Authorize.net is a payment gateway service based in the United States. It has been created and launched in 1996 and is a subsidiary of Visa.
The Visa company works with 14 currencies. It is present around the world since the subsidiary works in 31 countries.
Authorize.net is specialised in E-commerce, meaning that their clients are entrepreneurs. They don’t work with private individuals. They offer one solution that includes a package of tools with the aim of facilitating E-commerce payments.
That package includes a telephone and mail orders service. These two ways of ordering can also be used to pay online by credit card or electronic check. Despite the fact that the company is owned by Visa, all major credit cards are accepted as a means of payment. Just as Apple Pay and PayPal.
The Virtual Terminal provided in this package allows businesses to enter and upload individual and batch transactions.
Authorize.net also permits online retailers to accept direct payments, without going on the internet. The package includes an application turning a virtual commerce into a virtual point of sale. Automatic billing and invoicing are featured in the pack, allowing you to support your B2C and B2B relationships.
The provided online account allows entrepreneurs to manage and review their transactions and download reports, for example. This account is regularly checked by an advanced detection suite. This suite checks if you didn’t lose money to fraudulent transactions. It protects you revenues.
Professionals’ data is saved on the provider’s server. Thus their clients’ data is a part of it, meaning that it is also exposed to some risks. Authorize.net tokenizes all the data it gets and stocks it on safe servers. An account updater is also here so you can keep track of your data without having to update it yourself.