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Archives: Glossary Terms

Application Fee

A fee for processing the paperwork and setting up the account. Most reputable processors will only charge a “Setup Fee” where they only invoice you

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Authorization

The process when a transaction is approved by an issuing bank, authorized agent, or Visa/MasterCard on behalf of that issuer, before the transaction is completed

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Authorize.net Digital Invoicing System

Table of Contents Streamline Your Billing with Authorize.net’s Digital Invoicing System Authorize.net’s Invoicing System makes it easy for businesses to send professional, customized invoices directly

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Authorize.net Recurring Payments Feature

Table of Contents Simplify Billing with Authorize.net’s Recurring Payments Feature Authorize.net’s Recurring Payments feature makes it easy for businesses to automate and manage subscription-based billing

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