virtual terminal

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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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References in periodicals archive ?
Like virtual terminals, online payment processors typically allow you to export the payment entries so you can load them into your constituent database.
According to Cash Now the Virtual Terminal is the most advanced web-based platform currently available for processing electronic payments.
TELECOMWORLDWIRE-24 September 2008-International Card Establishment Inc releases Virtual Terminal to help retailers generate sales(C)1994-2008 M2 COMMUNICATIONS LTD
"The exciting thing about the most recent addition to the standard is the virtual terminal concept, which will provide a 'plug-and-play' capability within the industry.
Clayton, MO, October 16, 2015 --( Today Clearent, one of the fastest growing credit card processors in the U.S., announced the addition of a new virtual terminal that complements the company's broad array of products and services.
The 'Pay by Text' option joins online forms, mobile, email, virtual terminal, phone (IVR), shopping cart checkout, and remote deposit (RDC) to give organizations a true single vendor option.
Best in Breed Partners are Global Payment Systems (Ticker GPN), Chase Paymentech, First Data and TSYS (Alternate Processing Platform) We offer Next Day Funding, Standalone Terminals, Apple Pay, Pay on The Go with Your iPhone, Tablet or Android, Shopping Carts for Website Online Sales, Point of Sale Systems, Wireless Devices for Trade Shows or Delivery's or a Virtual Terminal.
PayHub was founded in 2011, by the Hyman brothers and was built to provide an advanced virtual terminal and a recurring billing solution that evolved to a mobile and eCommerce solution with API features.
The GA4063 offers standard USB, LAN and RS232 communication interfaces, virtual terminal display, and control and remote network access is possible using custom or commonly-available vendor software.

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