Merchant Warehouse®, a leader and innovator in payment acceptance solutions and merchant account services, announced that CEO Henry Helgeson has been named to the 2012 Boston Business Journal’s 40 Under 40 list.
Under Helgeson’s continued leadership over the past 14 years, Merchant Warehouse has grown to an industry leader, processing $8 billion a year in sales and more than 12 million transactions each month. Despite the struggling economic conditions over the past five years, Helgeson has played an active role in raising Merchant Warehouse’s annual revenue from just over $27 million to $54 million. The company’s annual revenue is projected to exceed $70 million in 2012. Business growth has led to an increase in employees from 80 in 2007 to nearly 300 today.
Helgeson’s vision for the payments industry greatly shaped his position on the 2012 list. As consumers become increasingly mobile, he’s working to ensure that business owners of all sizes are able to leverage the experiential tools to generate new business and improve loyalty with returning customers. Helgeson’s design of the company’s Genius Customer Engagement Platform, a future-proof payment solution that allows merchants to accept any mobile payment option, is key to this vision and the concept that payments are becoming more about experience rather than a simple credit or debit swipe.
“For the past 15 years, Boston Business Journal’s 40 Under 40 competition has honored the area’s energetic executives younger than 40 who are paving their way successfully through the local business world,” Business Journal Publisher Christopher McIntosh said.
Helgeson, and other Boston-area honorees, will be recognized during a ceremony at the State Room on Thursday, October 4, 2012, 6:00pm-9:00pm.
About Merchant Warehouse
Merchant Warehouse is a recognized leader in payment acceptance solutions and merchant services. The company enables merchants, agents, POS developers and VARs to achieve strategic business advantage through the delivery of current and emerging payment, offer and program solutions and merchant services that dramatically enhance the merchant-customer experience. Merchant Warehouse is one of the fastest growing and innovative payment solutions companies in North America. For more information about Merchant Warehouse, please visit merchantwarehouse.com.