Merchant Warehouse Provides Enhanced Security with Encrypted PIN-Debit in MerchantWARE 3.1

Feature upgrades provide one device for more secure credit and debit transactions and integration with contactless devices

BOSTON — Oct. 12, 2010 Merchant Warehouse, a premier provider of merchant accounts and credit card processing solutions, today announced the release of MerchantWARE 3.1, an upgrade that offers enhanced security and improved efficiency for all forms of credit and debit card payments. Secure encrypted PIN-debit provides the highest level of security, enabling partners to offer one device to their merchants who accept credit card, signature-debit and PIN-debit transactions. This secure PIN-debit solution is supported on MagTek, Ingenico, Hypercom and other all-in-one card readers.

Today’s business environment demands that cardholder data and financial security remains a primary focus. With MerchantWARE 3.1, merchants now have secure PIN-debit options at the register with a wide-range of single-payment device choices for all their secure credit and debit card processing needs. Data security and processing simplicity is now a reality.

“Secure PIN-debit enables POS solution providers to offer the highest level of security for their clients,” said Markiyan Malko, compliance manager for Merchant Warehouse. “MerchantWARE 3.1’s wide range of payment devices enhances cardholder data security, reduces counter clutter and results in significant savings for merchants by eliminating the need for multiple devices and improves the customer experience.”

MerchantWARE 3.1 also offers immediate merchant notification at the moment of swipe with the MagnePrint auto-decline option if the card has been used fraudulently. This allows merchants to protect themselves and their customers from unwanted charge-backs and other fraud-related expenses.

Additional upgrades to the MerchantWARE solution includes integration with contactless devices for more convenient, secure payment options for both partners and merchants; transaction ID capability that allows the POS to inject its own identifier to perform a reversal/void in the event a transaction is timed out; and card expiration update so a merchant no longer has to re-enter card data into a system manually once the new four-digit CSV is entered the card is immediately updated.

MerchantWARE 3.1 is PA-DSS certified and enables partners to enhance their POS systems and achieve PA-DSS compliance while offering merchants the simplest path to achieving and maintaining PCI compliance.

About Merchant Warehouse
Since 1998, Merchant Warehouse has set the standard for credit card processing by guaranteeing competitive pricing in merchant accounts, software, equipment, and providing dedicated, high quality customer service. Over 80,000 merchants later, the company continues to lead the industry with groundbreaking technology initiatives: MerchantWARE, BINsmart, and MerchantWARE Mobile. Merchant Warehouse has been named the ETA 2009 ISO of the Year, Business Solutions' Best Channel Vendor for 2009 & 2010 and is a two-time recipient of the Boston Business Journal Pacesetter Award. Merchant Warehouse co-CEO, Henry Helgeson, was also named Ernst & Young Entrepreneur of the Year 2009 for New England. The company is committed to community and charitable involvement. For more information, please visit or follow us on Twitter at .

Marianne Rocco, Marketing Director
Merchant Warehouse
800.941.6557 x2051

Michael Sullivan
PAN Communications