Virtual Terminal Demo What is the Virtual Terminal

Virtual Terminal Demo

What is the Virtual Terminal? A simple, secure and efficient solution for Internet and mail order/telephone order (MOTO) businesses to collect and process payments for goods and services over the Internet. A flexible payment system that allows merchants to process both credit cards and electronic checks using just one system anytime, anywhere from an Internet enabled PC.

How It Works 5 Simple Steps to Secure Online Payment Processing 1. 2. 3. 4. 5. Customer shops on your website and adds items to shopping cart Customer proceeds to checkout Customer enters payment information Payment is authorized and authenticated (screened for fraud) Customer confirms and finalizes purchase

How It Works 1. Customer shops on your website and adds items to shopping cart 15 Minutes (2001) Starring: Robert De Niro, Edward Burns Director: John Herzfeld Synopsis: Violent crime thriller about hot-shot homicide detective who teams with a fire marshal to find a pair of media-hungry serial killers while a sensationalist TV talkshow host courts both sides of the law. Runtime: 120 minutes MPAA Rating: R Genres: Action, Comedy, Drama, Suspense, Thriller The Goonies (1985) Starring: Sean Astin, Josh Brolin Director: Richard Donner Synopsis: Lively action-fantasy adventure about a group of youngsters looking for buried treasure in Oregon. Target preteen audience loves this upbeat, stylish, kid-oriented quest — a favorite for children and parents looking for Spielbergian fun. Runtime: 114 minutes MPAA Rating: PG Genres: Action, Comedy, Family, Kids $21. 95 $9. 95

How It Works 2. Customer proceeds to checkout Thank You for Shopping with the Video Rack… Item Description Quantity Price Total Options Delete The Goonies 1 $9. 95 Adjust Please review the above the information carefully, then proceed the Check Out!

How It Works 3. Customer enters payment information Company Name: Cardholder First Name: Pay By Credit Card Jane Cardholder Middle Initial: Cardholder Last Name: Smith Suffix (eg: Jr, Sr, II): Pay By Personal Check Pay By Business Check Billing Address: 1234 Any Street Apartment or Suite: Billing City: Billing State or Province: Billing Postal/Zip Code: Billing Country: Any Hometown VA 22100 United States

How It Works 4 Payment is authorized and authenticated Both credit card and electronic check payments are screened for potential fraud. Credit cards are authorized by the credit card association and use both AVS (Address Verification Service) and CW 2 (Card Verification Value) anti -fraud measures. Electronic check user identity is authenticated by Equifax, based upon unique information known only to the purchaser. To maximize your online sales, customers are given the option to pay by credit card at this point if they decide not to pay by check. I Agree with the Terms of Use, Continue With Personal Check I Disagree with the Terms of Use, Pay By Credit Card

How It Works 5 Customer confirms and finalizes purchase Customers are given several opportunities to continue with their purchase to minimize the risk of chargeback or returned merchandise. The final confirmation screen is the last step in the payment process in which customers are then issued an online confirmation number as well as emailed. To complete this transaction and to authorize $19. 90 to be charged to your credit card please select ‘Finalize and Process Order’. To Cancel your order, select ‘Cancel Order’ and this transaction will not be processed. Please Review Your Order: 2286 Finalize and Process Order Cancel Order Please allow 5 to 25 seconds for processing

Completing the Payment Process The Virtual Terminal takes the payment data entered by the customer and allows you to easily complete the payment process. Steps you will complete to process payments 1. Review Payment Batches 2. Settle Payments (Daily) 3. View Payment Activity Reports

Completing the Payment Process 1. Review Payment Batches These electronic payments have been authorized but are not yet settled. After reviewing this “open batch, ” the merchant can settle, adjust or even void the selected payments. Transaction Date Customer Information 6/13/2011 4: 46: 02 PM John Hancok 411111 XXXXX 1111 -0811 Order Number: 5493 Reference Number: Ae 36 eb 28 r 4 6/13/2011 1: 37: 10 PM David Clark 323075699 – XXX 4536 Order Number: 0365 Reference Number : A 8152 th 241 6/8/2011 2: 54: 43 PM John Smith 411111 XXXXX 8689 -1213 Order Number: 5694 Reference Number: A 42 na 902 bd Status Open Batch Type Sale Amount Option $110. 00 View Void Adjust Manual Recurring $50. 00 $1, 200. 00 View Void Adjust Manual Recurring

Completing the Payment Process 2. Settle payments with a click of your mouse Click on “Continue With Batch Close” to settle the payments Transaction Date Customer Information 6/13/2011 4: 46: 02 PM John Hancok 411111 XXXXX 1111 -0811 Order Number: 5493 Reference Number: Ae 36 eb 28 r 4 6/13/2011 1: 37: 10 PM David Clark 323075699 – XXX 4536 Order Number: 0365 Reference Number : A 8152 th 241 6/8/2011 2: 54: 43 PM John Smith 411111 XXXXX 8689 -1213 Order Number: 5694 Reference Number: A 42 na 902 bd Select All Transactions Continue With Batch Close Status Open Batch Type Sale Amount Option $110. 00 View Void Adjust Manual Recurring $50. 00 $1, 200. 00 View Void Adjust Manual Recurring

Completing the Payment Process 3. View payment activity Transaction Date Customer Information 6/13/2011 4: 46: 02 PM John Hancok 411111 XXXXX 1111 -0811 Order Number: 5493 Reference Number: Ae 36 eb 28 r 4 6/13/2011 1: 37: 10 PM David Clark 323075699 – XXX 4536 Order Number: 0365 Reference Number : A 8152 th 241 6/8/2011 2: 54: 43 PM John Smith 411111 XXXXX 8689 -1213 Order Number: 5694 Reference Number: A 42 na 902 bd Status Settled Type Sale Amount Option $110. 00 View Void Adjust Manual Recurring $50. 00 $1, 200. 00 View Void Adjust Manual Recurring Switch Commerce offers flexible reporting options including preset reports based on timeframe and customizable reports based on selected search criteria and choice of report formats (short, long, HTML, or comma delimited files).

Customization Options Design your shopping cart Create departments to organize your products Add product inventory You control the look and feel of your customer’s online experience – no waiting, no costly implementation, and no HTML experience necessary. Switch Commerce helps you keep your product offerings up to date and organized.

Customization Options 1. Design your shopping cart Choose text and background colors Add your company logo Designate a post-purchase url address Write your own text message and display product images in you shopping cart

Customization Options 2. Create departments to organize your products Assign each product to a department The Virtual Terminal will automatically create a catalog page Link the catalog page to your website for easy integration

Customization Options 3. Add product inventory Simply type in your product number and description and click “Add New. ”

Benefits of Virtual Payments ØOpen Architecture Integrates Easily ØEasy To Use ØEasy to Customize Shopping Cart ØProcess Multiple Payment Types ØCredit Cards ØVirtual Checks ØMerchant Account Included ØSecurely Authenticates Consumers ØAVS, CVV 2, and Equifax Fraud Control ØCustomized User IDs and Privileges ØCentralized Transaction Information ØBank-neutral SSL Technology ØProcesses Recurring Billing