Payments can be accepted via digital methods (such as Internet banking or online payment) where no physical card or device is required to be present or scanned.

Virtual payments allows even small businesses to collect payment without the need for complex setups and is not even restricted to a physical location. Virtual payments will continue to grow with more significance as cashless payment becomes the norm. There is no easier way for anyone to expand their business to accept online transactions through a variety of payment options including credit/debit cards, Internet banking and FPX.