Several methods enable businesses to accept card transactions remotely. These typically involve manually entering card details into a virtual terminal provided by a payment gateway or using a mobile card reader attached to a smartphone or tablet. For example, a service provider might input a client’s card information over the phone into a secure online portal to process a payment.
This flexibility offers significant advantages, expanding reach to customers who prefer not to use cash or checks. It also streamlines accounting processes and potentially reduces transaction fees compared to traditional point-of-sale systems. The rise of e-commerce and mobile technology has driven the development and adoption of these payment methods, making it easier than ever for businesses of all sizes to operate in a digital marketplace.
