Today's eCommerce marketplace is extremely competitive. Providing your customers with convenient online credit card processing is as important as selling a quality product or service. Research shows that consumers increasingly choose credit cards and ATM/debit cards as their preferred method of payment, boosting Internet sales by 100%.

Payment Processing

For all credit card processing, there are two parts: the authorization and the settlement.

 Authorization means that the fund availability is verified and the funds (if available) are automatically put on hold. This important step defines the "approved" or "declined" status of a payment.

 Settlement is the process by which the money that was put on hold is electronically captured and transferred into the merchant business bank account. In most cases, this process takes 48-business hours.

eCheck.Net

Authorize.Net offers an add-on feature, eCheck.Net, which allows the capture and processing of checking account information through the Automated Clearing House (ACH). This would allow the merchant to accept payments by check from those customers who need an alternative to paying by credit card.

 

Apply now!  We can have you up and running in 48 hours!