This term is also used to refer to web interfaces for processing card not present transactions. Such terminals allow call centre agents to enter a customer's credit card details to take a payment. KNown as card-not-present payments, merchants or customers enter credit card payment information within a terminal to complete payments. This makes a Virtual Terminal the ideal solution for real estate agents, professional services, online payments and other industries.
A virtual terminal can be used to process credit card and ACH transactions from any computer with Internet access anywhere in the world, allowing you to securely and efficiently handle a series of additional tasks including the verification, reporting and processing of credit card and ACH payments.