A virtual terminal is commonly referred to as a payment gateway is an online credit card terminal. A central server location hosts the application, which can be accessed for transactions from anywhere with using the internet. We also provide unique login credentials to the merchant to charge a card from any location, which often allows taking payment over the phone.
A virtual terminal securely manages credit card transactions using a payment processing solution system. It simplifies transactions and requires very little action on the merchant’s end to process those transactions. The system authorizes payments and transfers them directly to the merchant’s bank account. The PCI-compliant standards help to protect and encrypt Credit card information.
Once a merchant account gets approved, the provider of the payment processing service then provides with a virtual terminal used to process credit card transactions. The virtual terminal can process payments via the web by emailing invoice links or payments entered manually. Other capabilities include the ability to: enter ACH transactions, produce receipts, issue refunds, pull historic transaction data, schedule ongoing payments, generate reporting, and process batch files.
If you are ready to start with us, then simply fill out the form and one of our representatives will reach out to you to expedite your application.