On April 10, 2012, Encore Payment Systems released a news release stating that they now have credit card security for small business. When reading this at first I was wondering why that had not offered this sooner. This is merchant services processing 101.
Yet, upon reading further in the press release I began to understand where they were really coming from. What they are actually offering is the ability to audit your company’s credit card processing setup to make sure that you are PCI complaint. This is a good and worthy service.
Choice Merchant Services offers this as part of all North AmericanBanard merchant service deals for free. Yet Encore Payment Systems takes it a step further by offering a $10,000 fine reinbursement guarantee:
The press release states:
Unfortunately, small business owners don’t always receive the vital facts when it comes to Payment Card Industry Data Security Standard (PCI DSS) compliance. PCI DSS is an organization established to ensure that all companies that process, store or transmit credit card information maintain a secure environment. PCI Compliance is a multifaceted issue affecting great amounts of people in large and small businesses alike which is why Encore Payment Systems is now offering their merchants to become PCI DSS compliant.
Encore’s compliance team helps merchants to become compliant, scans computers for any data vulnerabilities and will cover small businesses who have completed the compliance process with up to $10,000 in fine reimbursements from a security breach event.
