In today's fast-paced business world, it is essential to have a reliable and efficient payment system. With the rise of e-commerce, many businesses are shifting to virtual terminals to process their payments. A virtual terminal is an online payment system that allows you to process payments securely from any computer or device with an internet connection. As a business owner, you need to find the best virtual terminal UK that suits your needs and requirements.
Understanding Virtual Terminals
A virtual terminal is a software application that enables you to process credit card payments over the internet. It eliminates the need for a physical card reader, which makes it a convenient option for businesses of all sizes. You can use a virtual terminal to process payments from your customers in real-time, which makes it a great option for online businesses.
Top Features of the Best Virtual Terminal UK
When looking for the best virtual terminal UK, you need to consider the following features:
- Secure payment processing: Make sure the virtual terminal uses secure encryption technology to protect your customers' sensitive information. Make sure the solution you choose does not put customer card data at risk and that it complies with PCI-DSS and GDPR data protection regulations. Otherwise your business risks: Non-compliance fines, reputational damage and fraudulent activity.
- User-friendly interface: The virtual terminal should be easy to use and navigate, even for those who are not tech-savvy.
- Customizable options: The virtual terminal should allow you to customize settings and preferences to suit your business needs.
- Integration with other tools: The virtual terminal should integrate with other tools, such as accounting software, to streamline your business operations.
The Best Virtual Terminal UK Options
Here are the best virtual terminal UK options to consider:
- Square: Square is a popular virtual terminal that offers a range of features, including secure payment processing, a user-friendly interface, and integration with other tools. Paytia verdict: Not secure.
- PayPal: PayPal is a well-known virtual terminal that offers a secure payment process and a user-friendly interface. It also integrates with a variety of e-commerce platforms. Paytia verdict: Not secure.
- Stripe: Stripe does not offer it's own virtual terminal. In fact the only way to take MOTO payments on Stripe is through a Stripe Verified Partner. Paytia offer's it's Secure Virtual Terminal, you can check out our listing on the Stripe Marketplace here. Paytia verdict: Biased, but secure.
- Worldpay: Worldpay is a trusted virtual terminal that offers a secure payment process and a user-friendly interface. It also integrates with a variety of e-commerce platforms. Paytia verdict: Not secure.
- Paytia: Paytia is a popular choice because they offer a Secure Virtual Terminal. Customers type their card details using their phone keypad instead of reading them to what is essentially a stranger. Paytia takes responsibility for 96% of PCI-DSS obligations for phone payments. Paytia verdict: Biased, but secure.
Common Questions about the Best Virtual Terminal UK
- Is a virtual terminal secure? Not all virtual terminals are compliant with PCI-DSS and GDPR regulations unless you take strict precautions. A Secure Virtual Terminal enables customers to pay without reading their card data out loud. You can learn more about Secure Virtual Terminals here.
- Can I use a virtual terminal from any device? Yes, you can use a virtual terminal or Secure Virtual Terminal from any computer or device with an internet connection.
- Can I customize my virtual terminal? Yes, many virtual terminals offer customizable options to suit your business needs.
In conclusion, finding the best virtual terminal UK is essential for your business. It helps simplify the payment process and ensures the security of your customers' sensitive information. Consider the top virtual terminal options, including Square, PayPal, Stripe, and Worldpay, and choose the one that best suits your needs and requirements. Whether you are an online business or a brick-and-mortar store, a virtual terminal can help streamline your payment process and take your business to the next level.