At Glance
- Full-stack payment service with payment gateway and thrid-party processing.
- Good anti-fraud and security features.
- Free tools for internet businesses.
Overview
Authorize.Net is considered one of the oldest payment gateways for online businesses and was acquired by Visa in 2010. The all-in-one option is a viable choice as an online card processor with businesses that might have issues with fraudulent transactions. One important point is, unlike other popular payment services, Authorize.Net does have a monthly fee of $25. In this case, this service would not be recommended for small businesses that are just starting out. For the medium and large businesses, they should consider if the added anti-fraud and security is worth the $25 monthly fee. Additionally, there is also a payment gateway only option.
Fees
| Credit Card Processing | Details |
|---|---|
| Transaction Cost | Online (regular): 2.9% + $0.30 American Express: 2.3% (below $75), 2.79% ($75 – $,1000), 3.19% ($1,000+) |
| Networks Accepted | Visa Mastercard Discover American Express |
| Monthly Fee | $25 |
| Monthly Minimum | None |
| Setup Fee | $0 |
| Chargeback/Disputes | $25 (refundable if issuing bank rules in your favor) |
Authorize.Net Payment Gateway Only
As mentioned, Authorize.Net represents one of the oldest payment gateways in the business. This option works best, if a business already has a separate merchant account. In this case, you should compare the fees between your own merchant account + Authorize.Net’s gateway vs. the all in one option. In some instances, the merchants might be able to give you discounts or, at worst, same pricing.
