NoblePay introduces the PCI DSS Compliance Protection Plan

Being PCI DSS Compliant is now mandated by the card associations to help protect customers from having their sensitive data compromised.

It’s also designed to make sure merchants who are handling sensitive data are doing so in a responsible manner.

Operating without being compliant exposes you & your business to potential fines and loss of the ability to accept credit cards.

While being PCI DSS complaint helps protect your business it doesn’t guarantee you won’t be breached.

All processors including NoblePay have created a PCI compliance programs to help their merchants become compliant.

We have a live support staff and have contracted with the CISO Group to help us walk you through the process.

Others in the payments industry have simply licensed web based compliance technology to walk you through the survey required to become compliant.

Some charge for this service, others do it for free but all they’re doing is providing you with a certificate of compliance.

Frankly that’s not good enough!

Being PCI DSS compliant helps protect your business but it doesn’t guarantee you won’t be breached (meaning from viruses, malware and other methods used to steal credit card data).

Obtaining your PCI DSS certification is only the 1st step in protecting your business.

This where the NoblePay PCI DSS Compliance program exceeds industry standards.

We’re not interested in collecting compliance we’re interested in protecting your business!

Our PCI Department will not only assist you with becoming compliant we’ll provide you with a protection plan which includes insurance should your business ever become breached.

Program Overview

The PCI Protection Plan is a new and unique indemnification program acquired to reduce monetary exposure in the event of a data compromiseof a merchant account.  The PCI Protection Plan is designed specifically to meet the expenses resulting from a suspected or actual breach of credit card data from a merchant account.  The program is offered exclusively by Royal Group Services (www.royalgroupservices.com) and underwritten by Great American Insurance Group (www.greatamericaninsurance.com), a financially strong insurance organization whose insurance companies are rated “A” by independent third party rating agencies.

The Program Covers

The Program Limits

Each merchant account is protected up to a maximum of $50,000 and there is NO deductible.

Frequently Asked Questions

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 PCI Protection Plan reduces a protected merchant account’s monetary exposure when a presumed or actual data compromise occurs, thus providing peace of mind!

What insurance company underwrites this program?
Great American Insurance Group (www.greatamericaninsurance.com) has collaborated with RGS to create this program. Great American is a well-established, financially strong insurance group whose insurance companies hold “A” ratings from independent third party rating agencies.

What is the the protection limit?
The maximum protection is $50,000 per incident, for each merchant account.

Is there any deductible?
There is NO deductible!

If a merchant agreement has multiple merchant accounts, is each account protected for $50,000
The PCI Protection Plan provides protection on a per-merchant account basis but an incident and annual limit of $500,000 does apply to a merchant agreement with ten or more protected merchant accounts.

Can any merchant account qualify for this program?
Any Level 2, 3 or 4 merchant account is eligible, provided it has not already suffered a data compromise. Level 1 merchant accounts are not eligible for this protection.

Must a merchant account be PCI DSS compliant in order to be protected under the Program?
No. However, if a merchant account experiences a breach, the merchant account must become compliant before that merchant account can participate in (or re-enter) the Program.

Level 4 merchant accounts aren’t breached often are they?
Absolutely, they are! Nearly two thirds of all breaches occur at Level 4 merchant accounts. In fact, Eduardo Perez, VISA USA’s Vice President of Payment Systems and Risk, stated at the 2007 Electronic Transactions Association trade show in Las Vegas, “Hackers are concentrating on the smaller merchants… that’s where we see the greatest vulnerability.”

If the transaction processing system used with a merchant account does not store magnetic stripe data, can it still have a data compromise?
Yes! While it is true that merchant accounts that store magnetic stripe data are the most vulnerable, there are a number of other risks. For example, missing or outdated security patches, using vendor supplied default settings and passwords, SQL injections by hackers, unnecessary and vulnerable services on your servers, stolen receipts, stolen computers, employee theft, and skimming can all lead to significant data compromises and subject the merchant account to audits, card replacement costs, and fines.

IF a merchant account is certified to be PCI DSS compliant. Does it still need to be in the Program?
Yes! Certification of PCI DSS compliance is not a guarantee that a breach will not occur. The analogy that best describes the situation is this: “You can have the best alarm system in the world, but it is useless if you don’t turn it on.” Also, the Program covers employee theft and the physical theft of data. PCI DSS compliance alone cannot prevent these losses.

How is a data compromise reported for the Program?
To report a data compromise you simply have to: (1) complete the online claim form; (2) submit (via the web or fax) the notice from the card brand or acquiring bank that stipulates there has been (or there is the suspicion of) a data breach at your covered location; and (3) submit (via the web or fax) a copy of the invoice provided by the certified PCI DSS auditor.

To submit additional expenses on an open claim you simply have to: (1) enter your claim number in the online claim form; and (2) submit (via the web or fax) a copy of the demand for payment from the card brand or acquiring bank that explains that these demanded reimbursements/fines were the result of an actual data breach.

If a merchant account does suffer a loss, how quickly will the claim be processed?
Quickly! Once the relevant documentation is provided, the requests for payments will be processed. Assuming that the documentation is in order, the request should be processed within thirty days.

Credit helps your business

As an entrepreneur, you do a fair amount of travel.  When you are in a remote place, though, that doesn’t mean that you are not working at promoting your business.  You are still a business owner, no matter where you are.  So, if you are able to sell your services or products from remote locations, why not do so?  While cash is an obvious choice, you are in a place where you aren’t really well known.  People where you are now located may prefer to use credit cards when dealing with businesses that they have no previous relationships with.

Grow your customers

One of the benefits of being in a high traffic area is the power of impulse buys.  If your business has the benefit of being located near an area where people walk, then your business may have lots of potential customers. 

Profits for your business

Street fairs have a steady stream of customers over a fixed period of time.  For the most part, most customers spend their available cash on food items first.  However, just because your customers don’t have cash available doesn’t mean that you can’t do business with them.  Customers who run out of cash, will almost always, resort to purchasing the items they have their set on with a handy credit card.  And since your business accepts credit cards, you were able to capitalize on your perfect location.   The act of setting up your both at a remote location was the extent of your difficulty, because you were able to profit from the impulse buys of the patrons who passed by your particular booth.  Another benefit of accepting credit cards is the fact that many buyers have a tendency to spend more than if they had cash in hand.  A credit card user is less likely to count the cost of the items purchased, but on the other hand might be more than likely to look at a street fair as an opportunity to buy gifts for friends for a future occassion, or just because the product sold is unique.  The benefits of accepting credit cards continue to exhibit themselves in the form of steady sales.  After doing the math, it’s crystal clear that the benefits of accepting credit cards in addition to cash far outweigh the cash only model.  So what are you waiting for?  Visit Noblepay.com to learn how to get the process started.

Now accepting credit cards

Owning a business is a dream come true for many entrepreneurs.  However, as your business grows, the difficulty of managing all of the loose cash coming in can be headache inducing.  And not to mention fear inducing, because those trips to the bank with the cash that you’ve earned from your business could all be gone in a flash if you were a victim of wrong place, wrong time.  So what’s keeping you from visiting Noblepay.com and learning about all of the benefits that you as an entrepreneur can take advantage of?

With Noblepay, there are no hidden fees for you to worry about, and no termination fees.  You have lots of responsibilities as a business owner, and Noblepay recognizes that.  Noblepay would rather you focus your energy on growing your business than worrying about all of the possible fees that go along with accepting credit cards.  The application process for Noblepay is probably the easiest you ever completed.  And let’s face it, credit cards are here to stay, and given the option, people would rather pay with a credit card than with cash.  Why fight the tide of credit card enthusiasm by demanding only cash when you could gain many more customers just by putting up a sign acknowledging the fact that you also accept credit cards?  Merchants who accept credit cards get built in marketing simply by accepting credit cards.  So Visit Noblepay.com for all the details, watch your business grow, and kiss the headaches goodbye simply by accepting credit cards.

If you’ve been unable to get a domestic merchant account in the United States we can help.

We’ve searched long and hard to find a home for our domestic declines as well as business types we could never place before.

Our new high risk bank is a focused high risk payment processor, with innovative proprietary software systems designed to meet the needs of online merchants. The payment gateway they use has grown in reputation as a leading platform in the high risk space, with leading fraud protection systems which help to greatly reduce fraud and charge-backs. A large number of processing professionals including experienced security analysts and highly trained technical support staff are at work 24 hours a day, seven days a week, to ensure merchants receive a reliable, secure and seamless merchant payment service. Our high risk partner offers merchants a full complement of innovative web-based payment products along with dedicated and attentive support that we believe is unmatched in the high risk sector.

How is NoblePay’s high risk solution different from 3rd party brokers?

NoblePay’s high risk processor is different because they are not the middleman; they have their own proprietary gateway that directly links to their own partnering banks, hence they can come through when others cant. As a registered IPSP with PCI DSS compliance, you know you can trust and rely on NoblePay to deliver a secure and stable solution to your merchants.

MAXIMUM ACCOUNT APPROVAL!

NoblePay’s high risk processor will approve almost any legal high risk merchant, regardless of location, industry or credit status including but not limited to:

• * Adult Related Sites & Products
  * Amusement & Recreation Services
  * Auto Rental
  * Bail Bondsmen
  * Buying, Shopping & Wholesale Clubs
  * Cellular Phones & Beepers
  * Check Cashing Services
  * Cigarettes/Tobacco Online
  * Coin Shops
  * Collection Agencies
  * Computer Stores
  * Credit Repair
  * Credit Interest Rate Reduction
  * Dating (online, agency, escort)
  * Debt Collection
  * Detective Services
  * Door-to-Door Sales
  * Downloading of Software/E-books
  * Escort Services / Massage Parlors
  * E-wallets/E-cash
  * Extended Warranties
  * High Volume / High Ticket
  * Home Operated Businesses
  * Horoscope / Fortune Tellers
  * Infomercials
  * Insurance Products
  * Investment Opportunities
  * Jewelry Sales Online
  * Lotteries
  * Mail Order/Telephone Order (MOTO)
  * Meat Provisions, Freezer, Lockers
  * Modeling Agency/Talent Agency
  * Mortgage Services / Securities Sales
  * Multi-level Marketing
  * OEM Software
  * Offshore Accounts
  * Outbound / Inbound Telemarketing
  * Pawn Shops
  * Pharmacy (online pharmaceuticals / vitamins & herbs)
  * Prepaid Cards/Telephone Cards
  * Replica goods (watches, bags, jewelry, etc)
  * Seminars, Educational
  * Sports Cards
  * Sports Forecasting / Consulting
  * Telecommunications Equipment Sales
  * Ticket Brokers
  * Time Share Sales
  * TMF (Merchants that were shut off)
  * Travel
  * Used Auto Sales
  * Water Purifiers
  * Weight Loss Centers
  * Wholesale Imports

Why should you use NoblePay’s high risk processor?

• * NO Offshore Corporation Expense – Our domain deed & reversal of deed solution eliminates the typical expense of setting up an offshore corporation
  * PCI DSS Certified – With PCI DSS certification merchants can be rest assured their payment system is in safe hands
  * Proprietary Gateway – A proprietary gateway ensures regular and rapid product improvements
  * NO Processing Limits – With NO processing limits a business can grow unrestricted
  * Credit card, ACH & E-Check – Solutions for all major credit card, ACH & eCheck processing
  * Reduced Chargebacks – Advanced fraud protection systems with 24 hour human monitoring and custom tools that significantly reduce charge backs
  * Competitive Pricing – competitive pricing and solutions for all types of business
  * Custom controls & Reports – Merchants gain greater controls with advanced reports & alerts
  * Easy Integration – easy integration options with technical support
  * Multi-Currency – multi-currency international payment support
  * Real-Time ACH – unique real time ACH system that provides real time approval for a transaction, rather than the typical delay of 2- 3 days

My name is Christopher Swift and I’m the founder of Noble Payment Systems, NoblePay.Com and I’ve been helping business owners accept credit card payments for over 14 years. My wife Paula Swift, of Paula Swift Photography, is a professional photographer who introduced me to the photography industry; I then formed a brand called PhotoPayments.Com which is dedicated to helping photographers accept credit cards.