Authorize.net is one of the biggest and most well-known payment gateway integration providers in the e-commerce application. This provider has its own virtual terminal which turns any Internet connected computer into a credit card processing a transaction. The virtual terminal can also be used with a USB card slider allowing merchants to take advantage of lower processing rates by swiping the credit card.
Payment gateway providers like Authorize.net are an additional but necessary service if a merchant wishes to use a virtual terminal, website shopping cart, or some mobile processing applications.
Along with the virtual terminal, one of Authorize.net’s most popular services is a secured, hosted, and PCI compliant shopping cart. The hosted shopping cart allows merchants to easily sell through their websites by inserting “Buy Now,” “Add to Cart” and “Checkout” buttons without going through the hassle of setting up their shopping cart and their own server. Merchants that have a large product selection and need a robust shopping cart can use Authorize.net’s API to access the payment gateway service. Authorize.net is compatible with nearly all well-known shopping cart packages. Along with all of this, Authorize.net partners with several 3rd party applications to provide a variety of other electronic payment solutions.
There are three types of payment method in authorize.net:
- Direct post method
- Server integration method
- Advanced integration method