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 […]

Read more >

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 […]

Read more >

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 […]

Read more >

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 […]

Read more >

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 […]

Read more >

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 […]

Read more >

Castles Technology Co. Ltd, founded in 1993, is a Taiwan-based company credit card machine manufacturer. Rather than being a subsidiary of a larger manufacturing company, it is a small independent firm of about 120 employees. By focusing its entire business on the credit card terminal market, it has been able to maintain cutting-edge innovation in most of its products. It handles both design and manufacturing of its credit card readers in-house, meaning that it can rapidly respond to market changes and introduce new features as required by financial regulation or merchant demand.

Vega5000S

The Vega5000S is the mid-line entry in Castle Technologies’ line of POS Terminals. This credit card machine lies up-market from the more basic Vega3000 and below the high-end Vega7000 series. The Vega5000S is equipped with a 32-bit 400MHz processor with up to 512 MB of flash memory, 64 MB or more of DDR RAM and a slot for an optional MicroSD card. It features a 2.4” full-color display and supports magnetic-strip credit cards, microchip contact cards and even contactless card payment methods. It has both a countertop ‘base’ version and a radio-frequency communication remote handset with a 7.6 watt-hour battery. It is certified according to PCI PTS, EMV L1 L2, MC-PTS, TQM, PBOC L1 L2, Visa payWave, Mastercard PayPass, American Express, JCB J/Speedy (For Contactless Model), UL, CE, FCC, BSMI and RoHS standards.

Features & Benefits

The greatest strength of the Vega5000S is its flexibility. It can process both of the common types of credit cards as well as the new and increasingly-popular contactless payment methods. Castles Technology also made sure to certify it to a large number of popular standards. This means that the Vega5000S can fulfill the credit cards machine requirements for any part of the world. With both a countertop and a mobile version of the reader, it can also serve a wide variety of businesses beyond the traditional brick-and-mortar storefront. Its high processing power and ample built-in storage allow it to support a wide range of protocols and applications as well.

Closing Summary

The Vega5000S is a very well-equipped credit card terminal option. It is a perfect choice for companies that operate businesses with diverse payment-processing requirements or that are spread out over different geographic regions. The wide variety of options and available payment methods supported by the Vega500S make it well suited as a one-size-fits-all credit card processing solution.

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

high risk merchant account