MerchantService.com Offers $50,000 in PCI Breach Coverage Insurance to Merchants

SARASOTA, Fla., Nov. 8, 2011 /PRNewswire/ -- MerchantService.com, a leading merchant services provider of credit card processing, is pleased to announce that starting in November they now offer all of their merchants up to $50,000 in PCI breach coverage insurance.

The PCI breach coverage will pay up to $50,000 for:

• Fines and other monetary assessments levied by card associations or regulators.
• Costs of a security assessment and/or forensic audit.
• Bank card replacements and related costs.
• Services to help mitigate financial losses to customers impacted by the incident.
• Customer identity recovery services and credit monitoring.

"There's no need to worry about being caught in between your processor and customers following a breach," said Gino Kauzlarich, co-founder and owner of merchant services provider, MerchantService.com. "Gain peace of mind with our PCI breach insurance. Our coverage will pay the multiple expenses incurred by your company, helping to ease and expedite resolution of the incident for everyone involved."

Because a security breach can be so damaging to both merchants and their customers, nothing is more important than keeping payment card data secure. To do so, compliance with the Payment Card Industry's Data Security Standard (PCI DSS) is vital for all merchants who accept credit cards, online or offline.

The PCI recently released new point-to-point encryption (P2PE) requirements for merchants to maintain compliance with the PCI DSS, and to help their merchants even more, all new credit card machines from MerchantService.com are compliant with the new PCI DSS requirements.

"Even our wireless credit card machine terminals support the new standard for PIN encryption, so you know with MerchantService.com you will always be compliant with the PCI DSS," said Kauzlarich.

For more information on PCI breach coverage insurance or PCI DSS-compliant credit card machines from MerchantService.com, visit www.MerchantService.com.

Full press release available here: http://www.merchantservice.com/merchant-account-blog/index.php/2011/11/merchantservice-com-offers-50000-in-pci-breach-coverage-insurance-to-merchants/

About MerchantService.com:

Established in 1995 by founders Gino and Julie Kauzlarich, MerchantService.com is a leading provider of today's most innovative and cutting-edge wireless credit card machine services. Their innovative method of offering credit card merchant services and solutions through a consultative team approach designed to increase merchants' bottom line profits while also increasing total sales, accelerating cash flow and improving efficiency.

SOURCE MerchantService.com