“Virtual Terminal” Posts

How to Save Time and Gain More Visibility Over Your Dealership

How to Save Time and Gain More Visibility Over Your Dealership

As a controller, you wear a lot of hats with the running goal of maintaining visibility over your dealership. Gathering receipts, verifying sales and preparing reports takes precious time out of your day. Over a month, that work could potentially total 18 hours of your time. With a Virtual Terminal, you could save that time (and more) while increasing visibility over your dealership’s many moving parts. A Virtual Terminal is a software service that connects with your payment terminal to digitally record all sales information. Quick, Centralized Access As a controller, you want to have a constant pulse on…

Controllers Save Time With Batch and Deposits Reports

Controllers Save Time With Batch and Deposits Reports

You have a batch report that shows a total of $5,000 that should be deposited into your bank account. But when you check your bank deposit, you only see $4,800. With old terminals, lining up your auto dealership’s credit card sales to its bank account deposits is a nightmare. For most controllers, the frustration is simply due to a lack of information. Why? Because paper batch reports fail to address why the deposit amount differs from the batch report. This could be due to processing fees, chargebacks, charges from Amex or a number of other reasons. For…

Everything You Need to Know About Virtual Terminals

Everything You Need to Know About Virtual Terminals

If you’re shopping around for a payment processing solution for your business, you may have come across the term “Virtual Terminal.” It sounds fancy enough, but how do you decide whether this web-based Payment Gateway is right for you? What Is a Virtual Terminal? As a business owner, you’re likely familiar with processing customer transactions using a credit card terminal. You swipe, enter or key in card details, and the terminal prints a paper receipt so you can record the transaction. It's the old-school, traditional way to process payments. At a surface level, a Virtual Terminal and the…

How to Set Up Hosted Checkout With PayJunction

How to Set Up Hosted Checkout With PayJunction

Welcome to PayJunction University, where we teach you how to use PayJunction like a pro. Today’s lesson is on how to set up Hosted Checkout, which enables businesses to securely accept payments through their websites with minimal effort. Hosted Checkout can be used in two ways: by e-commerce businesses selling various products online, or by businesses looking to collect payments on outstanding balances or invoices. Depending on how you use Hosted Checkout, some of the follow steps may not apply. To get started, select “More” from the menu on the left and then click “Hosted Payments” under “Other.” Select…

4 Reasons PCI Password Requirements Are a Best Practice

4 Reasons PCI Password Requirements Are a Best Practice

Our Virtual Terminal offers a number of benefits to your business, but what good is it if you’re not using it right? During your merchant account setup, our stellar support team does everything in its power to ensure that, when you log in for the first time, the Virtual Terminal is configured to fit your business needs. But like parents seeing their child off to college, we can only hope that our preactivation advice resonates with you and that you'll reach out to us when you’re in need. We’ve found that many of our customers, despite having…