Overview
2Checkout is a global payment platform specializing in e-commerce and subscription billing solutions. Founded in 2006, the company has established its headquarters in Burlington, Massachusetts, USA. Serving merchants worldwide, 2Checkout enables businesses to accept online payments from multiple countries with a wide variety of payment methods.
2Checkout provides a mobile-friendly experience, ensuring seamless payment processing across devices, though it does not currently offer a standalone mobile app. Its platform is optimized for mobile web browsers, supporting secure transactions on smartphones and tablets.
The platform attracts significant online traffic, with monthly visits estimated to range between 500,000 and 800,000. The top 5 markets contributing to this traffic include the United States, India, United Kingdom, Canada, and Australiaβreflecting its strong presence in North America and English-speaking countries.
Key Features of 2Checkout
- Global Payment Processing: Supports over 87 different payment methods across more than 200 countries and territories.
- Multi-Currency Billing: Enables businesses to charge customers in their local currency with dynamic currency conversion.
- Subscription Management: Provides tools for recurring billing, automated invoicing, and customer lifecycle management.
- Fraud Protection: Incorporates advanced fraud detection and prevention capabilities to safeguard transactions.
- Developer-Friendly API: Offers robust and flexible APIs and SDKs for seamless integration with websites, marketplaces, and mobile applications.
- Express Checkout: Simplifies the user experience with fast, one-click payment checkout processes.
- Seller and Affiliate Management: Enables marketplace sellers to manage multiple vendors and affiliates efficiently.
Benefits of Using 2Checkout
- Expand Global Reach: Businesses can sell internationally without worrying about local payment infrastructure, enabling access to new markets with localized payment solutions.
- Increase Conversion Rates: By providing multiple payment options and supporting local currencies, 2Checkout helps reduce friction at checkout and improves sales conversion.
- Reduce Operational Complexity: 2Checkout handles VAT, tax compliance, and billing, saving merchants time and resources.
- Secure Transactions: Its PCI DSS compliance and built-in fraud prevention tools ensure secure payment processing for both merchants and customers.
- Flexible Integration: Suitable for a wide range of business models, including SaaS, digital goods, physical products, and marketplaces, with easy setup and customization.
Applications of 2Checkout
- E-commerce Stores: Online retailers benefit from global payment acceptance and multi-currency support, enabling seamless shopping experiences.
- Software and SaaS Providers: Subscription billing, metered billing, and automated invoicing tools facilitate recurring revenue management.
- Marketplaces and Platforms: Enables multi-vendor payments and commission management for marketplace operators.
- Content Creators and Digital Goods Sellers: Perfect for selling downloads, memberships, and digital subscriptions worldwide.
- Mobile Apps and In-App Purchases: Integration capabilities allow app developers to monetize their apps through secure transactions.