Virtual Terminal definition

Virtual Terminal means a credit Card processing equipment on a secure server on the Internet whereby Merchant can key enter credit Card Transactions manually.
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Virtual Terminal means a functionality provided by PayPal to enable you to receive a card payment by manually entering Card Data given you by the cardholder. Virtual Terminal is one of the Online Card Payment Services and also a standalone Product as further defined in the About Your Agreement section.
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Virtual Terminal or “VT” means the Service that enables you to receive a Card payment by manually entering Card Data given to you by a customer.
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Examples of Virtual Terminal in a sentence

  • Our Virtual Terminal Processor Service (the “VT Service(s)”) is an additional service (subject to separate fees and charges).

  • Refer to Image Requirements and Virtual Terminal (if applicable).

  • Xxxxxxxx is responsible for all telecommunication fees and charges, including but not limited to telephone fees associated with and related to the use of the Paya-EFT Virtual Terminal Software.

  • The Paya-EFT Virtual Terminal requires a Windows Operating System.

  • Merchant rates do not apply to Commercial Transaction payments received through the Website Payments Pro suite of payment functionality, Virtual Terminal and PayPal Here.

  • Processor’s Virtual Terminal Service (the “VT Services”) is an enhancement to Processor’s Online Reporting Services.

  • If MERCHANT has marked the Virtual Terminal option box on the application form of this ACH Agreement then MERCHANT wishes to use the Paya-EFT Virtual Terminal in place of a traditional point of sale terminal.

  • API integration: Merchant obtains the customer’s payment information in Merchant’s IT Environment and transmits such information to the eCommerce Gateway using Verifone- provided APIs. Virtual Terminal: Merchant access a virtual terminal hosted in Verifone’s IT Environment via the Verifone portal which provides a virtual interface for Merchant to enter a customer’s payment information and submit such data for processing.

  • Transaction Fees associated with any American Express® Direct Payment or Virtual Terminal Payment you accept are set forth separately below.

  • For example, if the payment was received as a direct card payment (including through Zong or Virtual Terminal (if available)), then it is not eligible for coverage.


More Definitions of Virtual Terminal

Virtual Terminal means a tool accessible from the Internet allowing the Merchant to process Remote Transactions. This terminal communicates with the Secure Payment Gateway by a secure link that complies with Federation standards;
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Virtual Terminal means any e-commerce platform or other software application that may be accessed by a computer, smartphone or other similar machine or device running a web browser or other similar software application (rather than using dedicated hardware such as an automated teller machine or a point-of-sale terminal) that meets applicable Network requirements and is capable of initiating and performing a Transaction. [****] Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. Exhibit B Pricing Schedule
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Virtual Terminal means a computer or other internet accessible device used by a Cardholder to initiate one or more iLottery Transactions.
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Virtual Terminal means a web-browser based access to an acquirer, processor or third party service provider website to authorize payment card transactions where the merchant manually enters payment card data via a securely connected web browser. Unlike physical terminals, virtual terminals do not read data directly from a payment card.
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Virtual Terminal means a secure payment site on the Internet that is developed, hosted and maintained by FIS pursuant to this Addendum, at which Users can initiate a Transaction. Virtual Terminals may record additional Transaction Information than is captured on a Private Label Site.2.5.2
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Virtual Terminal means the Virtual Terminal product provided by Zappy Pay or its Affiliates or Third Party Suppliers to the End User, for the purpose of authorising and settling payment transactions between Card Holders, End Users, banks and other third parties. This Agreement may be concluded and shall have full force where completed in writing by the End User where signed by a signatory acting on its behalf through a digital signature system. The details of the End User’s order shall be contained in the Agreement.
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Related to Virtual Terminal

  • POS Terminal or ‘Point-of-Sale Terminal’ means an electronic device used by a Retailer to authorise and accept a Card Transaction.

  • Terminal means a device authorized by a Party Lottery to function in an on-line, interactive mode with the lottery's computer gaming system for the purpose of issuing lottery tickets and entering, receiving, and processing lottery transactions, including purchases, validating tickets, and transmitting reports.

  • Client Terminal means the MetaTrader program version 4 and/or 5, which is used by the Client in order to obtain information of financial markets (which content is defined by the Company) in real-time, to make technical analysis of the markets, make Transactions, place/modify/delete Orders, as well as to receive notices from the Company. The program can be downloaded on the Website free of charge.

  • Virtual Card means a non-physical Card, the use of which is limited to online, phone or mail order purchases and which cannot be used to make a cash withdrawal from an ATM or bank. Any reference to cash withdrawals or to a Physical Card in this Agreement excludes the Virtual Card.