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- Description
- Reviews
- FAQ
- Customers ()
- Specifications
- Cloud Hosting
- Customization
- Changelog
Prestashop Virtual Payment Terminal -The module allows customers to save their card details on the website of the merchant. As there are multiple reasons for a customer to leave the website but we could not diminish the abandonment rate causing due to payment failure. Hence, saving the card details of the customer to make the payment afterward could be something that merchants can try to retain the sales and the customers.
Prestashop Virtual Payment Terminal Features -
- Choose to save the card details of the customer to process the payment in the future.
- Either save all the details of the card in the database or half in a database and receive another half via mail.
- Set a minimum and maximum order amount to use the payment method.
- Set an email to receive the other half details of the card.
- Select the order status for the orders placed using the virtual payment method.
- Choose to delete the card details after the order reaches a certain status.
- Select the order status after which the card details will be deleted.
- Choose to show or hide card details on the order history page.
- Show or hide certain fields from the card details form.
- View details of all the saved cards under the customer’s personal details page too.
Benefits of using this module
This module will help those merchants who have a particularly very high cart abandonment rate because of payment failures. It's a very well established fact on which most of us will agree that we often leave the website after facing payment failure. We might never return to that site again and this is true with most of the shoppers out there.
These instances not only result in very high unaccounted losses but it also cost some customers that the merchant could have retained if it was not for the payment issue.
Save the details to process the payment afterward
In order to minimize the cart abandonment and bounce rate causing due to payment failures, merchants can resort to the option where they will process the payment themselves on the customer's behalf. There are two ways in which this module allows merchants to save the card details.
- Save half of the information in the database and receive the other half via mail - In this case, some of the info provided by the customer is saved in the database of the shop and the other half is received by the merchant via mail.
- Save all the information in the database - Here the merchant opts to save all the info provided by the customer in the database only.
Customize the card detail form
You can also decide to show or hide some fields from the card detail form which is shown to the customer on the checkout page. Those fields are:
- The name of the cardholder
- Card number
- The expiry date of the card
- CVV of the card
Prestashop Virtual Payment Terminal Support -
For any query or issue please create a support ticket here http://webkul.uvdesk.com
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Frequently Asked Questions
Are virtual payments secure?
Yes. There is no need for service providers to transfer sensitive information (bank account numbers or mailing addresses) to the payer or in payment. Additionally, once the transaction is complete, the card number is also deleted.
Who makes virtual payments?
Any person or business can use virtual payments. However, the typical user would be a company who writes a lot of checks or sends a lot of payments.
Who can receive a virtual payment?
Any service provider, such as a store owner, equipment dealer, auto mechanic, etc., may receive a virtual payment as long as they have a POS.
Are virtual payments more cost-effective than checks?
Yes. Checks can cost $1.61 to $8 per transaction, not including the cost of postage and processing fees; the estimate also does not include the cost of lost or late checks. Many payments offer their service as a no-cost solution to the payer.
How long does it take to process a virtual payment?
It takes about two business days for a payment to process. Checks can take up to 10 days.
What are the advantages of using virtual payments over a check or other payment method?
According to the 2016 AFP Electronic Payments Survey, the top five benefits of electronic payments are cost savings, speed of settlement, improved cash forecasting, more efficient reconciliation, and fraud control.
Here are the three distinct advantages of virtual payments:
- Decreased costs
- Increased cash flow
- Greater security
Move to Cloud Today
AWS Free tier hosting for one year by amazon web services, for more details please visit AWS Free Tier.
GCP Free tier hosting for one year with 300 credit points by google cloud platform, for more details please visit GCP Free Tier.
In our default configuration we will provide tremendous configuration for your eCommerce Website which is fast to load and response.
Default Configuration Details of Server
- 1 GB RAM
- 1 Core Processor
- 30 GB Hard Disk
- DB with 1 GB RAM and 1 Core Processor
* Server Configuration may vary as per application requirements.
Want to know more how exactly we are going to power up your eCommerce Website with Cloud to fasten up your store. Please visit the Cloudkul Services.
Get Started with CloudModule code is completely open that means anyone can customize the code as per his / her need , as the developer of the module we also provide customisation and development of the module please contact us for module customisation Paid Service
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