We got this email today from authorize.net reseller support:
|Authorize.Net LLC (“Authorize.Net”) is engaged in a strategic initiative to allow us to more effectively work with our referral partners. Authorize.Net has reviewed its current agreements and has decided to focus on its most active partners. As part of this change in strategy, Authorize.Net will be terminating your existing partnership agreement within 90 days of the date of this email. You will no longer receive residual payouts once the partnership is terminated.
We thank you for your partnership.
We’ve been a reseller for a number of years and while we don’t make a lot on it, the customers we referred and helped setup are still active so we make a small residual each month, enough to offset our own authorize.net fees. It was enough that they were our first recommendation and as a result we have lots of experience working with them.
This email, out of the blue, is a surprise to say the least. I am sure they are going to save a significant amount on affiliate fees but I have to say, I expect to do a lot more recommendations of Stripe in the future.