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Overview of Authorize.net Internet
Payment Gateway:
Virtual Terminal:
The Authorize.Net™ Virtual Terminal enables merchants
to authorize, process, and manage credit & debit
card transactions from any computer with an internet
connection and a Web browser. The Virtual Terminal replaces
standard authorization terminals or software and provides
the best solution for merchants who manually enter credit
card transactions for mail or phone order sales. The
Virtual Terminal is an excellent system for businesses
of all sizes because it removes the complexity and expense
normally associated with authorizing and processing
credit card transactions. On top of that, the system
is much faster than standard dial-up authorization systems.
Businesses with an Authorize.Net account simply access
the Authorize.Net Virtual Terminal through any website
using a standard Web browser. After logging in to the
authorize.net panel using their unique user ID and password,
merchants can access the complete range of Authorize.Net
services. This includes authorizations for purchases,
credits and returns, status and activity reports, and
much more.
To authorize credit card transactions, the merchant
simply completes an electronic form that provides the
Authorize.Net system with the information it needs to
complete the transaction. This information is encrypted
using the latest 40 or 128 bit Secure Socket Layer (SSL)
3.0 technology and sent to an Authorize.Net host server.
The server then sends the data through the authorization
network to the appropriate card issuer's bank over a
secure, proprietary connection. When the process is
complete—this takes around five seconds—the merchant
receives an authorization number, and the Authorize.Net
server stores the transaction. Transactions are automatically
settled each day and funded within 2-3 days.
Merchants can also check the status of transactions,
automatically bill customers for recurring charges,
or run a variety of reports right from the Authorize.Net
Virtual Terminal.
It's no surprise that Authorize.Net is the world's leading
Internet-based payment authorization and transaction
processing solution. Thousands of companies are currently
using Authorize.Net to authorize, capture, and manage
their credit card transactions.
Authorize.Net™ fills that
need with a server-based transaction-processing system
that enables businesses to authorize, process, and manage
credit card and electronic check transactions in a real-time,
online environment. Best of all, these transactions
can be conducted from any computer with an Internet
connection and a Web browser.
Merchants simply send us the information we need to
process their transactions over a secure, encrypted
Internet connection. We take care of the rest on our
sophisticated transaction processing system. That means
businesses get all the advantages of our fast, reliable
commerce servers; powerful databases; and fast, secure,
leased-line connections to financial institutions right
from their Web browser. All without the hassle, complexity,
and expense normally associated with processing and
managing payment on the Internet.
Authorize.Net™ offers tremendous benefits to traditional
businesses, e-businesses, financial institutions, Internet
service providers, Web developers, and others. Our system
is perfect for those companies interested in a secure,
reliable payment authorization solution that doesn't
require a huge investment in new hardware, software,
or bandwidth. For more detailed information about the
Authorize.Net™ family of products, visit the links below:
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