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Home What is a virtual terminal transaction?
31 Aug 2022 By PAYCEC
A virtual terminal transaction is an electronic payment transaction that is processed via a web browser payment page or mobile app. These virtual terminal transactions are mainly online credit card payment or debit card payment transactions in eCommerce or online shopping.
A virtual terminal is a piece of software (typically a web application) that allows businesses to collect virtual terminal transactions from payment cards, notably credit cards, without the card having to be physically present.
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