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Virtual terminals are software-based credit card terminals enabling you to quickly capture and authorize credit card transactions in real time. When the process is complete, the merchant receives an authorization number and the server stores the transaction details. Transactions are automatically settled at the end of the day and the reports are generated within two to three business days. Tuesday, August 7, 2007.

Most mobile credit card processors allow attorneys to accept credit card payments via landline and through cell phones, instantly. No more waiting for checks to arrive and, more importantly, to clear. Using such a service also cuts overhead expenses and eradicates the fees and regulations of more traditional methods. Tuesday, August 7, 2007. Card readers with a small keypad.