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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Founded in 1990 by a group of researchers from the Bulgarian Academy of Science, Datecs Ltd. got its start by developing GIS technology that was used for scanning high-resolution images of maps. As this technology became well-known worldwide, the company formed a partnership with Samsung to develop retail cash registers and eventually a credit card machine. As the products became popular for use in hotels and restaurants across Europe, Datecs began to expand its product line to include electronic scales, portable cash registers with POS printers, and a credit card terminal that would be easy for businesses to integrate into existing systems. This led to the creation of the MPED-400, which is today considered the leading credit card machine worldwide.

Terminal Overview

A portable credit card terminal that is widely used in outdoor retail environments as well as indoor multi-lane retail outlets, the MPED-400 has become a popular choice of many retailers around the globe. A hand-held PINPad, it can be used to accept both magnetic strip cards as well as smart cards. Known as a hybrid card reader due to its ability to accept both magnetic strip and smart cards, it is well-liked by merchants for its compact design, ergonomic features, and reliability.

Features and Benefits

Due to its hybrid reader, the transition to Chip and PIN are much easier for the cardholder using the MPED-400. With a large graphic display that makes reading the screen easy, it can also be equipped with a supporting base to allow for installation at a sales counter. For businesses that want to offer increased convenience and flexibility to customers, the MPED-400 can be combined with Bluetooth technology that makes it easier for merchants to process orders quickly and easily. Extremely compact, it measures only one inch wide and just under six inches long. This makes it easy to transport from one event to another, making it a good investment for retailers who want the flexibility to take it with them on location or keep at a sales counter.

Closing Summary

The MPED-400 has gained a reputation as a very reliable and easy-to-use terminal for both customers and retailers alike, allowing Datecs to continue to make various changes to its software to increase its capabilities and convenience. Whether it’s used at an outdoor festival or inside a local shop, the MPED-400 appears ready to stay popular for many years to come.

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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