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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Daehap Hyper-Tech Co. is a Korea-based manufacturer of POS terminals and smart card systems for financial institutions and businesses. They have been creating market leading credit card terminals since 2003. Shortly after they introduced their first Linux-based terminal, they attracted the attention of a Daewoo, a larger electronics firm. The resulting partnership allowed them to continue to expand rapidly. Today, they create a full-line of credit card payment devices as well as manufacturer terminals for POS machines and cell phones.

The MPS-100P is credit card terminal that allows businesses to process two types of credit and debit cards: cards that have a traditional magnetic stripe, and smart cards that contain their information on an integrated chip. The credit card machine has an easy-to-read display that is augmented by a keypad that is ergonomically pleasing. Pin numbers can be entered online or offline, giving vendors more options when it comes to processing payments. As with all Daehap credit card terminal products, the MPS-100P is optimized to make the quickest connection and payment possible from your financial institution. Those customers that have a financial institution that is capable of connecting at high speeds have found that the time required to process a transaction is normally lower than that of competitors.

Aside from the superior transaction speed, Daehap’s MPS-100P is known as a stalwart performer that will not fail you in high volume environments. The quality of the components is partly due to the fact that Daehap designs and manufactures many of their own parts in order to provide their customers with the best possible experience. Another positive is that the large base of existing terminals means that replacing or adding other Daehap terminals will not be a problem for companies that like to keep a consistent hardware profile on the retail floor.

Overall, due to its solid construction, ease of use, and ability to quickly process transactions, the MPS-100P is well-suited for use in the fashion industry, the grocery or gourmet foods industry, or any retail store that tends to have a busy time of day. Because of its reasonable overall cost, it should also make a solid option for companies that currently have light credit card business but plan to expand.

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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