Hello, all.
We are looking into using Authorize.net as a provider for our billing needs as far as ACH goes. While I've read the ARB documentation it appears that it does not truly meet our needs unless there is some type of other service or workaround using the ARB/eCheck platform.
What our needs are is to have a customer register with us for a daily settlement based on a total of transactions that occured under an account on that day. Since this value of settled transactions can vary from day to day, obviously the amount would be different each time we settle.
ARB appears to only set up billing subscription which has a known interval and a known fee - which is understandable from a subscription standpoint.
What we want as a solution is to have a function in which we don't have to store any banking information (just an initial verification) and only receive a reference ID (subscription ID in ARB's case) to charge against for these different amounts. Basically, we don't want to have any security risk of storing banking information - just an initial transaction to get an token (ID) to bill the customer.
Is there a way to do this?
Eric
