Virtual Terminal

Imagine you can accept payments from customers via telephone, email, fax, or even in person through your laptop or even your cell phone. The flexibility of these terminals allows businesses to process payments from almost any location, making them an indispensable tool for any operation.

What are the benefits of virtual terminal?

Virtual terminals make it possible to stay connected and process payments anywhere and anytime. Virtual terminal benefits include:

• Accept credit, debit, and recurring payment transactions
• Convenient access via popular web browsers
• Reporting accessibility from anywhere with an internet connection
• Print or email receipts and generate reports
• View daily details and track trends over time
• EMV-compliant credit, debit, cash and check acceptance
• Multi-user support to separate administrative functions from payment acceptance
• No additional hardware to buy, maintain or upgrade

What types of businesses benefit from virtual terminals?

Payment acceptance terminals are a must-have in certain settings, but there are often situations where the card is not available and you need to take payment. Phone orders are one such example. Many businesses can flourish without a terminal or POS system, especially those that don’t process a high volume of payments, or that don’t have a brick and mortar location. Virtual terminals are great for a variety of businesses.

• Any business accepting credit cards over the phone or through mail order
• Service-oriented businesses such as lawn care or pet grooming
• Professional services such as accounting, legal or medical
• Home-based businesses and travelers who conduct business on the road

Credit card processing with a virtual terminal can help any business process payments.

How does a virtual terminal work?

The details of using a virtual terminal occur in a few simple steps.

1. Step 1: Log in to your virtual terminal through your web browser.
2. Step 2: Enter your customers' payment details into the secure payment page.
3. Step 3: The payment is processed.

Are virtual terminals secure?

Security is essential when it comes to accepting credit cards. If you accept credit and debit cards, you need to be in compliance with card industry regulations. Accepting payment via a virtual terminal is no exception. Be sure to look for a service that is PCI (Payment Card Industry) compliant and that offers secure technologies like encryption and tokenization. Ask your payments provider to demonstrate fully compliant and secure technologies through multiple proof points.

Merchants also have a responsibility for maintaining the safety of customer data. When you accept any type of payment it’s critical to follow a few best practices to maintain a safe environment for sensitive cardholder data. Maintaining and following best practices will help keep your business in compliance, protect your customers, and ultimately protect the reputation you’ve worked to build for your business.

Are you interested to learn more?

Solutions

• Virtual Terminal
• Automated Payment Page
• ACH
• Payments
• Reporting
• Secure Client Portal
• CRM
• Advanced Operations