What Is a Virtual Terminal?In the context of payment processing, a virtual terminal is a web-based application that allows merchants to process credit card transactions online without any specialized computer hardware like a card reader. It's often used for card-not-present transactions, where a merchant doesn't physically swipe or insert a card but enters a customer's credit card information manually. For merchants, a virtual terminal is a way to charge a customer's credit or debit card when a customer is not physically present at the point of sale, with only an internet connection and web browser. Virtual terminals are commonly used for transactions such as mail and telephone orders (MOTO), general online retail and eCommerce, mobile pop-ops shops, and all sorts of businesses needing a convenient and flexible way to accept customer payments. Read on to learn more about virtual terminals and how to go about choosing one for your business. Via https://www.emscorporate.com/news/virtual-terminal
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