Virtual terminals.

A virtual terminal is a secure web page in your internet browser where you can process card payments online. It is known as “virtual” because it has the same function as a credit card terminal, but using a non-physical software application, instead of a physical terminal. Virtual terminals can be accessed and used from any device with an internet connection – be it on a PC, mobile, or tablet.

The virtual terminal is usually accessed through a web page by the business owner while logged in to their payment provider’s online account. They can process the payment by manually entering the customer’s debit or credit card details, which may be provided over the phone, on a mail order form, or through a secure online chat.

The customer’s card is then charged, and the money is transferred to the business owner’s payment provider account or bank account. The processing fees will be deducted from the final total.