FroogalPay merchants can now tokenize credit cards from the virtual terminal without performing an actual transaction. Not only can merchants use the virtual terminal to tokenize cards, but they can also create hosted payment pages or send out links to perform the same task.
The process of entering the credit card is the same as a normal transaction except no entry is registered against the customer’s credit card statement. This is in contrast and eloquently replaces a regular credit card transaction that requires some dollar amount to be processed against the card or a Pre-authorization transaction, which creates a hold of some dollar amount against a customer’s credit card.