Originally Posted by CLS_Birmingham
Dang, I'm liking those Bank of America rates. lol. Yeah I called them a few mins ago and was quoted $19.99 a month @ 2.29% + $0.20 on credit cards & $0.25 on debit cards. But yeah, I definitely plan on shopping around. Not to sound stupid, but whats the deal with authorize.net?? krzys said he's going through bank of america but using authorize.net???? lol obviously I haven't had a chance to do any research on merchant services yet, so any help is appreciated.
to taking credit cards
there are 3 main points/
the first is the processor.
these people actually process the card and pay you
bank of america, blue pay ect.
the second is a gateway
they let you communicate with the processor.
authorize.net is most commonly used.
service Auto Pilot uses authorize.net as the gateway.
there are many other companies that use authorize.net as the gateway.
authorize.net acts like a credit card terminal
the thrid is the credit card terminal