Virtual Point of Sale Solution

Virtual Point of sale is an Internet-based, real time credit card processing solution that enables merchants to process and manage phone-in transactions quickly and easily. Virtual Point of sale terminal lets merchants do away with costly hardware-based POS terminals. Any operator with an Internet connection can have access to the most powerful, flexible and cost-effective payment application available—with no software to install. VPOS is perfect for call centers or any business that processes payments made by phone, fax or email.

Features

Virtual Point of Sale Terminal is more than just a payment processing solution. It is a complete, web-accessible credit card transaction management system. VPOS lets merchants:

• issue credits (partial, full and “blind”)
  
• re-authorize an existing transaction for a new amount
  
• re-bill an older transaction for a new amount without the need for the customer’s credit card number
  
• capture a wide variety of customer data that can be downloaded for data mining purposes
  
• apply fraud screening rules to each transaction
  
• generate a wide range of standard and custom reports
  

Benefits

VPOS allows merchants to process all major credit cards quickly and easily in real time while their customer is on the phone. This means that merchants can:

• dramatically improve customer service
  
• eliminate customer call-backs due to declined cards
  
• reduce payments processing costs
  
• reduce incidences of fraud
  
• increase the speed of payment processing
  

For more , visit here.