![]() To keep your customers happy, collect payments faster, and keep costs down, use CORE to implement a virtual terminal for your business. Use CORE for Virtual Terminal Credit Card Processing Meet your customers where they are with this innovation in payment processing. They’re already using devices like tablets and smartphones to run their daily lives. Ultimately, making the payment process as convenient as possible for your customers encourages customer loyalty. Virtual terminals allow for contactless mobile payments, adding even more convenience for your customers. Mobile credit card payments are also on the rise. Whether they prefer to swipe, tap, or insert their credit card, you’ll be able to accommodate. As a result, it’s an expectation from your customers. Virtual terminals collect payment information from all payment methods, including contactless technology, which is currently at the forefront of payment processing. You also want to make things as smooth as possible for you and your team.Ī virtual terminal can help with that. Figuring out the best option for your company means a streamlined system for customers to build their confidence in the business. On the back-end, you’ll be able to easily manage information, track your transactions, and pull reports.Īccepting payments is a complex process for many businesses. You don’t have to invest in any special hardware just use any tablet or computer.Ĭustomers can swipe, tap, or insert their credit card for a simple, straightforward experience. They turn any device with an internet connection into a secure payment processor. One of the most noteworthy advantages of virtual terminals is their impact on in-person payment processing. ![]() How Can Virtual Terminals Improve Payment Processing? You can easily use them to set up recurring payments and access electronic statements. This solution can help you collect payments faster and with less effort when processing credit card payments. They help companies balance customer care with good business practices by lowering costs and improving customer interactions. Virtual terminals can be a great way to improve the customer experience while handling their data safely. Why Should I Use a Virtual Terminal for Credit Card Processing? They can collect and process the data from payments made through contactless technology, or swiping, tapping, or inserting their credit card, whatever your customers prefer. Virtual terminals are used by merchants exclusively, making information processing incredibly secure. The biggest difference between the two is that a payment gateway is typically a consumer-facing interface. Because this solution can turn any mobile device with an internet connection into a secure payment processor, it’s even more streamlined. In the past, payment gateways allowed merchants to take payments online, but today’s technology enables businesses to process payments across all channels (even through software integrations).Ī virtual terminal can accept credit and debit cards, ACH payments, and even eChecks. Essentially, it’s an online POS terminal. ![]() Virtual TerminalĪ payment gateway works much like a traditional POS at any business. This makes them a secure, safe option to implement into your business. They protect your customer’s contact information and financial details. It can transform a mobile device into a point of sale (POS) system-no additional hardware or software is required. You can do so remotely via online payment processing, by phone, or in person. What Is a Virtual Terminal?Ī virtual terminal is a web-based software that lets you process electronic payments you have received. That’s where virtual terminal payment processing comes in.Ī virtual terminal might be the perfect solution if you’re looking to streamline your payment system, improve the customer experience, and lower your costs. ![]() Finding a credit card processing system that accepts all major credit cards and mobile payments while keeping costs down can be challenging. With each new technological advance, merchants must accommodate the growing number of payment methods. The world of payment processing is shifting every day.
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