AI TOOL PROFILE

Authorize.net Review: Payment Processing Software

Authorize.net helps small and mid-market businesses collect payments through various channels. It is designed for companies that need to manage recurring billing or require fraud protection tools.

Pricing

Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.

At a glance

Best for
Small businesses, Mid-market companies, Ecommerce stores, Retail stores
Key use cases
Ecommerce Sales, Subscription Billing, In-Person Retail, Manual Phone Orders, Nonprofit Donations
Visit authorize netauthorize net software interface screenshot

How AI is used

Authorize.net is a payment gateway owned by Visa that provides a way for businesses to process credit card and electronic payments. It supports multiple transaction methods, including website checkouts, mobile point-of-sale, and manual entry via a virtual terminal.

The software is designed for a range of users, including small retail stores and ecommerce sites. It includes tools for managing recurring monthly billing and an account updater for keeping customer card information current to help avoid payment interruptions.

Buyers can use the platform to handle digital invoicing and simple checkout buttons for low-volume sales. For those with custom applications, it provides APIs and SDKs for integration.

Buyers should confirm how the service fits with their specific merchant account, as it is often sold through a network of reseller partners and financial institutions.

Key Features

  • Multi-Channel Payments

    Supports online transactions, mobile point-of-sale, and phone payments via a Virtual Terminal.

  • Recurring Payments

    Designed for accepting and submitting monthly recurring or installment payments.

  • Advanced Fraud Protection

    Includes rules-based filters to help identify and block fraudulent transactions.

  • eCheck Payments

    Allows merchants to accept electronic check payments as an alternative to credit cards.

  • Digital Invoicing

    Supports the delivery of custom digital invoices to customers via email.

  • Account Updater

    Updates card account numbers and expiration dates for stored profiles.

  • Developer Tools

    Provides APIs, SDKs, and client libraries for integrating payments into applications.

  • Ask Anet

    An AI-powered support tool designed to help users find answers to platform questions.

Use Cases

  • Ecommerce Sales

    Accepting credit cards, debit cards, and digital wallets through an online store checkout.

  • Subscription Billing

    Collecting recurring monthly payments for subscription-based services.

  • In-Person Retail

    Processing payments at a physical location using a mobile device or a card reader connected to a computer.

  • Manual Phone Orders

    Entering customer payment details into a Virtual Terminal for orders taken over the phone.

  • Nonprofit Donations

    Adding simple 'Donate' buttons to a website for low-volume transactions.

FAQ

What is Authorize.net used for?

It is a payment gateway that allows businesses to accept credit cards, debit cards, eChecks, and digital wallets from customers online, in person, or over the phone.

Does Authorize.net support recurring billing?

Yes, it includes a Recurring Payments feature designed to help businesses accept and submit monthly installment or subscription payments.

Can I use Authorize.net for a physical store?

Yes, through the Mobile Point of Sale and Virtual Point of Sale features, merchants can accept in-person payments using smartphones or connected card readers.

How does Authorize.net handle fraud?

The platform offers Advanced Fraud Protection, which allows merchants to customize rules-based filters to help identify and block risky transactions.

Source category: Finance & Accounting

Source subcategory: Payment Processing

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