>Why do merchant accounts need this coverage?

Why do merchant accounts need this coverage?

If a merchant account suffers a suspected or actual data breach, the business responsible for the merchant account could incur thousands upon thousands of dollars of unexpected costs in the form of audit expenses, card monitoring and replacement expenses, and fines. These costs could significantly affect revenue…and even jeopardize the existence of a business. The Newtek Breach Protection Program reduces a protected merchant account’s monetary exposure when a presumed or actual data compromise occurs, thus providing peace of mind!

2016-12-08T16:05:12+00:00December 8th, 2016|0 Comments

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