Online Payment Systems Directory

2Checkout.com (2CO) is an authorized online reseller for over 40,000 international web sites offering a wide range of shipped products, downloadable products (such as ebooks and software), and online services (such as web hosting and site memberships). 2CO's proprietary e-commerce technology supports back-office functions including financial reporting, tracking, fraud prevention, customer service and sales tracking. 2Checkout was established in 1999 by David A. Homewood and is currently located in Columbus, Ohio.

2CO suppliers are web businesses offering products or services for sale. Each vendor agrees to supply their products to 2CO for immediate resale to any paying customer. Customers shop at the vendor's web site, then proceed to the 2CO order form to complete payment. 2CO integrates well with a variety of shopping cart software packages, including OsCommerce, CS-Cart, CRE Loaded, Cube Cart, Mambo labs, X-cart, and Zen Cart.

2CO accepts payment in numerous currencies, including Australian Dollars, Pounds Sterling, Canadian Dollars, Danish Krone, Euros, Hong Kong Dollars, Japanese Yen, New Zealand Dollars, Norwegian Kroner, Swedish Kroner, Swiss Francs, and US Dollars.

A sales odometer posted on the 2checkout.com web site suggests that 2CO completes approximately $550,000 in sales per day. 2CO's primary competitors are payment processor PayPal, and digital products retailer ClickBank. 2CO vendors are permitted to engage in affiliate marketing, but 2CO does not participate in the process of tracking commissions, or reporting earnings to affiliates.

Various users of this service have pointed out ambiguities concerning, for example, the currency conversion practices of 2Checkout.com. In particular, the currency conversion costs and processes of 2Checkout.com are rarely discussed or delineated during the actual payment process for it.

Approximately a 5% levy of the costs of a payment could be levied in order to make payments with 2Checkout.com that require some currency conversion process/procedure for transaction completion.

2CO receives quoted rates from its currency partner once a day. These rates are based on inter-bank rates (only available to the largest international banks purchasing currencies in quantities of $1million USD or more) and include a calculated value of the costs of hedging, currency conversions and foreign exchange activities needed to guarantee the rates throughout the life cycle of the transaction. These guaranteed rates are used to calculate the USD settlements as well as refunds and exchanges.

Payments can be made in any of the available currencies, but preferably in the currency of the customer’s credit card. When a customer pays in a currency different than the one their credit card was issued in, the currency exchange rate is determined by the credit card company. The final charge is exposed to currency rate fluctuations and conversion fees and is unknown to the customer until it appears on the credit card statement.

On the other hand - when taking advantage of their new multi currency service, the exchange rate is determined on the day of the purchase and is guaranteed until settlement, so customers will know the exact amount that will be charged to their credit card at the time of purchase.

Currently they offer customers the ability to pay in the following currencies:

* Australian Dollar (AUD)
* Canadian Dollar (CAD)
* Swiss Franc (CHF)
* Danish Krone (DKK)
* Euro (EUR)
* British Pound (GBP)
* Hong Kong Dollar (HKD)
* Japanese Yen (JPY)
* Norwegian Krone (NOK)
* New Zealand Dollar (NZD)
* Swedish Krona (SEK)
* U.S. Dollar (USD)

2Checkout competitors include CCNow, Dclickz Affiliate Program, PayPal, Google Checkout

For buyers, Google Checkout is a fast, secure, and convenient way to shop online. Google Checkout makes online shopping easy by providing a single login for purchases across the web.

For merchants, Google Checkout is a new way to process sales. It works with Google AdWords to make it easy for shoppers to find you and buy from you.


Everyone knows about google as a search engine. In the last few years Google has expanded into many other online services, including its advertising system Ad Words, its email system Gmail, its virtual globe system Google Maps & Google Earth. One of the latest and long awaited additions to the Google family is Google Checkout - an online payment merchant transaction service. Google Checkout is currently only offered to US & UK merchants, but knowing the international nature of the Google Empire, we can be pretty sure that eventually Google Checkout will be available everywhere.



With Google Checkout, you can:

* Attract more leads and convert more sales:Shoppers who see the Google Checkout badges on your AdWords ads can easily find you when they search. When shoppers browse your site, Google Checkout's streamlined checkout process helps lower cart abandonment and persuade shoppers to buy.

* Process sales for free: For every $1 you spend on AdWords, you can process $10 in sales for free. You can process any sales that exceed this amount at a low 2% and $0.20 per transaction. (Learn more)

* Fight fraud:

Our fraud prevention tools help stop invalid orders from reaching you. You'll also enjoy chargeback protection.

2CheckOut.com is safe and secure system, and provides a competitive service at a fair price. One of the features that makes 2CheckOut.com so safe may turn off some potential clients: users must maintain a database or list of everyone one of their products for sale on 2CheckOut.com's servers.

Payment Merchants that require users to submit a list of products they have for sale usually legally operate as a kind of reseller of the goods - as such they require a copy of your products / services for sale on their own site. For smaller sites and services, or those than only sell a few items, this type of setup is ideal. However, sites that sell thousands of products whose description, price and or shipping may change or be changed at any time will find keeping a copy of their own database of products up to date with all the frequent changes.