Wireless Credit Card Terminal

Virtual Credit Card Terminals
By Kent Pinkerton

Virtual credit card terminals are the best means for processing credit card payments.

They are perfect for any business that accepts credit card payments by phone, fax or

e-mail. Virtual credit card terminals are a safe, browser-based interface that allows

you to authorize, process, and manage credit card transactions, using any computer

with an Internet connection. You do not need a physical credit card terminal.

As they reduce complexity and expenses, virtual credit card terminals are suitable for

businesses of all sizes. They are commonly used in utility companies, mail order

businesses, call center operations, newspapers and magazines, insurance

companies, charities, and service companies. With virtual credit card terminals, you

can manually enter credit card transactions for mail or phone order sales, refund

money to a customer's credit card, automatically bill customers for recurring charges,

check the status of transactions, run a variety of reports, and capture previously

authorized transaction.

Virtual terminals are software-based credit card terminals enabling you to quickly

capture and authorize credit card transactions in real time. When the process is

complete, the merchant receives an authorization number and the server stores the

transaction details. Transactions are automatically settled at the end of the day and

the reports are generated within two to three business days.

Compared with POS (point of sale) terminals, virtual credit card terminals are very

fast. Other features of virtual credit card terminals include address verification service,

customer and merchant email notifications, recurring payments, and detailed reporting

capabilities. Automatic item sub-total calculation, credit card swipe card option,

automatic tax calculation, automatic shipping calculation, item discount calculator,

billing and shipping data fields, and coupon or rebate calculator are the added features

of virtual credit card terminals.

Unlike other software packages, virtual credit card terminals do not need licensing

fees and fees for upgrades and customer service. The cost is always associated with

authorizing and processing of credit card transactions. Most software-based credit

card terminals utilize flash memory to store the software.

Credit Card Terminals provides detailed information on Credit Card Terminals, Credit

Card Terminal Systems, Wireless Credit Card Terminals, Credit Card Processing

Terminals and more. Credit Card Terminals is affiliated with Credit Card Processing

Software.

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