I run an SME which will require a POS Terminal for taking Card Payments. Where can I obtain damage/theft insurance cover for the terminal plus is there any fraud insurance available and if so, where please?
Each time you accept card payments, you need to make sure that you are protecting your business and your customers' card data. We are all consumers, so we woubd be worried if every time we make a purchase by card, there is a risk our card information could be exposed to potential data theft.
Becoming PCI DSS compliant with our card payments providers programme minimise that risk. In the event that something were to happen, your business would be protected and data compromise assessments would be reduced.
Hope this helps