Please read our full list of features here:
http://virtuemart.net/features/all-features

Based on Joomla MVC framework with all its advantages:

• Template overriding,
• Implementation of Joomla Plugins for: payment, shipment, coupons, calculation rules, custom product fields, ...
• Simple installation and integration of other joomla extensions.
• Joomla ACL System, controll who edits or publish a product, or controll who is allowed to change the order status of an order, and so on.

CATEGORIES

• nested categories
• with meta tags for seo
• with description and media

PRODUCTS

• Product Bundles
• with meta tags for seo
• short and long description
• dimensions (weight, size)
• multiple media
• multi-variants/attributes for products (variant-matrix)
• unlimited child products and derivated levels
• product pattern (Parent product used as pattern for child products)
• related products
• reviews and ratings
• downloads

SHOPPERGROUPS

• pricing depending by shoppergroups
• price display depending by shoppergroups
• payment/shipment depending by shoppergroups

SHOPPERS

• customizable shopper input form
• input form depended on registration, checkout or shipment
• recaptcha
• adressbook
• default Bill-to and Ship-to address
• default payment and shipment method

INVENTORY/STOCK

• stocking/inventory
• stock warning
• virtual stock (ordered but not finally bought)

PRICES

• various type of prices to display depended by shoppergroup
• prices adjusted by shopper choosen currency
• different currency format per currency
• unit price
• quantity based pricing

REAL MULTI CURRENCY

• auto updating rates
• add your own currencies for fixed currency rates
• prices per currencies

SEF/SEO

• default SEF/SEO integrated

DYNAMICAL CALCULATOR

• discounts based on time, category, shoppergroup, country, and state
• tax based on time, category, shoppergroup, country, and state
• discounts, tax per product and/or order
• discounts, tax have their own currencies (for duties)

PAYMENT/SHIPMENT

• both are based on plugins
• a very handy default plugin is already onboard
• minimal amount / maximal amount to use
• restricted by shopper groups
• restricted by categories
• restricted by blocking categories
• restricted by countries
• restricted by blocking countries
• restricted by blocking shipment
• restricted by coupons
• plugins can add their own
• plugins already onboard: PayPal Checkout, Sofort Banking and Sofort iDeal, Skrill, Authorize.net, Realex, eWay, default (can be used to create payments like cash on delivery), and a lot more in the net.
• transaction fees (for payments)

CHECKOUT

• guest checkout; completly anonymous checkout
• option to register at begin of checkout
• cart is an object not template related, GUI and flow competly overridable by template
• cart is stored in the session
• multi-page checkout
• one page checkout
• SSL
• Double Opt-in

ORDERS

• payment/shipment workflow
• history
• modifiable
• order tracking for anonymous users
• order editing
• partial refunds
• order balance
• pdf invoice, delivery note

PRODUCTS DISPLAY

• latest
• topten (most sold)
• newest
• featured
• sortable
• searchable
• shipment/payment

MULTILINGUAL

• native with Joomla!
• allows partial translations

MARKETING PROMOTION AND TOOLS

• coupon handling
• coupon analytics