A Comprehensive Guide to Buying with 2Checkout

Your Guide to buying the best 2Checkout

Overview

2Checkout is an online payment processing service that provides merchants with a secure and convenient way to accept payments from customers. This buying guide will provide merchants with an overview of what to expect when using 2Checkout as their payment processing service. It will cover topics such as setting up an account, understanding fees and security, and additional features that 2Checkout offers. It will also guide merchants through the process of integrating 2Checkout into their existing checkout system. By the end of this guide, merchants should be equipped with all the knowledge and information they need to make an informed decision about their payment processing needs.

Key features

  1. Security: 2Checkout offers enhanced security with PCI-DSS compliance, fraud prevention, and a secure payment gateway.
  2. Accepted Payment Types: 2Checkout allows customers to pay with traditional payment methods such as credit cards and PayPal, as well as digital wallets like Apple Pay, Klarna, and Alipay.
  3. Flexible Payment Architecture: 2Checkout offers an easily configurable payment architecture that can be tailored to fit the specific needs of the merchant.
  4. Simplified Checkout: 2Checkout streamlines the checkout process, making it easy for customers to complete transactions quickly and efficiently.
  5. Global Coverage: 2Checkout offers coverage in over 200 countries and regions, allowing merchants to reach customers around the world.
  6. Integrations: 2Checkout offers support for popular ecommerce platforms such as Shopify, Magento, BigCommerce, and WooCommerce.
  7. Real-time Reporting: 2Checkout provides real-time data and analytics to help merchants better understand customer behavior, track sales, and optimize marketing campaigns.
  8. Customer Support: 2Checkout provides 24/7 customer support and access to a knowledgeable team of experts who can help merchants get the most out of their 2Checkout account.

See the most popular 2Checkout on Amazon

Important considerations

Pros

  • Secure Payment Processing - 2Checkout offers secure payment processing solutions which ensures that sensitive customer information is protected and secure.
  • Global Reach -2Checkout has global reach, allowing businesses to process payments from customers located in over 196 countries around the world.
  • Flexible Payment Options - 2Checkout supports a wide range of payment options, including major credit cards, PayPal, Apple Pay, and more.
  • In-depth Analytics - 2Checkout provides detailed analytics which can be used to track and monitor customer behavior to help businesses better understand their customers.
  • Fraud Prevention - 2Checkout utilizes a wide range of fraud prevention measures to help protect businesses from fraudulent transactions.
  • Customer Service - 2Checkout offers 24/7 customer support to help businesses with any issues they may have with their account.

Cons

  • Price - 2Checkout's pricing plans can be expensive for some users, especially if you have a large number of transactions.
  • Limited Payment Options - 2Checkout only supports a handful of payment methods, such as credit cards, PayPal, and Apple Pay, so not all customers may be able to use it.
  • Customer Support - 2Checkout's customer support can be slow to respond and isn't available 24/7.
  • Complex Integration - 2Checkout is a complex platform and can be hard to integrate into existing websites.
  • Restrictions - 2Checkout has certain restrictions on the types of products and services that can be sold through it.

Best alternatives

  1. PayPal - an online payment processing system that requires a merchant account and has various fees associated with it.
  2. Stripe - an online payment processing system that offers a flat fee structure.
  3. Authorize.net - a payment processing platform that accepts major credit cards and is PCI compliant.
  4. Square - a mobile payment processing system that accepts major credit cards.
  5. Braintree - a payment processing platform that connects to various payment gateways and offers fraud protection.
  6. Amazon Pay - an online payment processing platform that is integrated with Amazon's existing ecommerce platform.

Related tools, supplies, and accessories

  • Merchant Account A bank account or merchant processor that allows you to accept payments from customers through 2Checkout.
  • Payment Gateway A software solution that securely stores customer payment details and securely transmits them to the merchant.
  • API Integration Allows merchants to integrate their website with 2Checkout's payment gateway.
  • Shopping Cart Software Software that enables an e-commerce business to create a digital storefront on their website.
  • Security Certificates Required certificates that ensure payment information is transmitted securely between the merchant and customer.
  • Fraud Protection Services Services that protect merchants against fraudulent orders.
  • Customer Support A team of professionals available to assist merchants with any questions they may have.
  • Reporting Tools A suite of reporting tools that provide merchants with detailed insights into their e-commerce performance.

Common questions

  1. What is 2Checkout?
    2Checkout is an online payment processing platform that provides merchants with a secure and reliable way to accept credit card and PayPal payments from customers. It also offers a variety of features to help merchants manage their payments, such as fraud prevention, real-time reporting, data export and more.
  2. How secure is 2Checkout?
    2Checkout utilizes advanced encryption technology and fraud prevention tools to protect the data of both merchants and customers. All transactions are processed on 2Checkout's secure server, and all payment information is stored securely in 2Checkout's PCI compliant vault.
  3. What payment methods are accepted through 2Checkout?
    2Checkout supports payments through credit cards, PayPal, Apple Pay, and Google Pay. Additionally, merchants have the option to accept payments through various local payment methods such as Boleto Bancario, e-wallets, online banking, and more.
  4. What fees does 2Checkout charge?
    2Checkout charges a transaction fee of 2.9% + $0.30 per transaction, as well as additional fees for currency conversion, refunds, and other services.
  5. Does 2Checkout support recurring payments?
    Yes, 2Checkout offers a recurring billing feature that allows merchants to automatically collect payments from customers on a regular basis.
  6. Do I need a website to use 2Checkout?
    No, 2Checkout offers a hosted checkout page that merchants can use to accept payments without a website. Merchants can also embed the hosted checkout page on their own website.
  7. Does 2Checkout offer customer support?
    Yes, 2Checkout provides 24/7 customer support via email and phone. Additionally, there is a detailed knowledge base available on its website with more information and helpful articles.

Trivia

In 2019, 2Checkout was profiled in the Guinness World Records for completing the largest number of online payments in a single day. On Cyber Monday 2019, 2Checkout processed over a quarter of a million payments in a single day - breaking the previous record of 159,000. Source

Disclaimer: This buying guide was not created by humans, and it is possible that some of it's content is inaccurate or incomplete. We do not guarantee or take any liability for the accuracy of this buying guide. Additionally, the images on this page were generated by AI and may not accurately represent the product that is being discussed. We have tried to convey useful information, but it is our subjective opinion and should not be taken as complete or factual.