
2Checkout
Nowadays, the number of online stores continues to grow. Living in the digitalization era means the need to have a payment gateway. To run an online business without difficulties, the payment provider should be functional and trustworthy.
This is where 2Checkout comes in handy. The service lets customers pay for their goods with the assistance of credit and debit cards, electronic wallets, and other methods. The article contains all the necessary details regarding 2Checkout so you decide if it is suitable for you.
Characteristic | Details |
---|---|
Regions | Global coverage, available in 200+ countries |
Getting started | Sign up online, submit business details, and verification process |
Commission per transaction | Varies by plan: from 3.5% + $0.35 per transaction (2Sell Plan) |
Payment methods accepted | Credit/debit cards (Visa, Discover, American Express, MasterCard), payment systems (Apple Pay, PayPal, Neteller, Skrill, Bank Transfer, and others) |
Fraud and risk management | Compliance with PCI DSS standards, built-infraud protection tools, and modern encryption |
Accepted currency | 100+ currencies |
Set up type | Hosted or API-based checkout integration |
Onboarding and approval time | Approximately 5-7 business days |
Recurring billing | Yes, it supports subscriptions and recurring payments |
Charges on refunds | No extra charge, but transaction fees are non-refundable |
SDK stacks | PHP, Java, .NET, Python |
Settlement time | Ordinarily 7 business days |
Payouts support | Yes |
Split payments | Yes |
RegionsGlobal coverage, available in 200+ countries | |
Getting startedSign up online, submit business details, and verification process | |
Commission per transactionVaries by plan: from 3.5% + $0.35 per transaction (2Sell Plan) | |
Payment methods acceptedCredit/debit cards (Visa, Discover, American Express, MasterCard), payment systems (Apple Pay, PayPal, Neteller, Skrill, Bank Transfer, and others) | |
Fraud and risk managementCompliance with PCI DSS standards, built-infraud protection tools, and modern encryption | |
Accepted currency100+ currencies | |
Set up typeHosted or API-based checkout integration | |
Onboarding and approval timeApproximately 5-7 business days | |
Recurring billingYes, it supports subscriptions and recurring payments | |
Charges on refundsNo extra charge, but transaction fees are non-refundable | |
SDK stacksPHP, Java, .NET, Python | |
Settlement timeOrdinarily 7 business days | |
Payouts supportYes | |
Split paymentsYes |
Pros
- 2Checkout supports transactions in over 200 countries
- Every payment method is reliable
- There are no unclear or hidden fees
- 2Checkout integration is simple
Cons
- Some complaints about technical support
- Withdrawal delays after account blocking
Benefits of Using
Whether you run an eCommerce store, sell digital goods, or offer subscription-based services, 2Checkout guarantees a flexible solution. There are numerous benefits to using this payment gateway. First of all, it delivers several options for integration. Also, there are possibilities for personalizing payment forms. In particular, you can attach a logo, pick fonts, select colors, etc.
Another valuable benefit is the automatic transfer of funds. In addition, 2Checkout offers affordable fees. There are 4 plans accessible (2Sell, 2Subscribe, 2Monetize, and 4Enterprise). What’s more, the personal account is highly convenient. Merchants can export reports, turn on notifications, govern returns, keep track of payment statistics in real-time, etc.
2Checkout integrates with popular eCommerce platforms such as Shopify, WooCommerce, Magento, BigCommerce, and others. Despite definite negative claims regarding technical support, 2Checkout still offers professional customer assistance. Managers make all efforts to resolve issues rapidly and efficiently.
How To Use 2Checkout
If you’re looking to integrate or use a 2Checkout payment provider, several steps need to be performed. First of all, your assignment is to create a 2Checkout account. Go to the official website (2checkout.com), pick the most suitable plan, and press the “Sign Up for Free” icon.
After that, you need to fill in your personal information. Specify your first and last name, business email, and password. If you wish, you can point out the website URL and your country. The next stage is to deliver details about your business. Pick the category of goods or services and specify the tax accounting method. Once you submit the second form, you can enter your personal account with the assistance of created credentials. This is where further setup and integration continue.
Once you register an account successfully, your task is to finish activation to begin accepting real payments.For this, you will be required to fill out a form with definite fields in your personal account. Finally, 2Checkout starts to verify data after you present the finished application form and documents.
To complete activation, you will need to present seller location information, product details, account information (legal form of your company, identification code, contacts, registration date, etc.), owner details (full name, date of birth, etc.), and desired withdrawal method. Download the required documents and connect the payment gateway to the site. Once your account is approved, you can switch to Live Mode in the dashboard. Start accepting payments from customers globally.
Expert Review
2Checkout (now Verifone) stands out as a reliable and secure payment gateway. It offers robust global eCommerce support. Also, Verifone lets merchants accept payments in multiple languages, countries, and currencies. These features make it ideal for international businesses.
Thanks to strong fraud protection instruments and PCI DSS compliance, 2Checkout guarantees high-level security for both merchants and customers. Meanwhile, its integration options deliver flexibility for developers.
While fees may seem slightly higher than some competitors, the value lies in its wide range of features and simplicity of utilization. Generally speaking, 2Checkout is a trusted and feature-rich solution for secure global transactions.
Reviews of Users
- Excellent support and effortless integration with my online store. 2Checkout handles international payments rapidly, which is a huge plus for my global customer base.
- I’ve been using 2Checkout for several months now, and it has exceeded our expectations. The payment processing is conducted in a flash. In addition, the customer service is top-notch. Great experience all around!
- Verifone has made global transactions so easy for my business! Their interface is clear, and I love the wide range of payment options available. Highly reliable and secure.
- Switching to Verifone boosted my sales. Customers trust the secure checkout. Also, I appreciate the detailed analytics. The setup was speedy, and everything just worked without complexities.
Safety
The security of clients is a top priority for 2Checkout. The company does not simply defend merchants and buyers from fraudulent activity. Verifone ensures safety and relieves you of anxiety about scams and theft.
For instance, 2Checkout sticks to a multi-level protection strategy to reveal fraudulent activity and prevent it from having a negative impact on your operations. The company uses a conjunction of artificial intelligence and manual check processes to ensure all fraud-detection mechanisms are optimized. By this, scam is reduced to a minimum.
In addition, the same anti-fraud mechanisms guarantee minimal interference with effective orders. The reason is that needless fraud alerts can badly impact merchants’ authorization and conversion rates and shopper satisfaction.
Account Fees
2Checkout offers a range of pricing plans adapted to different business needs. Every tariff has its own fee structure.
- 2Sell Plan: fee 3.5% + $0.35 per successful sale, rapid integration with any of 120+ carts, the possibility to sell any type of product, availability of recurring billing, and support for 200+ countries and territories.
- 2Subscribe Plan: fee 4.5% + $0.40 per successful sale, involves all 2Sell features, plus smart subscriptionmanagement instruments, renewal and upgrade management, and subscription analytics.
- 2Monetize Plan: tailored pricing, involves all 2Subscribe features, invoice management, assistance for shopping carts customization, global tax and regulatory compliance, instruments to optimize conversion rates, and access to 45+ payment methods.
- 4Enterprise Plan: for businesses that desire to scale up. The tariff has Custom Pricing. There is a need to contact sales for details. Features involve premium onboarding, professional services, access to the affiliate network, special support, and custom integration.
2Checkout Gateway presents a flexible payment processing solution with various plans for diverse business models. Merchants need to consider their specific business needs and transaction volumes when selecting a plan.
2Checkout for Business
Verifone offers complex payment solutions developed for businesses, particularly e-commerce, SaaS, and subscription-based services. Business owners can accept global payments in different currencies, integrate with various platforms, and obtain access to instruments for recurring billing, fraud protection, and analytics. It upholds both physical and digital product sales. 2Checkout provides a secure and scalable solution for growing businesses.
Regarding individuals, Verifone allows effortless online payment processing. It presents a simple interface for personal purchases. Thanks to flexible payment options, businesses and individuals can govern transactions across borders without let or hindrance. This makes Verifone an ideal helper for different business models and personal transactions.
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FAQ
What is 2Checkout and how does it operate?
2Checkout (currently Verifone) is a global payment gateway that lets business owners accept online payments from customers worldwide. It supports various payment methods including credit/debit cards, PayPal, and other options.
Is 2Checkout secure for online transactions?
Yes, Verifone is highly secure and complies with PCI DSS standards. It utilizes advanced encryption and fraud protection instruments to guarantee that customer and merchant data are shielded during transactions.
What types of businesses can use 2Checkout?
2Checkout supports a wide range of industries including SaaS, digital goods, physical products, and subscriptionservices. However, some restricted businesses or high-risk industries may require additional approval or may not be supported.