Virtual Terminals You Can Trust
MOTO stands for Mail Order Telephone Orders. These MOTO payments are typically taken whilst the customer is on the phone. You are provided with a secure online portal, which gives you access to the virtual terminal.
The virtual terminal can be accessed from anywhere in the world, as long as you have an internet connection. A virtual terminal is great if you need to take payments over the phone rather than via a website or face to face, which works well for takeaways, salons, remote businesses and call centres.
The MOTO merchant account is available from many Merchant Account providers like We Tranxact and the account is linked to a payment gateway. The payment gateways job is to capture the card details via the secure capture page, which will be hosted on secure servers, which will be fully PCI DSS compliant.
The payment gateway is connected to the chosen Merchant Account provider who then authorises the card transaction, which it does by connecting to the customers card issuing bank. The bank’s duty is to carry out the necessary checks on the card to establish if the funds are available or not. If successful or declined, a message is returned. All this is done in real time and a decision is normally made within a few seconds.
We Tranxact have links to many top card processors who offer MOTO card payments via the virtual terminal. The costs can vary from £0 pcm + card processing fee to approximately £15 pcm + card processing fee.
If you are interested in taking things a step further then IVR Automated Payments can free up your remote workers and staff by allowing customers to enter their personal card details without having to give them over the phone.
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