Authorize.net is a Visa-owned payment gateway service that assists businesses in accepting credit card and electronic check transactions quickly and securely.
It offers a wide range of payment solutions, which include the following:
- Debit and credit cards
- eChecks
- Digital payments, like PayPal and Apple Pay
- Virtual Point of Sale.
and clients can make online payments, mobile payments, telephone payments, and via virtual terminals, or opt for subscription-based service.
Let’s take a closer look at Authorize.net pricing and fees.
Sections
Prices/Fees
There are two Authorize.net plans: All-in-one option, and Payment gateway only.
Let’s explore them in more detail.
1. All-In-One Option
This plan is for those who don’t have a merchant account and offers a complete suite of payment tools.
As seen in the image above, there is a monthly fee of $25 while creating your account is free. There is a per transaction fee of 2.9% plus 30¢.
With this plan, clients get access to the following features:
- All payment solutions
- Fraud detection and prevention
- Subscription-based services
- Invoicing
- Customer Information Manager
- Simple checkout
- Mobile payments
And for an additional fee, clients can also have access to eCheck processing solutions and account updater solutions, which are automatic monthly credit card updates.
2. Payment Gateway Only
If you do have a merchant account, this is the plan for you.
The monthly fee is the same, $25, and there’s also no setup fee. With the Gateway Only plan, there is a per transaction fee of 10¢, and a daily batch fee of 10¢.
Features that are included in this plan are as follows:
- All payment solutions
- Fraud detection and prevention
- Customer Information Manager (CIM)
- Recurring payments
- Simple checkout
- Invoicing
- Developer tools for customizing the payment gateway
Features that are available in this plan for a fee upon request are as follows:
- Account updater
- eCheck payments
Services
Authorize.net provides a variety of services, including fraud protection, application programming interfaces (APIs), and other payment options. Let’s take a more thorough look.
Multiple Payment Solutions
Authorize.net’s Payment Gateway offers access to different payment solutions, which include the following:
- Virtual Point of Sale (VPOS)
VPOS is a free, value-added service that gives you the ability to start receiving payments in person by connecting a card reader that’s compatible with your computer.
- Debit and credit cards
Authorize.net accepts Visa, MasterCard, Discover, and American Express.
- eChecks
The use of electronic checks as a form of digital payment is highly recommended for recurring transactions, bill payments, and payments made without physical touch.
- Digital payments
Provide your customers with a wide range of payment alternatives, including Apple Pay and PayPal, in addition to credit card payments.
- Virtual Point of Sale
Through the use of your online browser and Authorize.net’s Virtual Terminal, you can submit manual orders rapidly and safely.
- Mobile payments
Customers can also make payments over the phone or use their mobile devices.
Fraud Prevention Measures
The Advanced Fraud Detection Suite (AFDS) assists in the detection, management, and prevention of potentially fraudulent and questionable transactions, which can result in significant financial loss.
Although many small businesses believe that they are not targeted by fraud, Authorize.net suggests the following three simple ways to protect your company.
The following are some of the ways that Authorize.net may assist you in preventing fraud:
- Reduce expenses by avoiding probable inventory loss and keeping authorization and chargeback fees to a minimum, as well as any additional fees that may be incurred as a result of fraudulent transactions.
- Protect revenues by increasing the number of valid transactions as much as possible while reducing the risk of fraud.
- Increase the amount of freedom you have by configuring the filter settings per the specific requirements of your organisation.
- Enhance your intelligence-gathering capabilities and restrict transactions and activity originating from certain nations and IP addresses.
API
Application programming interfaces (APIs) and software development kits (SDKs) are available to developers for both Android and iOS. It offers developers a way to integrate the Authorize.net payment gateway into their sites or apps and customize it, as well as automate important tasks.
Moreover, it supports a variety of programming languages and offers plenty of integrations.
You’ll also get:
- Modules and forms for websites and applications.
- CyberSource – a credit card payment processor that has earned BBB accreditation.
- Apple Pay and Android Pay.
- Secure storage of customers’ private information that is easily accessed during future transactions.
Streamline Checkout for Repeat Customers
You can simplify the checkout process for returning customers to improve the customer experience for repeat customers, who can pay quickly and conveniently without having to re-enter their payment data.
Getting Payments
Merchant bank account gives you the ability to get paid via digital wallets, receive electronic checks, and receive payments made with payment cards through POS terminals, mobile platforms, and online.
The financial institution at which you maintain your merchant account is referred to as the acquirer, often known as the merchant acquiring bank. Under the framework of their all-in-one price option, Authorize.net can assist you with the setup of both the merchant account and the payment gateway.
eCheck.Net
eCheck.Net is the electronic check solution that enables clients with bank accounts in the United States to use Automated Clearing House (ACH) transactions as a form of payment. As opposed to payments made using payment cards, transactions made using electronic checks take a while to be processed by the customer’s bank. eCheck transactions, much like paper check transactions, need to be cleared by the customer’s bank before financing, and it can take up to seven business days for merchants to receive the money.
Integrations
Magento, Moolah, eBay, SurveyMonkey and Shopify are some of the companies that Authorize.net integrates with.
Extra Care On Customer Support
The customer service department of Authorise.net is available non-stop, except on all major holidays. Customers of Authorize.net get additional access to support options, like online chat and an eTicket management system.
Company History
Authorize.net is a payment gateway service founded in 1996 by Jeff Knowles. Visa owns 100% of Authorize.net and operates it as a subsidiary.
The following image shows us some of the awards they have received so far:
Click here to go to the About Us page at Authorize.net website.
User Reviews
Authorize.net user ratings are as follows:
- Capterra: 4.4 stars out of 5.
- G2 Crowd: 4.0 stars out of 5.
- TrustPilot: 1.8 stars out of 5.
- Sitejabber: 1.3 stars out of 5.
The average score for Authorize.net from the above-listed sites is 2.88 out of 5 stars.
User Reviews
Review Summary
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