Quick Setup Virtual Terminal Moto Credit Card Processing Solution
Are you a merchant looking for a virtual terminal solution for your business? Qualifying merchants can get it easily. We at Quadrapay have a few of the best Virtual Terminal solutions for merchants from various industries and nations.
A virtual terminal is a web-based payment processing application that accepts credit card payments over the phone or in person. The merchant manually keys in the card details to process the transaction. This type of transaction is considered a Card Not Present Transaction.
It only requires a web browser and an internet connection to work. It does not require any specific hardware device to process the payments. The Virtual Terminal Solution, also known as MOTO, is suitable for sales and customer support order businesses that generally take their order over the telephone or mail.
Advantages Of Using a Virtual Terminal
There are various advantages of using a virtual Terminal. One business may use it for recurring payments, and others may use it for remote transactions. Let’s discuss which one will best satisfy you.
No Extra Hardware Required: To process credit/debit card transactions, you only need your desktop/laptop with a browser installed and an active internet connection. You can process the payment anywhere if you have a browser and the internet.
Process Recurring Payments: Yes, you heard it right. A virtual terminal can do recurring billing transactions. You can easily set up recurring billing in your terminal, which will continue to go to the customer’s credit card until the regular bill ends.
Multiple Desktop Access: A single virtual terminal account can have multiple users. The feature is beneficial when there is a huge flow of customers and a single employee can’t manage all the transactions. You can easily add or remove users with administrator access. The administrator can limit employees’ access so they can’t see all the transactions. You can restrict different options based on the requirement.
Telephone/Mail/Fax Order: A merchant can accept payments in multiple ways, like over the telephone, mail, or fax. It is beneficial for a business that deals with its customers remotely.
Detailed Report Analytics: Through the virtual terminal, you can review the transaction report for the day, week, or month. The reported trend helps the merchant track the increase or decrease in sales.
Electronic Invoicing Capabilities: The virtual terminal can generate the invoice automatically and send it to the customer’s email.
Virtual Terminal Moto Payments FAQ
How does the Virtual Terminal work?
A virtual terminal is a merchant tool; the transaction is initiated by the merchant on the computer and completed in a few steps. A merchant must take the customer’s information over the phone to accept payments and enter the data into the virtual terminal.
Steps involved in submitting a transaction over a virtual terminal.
- The merchant logs in to his virtual terminal application.
- Asks the customer for their card and customer information to maintain the customer’s profile.
- Enter the customer’s and card details into the secure payment page and save the customer’s information using the virtual terminal for further transactions.
- The payment gets processed, and an email goes to the customer’s email inbox.
