Virtual Terminal - Web Based      Electronic Payment Gateway

Enable electronic check and credit card payments through a “virtual terminal” and use to accept payments on your web site with our Virtual Terminal - Payment Gateway, that puts you in control of all transactions by allowing you to process one-time and recurring automatic bank drafts electronically and at ANY FREQUENCY from a customer's checking account as well as has the ability to do one-time and recurring credit card payments.

• Designed to help your business keep more of the money that you have already earned, eliminate collection headaches and put you in control of when you get paid .
   
• Designed to meet the needs of your business by providing a cost-efficient way for you to receive your customers' payments on time while giving your business the opportunity to offer convenient payment options to your customers.
   
• A Virtual Terminal Payment Gateway, which enables you to use the workstations of authorized individuals to do electronic transactions so that payments are routed directly into your bank account. It is a hosted application, which runs on the Internet.
   
• Can take the place of a credit card machine (terminal), but also has the added function of being able to handle electronic checks. You can choose to accept credit cards, electronic checks (ACH) or both.
   
• Will allow one-time (e.g. Phone, Fax, Online checks or credit cards) ACH and Credit Card transactions as well as recurring Credit Card and recurring ACH payments dynamically built and integrated together on the same Internet based software . Both ACH and Credit Card payments can be set up to take place at ANY FREQUENCY.
   
• Allows your business to leverage the investment that has already been made in your information technology infrastructure, and enhance the capabilities of your current payment processes. It is becoming increasingly important for businesses to centralize their cash management in order to reduce costs and increase the investment value of their income from the entire business. One of the best ways to accomplish this is to centralize the payment processing activities of all sites, locations, properties, and departments throughout the business on a single platform: One that allows your business to manage multiple merchant accounts for the same organization with a single interface and route and transfer money to multiple bank accounts.

Depending on your business rules, our Payment Gateway provides the flexibility to meet the needs of your customers in situations where they prefer to have their payments broken up into payments of almost any frequency.

UNIQUE Key Points:

• Able to handle multiple merchant accounts and will be able to transfer payments to multiple business bank accounts , whether ACH or Credit Card payments ( if you have several business entities ). For example, a main corporate business may have several sites/locations with different names and specific individual bank accounts.
  
  
• Unique to our software is the ability to also get SWIPE rates for cards that are swiped through a reader that connects to your PC and is interfaced to the payment gateway. You can also purchase a PIN Pad that attaches to your PC to accept Debit Cards. Credit/Debit Card fees provided separately upon request.
  
  
• Allows you to automatically run an ACH back through up to two more times if it should come up as Non-Sufficient Funds (NSF). Or you have the option of setting up the customer's preference for a second form of payment for the recurring payment to default to.
  
  
• If a credit card payment transaction fails, you can set it to run again daily for ‘X' number of days or set up a second form of payment to default to.
   
• Will allow one-time (e.g. Phone, Fax, Online checks or credit cards) ACH and Credit Card transactions as well as recurring Credit Card and recurring ACH payments dynamically built and integrated together on the same Internet based software.

Utilities:

• Virtual Terminal online merchant account transaction processing utility provides a hosted virtual terminal, gateway processing function with features such as ACH and credit card authorizations through a single interface, one-time and recurring transactions, batched transactions, fraud detection and prevention, multi-level administrator-operator authority and security, full transaction reports.

• Accept all three payment methods: credit card, debit card and ACH

• Accept Online Payments - Credit Card and ACH: Strategically placed on web pages to permit quick payment for any reason – without having to go to a shopping cart.

• Repeat Sale function – without having to re-key the details for the same customer.

Benefits:

• Your Internet connection and existing computer keyboard are all that is required to make use of our Payment Gateway.

• Simultaneous access for ACH and Credit Card processing integrated into a single solution.

• Manage payment transactions and reporting from a centralized location.

• Conversion map for data export to current management software.

• Contains a database so names do not have to be re-entered each time a person wants to pay. ( This will be a HUGE time saver for your business ).

• Full detailed reporting and tracking of payments to synchronize with existing accounting system – Simplifies daily / weekly / monthly audit.

• Multi-level Administrator-Operator authority and security; could be different security/authority for each different business site/property/user.

• Recurring transactions by electronic check or credit card can be done at almost any frequency.

• Declined recurring payments can be automatically represented.

• MasterCard/Visa/ACH Funds are settled gross, with fees deducted at the end of the month for easy reconciliation.

• Up to 30 custom fields enable reporting for different types of products/services, departments or properties/locations, and tracking of transactions and confirmation of them to customers.

• There are a variety of report formats. Data can also be easily exported into popular reporting tools such as EXCEL.

• A Key Point *** The Virtual Terminal Payment Gateway is able to handle multiple merchant accounts and will be able to transfer payments to multiple business bank accounts (if you have several business entities). For example, a main corporate business may have several entities with different names and specific individual bank accounts. With the Gateway, you will be able to manage multiple merchant accounts and route and transfer money to multiple bank accounts for the same organization with a single interface.

Specifics:

Virtual Terminal

Gateway

Database

Reporting

Payment Purposes

Store and Shopping Cart Interface

Administration - You will manage how the Payment Gateway works for your business

Security

Full spectrum of value and capabilities provided as compared to other payment software:

• Internet based, Hosted Virtual Terminal, Payment Gateway, Point-of-Sale terminal
  
• Your Internet connection and existing computer keyboard are all that is required
  
• Can take the place of a credit card machine, but also has the added function of being able to handle electronic checks.


• Access for ACH, Credit Card (optional Debit Card and Electronic Check Conversion) processing integrated in a single solution


• One-time or Recurring transactions
• Eliminates the tedious job of manually entering the credit card numbers into a terminal for recurring monthly Credit Card payments
• Creates a database so recurring monthly check or credit card transactions will process automatically
  
• Phone, Fax, Online payments for Credit Cards and Electronic Checks, Point-Of-Sale


• Includes Debit Card when PIN Pad and swipe device are present


• Includes Electronic Check Conversion when appropriate MICR Image reader is present in configuration


• Manage payment transactions & reporting from a central location


• Manage multiple merchant accounts for the same organization with a single interface


• Route and transfer money to multiple bank accounts


• Rapid Funds Settlement


• Full detailed reporting and tracking of payments to reconcile with existing accounting system – Simplifies weekly / monthly audit


• Multi-level Administrator-Operator authority and security; Could be different security/authority for each different business site/property/user
  
• Secure sign-on with unique secure keyed image confirmation with every access
 

• Recurring payments by electronic check or credit card can be done at almost ANY FREQUENCY


• Recurring happens automatically each month (each time) without anyone having to make it happen (no one has to be there to manually transmit an electronic file – it is all automatic)


• Creates a database so that names don't have to be re-entered
  
• Ability to handle returned items manually or automatically


• Option of setting up the customer's preference for a second form of payment for the recurring payment to default to if the first choice should fail


• If a credit card payment transaction fails, you can set it to run again daily for ‘x' number of days or set up a second form of payment to default to.


• Credit Cards Real-time Authorization


• Get SWIPE RATES for credit cards that are swiped through a reader that connects to your PC and is interfaced to the Payment Gateway
  
• Automatically defaults to address verification so that you will benefit from the LOWEST  NON-SWIPE RATES for recurring Credit Card payments
  
• Enables reporting for different types of products, services, departments or properties, locations, and tracking of transactions , e.g. related to specific properties, controlled environment, etc.


• Secure Database
  
• Prevents duplicate payments


• MasterCard/Visa/ACH Funds are settled gross, fees deducted, at the end of the month for easy reconciliation


• Increases time value of money with rapid settlement


• No special reserve or demand deposit account required


• No minimum number of transactions


• Fraud detection and prevention


• Can make payment options more restrictive for certain types of Payment Purposes


• Payment Card Industry (PCI) compliant - assures sensitive payment information is safeguarded
• Hosted on secure servers using 128 bit SSL encryption for data transmission


• Transaction Security certificate included – no separate certificate required


• Returned ACH payments can be represented electronically


• There are a variety of report formats. Data can also be easily exported into popular reporting tools such as EXCEL


• Easy reconciliation and audit – Most of the competition provides a raw ACH file that is hard to reconcile. The money goes in as one lump sum and the merchant has to figure out what it is for. Difficult to determine who made the transaction, for what purpose it was, and in what amount.


• Recurring transactions starting any date can be done by individuals who want to pay weekly, monthly or at any frequency


• Most comprehensive tool for online transactions


• Convenient for users


• Essential for back office


• It is becoming increasingly important for businesses to centralize their cash management in order to reduce costs and increase the investment value of their income from the entire business. One of the best ways to accomplish this is to centralize the payment processing activities of all sites/locations/properties/departments throughout the business on a single platform
  
• Allows your business to leverage the investment that has already been made in its information technology infrastructure, and enhance the capabilities of your current payment processes

• Efficient

• Fast

• Accurate

• Affordable

• Convenient

For more information on the benefits, click the link below:

• Benefits of Automatic Electronic Recurring Monthly Payments

Let C&A Solutions LLC put you in control of when you get paid as you offer convenient payment options to your customers!