CardFellow is a marketplace where credit card processors compete for your business. Create your free profile, receive instant quotes and save an average of 40%.
How it Works Read the Faqs
Ask for a quote

These experts helped us to
create our product content:

MagTek eDynamo EMV card reader Review

Virtual Terminal

The MagTek eDynamo is a USB or Bluetooth card reader that connects to your computer virtual terminal to allow you to take EMV chip cards and traditional credit cards.

You may be able to benefit from receiving swiped transaction rates when using a card reader with your virtual terminal instead of hand-keying card information. Additionally, the ability to accept EMV chip cards reduces your liability for fraudulent transactions and increases security by encrypting sensitive card information when you dip the card. For customers that don’t have chip cards, you can still swipe traditional magnetic stripe cards. 

Magtek boasts that you can get up to 1,000 swipes per battery charge and that the ergonomic design makes it easy to swipe cards the first time, reducing wait time for your customers. 

Compatbility

The MagTek eDynamo is not a processor-specific device, meaning that many different processors can support it. The MagTek eDynamo works with Android, Apple, and Windows devices. Additionally, Magtek devices are not limited to one processor. Many different companies can support Magtek readers. 

Pricing

The cost for the reader depends where you purchase it, but it’s typically under $100. In addition to the reader itself, you’ll have to pay transaction costs every time you accept a card. Those costs are set by the credit card processor you choose. Want to see pricing for your business? Use CardFellow’s free credit card processor comparison tool to see real numbers for your business. 

 

Product Features

Universal

Virtual Terminal

  • Batch upload transaction processing
  • Recurring billing
  • Level III data

MagTek eDynamo EMV card reader Q&A

TSYS Merchant Solutions answer:

We don't support this equipment.

Thanks
Team TSYS


GDpay answer:

It depends on what gateway you are using. ?Most gateways require a certain encrytion key in order for the device to work.

?


TSYS Merchant Solutions answer:

We do not support this device, Please contact eDynamo.

Thanks

TSYS Team


MagTek eDynamo EMV card reader Reviews (1)

Do you know this product? Write a review about it
from CardFellow, on Jan 21, 2017

The Magtek reader works with virtually any credit card processor, and hooks up to your computer for swiping cards when you use a virtual terminal instead of a countertop machine or POS system. Great for accepting chip cards.

Showing 1 - 1 of 1 requests
QUOTE NOW FOR FREE!

Get instant quotes for processing
Using the MagTek eDynamo EMV card reader

Top
Want to use the numbers? Register now and access all the features! Sign Up Now!