2Checkout (now Verifone)
2Checkout (now Verifone) Reviews
& Product DetailsWhat is 2Checkout (now Verifone)?
2Checkout, which was acquired by Verifone in 2020, is a digital commerce platform designed for businesses selling physical or digital goods and services online. It’s widely known for its global payment options and subscription billing capabilities, which are essential features for businesses involved in international sales and digital goods.
2Checkout offers a comprehensive solution for online payment processing with advanced security measures, seamless integration with various e-commerce systems, and detailed analytics to track sales and payment trends. Verifone’s payment processing solution simplifies complex payment processes, making it easier for businesses to expand globally while ensuring compliance with international payment regulations. Therefore, it’s an ideal solution for companies looking to streamline their online payment systems and enhance their global market reach.
2Checkout’s subscription management tools are robust, and it has a global reach, making it a good choice for businesses focusing on international online sales and those offering digital products and services. However, its higher transaction fees and the focus on digital (card-not-present) transactions might limit its appeal to some businesses, especially those requiring in-person payment solutions.
Best For
- StartUps
- Freelancers
- Small Business
- Medium Business
- Large Enterprise
- Non-profit Organization
- Personal
- Cloud, SaaS, Web-Based
- Mobile - Android
- Mobile - iPhone
- Mobile - iPad
- Desktop - Mac
- Desktop - Windows
- Desktop - Linux
- Desktop - Chromebook
- On-Premise - Windows
- On-Premise - Linux
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Company Name
Verifone
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Located In
United States
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Website
2checkout.com
Starting from:
$0.30 + 3.5% per online payment
Pricing Model: Subscription
- Free Trial
- Free Version
Pricing Details:
2Checkout's pricing starts at 3.5% + $0.35 per online payment under its 2Sell plan, and 4.5% + $0.45 for the 2Subscribe plan. The platform offers free monthly fees and doesn't require hardware as it's a digital-only solution.
- API
- Accounting Integration
- Billing & Invoicing
- Electronic Payments
- Multi-Currency
- Online Payments
- Payment Processing
- ACH Payment Processing
- Compliance Management
- Customizable Branding
- Data Import/Export
- Data Security
- Debit/Credit Card Processing
- Invoice Processing
- Mobile Payments
- Multiple Payment Options
- PCI Compliance
- Partial Payments
- Payment Fraud Prevention
- Payment Processing Services Integration
- Reporting/Analytics
- Search/Filter
- Self Service Portal
- Third Party Integrations
- Transaction History
- Transaction Monitoring
Additional Features
- Alerts/Notifications
- Contact Database
- Customizable Invoices
- Invoice Creation
- Online Invoicing
- SSL Security
- Fraud Detection
- Trial License
- For Small Businesses
- Monitoring
- Product Activation
- Customizable Templates
- Billing Portal
- Hourly Billing
- Dunning Management
- Recurring/Subscription Billing
- Sales Reports
- Tax Calculation
- Reporting & Statistics
- Invoice History
- Quotes/Estimates
- Email Management
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Global Payment Reach
Users consistently praise 2Checkout’s ability to process payments in multiple currencies and countries. It’s widely regarded as a strong solution for businesses with international customers.
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Comprehensive Subscription Management
The 2Monetize and 2Subscribe modules receive high marks for automating recurring billing, handling upgrades/downgrades, and managing dunning workflows with little manual input.
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Strong Checkout Customization
Reviewers appreciate the customizable checkout flows and localization features, which include support for over 30 languages and responsive design for mobile users.
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Built-in Tax and Compliance Tools
Many users value how 2Checkout handles VAT, GST, and sales tax compliance, particularly for EU and global transactions, reducing the burden on accounting teams.
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Robust API and Integration Options
Developers highlight the well-documented API and ease of integration with major platforms like Shopify, WooCommerce, Magento, and various custom setups.
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Fraud Protection Features
Reviewers mention the advanced fraud detection tools and security features like PCI compliance, which enhance buyer trust and reduce chargeback risk.
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Transparent Reporting and Analytics
The analytics dashboard is frequently described as user-friendly and helpful in tracking KPIs like churn, revenue by region, and product performance.
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Support for Multiple Business Models
Works well for both digital goods and physical product sales, making it versatile for different types of businesses.
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Customer Support Responsiveness
One of the most common complaints is slow or unhelpful customer support, especially with urgent issues like account holds or disputes.
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Payout Delays
Some users report delays in receiving funds, particularly when first setting up accounts or after transactions flagged for review.
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Account Freezing Without Warning
A recurring theme involves accounts being suspended or frozen due to unclear risk triggers, sometimes without prior notice
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Complex User Interface
While the dashboard is powerful, new users often find it overwhelming and unintuitive, especially when navigating advanced billing options.
While standard integrations are smooth, users needing advanced workflows feel the documentation could be more comprehensive.
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Fees Perceived as High
Several businesses, particularly smaller ones, mention that transaction and currency conversion fees are higher compared to platforms like Stripe or PayPal.
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Limited Payment Method Variety
Though it supports many global currencies, some users mention limited alternative payment methods, such as regional wallets or crypto.
A few SaaS users cite bugs or errors in recurring billing logic—such as failed charges not retrying automatically.
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Refund Handling Process
Merchants express frustration with the manual steps and time taken to process refunds, especially in high-volume businesses.
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Brand Recognition
The shift to Verifone branding has caused confusion among some customers who still associate the service with the 2Checkout name.
Disclaimer
Here at Tekpon's Global Buzz, we blend AI smarts with a human touch to offer a snapshot of user reviews from the web. While we carefully craft these summaries, please remember they reflect diverse user views and experiences, not Tekpon’s own opinions.
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Tell us your opinion about 2Checkout (now Verifone) and help others.
Yes, 2Checkout (now operating as Verifone) is a secure and reputable online payment platform. It complies with major security standards, including PCI DSS, and offers robust fraud protection measures. The platform supports global transactions, multiple currencies, and various payment methods, making it suitable for businesses aiming to reach an international audience.
However, some users have reported challenges, such as delayed fund disbursements and customer support responsiveness. While many businesses have successfully used 2Checkout for years, it’s advisable to assess your specific needs and consider these factors when choosing a payment processor.
In summary, 2Checkout is a viable option for secure online payments, especially for businesses targeting a global market. Nonetheless, it’s important to weigh its features against potential drawbacks to determine if it aligns with your business requirements.
2Checkout helps businesses sell products and services online by handling the entire payment process. It allows you to accept payments from customers in over 200 countries, using various methods like credit cards, PayPal, and local payment options.
Here’s what 2Checkout can do:
- Process Payments: Accept one-time or recurring payments in multiple currencies.
- Manage Subscriptions: Handle billing cycles, free trials, and upgrades with automated tools.
- Prevent Fraud: Protect transactions with built-in fraud detection and security measures.
- Handle Taxes and Compliance: Automatically calculate taxes and stay compliant with global regulations like GDPR and PCI DSS.
- Support Global Sales: Localize the checkout experience with translated pages and region-specific payment options.
In short, 2Checkout simplifies international eCommerce by giving you everything you need to sell, bill, and get paid—securely and efficiently.
Yes, 2Checkout is worth it for businesses that want to sell online globally and need an all-in-one payment solution. It offers tools to accept payments in multiple currencies, manage subscriptions, handle taxes, and stay compliant with international laws—all without needing separate systems.
It’s especially valuable for companies selling digital products, SaaS, AI or subscriptions, thanks to its strong support for recurring billing and localized checkout experiences. While some users mention slower payouts or customer support delays, many find the platform reliable and flexible for growing internationally.
If you’re looking to simplify your payment setup and expand to global markets, 2Checkout can be a smart investment.
2Checkout works by helping businesses accept online payments from customers around the world. When a customer makes a purchase on your website, 2Checkout securely processes the payment, supports multiple payment methods (like credit cards, PayPal, and local options), and handles currency conversions if needed.
It acts as both a payment gateway and a merchant account, which means it takes care of collecting payments, managing taxes, reducing fraud, and even handling subscription billing if you’re selling digital products or services. Once payments are processed, the funds are transferred to your business account on a regular schedule.
Overall, 2Checkout simplifies international eCommerce by managing the technical and regulatory parts of online transactions, so you can focus on growing your business.
The main difference between PayPal and 2Checkout lies in how they handle payments and what they offer for businesses.
PayPal is widely known for its simple peer-to-peer and online checkout system. It’s great for sending and receiving money quickly and is commonly used by freelancers, small businesses, and online shoppers. Customers are often redirected to the PayPal site to complete the payment.
2Checkout (now Verifone) is more focused on helping businesses sell products or subscriptions globally. It acts as both a payment gateway and a merchant account, offering tools for handling multiple currencies, taxes, compliance, fraud protection, and subscription billing—all built into one platform. Payments stay on your site, offering a more seamless checkout experience.
In short, PayPal is user-friendly and ideal for simpler transactions, while 2Checkout is better suited for businesses needing a full-featured global eCommerce solution.
