As the demand for online credit card payments exploded in the late 1990s, Authorize.Net grew into one of the most popular Internet merchant gateways for both small business owners and large retailers. During the same period, Visa opened its VisaNet processing platform to developers and reconfigured its network using open programming tools. With Visa's purchase of Authorize.Net earlier in 2010, the payment platform provider reaffirmed its commitment to open, secure credit card processing solutions.
Despite being wholly owned by Visa Inc., Authorize.Net helps client companies process secure payments for a variety of credit cards. Company officials told reporters that they expect enhancements to the Developer Center to encourage best practices of security, stability, and rapid deployment throughout the programming community.
About the Author
Joe Taylor Jr. is an internal business consultant for a Fortune 500 company, who writes about finance, culture, and design. He holds a Bachelor of Science in Communications from Ithaca College.