What is an internet gateway/virtual terminal?
A. An internet gateway is the means by which an online merchant processes transactions. Many times this type of account is imbedded into the website to help process orders. The gateway for online sales works much like the countertop terminal for a retail store. It verifies that your customer’s credit card is valid and that there is enough credit available to make the current purchase. The gateway will either approve the transaction if all criteria is met or decline it if not. This process is completed in seconds.
