We offer Authorize.Net Merchant Account as an option for all of our customers. People get confused all the time by thinking Authorize.net is a Merchant Service Provider, but they are not. You need to setup an account through us before you can start processing payments online. After you get approved, we setup the account to work with Authorize.net Payment Gateway. We support all of the latest online payment technology as well as other payment platforms. By far, Authorize Net is the most popular and most robust payment gateway on the planet. It can be easily integrated into multiple platforms and is supported by the majority of shopping carts and software applications on the market today.
This is not just another gateway for merchants to process transaction, but this solution is a global payment solution and has perhaps the highest security features and fraud detection tools for processing credit cards online as well as echecks.
When people shop online and key in their credit card details and their personal information, that information or data is sent and Authorize.net uses 128 bit SSL security data encryption to send transaction to a server or between servers. Transfer of information is quite fast and customers do not notice that all of this is happening behind the scene: the transaction is authorized and processed either as a decline response or an approval response and if it’s an approval, the transaction is debited from the customer’s bank account within real time.
They have been leading the industry when it comes to IP based payment transactions since 1996. When we setup ecommerce merchant accounts for small businesses, we connect you directly with Authorize.Net. Companies can process transaction online by integrating the API into their website shopping cart and allow for your customers to checkout on their own, or companies can collection the customer’s credit card details and manually process the transaction by login onto the Virtual Terminal. Most phone based businesses process transaction utilizing a Virtual Terminal.
The company was doing so well that in 2007, CyberSource acquired them for $565 Million. This was the second time that they were purchased as the company was originally acquired by Lightbridge for a lot less money.
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