Your search for the best credit card terminals might want to include virtual options. Virtual terminals are the links merchants require to accept credit card and ACH payments securely and without issue from their laptops or desktops. Discover how this type of transaction works and some of the benefits virtual credit card processing services offer.
How They Operate
Virtual terminals process credit and debit cards from any computer equipped with internet access. Terminals require the internet so you can log into the merchant’s account and use the virtual terminal.
They provide a number of functions in addition to processing transactions, including receipt generation, transaction status confirmation, batch file uploads, credit card and ACH payment info storage, refunds, and customized report creation among others.
Accepts Payments Numerous Ways
It is possible to accept payments via phone and fax as well as by computer when you opt for virtual terminal use. This provides an opportunity to increase your sales and client base.
No Equipment Necessary
No credit card readers or related equipment are necessary with virtual terminals. All you require is your computer and a working internet connection to accept payments quickly and securely.
Ease of Use
Virtual credit card terminals are incredibly easy to use, because all you have to do is log into your account and enter the cardholder’s information. You remain in full control of the transaction and can view your records at any time.
Information Storage and Report Creation
As previously noted, virtual terminals allow you to store cardholder information and create customized reports quickly and easily. This makes it possible to keep a better record of your business that you can refer to at any time.
Consider the virtual credit card solution today!
For more on virtual terminals, portable credit card readers, and other products available through Merchant Account Solutions, please contact us today.