Merchant Warehouse Appears in ISO & Agent
Merchant Warehouse’s Henry Helgeson, president and co-CEO, spoke with ISO & Agent about Merchant Warehouse’s recent partnership with pcAmerica.
Helgeson explained that pcAmerica and Merchant Warehouse are working together to sell POS terminals with the MerchantWARE solution built in. He went on to say that POS systems are the next step for merchants who want a payment terminal that does more than accept payments. Helgeson also went into detail about how this partnership is a benefit to sales agents as well.
Merchant Warehouse President Appears in ComputerWorld Magazine
Merchant Warehouse’s Henry Helgeson, President and Co-CEO, provided Computerworld with commentary on the Heartland Payment Systems data breach.
Helgeson explained that everyone in the processing industry is dying to find out more information about the breach. He said that if this is a new attack, Merchant Warehouse and other processing companies need to know, and need to know if it can happen to them. Helgeson also provided insight into the impact this breach will have on the industry by saying the cost of reissuing over 100 million cards would be far more than any credit card fraud that is likely to result from the compromise. Helgeson estimated that the overall cost of replacing the cards would be anywhere from $600 million to $1 billion.
To read the full article online, click here.
Merchant Warehouse Expert is Featured in Podcast on FastCasual.com
Merchant Warehouse’s PCI compliance officer, Markiyan Malko lends his expertise to the FastCasual.com podcast series, Ask an Expert. The podcast series will include a series of questions weekly, that address common questions on PCI compliance for restaurant operators.
In the first installment of a series, Markiyan discusses PCI basics for the small business. He explains that PCI is a set of requirements designed to help organizations protect credit card holder data set forth by the four major credit card brands, Visa, Mastercard, Discover and American Express. All requirements set by the companies were combined into one standard PCI- DSS ( Payment Card Industry Data Security Standard.) He says that these standards apply to anyone who touches a credit card and that in becoming compliant the chance of getting breached is much less.
Markiyan will be featured on the site again next week answering more questions on PCI for restaurant operators.
To listen to the podcast, click here.
Merchant Warehouse Features in Vertical Systems Reseller: 2009 Review & Outlook
In the January 2009 Vertical Systems Reseller’s “2nd Annual Review and Outlook,” Henry Helgeson, President & Co-CEO of Merchant Warehouse, is featured sharing what point-of-sale resellers and developers should expect in the year ahead.
Helgeson anticipates that 2009 should prove to be a challenging and exciting year for point-of-sale resellers and developers. He said that as margin compression continues, businesses are taking a closer, more comprehensive look at how they do business, and recommends that resellers and developers bring in innovative solutions and technology advances to keep existing customers and attract new ones.
Merchant Warehouse Appears in The Green Sheet
Merchant Warehouse’s Henry Helgeson, President and Co-CEO, provided The Green Sheet with a detailed account of Merchant Warehouse’s process in becoming a PCI DSS-certified Level 1 service provider.
In the article, “Doin’ It Right,” Helgeson spoke about the steps taken over the three year process and how he believes Merchant Warehouse went beyond the PCI DSS requirements to ensure their system is as locked down as it can possibly be. Helgeson spoke about their decisions to hire a compliance officer to oversee the maintenance of the process, encrypt playback call recording and to run frequent embedded scans to make certain there is no card data being store on employee computers.
To read the full article online, click here.
Merchant Warehouse Appears in Transaction World Magazine
In the January 2009 issue of Transaction World Magazine, Merchant Warehouse’s Brian Waldman, VP of Marketing & Strategy, offers insight into the President Elect’s potential impact on the card industry during these tough economic times. Waldman feels that if the President and Congress support an increase in government regulations of banking markets, it is possible that we will see much more of their hand in the setting of Interchange rates and service fees ISOs charge their merchants.
Waldman also speaks about PCI Compliance and self-regulation of companies within the industry, noting that even though PCI is a hot button issue right now, it remains more of a self-regulating enforcement, specifically for level-four merchants, as the industry as a whole has not approached it with an overall enthusiasm.