Merchant Warehouse Wins Best Channel Vendor Award for Payment Processing

This year 1,374 VARs and ISVs participated in the survey

Feb. 19- BOSTON - (Business Wire) Merchant Warehouse, a premier provider of merchant accounts and credit card processing solutions, today announced that it received a Best Channel Vendor award from the Business Solutions Best Channel Vendors report. The report is based on a survey of resellers conducted by Business Solutions Magazine (BSM). This year the volume of responses was higher than ever with 1,354 resellers who represent an estimated $8.8 billion in annual sales and who cast 12,000 votes for a variety of categories related to the reseller channel.

Merchant Warehouse won Best Channel Vendor for payment processing, with votes bringing them recognition in the top 2 categories; “Channel Friendly,” and “Channel Program.”

“This is an honor, and a testament to the dedication and commitment of the teams at Merchant Warehouse when it comes to providing competitive, PA-DSS validated, secure processing solutions,” said Henry Helgeson, co-CEO of Merchant Warehouse. “This award really does separate us from the pack as a leader in the payment processing industry, and we are excited that our partners felt strongly enough about our solutions, our partner program and customer support to nominate us for this award.”

This year 1,374 VARs and ISVs participated in the survey, casting a total of 12,073 votes across the seven categories, making it one of the largest surveys of its kind and providing resellers with a guide to what their peers think are Best Channel Vendors. As part of the survey, VARs and ISVs were asked to rate their vendor partners on margins, overall channel program, service/support and friendliness, as well as the vendor’s product features, reliability and innovation.

“At Merchant Warehouse, we believe our core business advantage is our integrity, honesty and customer service combined with innovative and PCI compliant products that anticipate and address our customers’ needs,” concluded Helgeson.

As a Best Channel Vendor for 2010, Merchant Warehouse was featured in the January 2010 issue of Business Solutions Magazine and on the BSMInfo.com Best Channel Vendors Feature Page. Additional award details can be found by visiting the report: http://tiny.cc/Channelvendors2010

About Merchant Warehouse

Since 1998, Merchant Warehouse has enabled merchants to process all forms of electronic payments including credit, PIN-debit, loyalty & gift cards, EBT and checks. The company continues to deliver competitive merchant account pricing, PA-DSS compliant solutions, and dedicated customer support to their merchants, partners and independent sales organizations. Merchant Warehouse leads the industry with innovative groundbreaking technology initiatives including: 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 http://merchantwarehouse.com or follow us on Twitter at http://twitter.com/MWarehouse.