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Authorize.net Question

Thread title: Authorize.net Question
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11-04-2006, 05:05 PM
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Ericsson is offline Ericsson
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  Old  Authorize.net Question

Im interested in taking payments from customers who wish to pay via Credit Card. Im just wondering, does the money you receive go into your bank account ?

11-04-2006, 07:32 PM
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majorglory is offline majorglory
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Yes. From what I see on their "How it Works" diagram, the money goes directly to your bank account, plus the fees that Authorize.net may have.

11-04-2006, 09:19 PM
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Thanks majorglory, I had a look at that diagram earlier but missed the bank account part

11-04-2006, 10:51 PM
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You might checkout 2checkout.com - slightly higher fees per transaction, but no need for a merchant account and such.

11-04-2006, 10:57 PM
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The payments will be sent through my site...

11-04-2006, 11:06 PM
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And a merchant account - a gateway is useless without one.

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