Can VM handle dual retail & online business with live payment processing?

[Topanga Creek]

I've worked with Virtuemart for several years, so it is my first move when thinking of how to setup a new business situation.

Question is:
Can VM be hooked up to PayPal Virtual Terminal so that I can use it to process in-store credit cards?

The related issue is having a retail store that wants to sell it's same products on the internet site. So as sales occur online the stock would have to removed from the shelf, and vice-versa so the stock can be tracked properly.
If virtuemart can be used to run the retail store too, then payment could even be made separately (thinking the merchant can "but" the product online using a buyer class with a 100% discount.

So the two issues are live payment processing, and bigger still is using VM in a dual retail/online sales situation.

This would be major to figure this out, these inventory systems and payment processors cost a business a lot of money.

VM to the rescue?