myPOS is rolling out Virtual Terminal – the quickest way to process MOTO payments online
Product News / 25.05.2017
We are rolling out a brand new myPOS feature – Virtual Terminal
Seeing a growing number of MO/TO transactions through the myPOS card acceptance machines and increasing interest from our merchants, we are rolling out a brand new feature – myPOS Virtual Payments terminal. With it our merchants are empowered to accept credit and debit card payment orders over the phone or by email and manually process them online.
myPOS Virtual Terminal allows you to process payments through a secure hosted myPOS web page
Unlike the common MO/TO payments made through the POS terminals, the Virtual Terminal allows you to process payments through a secure hosted myPOS web page from your myPOS account, without the need of a present physical device. Cost-effective and convenient, the Virtual Terminal is a solution suitable for any payment occasion when the customer is not present. It’s widely used by businesses in the hotel and the leisure industry as well as small home-based companies or merchants who are travelling a lot.
As with all payments made through myPOS, the funds from MO/TO transactions are settled in your myPOS account immediately and you can use them straight away. One more piece of good news! To start using myPOS Virtual Terminal, there is no need of any additional software or complicated integrations. Virtual Terminal is accessible directly from your myPOS online account and works across any device with Internet connection.
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