Virtual Terminal
The Virtual Terminal allows a business owner to manually authorize and process credit card and check transactions from any computer
with an Internet connection. The Virtual Terminal replaces an authorization terminal and enables a business owner to process a transaction without the credit card or check present. The business owner only needs the necessary information from the credit card or check and consumer to input into a computer which is connected to the Internet.

A business owner with an account will access the Virtual Terminal at Authorize.Net. After logging on to the system with the user ID and password, the business owner will complete an electronic form that provides the Authorize.Net system with the information it needs to complete the transaction. Once the information is entered into the computer, Authorize.Net will send the business owner a confirmation that the transaction was completed within 10 seconds. Transactions are automatically settled each day and funded within 2-3 days. The money will then be wired to the business bank account.

Business owners can check the status of transactions, automatically bill customers for recurring charges, or run reports from the Authorize.Net Virtual Terminal. (Back To Top)

WebLink
WebLink allows Internet-based businesses to authorize and process credit card transactions without the business owner entering customer and credit card information. When customers are online and are ready to purchase products or services from the web site, WebLink either captures the necessary information (name, credit card number, etc.) from the site's own secure transaction page or displays a standard WebLink transaction page, hosted on an Authorize.Net server, for the customer to fill out. When the authorization process is complete, the customer receives an approval or decline response, and the Authorize.Net server stores the transaction. The business owner is then notified of the transaction. Transactions are automatically settled each day and funded within 2-3 days to the business owner's bank account.

Business owners can check the status of transactions, automatically bill customers for recurring charges, or run reports from the Authorize.Net Terminal. (Back To Top)

Electronic Check Payments - ACH Payments
eCheck is an online payment service that allows business owners to accept and process electronic check payments either directly from their website automatically or manually through the Virtual Terminal.

Automatically
eCheck allows online businesses to accept checks for payment from customers over the Internet. Customers who wish to pay for a purchase with an electronic check can select the electronic check option on the payment page and enter the requested bank account information. The system debits the consumer's account via the Automated Clearing House (ACH) and transfers the funds to the business owner's account. If the account numbers are entered incorrectly or the account has insufficient funds, the eCheck system notifies the business owner.

Manually
Business owners without commerce-enabled Web sites can also use eCheck to process payments. The bank account information is entered manually by the business owner. Customer approval is always recommended, and the business owner must sign a separate eCheck ACH agreement to perform these types of transactions.

Receipt of Funds
Each transaction takes approximately 48 hours to clear. Business owners should wait five days from the initial transaction date before shipping any goods because it takes two days to debit the consumer's account, two days to deposit the funds into the business owner's account, and one day for the bank to post the transaction. Due to the five day delay, eCheck should not be used by business owner's who sell soft or digital goods that are normally downloaded immediately upon completion of the sale.(Back To Top)