|
The Authorize.Net™
Virtual Terminal is a secure, browser-based interface that
enables businesses to authorize, process and manage credit card
transactions from any computer that has an Internet connection
and a Web browser. Virtual Terminal replaces standard authorization
terminals or software, and provides the best solution for merchants
who manually enter credit card transactions for mail or phone
order sales.
Virtual Terminal suits
businesses of all sizes because it reduces the complexity and
expense normally associated with authorizing and processing credit
card transactions. It's also much faster than standard dial-up
authorization systems.
Businesses with an
Authorize.Net account simply access the Virtual Terminal through
our Web site using any Web browser. After logging into their Authorize.Net
account using a unique user ID and a password, merchants can access
the complete range of Authorize.Net services -- authorizations
for purchases, credits and returns, status and activity reports,
and much more.
To authorize credit
card transactions, the merchant completes an electronic form that
provides the Authorize.Net system with the information it needs
to complete the transaction. This information is encrypted using
the latest 40 or 128-bit Secure Socket Layer (SSL) 3.0 technology
and is sent to an Authorize.Net host server. The server then sends
the data through the authorization network to the appropriate
card issuer's bank using a secure, proprietary connection. When
the process is complete -- this takes around three seconds --
the merchant receives an authorization number, and the Authorize.Net
server stores the transaction. Transactions are automatically
settled each day and are funded within two to three business days.
Merchants can also
check the status of transactions and run a variety of reports
right from the Authorize.Net On-line Interface.
|
