Can I store encrypted credit card data and bill different amounts to a customer? Yes, and this video demo of our most advanced virtual terminal shows you exactly how. This is a universal PCI Compliant virtual terminal, meaning it’s compatible with all major credit card processors.
Almost any virtual terminal solution can securely store card data for recurring billing, where the card is charged the same amount each time, but none of the most popular virtual terminals offers a secure token solution to charge a variable amount. Chase Paymentechs’ Orbital ®Gateway, Authorize.net ®, and PC Charge® all offer recurring billing, but do not offer variable amount billing for their standard gateway. If there is a custom option, I’m not aware of it.
Chase Paymentech Orbital, Authorize.net, PC Charge are all gateways. Our solution is a SWITCH, and also a gateway. What’s the difference? A gateway passes data over the internet to facilitate an electronic transaction. A switch identifies the data, makes logical decisions, and then routes the data based upon pre-defined parameters. For example, a gateway passes card data from the point of collection to the payment processor. Our switch can identify the card issuing bank, determine what’s needed to qualify the transaction for the lowest cost interchange, and then pass the data needed to meet that requirement. This is just one example of what switch technology can do.