What Is a Virtual Terminal?
A virtual terminal allows you to accept credit card payments right from your computer, smartphone, or another device with an Internet connection. It's a simple, secure way to get paid when your customers aren't standing in front of you — no card reader needed.
With a virtual terminal, you can swipe credit and debit cards through a card reader connected to the computer or you can key in the payment information, when taking a payment over the phone.
A virtual terminal is often used to set up payment plans, take ACH payments, update customers’ information, and a lot more!
Is a virtual terminal right for your business?
Virtual terminals work well with medical offices, veterinarians, dentists, chiropractors, accountants, attorneys, service providers, and other companies that receive payments via catalog or over the phone.
Depending on the provider, a virtual terminal can enable your business to:
Run ACH transactions
Create recurring payments (Payment plans or subscriptions)
Securely store card data in a vault so clients don't have to enter the payment information every time they pay a bill.
Create online payment pages to pay bills.
And a lot more.