authorize-separate merchant account needed? = Yes

[Minz]

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

[Minz]

Let me answer this myself here. 

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.

[Minz]

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! 

(i haven't reached to the end yet... wish me luck too)

[PRO]

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.