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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The DDM Hopt & Schuler 862-SP credit card terminal is the microchip assembly into which you insert the card. The company offers the full life cycle for its products from design phase to manufacturing phase. Here is a DDM Hopt & Schuler 862-SP credit card machine review.

DDM Hopt & Schuler 862-SP Company Overview

DDM stands for Designers, Developers and Manufacturers. Since the 1970s, this German firm has been building credit card readers, ticketing systems and miniature switches from conception to reality. This full life cycle of financial payment systems development gives Hopt & Schuler a distinctive edge. Here is the address for Hopt & Schuler:

DDM Hopt & Schuler GmbH & Co.
Königsberger Street Ste. 12
D-78628 Rottweil
Baden-Wurttemberg
Germany
Telephone: +49-(741)-26-07-0
Fax: +49-(741)-13-39-8
Website: (ddm@hopt-schuler.com)

DDM Hopt & Schuler 862-SP Terminal Overview

The DDM Hopt & Schuler 862-SP credit card machine is where you insert your card. This is the microchip board and physical mechanism that is part of many automatic teller machines (ATM). This offline OEM SCR includes ICCR, MSR and SRED functionality. It complies with ISO and PCI standards.

Features & Benefits

The DDM Hopt & Schuler 862-SP credit card assembly has the microchip circuit board on top with the bottom bracket using springs to handle credit cards inserted into the front. This extra heavy-duty, metal-reinforced, spring-loaded hybrid card reader can read up to three tracks. Its dimensions are 11.8 x 6.3 x 2.9 centimeters (4.6 x 2.5 x 1.1 inches).

The vandalism-resistant design has an open card reader bottom that allows coins and other debris to fall away harmlessly. Either a serial interface (862-S) or USB interface (862-U) are available. There are up to 5 x Security Access Modules (SAM) available.

Users can add motorized or magnetic locks. The RFID reader is an option. Emergency Power Pull or Fail are also options.

Summary

The DDM Hopt & Schuler 862-SP credit card terminal has a very simple hollow design to it. The designers have included a number of features to make it resistant to vandalism. DDM Hopt & Schuler have created a solid credit card reader assembly.

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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