Merchant Warehouse Goes Green
Merchant Warehouse, a Boston-based provider of merchant accounts and credit card equipment, today announced it has implemented a company-wide initiative to “go green.” The program is designed to help the company offset any potential negative environmental impact being made and to also promote a culture of environmental responsibility among its 110 employees.
The company’s first step was the purchase of Renewable Energy Certificates (RECs), or “Green Tags” from the Bonneville Environmental Foundation. The Green tags will be used to offset energy consumption by replacing traditional polluting sources of electricity with clean, sustainable and renewable sources of energy. Currently, Merchant Warehouse plans to purchase 433 Green Tags per year to add 433,000 kilowatt-hours of renewable energy into the country’s power grids — the equivalent of avoiding 606,200 pounds of air pollution.
In addition, Merchant Warehouse has formed an employee-managed committee to study the impact of the Green Tag program and develop recommendations for taking the company’s green initiative even further in the coming months and years.
“Our initiative proves a company does not have to own or run its own facility to make a difference,” said Henry Helgeson, Co-CEO of Merchant Warehouse. “By leveraging available green programs and technologies, we aim to turn our office space, and company, into something that returns a positive impact on the environment, and to do so in a way that makes sense for our employees and our bottom line.”
About Merchant Warehouse
Merchant Warehouse was founded in 1998 on the principle that businesses should be able to purchase credit card processing software, POS equipment, and merchant services at a reasonable price. With over 40,000 merchants, Merchant Warehouse now sets the standard for price, innovation, customer service, and integrity. For more information, please visit www.MerchantWarehouse.com. For information on the Merchant Warehouse agent and ISO network, please call (800) 491-4580.
Contacts:
Brian Waldman, Vice President of Marketing and Strategy
Merchant Warehouse
800.941.6557 x2050
bwaldman (at) merchantwarehouse (dot) com
Jeff Dillow or Sandra Proulx
PAN Communications
978.474.1900
merchant (at) pancomm (dot) com
Merchant Warehouse Cites Tremendous Growth in Merchant Account Business
Merchant Warehouse, a Boston-based provider of merchant accounts and credit card equipment, today announced significant sales growth for its merchant account business over the past quarter. Comparing year-over-year results, merchant account sales in June, July and August 2007 grew by an average of 65 percent, including an amazing 84 percent increase in July.
Month-to-month merchant account growth for June – August is as follows:
June 2006-2007 — an increase of 46 percent
July 2006-2007— an increase of 84 percent
August 2006-2007 — an increase of 70 percent
Merchant Warehouse attributes the phenomenal growth, in part, to its business model which emphasizes customer service and a strong presence on the Internet through its website, www.merchantwarehouse.com.
The company was the first to offer a full suite of credit card processing services and equipment on the Internet in 1998. This approach enabled businesses to obtain these products and services well below the average cost by cutting our several intermediaries in the sales process. That approach has helped re-shape the industry, and has earned Merchant Warehouse one of the best reputations in the credit card processing business.
“Growing acceptance of credit card payments, along with the trend of businesses increasingly using the Web to source suppliers, continues to increase our market share. Merchant Warehouse strives to lead in innovative solutions to meet the merchants’ needs,” said Henry Helgeson, President of Merchant Warehouse. “Our credibility, dedicated in-house sales and support staffs, and great prices make us a great choice for merchants in a highly commoditized industry.”
About Merchant Warehouse
Merchant Warehouse was founded in 1998 on the principle that businesses should be able to purchase credit card processing software, POS equipment, and merchant services at a reasonable price. With over 40,000 merchants, Merchant Warehouse now sets the standard for price, innovation, customer service, and integrity. For more information, please visit www.MerchantWarehouse.com. For information on the Merchant Warehouse agent and ISO network, please call (800) 491-4580.
Contacts:
Brian Waldman, Vice President of Marketing and Strategy
Merchant Warehouse
800.941.6557 x2050
bwaldman (at) merchantwarehouse (dot) com
Jeff Dillow or Sandra Proulx
PAN Communications
978.474.1900
merchant (at) pancomm (dot) com
Merchant Warehouse Article Appears in the C-$tore Journal
In September, 2007, an article written by Brian Waldman, Vice President of Marketing and Stragey at Merchant Warehouse, was published in the Northeast C-$tore Journal and the Southeast C-$tore Journal.
The article, “Getting In Touch With Contacless Payments,” talks about the benefits of a contactless payment solution, and asks whether or not your business should take the leap and start accepting contactless payments.
Find out for yourself! Read the full article here.
Merchant Warehouse is Featured in Vending Times Magazine
In the September 2007 issue of Vending Times magazine, Merchant Warehouse cites the sales benefits that today’s wireless technology and processing services have for vending, food/beverage, and recreational service businesses that don’t always have access to landline or hardwired network connections.
Recognized for his expertise on the topic, Merchant Warehouse President Henry Helgeson is referenced as he explains the favorable impact that mobile card acceptance offers these industries. In the article, he addresses the convenience that is provided by readily-enabling businesses to perform wireless payment processing on-site, and notes that having this capability can help to increase sales and promote customer satisfaction.
Helgeson also speaks about his belief that the payment processing industry will see more of these merchant types emerge and adopt this modern card acceptance method in the near future. He anticipates that, with this adoption, the card-issuing organizations who define the industry’s Interchange categories will be more inclined to develop additional categories, specifically for those businesses. “As wireless processing capabilities render more popularity among businesses, it only seems logical that the industry will need to accommodate these merchants in some way, which may mean supplementing new pricing structures,” Henry suggests.
To learn more and view this article in its entirety, view here:
Vending Times Article 09-2007