2checkout merchant account review
Hello,Our today review will be the 2CO(2checkout.com) merchant accounts.
As you all know, 2co offer merchant accounts to people and companies so they can accept credit cards online,via their websites.
2Checkout will help you to accept all the types of credit cards(not as paypal) as well as payments from paypal accounts too.
Signup is easy but your website must be a professional one, with a nice, clean privacy policy as well as an easy find TOS to your homepage.
2CO will not accept you if your offered services are not covered by a full(100%) money back guaranteed.
Payments from your customers will be on the 128bit ssl secure 2co website which you can configured it as per your needs(change logo,colors,currency,etc)
Finally, 2checkout will pay you EVERY Thursday according to your needs(bank transfers,payoneer account*) if you meet your own-specific minimum payment amount.
PROS:
Easy payments to merchants from 2co
All type of credit cards accepted
Easy & secure payments for your customers
Very good support with online chat
Good admin interface – Analytic reports.
No monthly fees
CONS:
Many strictly rules(TOS,refund policy,etc)
Medium to high fees
49$ setup fee
I’ll personally suggest you to signup with 2CO if you will ever need a good merchant account, to accept online credit cards, easy and safe!
*You can signup with payoneer.com which is partner with 2co too. Then, you will receive a credit card which you can load your 2co payments, automatically into this credit card! This will be a mastercard and is acceptable worldwide!
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One Response to “2checkout merchant account review”
By Vic on Dec 17, 2008 | Reply
al3xis, Thanks so much for the nice review of 2Checkout and our services. To clarify, 2CO is by definition an authorized online reseller and accepts a number of payment options including Visa, MasterCard, Amex, Discover, Diner’s Club, and JCB, as well as PayPal, but is not a provider of merchant accounts. Because we don’t offer merchant accounts, we are the merchant of record on every sale that passes through our system, therefore, the $49 one-time sign up fee and 5.5% per transaction helps us cover 24-customer service, risk, PCI compliance storage requirements, and world-class fraud scrubbing, so business owners utilizing our service can focus their energy on marketing their products. Thanks again for recognizing our service.