Virtual terminal for mail orders and phone orders
A virtual payment gateway for telephone and mail orders is what your business often needs for its development. Accept payments over the phone and increase sales by up to 70%. A virtual terminal is a simple and secure solution for accepting bank cards.
This terminal is part of a payment solution that allows your business to accept payments by phone, email or over the Internet.
The payment gateway allows you to accept card payments on multiple devices. The virtual bank card processing terminal allows merchants and businesses to accept payments by phone, mail or online from anywhere in the world.
This is the best solution for customers who do not have a card. The merchant enters the card details into the form on behalf of a customer who is not physically present in the store.
A virtual terminal is the best way to accept online payments without investing a lot of money in a complex system.
No special equipment is required, and the virtual terminal provider is responsible for compliance with Payment card industry Data Security Standards (PCI DSS), since card data is not stored with the seller.
Scheme of work
- The client sends you the payment details by mail or by phone.
- The seller enters these payment details into the virtual terminal.
- The transaction is processed in real time, and the result of the transaction is displayed on the virtual terminal.
Key features of the virtual terminal
- Processing of multi-currency payments
- Virtual web terminal (access via secure login)
- Permanent access to payment processing and reports
- Work with all popular types of bank cards – MasterCard, Visa, etc.
- Online transaction reports are available
- Immediate authorization of transactions
- Round-the-clock customer support 7 days a week
If you are outside the store and cannot accept payments in person, you do not need to give up the possibility of selling or store customer account information for later processing. Virtual terminals are the best option in such situations.
- Quick and easy installation
- Easily accept payments by mail and phone
- User-friendly and intuitive web interface that is easy to use with almost no training.
- There is no need to worry about PCI compliance, as you are not responsible for storing customer card information.
- The ability to make recurring payments so that your subscribers can pay on a regular schedule.
- A great option if you prefer to receive card payments only by phone or mail.
- It can be used as an insurance option when your payment software or hardware fails.
- Can help solve the problem of B2B transaction processing.
Why use our virtual terminal payment gateway?
Regardless of the size of your business, whether MOTO payments are your main operations or bank card payments prevail, our virtual payment terminal gateway will help you manage your MOTO payments quickly and efficiently. We also guarantee their complete safety.
Our virtual terminals allow multiple users to make transactions at the same time. When working, they use the latest fraud detection and security verification tools to ensure the safety of your customers’ data.
Are you thinking about ordering a virtual terminal? Contact our expert team for more information.
We work in the following European countries – Great Britain, Russia, Germany, France, Italy, Spain, Ukraine, Poland, Romania, Netherlands, Belgium, Greece, Sweden, Austria, Switzerland, Norway, Ireland.
What businesses use virtual terminals?
Businesses that accept payment information from customers who are not physically present on the spot – transactions of the “card without presence” type – use virtual terminals. This is also an option when a mobile terminal is required or when customers prefer contactless payments.
Enterprises using virtual terminals include:
- Postal and telephone order businesses, also called MOTO businesses.
- Restaurants, canteens and cafes that process telephone and online orders.
- Businesses with delivery, such as food and beverage stores, florists and gift shops.
- Mobile businesses such as food trucks, groomers and photographers.
- Freelancers such as web designers, artists, SEO specialists and accountants.
What to look for in a virtual terminal?
If you already have a point of sale system for your business and you want to add a virtual terminal for limited use, then the best option would be to use an existing provider. However, if more than a quarter of transactions are entered manually, then a payment processor offering a reliable virtual terminal may be a reasonable choice.
The cost of processing credit cards is very important when evaluating options. There are many pricing models, such as fixed rate, interchain plus and membership plans. Since each payment processor has its own prices, it is not easy to make a quick comparison.
This credit card processing cost calculator will help you get an idea of the cost of each plan based on the volume of transactions carried out manually.
For example: Let’s say a processing service charges $100 per month for using its platform, and a virtual terminal is provided free of charge.
The processing fee is 2% of the total transaction amount plus 10 cents per transaction.
If you conduct about 80 manual transactions per month totaling $4,000, you will pay a monthly fee of $100 and a processing fee of $80 (2% of $4,000) plus $8 (10 cents x 80 transactions) – a total of $188.
A company with a large volume of telephone orders may benefit from a membership-based model with a lower processing fee, while a company with a small volume of telephone orders may pay less using a fixed-rate model and no monthly fee.