VirtueMart Forum

VirtueMart 1.1.x [ Old version - no longer supported ] => Payment VM 1.1 => Authorize.net VM 1 => Topic started by: Minz on October 29, 2008, 02:19:23 AM

Title: authorize-separate merchant account needed? = Yes
Post by: Minz on October 29, 2008, 02:19:23 AM
Hey there good people,

I've finished setting up my web store. Big thanks for Virtuemart group.

I searched a lot for a clear understanding on how it works. Do I have to sign up with a merchant account prvider to get access to authorize.net?

Do I need both of them?

Thank you
Minz
Title: Re: authorize-separate merchant account needed?
Post by: Minz on December 12, 2008, 01:38:29 AM
Let me answer this myself here.  :D

After some research, this is what I've found.

Authorize.Net sells its services to merchants both directly and indirectly through re-sellers, and a merchant wishing to use Authorize.Net's payment gateway services can contact either Authorize.Net or a reseller.

I'll add more later as I learn more.
Title: Re: authorize-separate merchant account needed? = No
Post by: Minz on December 15, 2008, 00:33:26 AM
Ok, just learned:

Even though you contact aurthorize.net directly. , they will provide you a merchant account of their own and its more expensive comparing other cheaper deals.

So, I guess.. Its better to find a good deal merchant account with authorize.net gateway. Always ask for quote.. its always free. Gud luck!  8)

(i haven't reached to the end yet... wish me luck too)
Title: Re: authorize-separate merchant account needed? = Yes
Post by: PRO on December 30, 2008, 05:01:51 AM
Yes authorize.net is a high prices reseller of merchant accounts.
I have been in the merchant account iundustry for years, and its never been a problem to take a authorize net account.