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Is It Time to go Virtual?
By Jack Chevalier
“Virtual” is a word we often hear
in today’s business world and the credit card processing
industry in no exception. Since the inception of the Internet,
payment processing companies have been working feverously to
provide point-of sale solutions that function virtually. This
article will cover the vast advantages of accepting credit cards
virtually from a business owner’s perspective.
How the
Virtual Terminal Works
The Virtual
Terminal is accessible from any computer connected to the
Internet using any standard web browser. As the actual backend
functions reside on our secure servers no software is required
to process credit cards.
Click Here
for
a screen shot of the Virtual Terminal.
For quick
access to the Virtual Terminal we recommend saving it to your
computer desktop or in your favorites. This way the Virtual
Terminal can be activated with a click of the mouse. One major
convenience of the Virtual Terminal is the ability to process
credit cards remotely. Should you need to process credit card
transactions away from your computer, you would simply login to
your account, access the Virtual Terminal via our servers and
process your credit card transactions. This feature allows for
complete control over your businesses credit card processing
needs. Once access to the Virtual Terminal is gained, simply
enter the required credit card information into the appropriate
fields, press "submit", and the status of the credit card order
is returned in seconds.
The Virtual
Terminal interface is also fully-customizable, meaning that your
business is able to capture any information that is required for
each transaction. For instance, if you wanted to add an operator
number, sales representative’s name, promotion code, or any type
of helpful data, it is easily added to the Virtual Terminal and
the information is stored on the servers. This information can
also be queried from the reports feature for 2-years!
Reporting Features
The Virtual
Terminal also offers a robust menu of reporting features
accessible through our interactive register. The interactive
register is a secured area of the website where individual
credit card transactions can be managed. Through the interactive
register, business owners have the ability to settle, freeze,
thaw, issue full, blind and partial credits, establish a
recurring payment schedule, delete, reauthorize expired
transactions, and view transaction detail. Additionally, your
can customize your reports! The Virtual Terminal supports up to
30 user-definable fields that allow you to perform in-depth data
mining. And with the ability to quickly export any report, you
can use your customized reporting tool to analyze your business.
The Virtual Terminal maintains complete transaction detail
history that enables you to perform extensive historical
reporting and to audit specific customer transactions.
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