
Square Virtual TerminalSquare Financial Services
Square Virtual Terminal is a web-based payment processing solution that allows businesses to accept credit card payments remotely through a computer, eliminating the need for physical hardware.
Vendor
Square Financial Services
Company Website
Product details
A browser-based payment platform that transforms computers into virtual terminals, supporting:
- Remote payments via phone, email, text, or mail
- In-person payments when paired with Square hardware
- Secure card-not-present transactions
- Integration with Square's ecosystem (POS, Invoices, Online)
Key Features
Flexible Payment Methods Accepts multiple transaction types:
- Manual card entry (card-not-present)
- Payment links for digital wallets (Apple Pay, Google Pay)
- Afterpay installment payments
- Recurring payments via saved customer cards
Reporting & Management Tools
- Real-time sales analytics
- Customer directory for tracking purchase history
- Inventory management via item libraries
- Customizable daily transaction summaries
Security & Compliance
- End-to-end encryption for card data
- Fraud detection algorithms
- Dispute resolution support
- PCI DSS compliant infrastructure
Integration Capabilities
- Syncs with Square POS and Invoices
- Compatible with third-party business software
- API access for custom workflows
Benefits
Cost Efficiency
- No monthly fees or long-term contracts
- Lower rates (3.5% + $0.15) than traditional processors
Operational Flexibility
- Accessible from any web browser (Windows/Mac)
- Supports hybrid remote/in-person workflows
- Scales from small businesses to enterprise clients