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Spotlight Innovatorsators
Spotlight Innov
The new merchant portal also allows for the setup of subscription services and recurring payments, securely storing
cardholder information, so it can be leveraged to pay for recurring applications and services. The merchant also has the
ability to customize contracts with add-ons, discounts, and periodic cycles.
Purchase levels have also been incorporated into the virtual terminal, enabling merchants to secure optimal Interchange
rates by requiring purchase level information at the point of purchase. Level II data, such as “sales tax,” “customer code,”
and “invoice number” are available, along with level III identifiers like “item product code,” “item price,” and “item
description.”
The NAB virtual terminal dashboard can also be managed through a single sign on from anywhere, regardless of the
number of locations or user logins. Additionally, a myriad of customer set up features, plus advanced reporting capabilities
are included. Reports are easily configured by date range and a volume (versus transaction count) methodology is used
to ensure the information is more relevant to the merchant.
Other key interface features include the ability to manage past orders, enabling a merchant to perform refunds, make
an adjustment and/or print receipts. Transactions can also be set up to require enhanced security such as AVS (Address
Verification Service) and CVV2 (Card Verification Value 2) to protect sensitive cardholder information.
Another innovative feature recently added to the NAB VT is the ability to accept card-present transactions through a
mobile card reader, like NAB’s PayAnywhere 2-in-1 or 3-in-1 card reader. Simply connect the card reader to a laptop or
mobile device and swipe, dip, or tap the card. The card information will automatically populate the VT fields and the
payment can be processed.
More for the merchant
Ultimately, the VT application gives the merchant a faster and safer way to process payments without extra hardware or
supplemental communication channels. Moreover, the NAB VT is already integrated with a multitude of existing POS
and ecommerce solutions, making set up a breeze for the sales partner.
“Our sales partners love the VT because it’s easy to integrate, their merchants understand the user interface, and its
functionality covers all the bases,” concluded Parkinson.
If you are looking to represent a progressive payments company that strives to continually provide its salesforce and
merchants with market-ready payment technologies, NAB invites you to visit gonab.com, or contact the NAB partner
support team directly at 888.229.5229.
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