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Swipe terminals are safer than other forms of credit card readers; to date there have been no reports of any swipe reader having lifters or phishers on them to harvest credit card numbers or information in the magnetic strip.

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Q: What are the benefits of using a Swipe credit card terminal?
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What do you mean by a virtual terminal?

A virtual terminal is a software solution for accepting credit card payments using your computer. You need to be online, as it is a front-end connection to a payment gateway, which processes the payment. Think of it as the virtual equivalent of a point-of-sale terminal, where you swipe your credit card. As a matter of fact, you can use an optional card reader that plugs directly into your computer to swipe and store credit card information. Typically, small business owners or travelling sales use a virtual terminal, since it is a portable payment solution without the cost of physical hardware.


What are the costs for using a virtual credit card terminal?

There's quite a price range for using the services of virtual credit card terminals. Many offer their services free for the first two months, at which point the fees are raised to anywhere from .35% to .85% and beyond. Many services also offer a set fee per swipe option.


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You can feel secure when using your credit cards on the terminal systems at well-known businesses. Although, you should always be aware anytime using a credit card , many cards have security measures that they take.


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