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What Are Virtual Terminals? A Guide for Businesses

EBizCharge

CNP transactions: Virtual terminals can process payments without the card physically being present, which is ideal for phone or online orders. Flexibility: Businesses can accept payments from debit and credit cards and ACH/eChecks, accommodating various customer preferences.

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Unlock Efficiency with EDI Payment Solutions - Streamline Your Business

Nanonets

Here is a brief overview of the process: Initiation: The payment process begins with the creation of an electronic payment request by the payer. This request includes data such as the payment amount, payee information, and payment due date.