You’ve invested time and money into building up your business. Don’t let credit card thieves take away what you’ve worked so hard for. The Card Compromise Assistance Plan (CCAP) provides business owners peace of mind knowing they are protected from the crippling expenses associated with a real or suspected card breach.
Frequently Asked Questions
Many merchants depend on receiving their deposits quickly in order to keep the business running smoothly. With Central Payment, most of our merchants are qualified for Next Day Funding and REAL money is deposited, not just a memo note.
CCAP covers your business up to $100,000 per Merchant Identification number (MID) and potentially up to $1,000,000 annually for multi-location businesses with no deductible.
1. Any mandated forensic audit expenses when a compromise is suspected.
2. Card replacement costs and any related expense from the suspected breach.
3. Any PCI DSS assessments and fines levied by the card brands.
4. Assistance with data breaches due to network hacking, skimming, and physical losses resulting from: third-party theft of computer or paper records, employee dishonesty, fraudulent, malicious or criminal act, error, or omission.
CCAP is offered exclusively by Royal Group Services and underwritten by American International Group, Inc. (AIG)
For the price of $7.95 a month, or roughly three cups of coffee, your business can get protection up to $100,000 or $1,000,000 for multiple locations.
Nearly 90 percent of all breaches occur at Level 4 businesses (small to medium size). “Hackers are concentrating on the smaller merchants. That’s where we see the greatest vulnerability.” -Eduardo Perez, VISA USA’s Vice President of Payment Systems and Risk