Security Technologies for PCI Compliance
During its review of the current PCI compliance regulations, the PCI Security Standards Council will begin considering new card data security technologies that help merchants protect sensitive cardholder information. Although no revisions to PCI DSS are expected in 2010, Mark Lobel, principal at PricewaterhouseCoopers, suggests there will be a strong push for end-to-end data encryption, tokenization, magnetic-stripe imaging and virtual terminals (payment gateways).
Fortunately, Merchant Warehouse combines all of these features in its MerchantWARE® SECR™ (Secure Encrypted Card Reader) solution to help its merchants achieve PCI compliance and better protect consumer card data. If MerchantWARE SECR’s features are deemed adequate for securing payment data, wouldn’t it be worth it for every business to use this solution in their store?
Merchant Referral Program
Are you an ISV or VAR developing and/or selling POS systems that need secure payment processing capabilities?
MerchantWARE® by Merchant Warehouse® is a complete suite of PA-DSS certified payment processing solutions designed especially for developers and VARs to deliver end-to-end card data protection for their customers. Combined with a generous, easy-to-grow revenue residuals program, the Merchant Warehouse Partner Program is the best one-stop shop for all point-of-sale environments. Explore our Partner Program today and the opportunity to develop a profitable, second revenue stream. Contact us at partners@merchantwaresolutions.com or 800.498.0823.
Avoid Card Processing Fees
Over the past 10 years, the credit card processing industry has seen a steady increase in Interchange fees – as much as 300% since 2001 – and it’s merchants who are left paying the hefty tab.
While the U.S. government is still debating its role to intervene and regulate these non-negotiable, industry-controlled business expenses, and organizations in support of an Interchange fee reform are still collecting petition signatures, frustrated merchants are making the effort to manage these costs on their own. According to the Boston Globe, some businesses are beginning to offer their customers discounts for purchases made with cash to deter card usage and offset the high costs of card fees, while others have gone so far as to forfeit their ability to accept credit cards at the risk of losing a sale and/or customer.
With all of this commotion surrounding Interchange fees, it seems paradoxical that Merchant Warehouse’s patent-pending BINsmart™ solution is not more widely adopted by retail merchants and point-of-sale vendors. With BINsmart, merchants can accept credit and debit card payments while relying on the customized BIN-recognition with PIN-steering technology to assess each transaction and uncover potential savings on card processing fees. Would you use BINsmart to help your business save on Interchange rates? Let us know by commenting below.
Merchant Warehouse’s Record Month is Covered in The Green Sheet
On December 14th, 2009, The Green Sheet featured a brief on Merchant Warehouse’s record month in October 2009. The piece highlights the 3,332 applications that the company collected, the most in its history.
To see the article, click here.
Merchant Warehouse is Featured in Investor’s Business Daily Newspaper
As companies look for new and innovative ways to better manage their businesses, Investor’s Business Daily showcased the co-CEO model that Merchant Warehouse embraces.
IBD reporter, Gary Stern, spoke with Merchant Warehouse’s Scott Zdanis, co-founder and co-CEO, about how this model works for the company. To read the online article in its entirety, click here.
Merchant Warehouse Card Data Security Tips is Featured on FastCasual.com
Since consumers tend to turn to their credit cards to pay for holiday gifts and celebrations, Merchant Warehouse provided consumers and merchants alike a list of tips and best practices to ensure their credit card information is protected against data thieves. Merchant Warehouse’s tips appeared on the Fast Casual publication’s web site.
To see these tips click here.
Merchant Warehouse & PointOS Partnership Announcement is Highlighted Business Solutions Magazine
In the November Issue of Business Solutions magazine, the Merchant Warehouse and PointOS partnership is highlighted in the Channel News & Analysis section. The brief describes the integration of PointOS Professional with Merchant Warehouse’s MerchantWARE Payment Gateway as a benefit to small businesses and their customers by providing them with advanced functionality and increased security.
Merchant Warehouse Co-CEO is Featured in Transaction Trends
Henry Helgeson, Merchant Warehouse Co-CEO, is featured in the November issue of Transaction Trends for providing his insight into Data Driven Merchant Retention. Helgeson states how important it is for ISOs to leverage the vast amount of data at their disposal to look for trends that point to imminent merchant departure. Helgeson also stressed the importance of a good CRM solution and properly analyzing the information that it provides.
To read more, click here.
Merchant Warehouse’s New Integration is Featured in ISO & Agent Weekly
On October 22nd, 2009, ISO & Agent Weekly featured a summary of the Aldelo and Merchant Warehouse latest integration in the “Vendor Briefs” section of the issue. The piece emphasized how their partnership is addressing data security concerns in the hospitality industry.
To read more, click here.
Merchant Warehouse’s Newest Integration is Featured in QSR Magazine
Aiming to provide added security to its POS systems for the hospitality industry, Aldelo’s partnership with Merchant Warehouse has advanced by integrating its Aldelo EDC solution with the MerchantWARE Payment Gateway. This newly integrated solution encrypts track data at the point-of-swipe and will provide comfort to merchants and consumers knowing that cardholder data is secure. The news was featured in QSR Magazine and the publication’s website.
To read the news in detail, click on the following QSR Magazine and QSR Web links.