2Checkout

2Checkout is an online payments and subscription billing platform aimed at companies that sell software, SaaS and other digital products across borders. Verifone, the terminal maker, bought it in September 2020. Verifone still lists 2Checkout as a separate product with its own website and developer portal, although parts of the documentation now call it "2Checkout (now Verifone)". Verifone's in-store and acquiring business has its own listing.

Merchants pick one of three account types. 2Sell covers one-off online sales, 2Subscribe adds recurring billing, and under 2Monetize 2Checkout acts as a reseller of the merchant's products and every online payment method is available. Checkout options include the hosted ConvertPlus cart, an inline checkout, payment links, the 2Pay.js library and a REST API, plus connectors for WooCommerce, Magento 2, PrestaShop, OpenCart, WHMCS and Shopify.

The method list is long. Cards include Visa, Mastercard, Maestro, American Express, Discover, JCB and UnionPay, plus local cards such as Dankort, Cartes Bancaires, Bancontact, Elo, Hipercard and RuPay, with instalments in Brazil and Turkey. Wallets cover PayPal, Apple Pay, Google Pay, Alipay, WeChat Pay, MobilePay, Vipps, Skrill and Neteller. On the bank side there are iDEAL, Trustly, SEPA and UK direct debit, ACH, wire transfer, Boleto and Pix. The currency table lists 96 billing currencies, and many methods are limited to one country or currency.

Payouts go out weekly on 2Sell and 2Subscribe and monthly on 2Monetize, in US dollars, sterling or euros, by wire, PayPal or a Payoneer prepaid card. A rolling 90-day reserve, sized to the merchant's risk profile, is held back from sales. The platform suits software and digital-goods companies that want localised checkout and billing without separate contracts in each market, provided slower payouts and a reserve are acceptable.