How To Use A Virtual Terminal For Credit Card Processing
How To Use A Virtual Terminal For Credit Card Processing. Using your Virtual Terminal to enter card numbers: One of the simplest ways to accept a credit or debit cards over the phone is to simply ask your customer to read off the card number, expiration date, and CSV code while you type the information into your Virtual Terminal, which you can access from any web-enabled device. Taking payments over the phone (a card-not-present transaction) otherwise referred to as MOTO ( mail order telephone orders) might save you time whether you’re receiving a deposit or collecting an invoice. Despite the fact that the Virtual Terminal technique has been around for decades, there is still some concern about how to accept credit cards over the phone. Still, because over-the-phone payments offer tremendous opportunities for all businesses.
Benefits of Using a Virtual Terminal
Benefits of Using a Virtual Terminal Removes clear text credit card information from your network, guaranteeing that every transaction is properly encrypted and meets PCI compliance rules, removing the merchant’s liability.
Transact from any web-enabled device, anywhere around the globe. The Cyber Transaction Gateway TM Virtual Terminal accommodates ACH, credit cards, and debit cards as well as many other payment methods. Supports encrypted card readers Supports check scanning devices Real-time key enter validation minimizes data entry errors