Virtual terminal credit card processing
Our virtual terminal provides all the functions of a physical credit card terminal as an online web-based solution, securely accessible from any web browser. Virtual terminal credit card processing is designed for merchants who primarily process payments without the physical credit card present. This web based processing terminal is ideal for processing payments in bulk, for recurring billing, or managing one-time payments such as those placed by fax, mail, or over the phone. Learn more, speak with a product specialist today.
Increase processing functionality
- Automate recurring billing by scheduling payments at regular intervals to facilitate the payment of daily, weekly, monthly or custom fee schedules. You even have the option to generate and send environment friendly email receipts.
- Process hundreds of payments instantly with batch uploading by importing transaction information from a file on your computer or your financial software.
- Manage one-time payments by entering a customer’s credit card information and transaction amount into the Virtual Terminal.
- Make informed decisions and reconcile accounts easily by using our robust Recon data software.
Increase security
- Store and access customer and transaction information securely in our PCI Level 1 compliant data centre, offloading the risk of storing customer’s personal information. Customer information can be easily and quickly recalled at any time for future billings.
- Empower employees and restrict access with security access levels.
How it works
1. Connect securely to the Virtual Terminal through your web browser.
2. Enter transaction(s) by uploading a batch transaction file, setting up a recurring payment or entering a one-time payment.
3. Virtual terminal credit card processing transactions made through VersaPay’s powerful network are deposited every 24 hours. Continue to build your business while we process your payments securely.
To learn more about payment solutions that meet your specific business needs contact us today by requesting an instant rate quote.
Managed billing
The Managed Billing module of VersaPay’s Virtual Terminal gives you a simple, convenient way to collect payments automatically, and on a regular schedule.
Managed Billing lets you offer recurring payments, run special promotions with deferred or installment payments, and collect regular fees. Managed Billing makes it easy for you to offer flexible payment solutions to your customers.
- Improve cash flow — Receive payments on time and faster than mailed payments.
- Capture more revenue — Reduce your lost revenue by up to 30 percent with authorization recycling. You control the declines to be recycled, number of recycle attempts and interval between attempts.
- Increase efficiency — Eliminate cash handling and other manual processes.
- Minimize risk — We store sensitive account data for you. Reduce your risk of security breaches and protect your customer information.
- Forecast with more certainty — You can better predict your receipts, allowing for more accurate revenue projections.
- Convert quickly — Integration is easy with our XML, batch or Virtual Terminal interfaces. You can be up and running within a matter of days.
VersaPay Managed Billing includes all the features you need to automate your billing processes. You can set payments when you want them — daily, weekly, monthly — for as long as you want. Plus you can choose to recycle declined authorizations, capturing sales that would otherwise be lost. You can even deliver email messages to your customers, notifying them of key events in their payment cycle. And a comprehensive set of reports give you insight into all aspects of your flexible payment operations.
Payment processing products
Move money with our electronic funds transfer service and credit card processing products.
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Benefits
Get set up with a secure and reliable solution at an agressive rate and with unparalleled customer service.
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