Wednesday, 13 July 2016

Before brainstorming about virtual terminal merchant account, it is important to understand what a virtual terminal is. Well, it is a web-based equipment that helps merchants accept and process credit cards over the internet. By going online, it is possible to process a credit card easily and effectively. These terminals are dependent on a phone line in order to process the transactions. When the card details are entered, the terminal dials up and sends the data. You will be glad to know that processing is fast and much simpler through this medium. The better the internet connection, the faster the processing. Other very remarkable feature it offers is storing the customer data in the database for future transactions and billing.

With virtual terminals, it is possible for multiple users located in different locations to log in and access the system in order to run their credit cards via a single merchant. The ability to use the system from anywhere is what makes them unmatchable and customer friendly. Moreover, with the accounting and reporting features, users can view the current as well as previous batches and export to accounting programs such as Excel spreadsheet and QuickBooks.

Merchant terminal providers have gone smart. To ease out users’ experience, they have included auto-batch feature. All you need to do is set the time and you are free from avoiding the hassle of batching the terminal out. In addition, users can edit and optimize the settings on their own. 


It is useful to know that most of the virtual terminals are loaded with e-commerce ability and a shopping cart. Just integrate in the website and it is possible to have every transaction come through a common system for easy accounting. Last but not the least; few systems have mobile applications embedded that work well with smart phones. It won’t be wrong to day that the more adaptable you are in accepting credit cards, the more benefits you can expect. 

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