PayPal Virtual Terminal service

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business: services: merchant card processing+PayPal: Virtual Terminal

Overview
The PayPal Virtual Terminal service allows merchants with a PayPal business account to process credit cards using a web browser. One minor disadvantage of this service over other credit card processing services is that you can only post refunds within 60 days of the original transaction; there is no facility to post credit to an arbitrary credit card. However, this should be a very rare necessity, and you can always transfer money to a checking account and refund the money by check. If the customer has a PayPal account, you can also send money that way.

Legal

 * PayPal Commercial Entity Agreement
 * 2010-08-10 Agreement for American Express&reg; Card Acceptance - American Express-PayPal Service Agent Program