Virtual point of sale terminal is an excellent and reliable way of processing credit card transactions. This is a perfect solution for merchants to accept credit card payments via phone, fax or e-mail. VPOS is a very safe, browser-based interface that enables you to authorize, process, and manage credit card transactions, using any computer with an Internet connection.
It actually allows you to quickly grab and authorize credit card transactions in real time, using any computer with an Internet connection,no software is required in this case. In additional the Virtual Point of Sale (VPOS) is cost effective as you don’t have to pay for expensive upgrades or support, it’s all included!The VPOS allows for reductions in hardware costs and maintenance.
With reduced complexity and expenses, virtual point of sale is ideal for businesses of any magnitude. Virtual point of sale terminals are very popular in utility industries mail order businesses, call center operations, newspapers and magazines, insurance companies, charities, and service companies. The VPOS allows to manually enter credit card payments for mail or phone order sales, refund money to a customer's credit card, automatically bill customers for recurring charges, check the status of transactions, run a variety of reports, and capture previously authorized transaction.
The virtual credit card terminals support great features such as address verification service, customer and merchant email notifications, recurring payments, and detailed reporting capabilities. Automatic item sub-total calculation, credit card swipe card option, automatic tax calculation, automatic shipping calculation, item discount calculator, billing and shipping data fields, and coupon or rebate calculator are the added features of virtual credit card terminals.
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