Authorized.net payment gateway set up requirement:

   1 UK and US location merchant
   2 Internet merchant account
   3 Company Info ;Owner Info : SS N, Driver License

Authorized.net payment gateway features:

   1 E-check`s parent company / fast way to deal with E-check
   2 Well recognized payment gateway at North American
   3 Familiar for the online auction seller

Authorized.net - How it works diagram

How authorize payment getway works and its process

Step 1: The merchant submits a credit card transaction to the Authorize.Net Payment Gateway on behalf of a customer via secure connection from a Web site, at retail, from a MOTO center or a wireless device.
Step 2: Authorize.Net receives the secure transaction information and passes it via a secure connection to the Merchant Bank’s Processor.
Step 3: The Merchant Bank’s Processor submits the transaction to the Credit Card Interchange (a network of financial entities that communicate to manage the processing, clearing, and settlement of credit card transactions).
Step 4: The Credit Card Interchange routes the transaction to the customer’s Credit Card Issuer.
Step 5: The Credit Card Issuer approves or declines the transaction based on the customer’s available funds and passes the transaction results, and if approved, the appropriate funds, back through the Credit Card Interchange.
Step 6: The Credit Card Interchange relays the transaction results to the Merchant Bank’s Processor.
Step 7: The Merchant Bank’s Processor relays the transaction results to Authorize.Net.
Step 8: Authorize.Net stores the transaction results and sends them to the customer and/or the merchant. This communication process averages three seconds or less!
Step 9: The Credit Card Interchange passes the appropriate funds for the transaction to the Merchant’s Bank, which then deposits funds into the merchant’s bank account. The funds are typically deposited into your primary bank account within two to four business days.

Authorized.net Fee schedule:

Intergrated Payment Service Schedule

	Fee
Set up Fee	$99
Monthly Fee	$20
Per-Transaction Fee	Visa /Master/Discover: 2.39%+0.35 American express :3.85%+0.35International Cards: 3.49%+0.35
E-check Per transaction fee	$0.95
Charge Back Fee	$15
Non Sufficient Funs Fee	$15
Disbursement Fee	$0.35
Disbursement Fee (Withdrawal Fee)	Withdraw To Bank: $0.35 Fund Hold Period :Credit Card – 2 business Day E-Check-4 business Day