As payment acceptance evolved over the years, so did the customer expectations. In fact, internet gateways are no longer exclusively used for accepting online retail payments from a website anymore. Advanced online processing systems are nowadays capable of:
Accessing batch and individual transaction entries
Providing reports about your audience and your business
Acting like a back-office product that enables you to manage gateway and audit transactions
Offering dashboards and history search for all your transactions
Reducing the effort required to make your payments PCI SSD compliant
Eliminating fees associated with traditional credit card payments
Because of these enhanced capabilities, virtual terminals can effectively help you maintain your brand image and promote your company as flexible and user-friendly. As they permit you to accept a vast array of web-based payments from a plethora of sources, they can assist small businesses in growing. For larger merchants, virtual terminals can eliminate several steps from the online payment process, resulting in fast transactions, industry-leading uptimes and thousands of satisfied customers.