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How's an Account Work?


Merchant Account
The following information describes the step-by-step process of how a credit card transaction takes place on the internet:

Step 1.
When a consumer decides to buy a product or service online, using common browsers such as Internet Explorer or Netscape Navigator, a secure order form of the merchant prompts the consumer to enter their name, address, ship-to, credit card information and any other pertinent information required to process the sale.

Step 2.
Upon completion of the order form by the consumer, the "Submit" or "Pay Now" button on the order confirmation checkout page is clicked to begin the payment process.

Step 3.
The button is linked to the AuthorizeNet Secure Gateway which routes and obtains the credit card authorization or declination code. The credit card is checked against the Address Verification System (AVS) to authenticate the cardholder.

An authorization reduces the available credit limit, but does not actually place a charge on the statement of the cardholder or move money to the merchant.

In line with bankcard association rules, the merchant is not allowed to settle transactions until the ordered goods can be shipped, therefore a time lag may exist between the authorization and the settlement process.

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