Virtual Terminal
Take phone payments easily with a virtual terminal, accessible on any device.
if they’re right for your business
Learn how phone payments work
If you accept phone calls from customers, or have customers on account, it just may be useful for your business to accept payments over the phone. Allow your customers to clear their balance over the phone, or simply offer your customers the ability to make purchases in different ways, diversifying your payment options.
What is
Virtual Terminal
A virtual terminal is an online platform that allows businesses to process credit card payments without needing a physical card reader or Point-Of-Sale (POS) system.
They provide a flexible, secure, and cost-effective solution for processing card-not-present transactions, making it an excellent choice for businesses that need to handle payments remotely
How does
A virtual terminal work?
1. Payment Entry
Businesses manually input transaction and payment information into the virtual terminal using an internet-connected device like a laptop, tablet, or smartphone.
2. Transaction Processing
Once the payment details are entered, the virtual terminal processes the transaction through the payment gateway, which then communicates with the customer’s bank to authorize and complete the payment.
3. Confirmation
After the transaction is processed, the business and the customer receive a confirmation via email.
4. Transaction Funded
We offer Next Day Funding to our clients, ensuring cash flow.
Benefits
Virtual Terminal
Flexibility
Virtual terminals are ideal for businesses that need to process payments remotely, such as over the phone, via email, or through mail orders.
No Special Equipment Needed
Since they are web-based, there is no need for additional hardware, making them cost-effective and easy to set up.
Accessibility
Businesses can access the virtual terminal from anywhere with an internet connection, providing convenience and flexibility.
Security
Virtual terminals often include security features such as encryption and compliance with PCI DSS standards to protect sensitive payment information.