OF ANY EQUIPMENT OR DATA YOU USE IN CONNECTION WITH OUR SITE.
You agree to indemnify and hold harmless LegitScript, its subsidiaries, affiliates and their respective officers, directors, employees, agents and representatives from and against any and all claims, losses, liability, costs and expenses (including but not limited to reasonable attorneys’ fees) arising from or relating to your use of the Risk Grader or the Information, and/or your violation of these Terms and Conditions or any third party’s rights, including but not limited to copyright, proprietary and privacy rights.
7.0 Modification and Termination of Risk Grader; Modification of Terms and Conditions
Notwithstanding any provision in these Terms and Conditions, LegitScript reserves the right, in its sole discretion, at any time, to change or modify from time to time and/or terminate (i) the Risk Grader, (ii) any Information provided by the Risk Grader, or (iii) these Terms and Conditions. Please check these Terms and Conditions periodically for updates.
8.0 Personal Data and Consent for Data Use
9.0 Force Majeure
In addition to applicable disclaimers stated above, LegitScript’s performance under these Terms and Conditions shall be excused in the event of interruption and/or delay due to causes beyond its reasonable control, such as acts of God, acts of any government, war or other hostility, pandemic or widespread disease, civil disorder, the elements, fire, earthquake, explosion, acts of terrorism, power failures, equipment failure, industrial or labor dispute, acts of data providers or other third party information providers, third party software or communication method interruption.
10.0 Entire Agreement
Should any provision of these Terms and Conditions be held to be void, invalid, unenforceable or illegal by a court, such provision shall be valid and enforceable to the extent permitted by applicable law, and the validity and enforceability of the other provisions shall not be affected thereby. Failure of any party to enforce any provision of these Terms and Conditions shall not constitute or be construed as a waiver of such provision or of the right to enforce such provision.
12.0 Choice of Law; Choice of Forum
These Terms and Conditions shall be governed by U.S. federal law or the laws of the State of Oregon, U.S.A., without regard to its conflict of law principles In any action arising under these Terms and Conditions, you consent to the jurisdiction and venue of the state and federal courts of Oregon, U.S.A.
These Terms and Conditions shall not be assignable by you, either in whole or in part. LegitScript reserves the right to assign its rights and obligations under these Terms and Conditions.
Sections 1 (Agreement), 3 (Disclaimer Regarding Content and Results), 4 (Ownership of Information), 5 (Disclaimer of Warranties and Limitation of Liability), 6 (Indemnification), 9 (Force Majeure), 10 (Entire Agreement), 11 (Severability), 12 (Choice of Law; Choice of Forum), 13 (Assignment), and this Section 14 of these Terms and Conditions shall survive the termination of these Terms and Conditions and shall apply indefinitely, as will any other obligations under these Terms and Conditions that, by their nature, may require performance following expiration or termination.X