Month-to-month merchant account growth for June - August is as follows:June 2006-2007 - From 938 to 1,367 -- an increase of 46 percentJuly 2006-2007 - From 760 to 1,399 -- an increase of 84 percentAugust 2006-2007 - From 1,002 to 1,650 -- an increase of 65 percent Merchant Warehouse attributes the phenomenal growth, in part, to its business model which emphasizes customer service and a strong presence on the Internet through its website, www.merchantwarehouse.com.The company was the first to offer a full suite of credit card processing services and equipment on the Internet in 1998. This approach enabled businesses to obtain these products and services well below the average cost by cutting out several intermediaries in the sales process. That approach has helped re-shape the industry and has earned Merchant Warehouse one of the best reputations in the credit card processing business.
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