Phishing Email Scam Authorize.Net

We been alerted to a phishing email that many of merchants have been receiving. It appears to come from Authorize.Net and wants you to click a link to reactivate your account. Please don’t do this! If you receive any email that raises concerns with you, please contact immediately!
Here is what the email looks like:
Dear Authorize Customer,
We are sorry to inform you that your online services are expired, and must be renewed immediately, if you intend to use these services in the future, and prevent any similarly situations you must take action at once!
Sign in to begin the verification process.