Allied Wallet Virtual Terminal – Your One Stop Shop for All Forms of Credit Card Payment Processing

Allied Wallet Virtual Terminal Your One Stop Shop for All Forms of Credit Card Payment Processing

It is estimated by reports that there are over 600 Million credit cards in circulation in the U.S. That is a mind boggling number when you consider that the population itself is around 300 Million. There are more credit cards than people in the U.S. because the same report also shows that credit card users have about 4.5 credit cards on average. This would mean that there are about 133 Million different credit card holders in the U.S.

The reason why this article is pointing out the number of credit cards is because it could be a lifeline for your business. The economy is coming out of a bad recession and people use their credit cards as small loans. If you are an online business owner without a proper credit card processing platform, you could be losing out on a huge market segment that is willing to spend their credit card on your products and services. Even if you do not have an online business, it might be a good idea to start right away as the Internet has seen astronomical growth in online spending.

That brings us to the question of how a company can accept online credit cards for payments. First, you have to understand that a consumer will never enter his or her credit card information on a site that is not trusted or accredited by the proper organizations. An example of a good payment processor is Allied Wallet which is accredited by the BBB or Better Business Bureau. Allied Wallet is also accredited to the PCI Security Standards Council. Allied Wallet offers a payment processing system called Allied Wallet Virtual Terminal that will allow you to accept credit or debit cards from your customers in many different ways. Usually, business will only be able to send a customer to a payment platform where the customer themselves will have to finish the transaction. But, in some cases, the business might have customers who might want to call in to give their credit card numbers or fax in their details. Allied Wallet Virtual Terminal will allow a business owner to accept these forms of transactions as well. In fact, the Allied Wallet Virtual Terminal will allow a business owner to use their system just like a hand held credit card swipe machine. The user can either have the consumer enter the information themselves or they can acquire the information from them and enter it on their own.

The Allied Wallet Virtual Terminal will allow a business owner to set up recurring charges for particular services. Some business owners find it very useful to be able to automatically charge a customer on a recurring basis based on the services offered. The Allied Wallet Virtual Terminal will also allow a business owner to manage all credit transactions by being able to view reports, issue refunds and see the status of a card transaction.

In other words, if one is looking for a complete payment system that will offer maximum capability in accepting credit and debit cards, Allied Wallet Virtual Terminal can be great choice. Unlike several other payment processors, the Allied Wallet system can be set up in just about a day enabling the business owner to accept payments immediately without long approval delays.

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