Authorize.net handles credit card processing across almost 70% of all e-commerce websites online today. Your customers will be fully protected by the process that Authorize.net uses. Additionally, Authorize.net essentially a security firm that uses the latest technology to prevent credit card fraud.
When you own an e-commerce website, you often find yourself trying to rely on certain payment methods that are web based, such as Paypal or Google Wallet. What you’ll also find is that while they only take a very small percentage of your profits, that profit eventually impacts your bottom line. Being able to take credit card numbers directly while protecting your customers’ sensitive data is going to prove vital to the success of your business.
When a user commits credit card fraud, if you don’t have Authorize.net in place you could face penalties from banks that are essentially insisting that you haven’t implemented the proper procedure to protect their customers. When a card holder is a victim of credit card fraud, they call their bank or financial institution to protest the charge. When the bank grants them their money back, not only do they take the money from you, but they charge an additional fee. So without Authorize.net protecting customer card numbers, you lose the product, the cost of the product, PLUS an additional charge that the financial institution inflicts upon you.
Authorize.net for Credit Cards:
Authorize.net isn’t just about protecting credit card fraud, but about protecting the transfer of sensitive card information between your website and your database. By encrypting data with top of the line technology, data cannot be intercepted by would be hackers, who know the ins and outs of systems that are used on a regular basis by e-commerce websites. Being able to protect this data is going to protect your name as well, which will prove effective in increasing your bottom line and keeping you off scam lists.