What Is A Virtual Terminal For Credit Card Processing? A virtual terminal is a method of accepting credit and debit card payments using your computer. Businesses enter the card details on behalf of a customer into a secure online form. Card information can be manually entered (keyed) or swiped if an optional card swiper is used. Virtual terminals are internet-based, meaning there’s no software to download, and the terminal can be accessed from any internet-connected computer. With a virtual terminal, you can log in to your account to process payments and view reports from the terminal “dashboard” or menu. Virtual terminals are frequently used in one location, such as a home office, but they can be used in different locations. For example, a virtual terminal that is usually used at the office could be brought on the road for a tradeshow. What's The Difference Between A Virtual Terminal And A Payment Gateway? A virtual terminal allows you as the business t
Cash is not always king. As our society steadily moves towards becoming more digitalized and reliant on technology, we are seeing less physical money exchange hands. However, keeping up with the times is not the only reason to upgrade your small businesses payment system. Here are just some of the advantages accepting credit cards will have on your bottom line: Increase in overall sales Improve customer service Broaden your customer base Save time with fewer trips to the bank. So if you are ready to take the plunge and provide more value to your customers, here are four of the best credit card processing solutions for small business owners. 1. Terminal Processing A payment terminal, also known as a point of sale terminal, is a device that allows customers to make payments with their credit cards in store. It is a reliable and secure method of accepting credit and debit payments. Advantages The main benefit of credit card terminals for small business