Spot for Payments Companies
We get quotes that follow your payment flow, compare them with you on more than price and help you buy before a bank partner asks.
Your Spot team maps where card data enters, which systems hold or move it, who can touch funds, and which banks, processors and vendors sit in the flow.
When a bank, acquirer or card network asks for limits or a bond, Spot asks for the precise rule or contract clause, confirms it applies to your role and checks it against your policies.
Cyber liability insurance
Cedar Advisory · Policy review
Confirm with your broker
Limits, exclusions, and endorsements
When the market responds, Spot maps a card-data breach, a routing error, a vendor outage, an unauthorized transfer and an employee act to each proposal.
Cyber liability insurance
Incident response · Business interruption
Cedar Advisory
Share what you do, where you work, the policies you have and any contracts that ask for insurance.
Spot turns it into an application that describes your business the way insurers need to see it.
Spot handles the procurement, sending it to the insurers and markets that cover businesses like yours and chasing every quote.
We put the quotes side by side on limits, exclusions and terms as well as price.
You choose. Spot places the policy for you, and certificates are ready when a customer or landlord asks.
You store, process or transmit cardholder data, so a breach or routing error can reach merchants, acquirers and card networks.
Your team or systems can approve transfers and change account details, which is where crime and social-engineering questions start.
Customers build on your ledger, reconciliation or settlement APIs, and an error becomes their financial loss.
Terminals and devices sold alongside your service add general liability to the cyber and technology questions.
The policies companies like yours are usually asked for, and when each one comes up.
Your product stores, processes, transmits, or can affect the security of cardholder data or connected payment systems.
You provide gateways, routing, ledgers, reconciliation, APIs, settlement instructions, or payment software.
Employees or systems can redirect funds, approve transfers, change account details, or act on payment instructions.
A bank, card network, program, rule, or contract asks for a bond or fidelity protection.
You host visitors, operate a physical location, or provide hardware in addition to payment services.
Get quotes from 50+ payments insurance providers with Spot.
Note the named insured, service, limits, additional insured terms and evidence they expect before you compare quotes.
Get the exact rule or clause, the bond form, covered persons and limit, and confirm the request applies to your role.
Holding or transmitting funds changes your crime and errors and omissions questions. Update the submission before launch.
Use the new data map to complete the cyber application; it shapes what you disclose but doesn’t decide which policy responds.
Also known as payments company insurance, payment processor insurance, payment processing insurance, payment facilitator insurance, payfac insurance, money transmitter insurance and digital wallet insurance.
Get quotes from 50+ payments insurance providers with Spot. Keep your broker or switch, with no commissions on premiums.
Get StartedRead these before you choose a policy or an insurer.
