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Virtual terminal –the ruling option in mail/phone credit card transactions
By BENJAMIN of Moneyvally.com

Virtual terminal (VT) is an open systems application service that allows host terminals on a multi-user network to interact with other hosts, regardless of terminal type and characteristics. It also allows remote log-on by local-area-network managers for the purpose of management, and permits users to access information from another host processor for transaction processing, and serves as a backup facility.

Virtual Terminal allows customers to manually process mail and telephone transactions, as well as issue credits, just like a real physical terminal, but with the added flexibility of letting you access it from any internet connection in the world.



Virtual terminal has a number of benefits and features that make it a better option than other devices. The following mentioned are a few of them:

• Money saving - the virtual terminal does not require any fittings or phone lines. All you require is a web browser and an internet connection and you can access your account online. Hence, it a money saving option.

• Time saving – the virtual terminal is simple and fast

• Easy to use- the virtual terminals are user friendly. It accepts transactions from any source and manually key them into the user friendly web interface.

• Flexibility – the virtual terminals support full range of functions



• Save mode - virtual terminals act as a safe option; they support address verification etc that prevent fraud.

• Free Secure (SSL) order page for you to take orders over the Web - no need to buy your own certificate!

• No hassle or rush at the counter. Supports an unlimited number of users simultaneously with no additional license fees.

• You get details of your transaction and status of your account. You can also get auto settlement of transactions emailed to you on daily basis.

• Tech support via Virtual Support Rep, e-mail and a toll-free support number.



Along with the above mentioned benefits and features; virtual terminal streamlines your processing and eliminates the challenges and additional hardware expenses normally related to manual card transactions. The added benefit of mobility can not be ruled out. It comes up as the most secure, trusted, reliable and innovative option. It is due to the advantages and comfort attached to virtual terminals that it has emerged as a ruling option in mail or phone orders.



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The customer clicks a "checkout" or "buy" button when shopping is complete, and is transferred to a page generated by a secure server. This server houses the credit card gateway. All data passed between the secure server and the customer's computer is encrypted en route and only decrypts at the destination point. Before negotiation starts, the secure server passes a certificate of authenticity to the customer's browser to verify its legitimacy and identity. If there are any problems with the certificate, the browser alerts the customer not to continue with the transaction.