ShipRite Software Named Winner Of “2009 Innovative Solution Award” For Integrating Merchant Warehouse’s BINsmart Technology

Merchant Warehouse |

July 15, 2009

Retail shipping systems’ leader chosen for its integration with Merchant Warehouse’s BINsmart credit card processing cost reduction tool. 

LAS VEGAS, Nev. — July 15, 2009 — Merchant Warehouse, a premier provider of merchant accounts and credit card processing solutions, today announced that ShipRite™ Software Inc., a developer of retail and point of sale systems and  a value added reseller of Merchant Warehouse’s BINsmart™ technology, won the second annual Innovative Solution Award at the 2009 Retail Now Show. ShipRite’s Smart Swiper™, with BINsmart, placed first in the Credit/Processing category in recognition of the product’s innovation and money saving potential.   

“The judges of this year’s RSPA/VSR 2nd Annual Innovative Solutions Awards chose ShipRite Software as the winner of the Credit/Processing category because of the company’s ability to effectively demonstrate its position as a leader in the SMB channel when it comes to the implementation of a technologically advanced integrated processing solution, which in this case was Merchant Warehouse’s BINsmart solution,” said Regina Ciardiello, Editor, Vertical Systems Reseller.

Merchant Warehouse’s BINsmart is a revolutionary technology that saves merchants money on processing costs.  Once a card is swiped, BINsmart identifies whether it is a debit, credit or corporate card; calculates the estimated lowest cost processing option; and then prompts for the best method to run that sale. Through its partnership with Merchant Warehouse, ShipRite integrated BINsmart into Smart Swiper to add additional value by helping reduce processing fees for its customers. Smart Swiper is incorporated into ShipRite software products, including POS applications being used in storefront mailing businesses, appliance stores, quick service and general retail. 

“We’re honored to have won this award, but we’re more excited with what the integrated solution affords our customers,” said J. Mark Ford, president and CEO of ShipRite Software. “We’d also like to thank Merchant Warehouse for not only nominating our product for this award, but for working with us to engineer a product that we think will open doors for more innovative creations that will be embraced positively by merchants.”

Henry Helgeson, president and co-CEO of Merchant Warehouse was equally pleased about ShipRite receiving this award. “We are enthusiastic about our partnership with ShipRite Software. Integrating BINsmart into the ShipRite Smart Swiper product not only gives them a great product, but it also provides their merchants and consumers an added layer of protection and security.  We are pleased that our BINsmart technology played a part in their success.”



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.  Servicing over 80,000 merchants, Merchant Warehouse now sets the standard for price, innovation, customer service and integrity. For more information, please visit


Brian Waldman
Merchant Warehouse
800.941.6557 Ext. 2050 

Alexis Gordon/Michael Sullivan
PAN Communications