If you have a Merchant Account already form PayPal then it can be apart of the services PayPal has for the Merchants.
What is Virtual Terminal?
It’s an online version of the credit card swipe machines used in stores. But it gives you added advantages:
Increase sales. Expand your business beyond the internet.
Save money. There’s no need to invest in expensive equipment.
How it works.
Customer merchant payment
- Customer orders by phone, fax, or mail with credit card.
- You enter order into Virtual Terminal.
- PayPal processes the transaction and you get paid.
Why use Virtual Terminal?
It's easy. Use Virtual Terminal with any PayPal solution. Anyone with a U.S.-based Business account can apply.
It’s affordable. Pay the same low per-transaction price for any major credit card, including Visa, American Express, MasterCard, and Discover.
It lets you expand your business. Get paid by phone, fax, and mail, in addition to the internet. 81% of Virtual Terminal users agree that it allows them to reach more customers.
**It’s convenient. **You get an automatic custom packing slip, and Virtual Terminal is preintegrated with PayPal reporting systems.
Enter order into Virtual Terminal.
Steps:
- Enter order details.
- Enter billing information.
- Enter shipping address; shipping label will be created for you.
- Preview transaction and submit.
Want to get paid by phone, fax, or mail?
Upgrade to a PayPal Business Account first, then get Virtual Terminal.
I found this in my PalPay account under the Merchant Tab, just look at it and it will tell you all you need to know. Now, thgis is for US based businesses I think but it is best to find out for sure.
Hope this helps,
Jonathon