Authorize.Net

Overview

Authorize.Net is a company based in the United States that operates within the finance industry, specifically focusing on credit card and transaction processing services. Founded in 1996, the company has grown to employ between 51 and 200 individuals and reported revenue of approximately $103 million. The company’s expertise is reflected in its published document, the "2023 Global eCommerce Payments and Fraud Report," which provides insights into trends in eCommerce payments and fraud management. The report discusses various strategies that merchants are adopting to combat fraud, including the implementation of Strong Customer Authentication (SCA) in compliance with EU regulations. It highlights the differing approaches between small to medium-sized businesses (SMBs) and larger enterprises regarding manual order reviews in fraud management. The report emphasizes the challenges and uncertainties that merchants face in adopting new fraud prevention measures and the importance of consulting legal counsel when implementing these strategies. Overall, Authorize.Net's focus on transaction processing and fraud management underscores its role in providing analytical insights to support merchants in navigating the complexities of eCommerce payments.

Industry