With the VersaPay virtual terminal the merchant account holder simply types in the credit card number once into the secure virtual terminal web page. Once the number has been provided the merchant can bill the card again at any time without having to re-enter the card number. The merchant can choose to have the transaction automatically bill the customer weekly, monthly or yearly for any amount and on any day.

You can avoid the expense of ensuring your organization is in PCI compliance with Visa/Mastercard Regulations by using the virtual terminal. Because the virtual terminal stores the credit card numbers securely for your business you no longer have to store the numbers on your computer or in paper format.

The virtual terminal can even automatically email a receipt to you and your customer for the transaction. You can even import monthly reports from your virtual terminal into your accounting software so that you do not have to manually reconcile transactions in your general ledger.

Because your customers cards are automatically billed each … Read more