Elavon Releases Safe-T Security Solutions for Solutions for Small Businesses

According to the The National Cyber Security Alliance, 71 percent of data breaches take place at small businesses—generally with 100 employees or less.

Elavon, a leading global payments provider, and brank of U.S. Bancorp will now offer Safe-T Security Solutions for SMBs. This serves to offer these businesses the same level of payment security protection that national brands use to keep their customers safe and secure.

In accordance with Elavon’s design outlook for integrating an intricate security approach to all payment solutions, Safe-T incorporates crucial technologies including EMV, encryption, and tokenization in addition to data breach protection at an affordable rate.

“Small businesses are the core of our economy, but they may also be more at risk when it comes to credit card fraud and data breaches,” said Lori Haakmeester, North America product and innovation leader for Elavon. “With the holiday shopping season fast approaching and the Oct. 1 EMV liability shift, offering Safe-T to small businesses couldn’t come at a better time.”

In a recent study from Honeywell, it was revealed that 95 percent of consumers would feel more comfortable shopping at retailers who opt to use encryption technology.

Now, with Safe-T’s layered and advanced approach to security, small businesses as well as their customers will feel more secure in their payments.