The Best Virtual Terminal to Keep Track of Clients, Send Invoices, Continue Growing Your Business
Meet the Author
Tom Coughlin, PhD is the owner and founder of The Merchant Way. He’s an engineer by training raised in the garden state, New Jersey. With his uncles owning businesses in Long Island, he grew up hearing the challenges small business owners face over family holiday dinners and barbecues.
In 2019, he learned that some credit card processors don’t do things right. They charge businesses high fees and crazy bogus line items. Tom set out to do things different and give better service with more savings while being a company that could be counted on.
So many features in one payments gateway
eCommerce
Offer your customers a variety of payment options ranging from debit cards, credit cards and eChecks to digital payments like Apple Pay and PayPal.
Point of Sale
Virtual Point of Sale (VPOS) is a free, value-added service that empowers you to connect a compatible card reader to your computer, log in, and start accepting payments in person.
Mobile Payments
Accept payments from your customers using a mobile card reader.
Make it stand out
Whatever it is, the way you tell your story online can make all the difference.
Phone Payments
Submit manual orders quickly and securely with our Virtual Terminal using your web browser.
Billing
Whether you are billing the same amount or different—weekly, monthly, or at a different cadence, our billing options help increase loyalty while reducing costs.
eCheck
Accept electronic check payments from your customers.
Accept card payments with shopping cart integration
It's easy to accept payments on your website using Authorize.net e-commerce software. Once you've set up your account, you can take advantage of the simple integration options for popular shopping carts and even add a Buy Now option. With the virtual terminal, you can enter card information for in-person or phone payments. All Authorize.net terms and conditions apply.
Payment processing costs
We make it simple to estimate your processing costs each month with our small business pricing. makes it easier to estimate your monthly processing costs. We also offer Custom (Interchange Plus) pricing: Fill out our form to learn more.
Monthly service fee:
$24.95
Software fee:
No additional software fees
Transaction fee:
The card your customer uses for their purchase (Visa, Mastercard, American Express, Discover) doesn't affect your per transaction rate. The transaction fee you'll pay determined by:
Whether most of your payments come from other businesses or from consumers
Whether the customer’s card is physically present
Your total dollar amount card transactions each month
Your rate will be adjusted automatically for the month as your sales increase and you meet the requirements for a lower rate.
We never charge application fees or early termination fees, and there are no monthly minimums.
The following tables show the rates for business to consumer (B2C) and business to business (B2B) rates. Refer to these based on your primary customer base to determine what your transaction costs will be.
Business to Consumer (B2C) transaction fees
B2C merchants include retailers, restaurants healthcare providers, and any other business accepting payments primarily from the final consumer.
The cost per transaction is determined by the total dollar amount of card purchases processed monthly.
Total monthly processing volume / Per online or keyed-in transaction
$0 - $14,999.99 / 3.40% + $0.15
$15,000 - $39,999.99 / 3.20% + $0.15
$40,000 & up / 3.10% + $0.15
Business to Business (B2C) transaction fees
B2B merchants include suppliers (industrial, medical/dental, etc.), distributors, and any other business accepting payments primarily from other businesses.
The cost per transaction is determined by the total dollar amount of card purchases processed monthly.
Total monthly processing volume / Per online or keyed-in transaction
$0 - $14,999.99 / 3.99% + $0.20
$15,000 - $39,999.99 / 3.75% + $0.20
$40,000 & up / 3.50% + $0.20
