Global Payment Platform
Everything you need to know about 2Checkout (now part of Verifone) - the all-in-one payment platform designed for global businesses, digital goods, and subscription services.
What is 2Checkout (Now Verifone)?
2Checkout (now officially known as Verifone after its acquisition) is a comprehensive global payment platform that enables businesses to accept online payments from customers around the world. Founded in 2006 and acquired by Verifone in 2020, the platform specializes in helping businesses sell digital products, physical goods, and services across international markets with localized payment experiences.
Unlike many payment processors that focus primarily on domestic transactions, 2Checkout/Verifone is specifically designed for global commerce, offering built-in features for tax calculation, currency conversion, and localization that make international expansion simpler for businesses of all sizes.
How 2Checkout/Verifone Works
2Checkout/Verifone operates as an all-in-one payment platform that handles the entire payment flow from transaction processing to global funds settlement. The platform manages payment acceptance, fraud prevention, tax calculation, and multi-currency settlement through a single integration.
Setting Up a 2Checkout/Verifone Account
Getting started with 2Checkout/Verifone involves:
- Applying for a merchant account on the 2Checkout/Verifone website
- Providing business information and documentation for verification
- Selecting your preferred pricing plan and features
- Configuring your payment pages and checkout experience
- Integrating with your website or application using APIs or pre-built plugins
- Testing your implementation in sandbox mode
- Going live and starting to accept global payments
Key 2Checkout/Verifone Statistics
- Accepts payments from customers in over 200 countries
- Supports 100+ currencies and 45+ localized languages
- Offers 150+ payment methods including popular local options
- Processes billions of dollars in transactions annually
- Serves over 50,000 merchants worldwide
- Provides access to over 3 billion potential customers globally
2Checkout/Verifone's Core Products and Features
2Checkout/Verifone offers a comprehensive suite of global commerce solutions:
Global Payments
Accept payments from customers worldwide through credit cards, digital wallets, and local payment methods.
Subscriptions & Recurring Billing
Comprehensive tools for managing subscription businesses with flexible billing models.
Digital Commerce
Specialized solutions for selling digital products, software, and online services.
Global Tax & Compliance
Automated tax calculation, reporting, and compliance for international sales.
Fraud Prevention
Advanced fraud detection and prevention tools to minimize chargebacks and losses.
Localized Experiences
Checkout pages translated and localized for different markets and languages.
Reporting & Analytics
Comprehensive reporting tools for tracking sales, conversions, and customer behavior.
Partner & Affiliate Management
Tools for managing affiliate programs and partner relationships.
Payment Methods Supported by 2Checkout/Verifone
2Checkout/Verifone supports an extensive range of global payment methods:
Credit & Debit Cards
All major card networks including Visa, Mastercard, American Express, Discover, JCB, and UnionPay.
Digital Wallets
PayPal, Apple Pay, Google Pay, Alipay, and other popular digital wallets.
Bank Transfers
Direct bank transfers and real-time banking options popular in various regions.
Local Payment Methods
Country-specific payment options like iDEAL (Netherlands), Giropay (Germany), Boleto (Brazil), and many others.
Alternative Payments
Various buy-now-pay-later options, direct debits, and other alternative payment solutions.
2Checkout/Verifone Fees and Pricing
2Checkout/Verifone offers different pricing tiers based on business needs:
Standard Pricing Plans
| Plan | Setup Fee | Monthly Fee | Transaction Fee | Best For |
|---|---|---|---|---|
| 2Sell | $0 | $0 | 3.5% + $0.35 | Small businesses and startups |
| 2Subscribe | $0 | $0 | 4.5% + $0.45 | Subscription-based businesses |
| 2Monetize | $0 | $0 | 6.0% + $0.60 | Digital products and SaaS businesses |
| Enterprise | Custom | Custom | Custom | High-volume businesses |
Additional Services Fees
| Service | Fee |
|---|---|
| Chargebacks | $25 per occurrence |
| Currency conversion | 1-2% above interbank rate |
| International cards | Additional 1% fee |
| Payout fees | Varies by country and method |
| Advanced fraud protection | Additional monthly fee |
Pro Tip
If you process more than $50,000 per month, contact 2Checkout/Verifone's sales team to negotiate custom pricing. Enterprise plans often offer significantly lower transaction fees, dedicated support, and additional features that can save high-volume businesses thousands of dollars annually.
Industries Served by 2Checkout/Verifone
2Checkout/Verifone specializes in several key industries:
SaaS & Software Companies
Businesses selling software-as-a-service, desktop software, and mobile applications with one-time or recurring pricing.
Digital Content & Services
Online courses, eBooks, streaming services, and other digital products with global distribution.
E-Learning & Education
Educational platforms, online course marketplaces, and training providers with international students.
Gaming & Entertainment
Game developers, gaming platforms, and entertainment services with global user bases.
Professional Services
Consulting, freelancing platforms, and B2B services with international clients.
Countries Where 2Checkout/Verifone Is Available
2Checkout/Verifone has extensive global coverage with some limitations:
Supported Countries
2Checkout/Verifone supports merchants from over 100 countries including the United States, Canada, United Kingdom, European Union countries, Australia, India, Brazil, and many others across Asia, Africa, and Latin America.
Buyer Countries
The platform can accept payments from customers in over 200 countries and territories worldwide, with localized payment methods for each market.
Important Consideration
While 2Checkout/Verifone operates globally, specific features, payment methods, and currency options may vary by merchant location. Some high-risk countries may have restrictions or additional requirements. Always check 2Checkout/Verifone's official website for the most current information about services in your country.
Integration Options with 2Checkout/Verifone
2Checkout/Verifone offers multiple integration methods:
API Integration
Comprehensive REST API for custom integration with websites and applications.
Hosted Checkout
Pre-built payment pages that redirect customers to 2Checkout/Verifone for payment processing.
Shopping Cart Plugins
Pre-built modules for popular e-commerce platforms like WooCommerce, Magento, Shopify, and others.
Inline Checkout
JavaScript-based integration that allows payments to be processed without leaving your website.
Security and Compliance Features
2Checkout/Verifone employs robust security measures:
PCI Compliance
Level 1 PCI DSS certified - the highest level of payment security certification
Advanced Fraud Protection
Multi-layered fraud screening with customizable rules and machine learning
Data Encryption
End-to-end encryption and tokenization for sensitive payment data
Regulatory Compliance
Compliance with global regulations including GDPR, PSD2, and regional financial regulations
2Checkout/Verifone vs. Other Payment Platforms
2Checkout/Verifone compares favorably to other global payment solutions:
| Feature | 2Checkout/Verifone | PayPal | Stripe |
|---|---|---|---|
| Global Reach | 200+ countries | 200+ countries | 40+ countries |
| Payment Methods | 150+ options | 100+ options | 135+ options |
| Digital Goods Specialization | Excellent | Good | Good |
| Tax Handling | Built-in global tax services | Limited | Basic |
| Pricing Transparency | Good | Excellent | Excellent |
| Ease of Integration | Good | Excellent | Excellent |
Future of 2Checkout/Verifone
As part of Verifone, 2Checkout continues to evolve with new features:
- Expansion of local payment method support
- Enhanced tax and compliance automation
- Improved analytics and reporting capabilities
- Better integration with Verifone's physical payment solutions
- Advanced fraud prevention with AI and machine learning
- Expanded capabilities for marketplace platforms
Final Recommendation
2Checkout/Verifone is an excellent choice for businesses that sell digital products, SaaS, or subscription services to global customers. Its specialized features for international commerce, extensive payment method support, and built-in tax handling make it particularly valuable for companies expanding into new markets. While its fees may be slightly higher than some competitors, the specialized functionality and global capabilities often justify the cost for businesses focused on international growth.
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