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Matches in DBpedia 2014 for { ?s ?p Authorize.Net is a payment gateway service provider allowing merchants to accept credit card and electronic check payments through their Web site and over an IP (Internet Protocol) connection. Authorize.Net claims a user base of over 375,000 merchants, which would make them the Internet's largest payment gateway service provider.[citation needed]Authorize.Net’s HistoryAuthorize.Net was founded in 1996, in Utah, by Jeff Knowles, an entrepreneur and credit card agent to brick-and-mortar merchants. Knowles recognized the need to connect websites to credit card processors, to facilitate the acceptance of credit card payments on the Internet. That connection is now known as a payment gateway, and Authorize.Net has grown to represent over 225,000 online merchants.Authorize.Net’s launch proceeded Google’s by three years. Jeff Bezos launched Amazon.com in 1995, and Jerry Yang co-launched Yahoo! in 1994. Authorize.Net, in short, is a pioneer in the ecommerce industry.Visa’s acquisition of CyberSource, Authorize.Net’s parent, marks the sixth owner for Authorize.Net. After Knowles founded the company in 1996, he sold it to Go2net in 1999. Go2net was then acquired by InfoSpace in October 2000, who then sold Authorize.Net to Lightbridge, in April 2004. Lightbridge owned Authorize.Net until Nov. 2007, when it sold the company to CyberSource, who has now agreed to sell itself and its Authorize.Net division to Visa, the dominant credit card issuer in the world.Authorize.Net, Ownership Timeline1996 – Founded by Jeff Knowles, an entrepreneur and credit card agent, in Utah1999 – Acquired by Go2net, for $90 million2000 – Acquired by InfoSpace, upon that company’s purchase of Go2Net2004 – Acquired by Lightbridge, for $82 million2007 – Acquired by CyberSource, for $660 million2010 – CyberSource and Authorize.Net acquired by Visa, for $2 billion. }

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