Products and Services Overview November, 2006. © 2004 Lightbridge, Inc 2 What We Do +Authorize.Net provides an Internet Protocol (IP) payment gateway

Products and Services Overview

November, 2006

2© 2004 Lightbridge, Inc

What We Do

+ Authorize.Net provides an Internet Protocol (IP) payment gateway that enable merchants to authorize, settle and manage credit card and electronic check transactions from…

+ Web Sites

+ Retail Stores

+ Mail Order

+ Mobile Devices


Company Overview

+ Over 100,000 Active Merchants

+ Dominant Gateway in Small & Medium Business market since 1996

+ Acquired by Lightbridge, Inc. (NASDAQ: LTBG), April 2004

+ Burlington, MA

+ 130+ Employees

+ American Fork, Utah Reseller / Channel Management, Business Development, Finance & Inside Sales

+ Bellevue, Washington Engineering, Operations, Product Management, Marketing & Reseller Support


How it Works


The Payment Gateway of Choice

Merchants’ choice:

+ Secure platform for transaction processing

+ Compliant with the latest industry standards and regulations Visa CISP Certified & MasterCard SDP (in progress)

+ Widespread third-party solution support from over 200 leading shopping carts, VARs and software companies

+ Connected directly to the Chase Paymentech Tampa Processing Platform


The Authorize.Net Package

Standard Gateway Features

+ Merchant Interface

+ Transaction history

+ Help guides

+ Integration specs

+ Billing details

+ News updates

+ Automatic upgrades

+ AVS & card code filters

+ Test mode

+ Virtual Terminal / Batch Upload

+ MOTO & retail transactions

+ Multiple Integration Methods

+ Over 200 shopping carts & software companies

Add-On Features

+ Automated Recurring Billing (ARB)

+ eCheck.Net

+ Fraud Detection Suite (FDS)

+ Cardholder Authentication Programs

+ Verified by Visa

+ MasterCard SecureCode


Merchant Interface


Merchant Interface – Virtual Terminal

5 Areas of Virtual Terminal

+ Order Info

+ Credit Card Info

+ Checking Account info

+ Billing Address Info

+ Shipping Address Info


Automated Recurring Billing (ARB)

+ Build CC & eCheck Transaction Volume!

+ Three easy ways to create a subscription:

1. Merchant Interface

2. Batch upload capability

3. From a previously settled transaction

+ Multiple recurrence intervals and trial period

+ Low maintenance

+ E-mail notifications when credit card expires

+ Activation through the Reseller Interface


eCheck.Net

+ Accept and Process Electronic Check Transactions

+ No additional integration necessary

+ Accept payments over the internet or by phone

+ Charge for one-time or recurring payments

+ Collect funds from personal or corporate bank accounts

+ Merchant must submit separate application

+ Reconcile eCheck.Net Deposits

+ Settlement statement with transaction details

+ Separate reports for Settlement, Billing, Funding Calculation and Risk Reserve activity


Fraud Detection Suite (FDS)

+ Provides Web merchants with powerful tools to identify, manage and prevent suspicious and potentially costly fraudulent transactions

+ Easily implemented

+ Designed with Authorize.Net merchants’ interests in mind

+ Full setup wizard that walks merchants through tools

+ Highly effective

+ Combat two types of fraud: verification and settlement fraud

+ Overlapping filters/tools to provide extra protection

+ Customizable rules for merchants specific business needs

+ Process as normal

+ Authorize & hold for review

+ Do not authorize, but hold for review

+ Decline / Reject


Card Present Services

+ Eliminates the cost of a dedicated phone line

+ Alternative to virtual and private data networks

+ Easy-to-use management and development environments

+ Short learning curve for fast employee training

+ Fast transaction speeds

+ Cost effective


Multi-User Accounts

+ Coming soon!

+ Administrative controls for both resellers and merchants

+ Accessible through both Merchant and Reseller Interfaces

+ Multiple logins provided by “Account Administrator”

+ User-friendly controls and functionality

+ Excellent solution for call centers, Accounting depts., fulfillment houses, etc.


Dedicated Risk Department

+ Helps Merchants Detect Suspicious Transactions

+ Proactively monitors transaction activity

+ Notifies merchants of any suspicious activity identified on their account

+ Recommends specific steps for tightening security

+ Helps Merchants Prevent Suspicious Transactions

+ Educates merchants on the security tools available & “best practices”

+ Authorize.Net has published a Security “Best Practices” white paper

http://www.authorizenet.com/files/securitybestpractices.pdf

+ Abuse Management

+ Enforces Acceptable Use Guidelines

+ Monitors and terminates all “adult” merchants on a monthly basis


Security & Risk Management

+ Address Verification System (AVS)

+ Verifies card holders address at their issuing bank.

+ Card Code (CVV2,CVC2,CID)

+ Three to four digit security code printed on credit cards.

+ Transaction Key

+ Unique alphanumeric key used as second layer of identification for merchants when submitting AIM transactions to Authorize.Net.

+ Credit Restrictions

+ Only allows credit to be issued against previously settled debit transactions.

+ CISP Certified

+ Certified with Visa’s Cardholder Information Security Program

+ All sensitive information is masked both internally and on all interfaces.

+ Cardholder Authentication Programs

+ Verified by Visa & MasterCard Secure Code


Key Selling Points

Integration

+ 3rd Party Support

+ More than 200 integrated partners

+ Integration Team

+ Sample Scripts available

Stability/Reliability

+ Redundancy

+ Increased Capacity

+ Visa CISP & MasterCard SDP Compliant

Support

+ Unmatched by any competitor!

+ Large support staff

+ Phone, email and online chat

+ Hours: 6 am – 6 pm PST, 7x363

Brand Recognition

+ Widely Recognized and Trusted

+ Longevity – Established in 1996!


Reseller Pricing

• Standard Buy Rates

• $149 One Time Set up Fee

• $20 Monthly Gateway Fee

• $0.10 Transaction Fee


For More Information

Kevin Piccolo

Authorize.Net Reseller

(866) 649-4105

[email protected]


Documents

Products and Services Overview November, 2006. © 2004 Lightbridge, Inc 2 What We Do +Authorize.Net provides an Internet Protocol (IP) payment gateway