Virtual Credit Card Terminals are a new phenomena that has been tweaked over and over again throughout the past decade but with the help of the iPhone it has finally been perfected.

There are tons of opportunities for the virtual credit card terminal market and the competition is always heating up. With multiple options that started with a big terminal that used to CVV shop print out a receipt to Nextel’s innovative phone adaptation to today’s innovative iPhone applications that offer the transaction entirely digitally with confirmations that can be sent via email makes it intriguing about how we have evolved and where we are going.

Will finger print technology ever be the newest gadget that we use to barter or are we content with portable phone and terminals to conduct transactions?

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