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virtual terminal

   Also found in: Acronyms, Wikipedia 0.01 sec.
virtual terminal
(1) Software in a user's computer that emulates a particular type of hardware terminal in order to access a server. When personal computers began to proliferate in the late 1980s, virtual terminals enabled users to access the corporate minicomputers and mainframes from their PCs without having to use dedicated terminals. Also called "terminal emulation."

(2) Web browser-based access to a merchant services site for authorizing and entering credit card purchases. Instead of a physical terminal that can read the magnetic stripe on the card, the account information has to be manually typed in; however, it enables access from any online computer.

(3) Providing access to a database or an information system via a common interface such as a Web browser on any user's computer.


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Based on interviews with 160 security professionals across 10 countries, PwC evaluated 12 technologies and took a deeper look at four: End-to-end encryption, tokenization, magnetic stripe imaging and virtual terminals.
Virtual Terminal The Internet has opened up a new world of credit card-processing possibilities.
The most commonly used virtual terminal is that provided by Authorize.
 
 
 
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