How does Authorize.net pay it's sellers?

Discussion in 'Payment Processing' started by ebp, Mar 16, 2008.

  1. #1
    Is it through check? PayPal? Bank Transfer? If so, is it available internationally?
     
    ebp, Mar 16, 2008 IP
  2. eddy2099

    eddy2099 Peon

    Messages:
    8,028
    Likes Received:
    568
    Best Answers:
    0
    Trophy Points:
    0
    #2
    If I recall correctly, Authorize.net is a Credit Card Payment Gateway service and they do not actually collect money on your behalf. You will need a merchant account with your bank and then use Authorize.net Virtual terminal to link up with your bank to collect payment from credit cards, all money goes directly into your merchant bank account.

    See http://www.authorize.net/resources/howitworksdiagram/

    I would believe you need US account and a US bank to use with Authorize.net .

    By the way, which country are you from ? Maybe you can check with your bank as to which gateway to use and how to set up a merchant account.
     
    eddy2099, Mar 16, 2008 IP
  3. ebp

    ebp Banned

    Messages:
    386
    Likes Received:
    7
    Best Answers:
    0
    Trophy Points:
    0
    #3
    I live in the Dominican Republic, but forget it... I'll just use PayPal...
     
    ebp, Mar 16, 2008 IP