VeriFone Virtual Terminal Manual page 3

6. The Merchant Reference (optional) is either an Order ID from the ordering system or a random string. The purpose for this field is
to accommodate for the merchants' own administration. If no information is entered, a default value of DefaultMerch will be used.
7. The Transaction Description (optional) is the information which will show up on the customers bank statement. Doing Business As
(DBA name) — required when registering with the schemes. If the dynamic descriptor is not being used, the Doing Business As (DBA)
name will be used as reference on the bank statement.
8. For the Israel market, the Virtual Terminal also supports new transaction types: installments, sale preferred Isracard and Sale
Direct Debit. Additional information on instalments can be found here.
9. The Promo Code (optional) field can be completed with a code offered by the merchant to customers who can use it to receive a
discounted price when buying products online.
10. Once the configuration has been completed, click on Continue to Payment to proceed to the next step.
https://verifone.cloud/docs/online-payments/virtual-terminal
Updated: 17-May-2024
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