What Is a Virtual Terminal? | the Bankcard Solution

What Is a Virtual Terminal?

In today’s fast-paced world, a lot of merchants can’t stay confined to one place, like a storefront, all the time. This can pose problems if you want to accept credit cards for business: How can you accept a credit card if you’re not nearby your terminal?

Luckily, technology is once again keeping up with the demands of the modern business. Now, we have what are called “virtual terminals.” What does a virtual terminal do?

A virtual terminal is like having a terminal anywhere in the world. You simply login to a secure website with a login and password and you are able to charge cards, perform authorizations, and even process credits. It is ideal for businesses who accept credit cards over the phone, via email or fax.

Why would this be useful? Let’s say you take your company’s products to trade shows. With a virtual terminal, you can do business at the trade show instead of having to wait to get back to the office to process transactions. Or, let’s say you are in sales, and need to travel frequently. Wouldn’t it be great to be able to process those transactions without having to wait to get back to your home base?

Now, let’s say you would like to go over old transactions. With a virtual terminal, you don’t have your transactions scattered throughout different programs, or in a box of receipts. You have your transactions all on the virtual terminal website, safe and secure, away from prying eyes.

There are almost as many uses for a virtual terminal as there are different types of businesses. That’s why The Bankcard Solution provides virtual terminals as well as a variety of other services to help you take your business to the next level.

Stop being tethered to your storefront or office! Get a virtual terminal through The Bankcard Solution, and watch your business go wherever you go.