Merchant Warehouse Appears in Transaction World Magazine

Brian Waldman

January 5, 2009

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.