The merchant can now reap the benefits of a lower risk of liability associated with data breaches, in addition to the very low cost of this software, making it an increasingly attractive option for them to offer.
Brooklyn, NY (PRWEB) February 15, 2011
Mega M LLC, a national merchant solutions provider of both conventional and modern payment processing services and solutions is proud to offer a mutually beneficial resolution for the processor as well as the consumer. Tokenization, a data security solution, brings forth peace of mind to the industry by reducing liability risks associated from a data breach of confidential cardholder information.
As the number of payment card transactions across the globe increases the threat of a breach of data security also increases accordingly. These data breaches and ultimately the financial liability associated with them are rapidly growing throughout the financial community. Cardholders as well as the merchants are justifiability alarmed from the rise of fraudulent activity that is occurring throughout the globe when it comes to the safeguarding of confidential cardholder information.
As it has been in the past, when there is a breach of security of confidential information, both the consumer and the merchant loss out and are ultimately financially responsible for the fraudulent transaction(s) that transpire from the infringement. As it stands today TransArmor Security Solutions, like Tokenization, are emerging into the global marketplace as a solution that will save the day by providing an extra layer of security and protection for all credit card transactions.
“Tokenization, is the holy grail for merchant solutions providers all over the world. It’s a win-win way out on all fronts. The merchant now can offer all their consumers an extra layer of protection for their continental information. The consumer may now shop and pay for their merchandise without the added worry of having their credit card information stolen and used,” says Miron Gilyadoff, Mega M’s founder and CEO. He continues to state, “The merchant can now reap the benefits of a lower risk of liability associated with data breaches, in addition to the very low cost of this software, making it an increasingly attractive option for them to offer.”
To learn more about TransArmor Security Solutions and the benefits of Tokenization, as well as deciding which business solution is most appropriate for you, please visit the Mega M LLC website at http://www.MegaMLLC.com or call (888) 634-2657 now for more information on how to reduce your risk of liability associated with a data breach of confidential cardholder information.