What Is Authorize.net?

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Last Updated on August 7, 2022 by Corepay

Are you searching for a high-risk payment gateway for your business and not sure which to pick? Authorize.net is one of the most popular high-risk payment gateways on the market, and in this article, we will break down everything you need to know.

So, what is Authorize.net, and why is it different than other payment gateways? Authorize.net is a payment gateway designed specifically for high-risk merchants from Visa. It allows businesses to accept payments online on their terms in a streamlined manner. 

The high-risk payment gateway services that Authorize.net provides help merchants manage their accounts swiftly, allowing them more time to work on their business.

What Businesses Can Use Authorize.net?

Authorize.net is built to deal with high-volume and high-risk companies. With this being said, Authorize.net can service any legal business.

Let’s take a look at some of the industries that commonly use Authorize.net:

  • CBD
  • Adult
  • Online dating
  • High-Volume Ecommerce
  • Firearms
  • Vape
  • Crypto
  • Fantasy sports
  • Online gambling
  • Travel

If it’s a legal business operating normally, Authorize.net will be able to service it.

Authorize.net Payment Gateways And What You Need To Do To Start Accepting Payments

Authorize.net takes traditional payment processing one step further by providing customers with instant card approval/denial. 

Once you choose Authorize.net as your payment gateway, you will need to find a payment processor. This is where we come in at Corepay. With over two decades of high-risk credit card processing experience and hands-on experience with Authorize.net, we are confident we are an excellent fit for your business.

Once you hook into Authorize.net, we can plug in, swiftly offering seamless integration.

Authorize.net For High-Risk Merchants

Authorize.net currently leads the high-risk payment gateway industry and has facilitated over one billion dollars in payments.

When it comes to secure payments, Authorize.net encrypts user data. They are also up to date with all of the latest payment regulations with major card brands such as Visa and Mastercard, including the Mastercard acquirer collaboration.

Authorize.net understands the high-risk vertical and they are willing to accept the additional risk that comes with high-risk companies. 

Authorize.net Fees

The fees with Authorize.net are pretty straightforward. There are no setup fees, and this is what a quick rundown looks like for pricing/services:

  • $25 monthly gateway fee
  • 10 cents per transaction
  • Recurring billing included
  • 24/7 customer service

Is Authorize.net A Good Payment Gateway?

Authorize.net is one of the most popular payment gateways in the world, especially for high-risk businesses. It is known for its developer-friendly API, offering ultimate flexibility and a great customer experience.

Is Authorize.net a Payment Processor?

Authorize.net is not a payment processor, so you will need to find a payment processing partner before accepting payments from your website. 

It is essential to choose a high-risk partner if you operate within a high-risk industry. 

Is Authorize.net a Merchant Account?

No, Authorize.net is not a merchant account. You will need to find a high-risk payment processor to get you set up with a merchant account. You will then connect this with your Authorize.net account. There is an option for an all-in-one suite, but this is only for low-risk businesses.

We recently just wrote about the different payment processors and payment facilitators that we think you will find interesting.

Can You Use Shopify With Authorize.net?

Merchants can effectively use Shopify with Authorize.nets payment gateway. With this being said, be sure that your industry falls in line with Shopify so that your Shopify merchant account isn’t terminated.

Authorize.net Terminated Merchant Account

Was your merchant account recently terminated with Authorize.net? Allow Corepay to set you up with a custom-tailored merchant account, and we will do the rest for you.

You will need a high-risk payment processor with Authorize.net, and we have set up countless clients through Authorize.net seamlessly.

Authorize.net VS Paypal

Simply put, Authorize.net offers more for high-risk merchants as Paypal does not service high-risk industries. Authorize.net also charges less for transaction fees and less for American Express cards.

It is hard to determine which is better for your business as it will vary depending on your needs and whether international sales are a priority.

How Corepay Can Help

At Corepay, we work with clients using Authorize.net daily. So we cannot only connect to your payment gateway but also set it up for you and ensure everything is working as it should.

We believe Authorize.net is an excellent and simple payment gateway to use, which is why we never push clients to use our payment gateway. 

By taking a gateway agnostic approach, we are able to help clients process payments through Authorize.net and most major payment gateways, allowing for a headache-free experience.

Fill out an application to start your Authorize.net payment gateway integration through Corepay today.

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