Canada Inches Closer to Mobile Payments
November 13, 2008 by Admin · Leave a Comment
It is my belief that all card processing will eventually be replaced by our mobile phones. With Near Field Communication passing more and more tests, this new technology may replace who we transact in Canada’s marketplace.
The was a very interesting post well worth a read over at ElectronicPaymentsInternational.com on this very subject matter that you may find an interesting read.
You also may want to read this post titled:
Mobile Shopping – Another Reason Why Small Business Owners MUST Get Online!
What are your thoughts on where the Canadian payment processing market place is going…?
Virtual Terminal – Credit Card Processing
September 27, 2008 by Admin · Leave a Comment
A Virtual Terminal is where you can turn any web enabled PC into a payment processing terminal. It allows you to work in several card processing environments. Retail face-to-face, mail-order, telephone-order (MO/TO), and e-commerce for your websites.
This solution is perfect for those that have recurring billing because it also supports automatic billing. Gym’s and membership based businesses find this a real time saver.
Even though this solution can be converted into a retail face-to-face terminal with adding on an external PIN Pad, many merchant just opt for the traditional POS Terminal instead.
This solution is mostly used by B2B businesses or any business that doesn’t ever see the customer face-to-face. Another key benefit to this solution is it allows unlimited users, so if you had a sales force of reps out in the field they all could login on the internet and processing transactions at their convenience.
One of the best features is that this system keeps all the headaches of being compliant with PCI because this POS solution stores all the pertinent credit card information on their secure site, leaving you worry free of ever being hacked into or sued due to poor PCI complaint issues.
