Articles

How to Avoid Chargebacks

Chargebacks can cause a great deal of trouble for a business, especially when merchant accounts initiate fees for them. Credit card processing has a wealth of benefits, but it also has complications such as consumer chargebacks. Consumers initiate chargebacks for a wide variety of reasons including fraud, attempted theft, honest mistakes and discontent. Every business […]

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Building Your Small Business

Accepting credit cards is a necessity for small businesses because it allows them to remain competitive, offer convenient payment methods to buyers and not forego a sale in the event customers come up short of cash. Understanding the world of credit card processing can seem daunting at first, but these 3 key principles help address […]

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Reading Reviews Before Selecting Your Merchant Account Provider

When looking to select a company to use as a credit card processor, it’s wise to choose one that offers all the right services at a good price. However, one should take it further, and here are three things to look at when reading reviews for a merchant services provider. Speed: Without a doubt, if […]

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All About Flagship Merchant Services

Flagship Merchant Services has been helping merchants conduct transactions online for many years. As a leader in credit card processing and merchant accounts services, Flagship Merchant Services has remained focused on giving business owners of all size the solutions they need to effectively do business completely online. How does credit card processing work? There are […]

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All About CreditCardProcessing.com

Without a doubt, when looking to get credit cards processed, one should go with a solid, reliable and trustworthy company. When doing so, it’s easy to avoid mistakes that others suffer from. While true, one should know where to look, and CreditCardProcessing.com is a great place to go, and here are three reasons why. Provide […]

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What is the Bankruptcy Notification Service?

Without a service, it’s hard for people to know when someone went bankrupt, and this is often a problem when dealing with merchant accounts or other financial services. For this reason, the two major worldwide credit card companies, Visa and MasterCard, have developed a service to help people track bankruptcies. With this, people can see […]

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Atos Worldline has been in the payment processing business since 1973 and is a leading credit card machine and e-commerce payment provider throughout Europe and Asia, as well as being the #1 Dynamic Currency Conversion provider in India. Atos has grown up along with the bank card industry and has experienced consistent growth throughout its history, with 1.1 billion in turnover annually and 7,200 employees in 17 countries currently.

The YOMANI contactless credit card terminal debuted in 2013 and won the German Savings Bank Association award for Best Terminal Performance that year. The XR and ML models are upgrades to the first-generation model and feature improvements in processing speed, connectivity and memory.

The main difference between the two models is that the XR has added communications interfaces. Both models have USB, Ethernet and RS232 serial connectivity. The XR also has optional 2G, 3G, WiFi, Bluetooth and PSTN dial-up interfaces. The ML supports multilane payment for large retailers through a single USB connection.

Both models are powered by dual ARM 9 processor cores and come with 32 MB of RAM and 64 MB of Flash memory. The keypad is ergonomic, backlit and has tactile identifiers for accessibility. The units are also equipped with two SAM slots, a color 320 x 240 TFT display and can be powered by standard wall voltage or by a USB adapter. Stock security is provided by 3DES, AES and RSA encryption algorithms as well as DUKPT key management.

Units also come equipped with the ability to read chip cards, triple-track magnetic stripes and contactless NFC cards. The ML and XR both run on Linux and come with a developer’s kit, allowing merchants to customize their interface.

Both units come in white or grey and have a number of optional accessories such as thermal printers, various communications boards and a merchant unit with an integrated secondary keyboard and ticket printer. Either unit is a solid all-around credit card terminal solution that can be adapted to any retail environment and strikes a nice balance between ease of use, security features and a wide range of payment acceptance options.

2015 CREDIT CARD PROCESSING COMPANIES

Rank
Company
Approval Rate
Setup Fee
Contract
Transaction Rate
Rating
#1
98%
Free
Month to Month

Retail0.38%-1.58%

Internet0.98%-1.98%

5 stars

866-337-2076

Visit Website

#2
98%
Free
Month to Month

Retail0.35%-1.55%

Internet0.95%-1.95%

5 stars

866-334-6149

Visit Website

#3
98%
Free
Month to Month

Retail0.38%-1.58%

Internet0.98%-1.98%

5 stars

855-861-6618

Visit Website

#4
98%
Free
Month to Month

Retail1.54%

Internet2.04%

5 stars

857-588-9490

Visit Website

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