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    New Partnership Aims to Prevent Credit Card Fraud

  • Industry News October 16, 2009
    Merchant Warehouse, provider of merchant accounts and credit card processing solutions, announced a new partnership with Aldelo, provider of restaurant Point Of Sale (POS) software solutions. The partnership is designed to effectively help hospitality organizations address the Payment Card Industry Security Standards Council’s (PCI SSC) mission to help organizations that process card payments prevent credit card fraud through increased controls around data and its exposure to compromise.

    The partnership between Merchant Warehouse and Aldelo addresses data security, adding additional lines of security to the next generation of Aldelo’s EDC POS system through the full integration with Merchant Warehouse’s secure MerchantWARE Payment Gateway, which encrypts credit card data at the point of swipe through the MagTek MSR Card Reader.

    Merchant Warehouse’s MerchantWARE solution encrypts the data at the card reader, completely eliminating any threat. With MerchantWARE, merchants never actually store or transmit any unencrypted credit card information.

    Most corporations implement multiple forms of security as a first line of defense by using hardware solutions such as routers and firewalls. Unfortunately, when attackers find a way to penetrate this first line, data encryption steps up and helps to ensure that information can't be viewed. When a card is swiped through the MagTek MSR Card Reader, that information is immediately encrypted and processed through Merchant Warehouse’s secure server. In effect, the credit card’s track data, highly sought-after information by identity thieves, has been reduced to a jumble of numbers and letters, unidentifiable should that information fall into the wrong hands.

    “This partnership will add a level of security to our systems that is unmatched in the payment processing industry,” says Harry Tu, CEO of Aldelo Systems Inc. “The MerchantWARE solution integrates seamlessly with our EDC POS system and will give merchants the benefit of knowing their data and their customers is secure at all times.”

    “This partnership responds to a demand for a method of security that is fast, easy to use, reliable, and most important, secure,” says Henry Helgeson, co-CEO of Merchant Warehouse. “We have been developing products with our customers and partners in mind and this integrated solution brings a new means of security to the hospitality industry. We are proud to be at the forefront of this pioneering technology.”