The AuthorizeNet merchant credit card processing software online Virtual Terminal is a secure internet browser based interface that enables a business to authorize, process and manage credit card payment transactions from any computer that has an Internet connection and a Web browser. A virtual point of sale terminal replaces standard authorization terminals and provides the best solution for merchants who manually enter credit card transactions for mail or phone order sales.
Virtual Credit Card Terminal suits businesses of all sizes because it reduces the complexity and expense normally associated with authorizing and processing credit card transactions. It is also much faster than standard dial-up authorization systems.
You can simply access the virtual credit card processing terminal through a secure website using any web browser. After logging into their AuthorizeNet account using a unique user ID and password, merchants can access the complete range of online merchant payment processing services for authorizations, purchases, credits and returns, status activity reports, and much more.
Total Merchant Services is a registered ISO/MSP of Wells Fargo Bank, N.A., Walnut Creek, CA
To authorize credit card transactions, the merchant completes an electronic form that provides the Authorize.Net system with the information it needs to complete the transaction. This information is encrypted using the latest 40 or 128-bit Secure Socket Layer (SSL) 3.0 technology and is sent to an Authorize.Net host server. The server then sends the data through the authorization network to the appropriate card issuer's bank using a secure, proprietary connection. When the process is complete the merchant receives an authorization number, and the Authorize.Net server stores the transaction. Transactions are automatically settled each day and are funded within two business days.
Merchants can check the status of transactions, automatically bill customers for recurring charges or run a variety of reports right from the Authorize.Net virtual credit card terminal. This one Merchant Account will setup your business with both the virtual processing terminal and the secure shopping cart payment gateway access for your website to accept credit cards.