Virtual Terminal The alternative to traditional swiped transaction processing, the Virtual Terminal is perfect for companies doing business on the Web, Mail Order, or Telephone Order Business, when a credit card is not present.
The Perfect Solution For Card Not Present Transactions
The most obvious benefit of using a web enabled gateway is that credit and debit cards don’t need to be present to initiate a transaction. The virtual terminal also allows you to process paper checks with the same system. Another benefit is the ability to capture the card or check data then process the transaction as a part of a batch of transactions at a later time.
With a Virtual Terminal you can refund out-of-stock,
and do-not-carry transactions with simple keystokes. Just search for a transaction by credit card number and add back the dollars to the account. Merchants can also us the handy recurring billing fields to conduct the same transaction every month instead of manually inputting the data. The Virtual Terminal also allows any business in need of transaction processing to eliminate the need of extra hardware.
With the advance of broadband connectivity throughout the US, it makes sense to use the Virtual Terminal to process transactions. All you’ll need to process transactions is an internet connection. You can plug into any telephone line to access your dial-up account, connect to a wireless hub or connect to a satellite provider for virtual processing anywhere. With no hardware to buy or upgrade, batch processing, and easy account management, a Merchant Account incorporating a Web Enabled Gateway could be your perfect transaction processing solution.
