Comments on: How does a merchant account work? I’m so confused? http://findyourmerchantaccount.com/582 The Best Merchant Account Reviewed Mon, 12 Dec 2011 11:11:38 +0000 hourly 1 By: stymiee http://findyourmerchantaccount.com/582#comment-604 stymiee Sun, 07 Jun 2009 00:35:04 +0000 http://findyourmerchantaccount.com/582#comment-604 The login and transaction key are provided to you by Authorize.Net. They are in essence the login and password to their software (not your actual account) that allows your website to use them to facilitate communications with your merchant account provider. Basically Authorize.net is acting like a credit card terminal for your website and the login and transaction key is their way of making sure no one is abusing your account with them. BTW, those merchant account rates you were quoted are a bit high. I'd suggest looking around for a new provider. The login and transaction key are provided to you by Authorize.Net. They are in essence the login and password to their software (not your actual account) that allows your website to use them to facilitate communications with your merchant account provider. Basically Authorize.net is acting like a credit card terminal for your website and the login and transaction key is their way of making sure no one is abusing your account with them.

BTW, those merchant account rates you were quoted are a bit high. I’d suggest looking around for a new provider.

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