Cardline Announces the Release of Merchant Warehouse’s BINsmart Interchange Manager

On July 25, 2008, cardline announced the release of Merchant Warehouse’s BINsmart Interchange Manager.

Currently working with integrated point of sale systems, BINsmart enables systems to prompt for a PIN number when a card is determined as ‘debit’.

BINsmart complies with the Payment Card Industry Data Security Standard for payment applications because it does not store credit card number. BINsmart is also free to developers that add Merchant Warehouse’s payment gateway.

Merchants could benefit from lower interchange fees for debit transactions as their system can identify card type.

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