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Virtual Terminal User s Guide Last updated: June 2011 PayPal Virtual Terminal User s Guide Document Number: 10061.en HK-201106 2011 PayPal, Inc. All rights reserved. PayPal is a registered trademark

How to fill out virtual terminal

How to fill out virtual terminal:

1. Access the virtual terminal: Start by logging into your merchant account or payment gateway provider's website. Navigate to the virtual terminal section, which is usually located under the "Tools" or "Payment Processing" tab.
2. Enter customer information: Once you access the virtual terminal, you will see fields to input customer information such as name, address, email, and phone number. Fill out these details accurately to ensure smooth transaction processing and to maintain proper records.
3. Specify payment amount: Indicate the payment amount in the respective field. Ensure that you enter the correct currency and double-check the accuracy of the figure to prevent any errors in processing.
4. Select payment method: Choose the appropriate payment method, such as credit card or debit card, from the available options. You may also have the choice of selecting different payment gateways or processors, depending on your merchant account.
5. Input card details: Enter the customer's card details, including the card number, expiration date, and CVV code. Make sure to handle this sensitive information securely and follow any PCI-DSS compliance guidelines specified by your payment provider.
6. Add transaction notes (if applicable): If there are any specific notes or comments related to the transaction, you can include them in a designated notes field. These notes can provide additional context or instructions for future reference.
7. Review and submit: Before finalizing the transaction, take a moment to review all the entered information for accuracy. Check that the payment amount, customer details, and payment method are correct. Once you are confident in the accuracy of the data, click on the "Submit" or "Process Payment" button to initiate the transaction.

Who needs virtual terminal:

1. Businesses without a physical point-of-sale: Virtual terminals are particularly useful for businesses that operate remotely or do not have a brick-and-mortar store. They allow these businesses to accept payments from customers without the need for a physical payment terminal or card reader.
2. E-commerce websites: Online businesses that sell products or services through their websites often use virtual terminals to process payments. By integrating a virtual terminal into their website or payment gateway, they can accept and process credit card payments securely.
3. Phone or mail order businesses: Industries like catalog companies, call centers, and subscription-based services often use virtual terminals to process payments received over the phone or through mail orders. Virtual terminals provide a convenient way to enter and process payment information manually.
4. Non-profit organizations: Non-profit organizations often rely on virtual terminals for donation processing. Through the virtual terminal, they can securely accept credit card donations online or enter them manually for processing.
5. Mobile businesses: Any businesses that operate on-the-go, such as food trucks, mobile vendors, or independent contractors, can benefit from virtual terminals. They can use mobile devices like smartphones or tablets to process payments from customers while in the field.

In summary, anyone who needs to accept payments remotely, process phone or mail orders, operate an e-commerce website, or run a mobile business can benefit from using virtual terminals. They provide a flexible and secure solution for accepting payments without the need for physical card readers or POS systems.

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What is virtual terminal?

Virtual terminal is an online tool that allows merchants to manually process credit card transactions from any computer with internet access.

Who is required to file virtual terminal?

Merchants who wish to accept credit card payments online or over the phone may be required to use a virtual terminal.

How to fill out virtual terminal?

To fill out a virtual terminal, merchants must log in to their account, enter the customer's payment information, and submit the transaction for processing.

What is the purpose of virtual terminal?

The purpose of virtual terminal is to provide a secure and convenient way for merchants to accept credit card payments without needing a physical card reader.

What information must be reported on virtual terminal?

Merchants must report the customer's name, credit card number, expiration date, billing address, and payment amount on the virtual terminal.