Storage of CC data for repeat users

[bikeguy1]

Joomla version: 1.5.21   VM version: 1.1.5 stable

Our primary "Users" are repeat sales whom do not want to reenter credit card data for each order submission (generally, each will submit 3-7 orders daily).

Currently, our user info only stores "bank account information".  However, we need to store (if legal) a user's credit card info so they user does not have to re enter it for each order.

Is this possible within VM?

Thanks!