2Checkout (now Verifone)

November 15, 2023

Robust Payment Processor for International Payments, Subscriptions, and More

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Integrations

Shopify
PayPal
3D Cart
BigCommerce
Magento
WooCommerce
NetSuite
Adobe Analytics
Salesforce
Workato
Prestashop

Features

Advanced Pricing Configuration
Dynamic Product Creation
Create Upsells / Cross-sells
Cart Analytics
Flexible API
Revenue Recovery
Affiliate Network

2Sell

3.5% + $0.35 per successful sale
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Sell instantly in 200 countries/territories
Integrate quickly with any of 120+ carts
Scale up for international growth
Sell any type of product
Access to recurring billing

2Subscribe

4.5% + $0.45 per successful sale
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Everything in Previous Plan
Smart subscription management tools
Manage renewals and upgrades
Cover entire subscription lifecycle
Insights through subscription analytics

2Monetize

6.0% + $0.60 per successful sale
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Everything in Previous Plan
Global tax & regulatory compliance
Invoice management
Reduce backend internal work
Access to 45+ payment methods
Help for shopping carts customization

All about

What is 2Checkout (now Verifone)?

2Checkout (recently acquired by Verifone) is a highly integrated payment processor with subscription billing, handling international transactions, tax compliance, and multi-currency support, cart recovery and unfinished payment tools, refund and chargeback handling, reporting and analytics, product and price management, and the list goes on.

Basically you’re getting a full-fledged payment and financial platform for handling a multitude of transactions.

They offer 45 different payment methods including PayPal Express, Visa, Mastercard, American Express, etc. They offer checkout in 30+ different languages and 100+ currencies.

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

  • List

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

What makes 2Checkout (now Verifone) different than competitors?

2Checkout (now Verifone) is seriously one of the most robust platforms in the payment processing space. Having now been acquired by Verifone, they are integrating with one of the largest Point of Sales (POS) financial platforms in the world. I mean, if you’ve checked out at the local supermarket recently, you probably used a Verifone credit card reader...

They also have a dedicated team for larger merchants to provide split testing and conversion rate optimization services on top of their platform.

Merchants are often switching to 2Checkout when they want subscriptions and payment processing and billing all under one platform. Or when they are focused on expanding internationally.

What metrics is 2Checkout (now Verifone) going to improve for my Ecommerce store?

2Checkout is increasing your sales and revenue through their subscription functionality, through better handling of international transactions, and through their conversion rate optimization services that they layer on top of their tool for larger merchants.

Who has to manage 2Checkout (now Verifone) and how long does it take to setup?

Typically your head of Ecommerce would handle this, but it may also be your head of finance, or you as the CEO or founder.

Setup can take from a few minutes to a few days, depending on the complexity of your business. The quick setup is to simply install the app, plug in your API Key, select and set up the payment providers that you want to offer, and go live.  For a more advanced setup, you may be creating digital products, dynamic products, subscription products, or setting prices by the 100+ different currencies you will be selling in. Obviously if you have to do all that for dozens or hundreds of SKUs, it could take some time.

On top of that, you could spend additional time developing a custom customer dashboard for them to manage their subscriptions and reduce customer service inquiries and churn. Or you could just use their out of the box management tool and go live instantly, and worry about optimizing later.

Again, it’s really up to you. Larger businesses will probably take a week or two to get things setup, smaller businesses could be done in a few minutes.

Is 2Checkout (now Verifone) right for my store?

2Checkout is strongest for small and medium enterprise merchants, but they can work for any merchant under the right criteria, and even be used for say influencers who want to sell a course or digital product straight from their social media. 

2Checkout is great for merchants selling internationally. Great for subscription brands. Great for merchants that are selling digital products.

2Checkout is even better for merchants with very high average order value such as jewelers, mattress companies, or really anyone selling products over say $1500. The reason for this is because you can checkout with a wire transfer and significantly lower transaction fees.

If you’re only selling in the USA, 2Checkout may not be for you. If you are low volume and low average order value, you may not need to worry about 2Checkout right now, if you have a payment provider setup already.

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2Checkout (now Verifone)

We helped 10,000+ customers help grow.