What is a virtual merchant? The definition of a virtual merchant is a business that provides goods and services with the flexibility to accept payments anywhere. Here are a few examples. A virtual dealer may have a computer with a virtual terminal, an e-commerce website to accept online payments, use a credit card terminal at their place of business with a point of sale system, or use a mobile app to take payments at a trade show.
With today’s technology, it’s easier than ever to accept credit card payments. Virtual merchants have many options to receive payments. Some of the most popular payment options include a virtual terminal on a computer, mobile phone, tablet, or shopping cart. Additionally, you can accept payments by mail or telephone, mobile devices with an app, or traditional credit card terminals with a POS. The advantage of this type of credit card processing is having all these payment options combine with one merchant account.
Saving on a virtual merchant account, virtual terminal, payment gateway, or credit card processing has never been easier. We’ve made it easy to compare merchant service providers and rates, so you know you’re getting the best deal on merchant services for your online store, e-commerce site, or brick and mortar store.
How Does a Virtual Merchant Account Work?
A merchant account, payment gateway, and virtual terminal converge to deliver the means to accept credit card payments online. The best merchant service providers offer a free virtual terminal, competitive pricing, and a free mobile app for processing payments. Virtual Merchant Services’ goal is to help you find the right merchant provider, hardware, and pricing that works best for your business. Complete our simple merchant connect form, and you’ll get multiple rate quotes to compare from the top virtual merchant providers in the market.