2Checkout is one of the simplest solutions to merchants to start selling their products on the web. Established in 1999, the site averages a total of 8 million views per month. 2CO provides turnkey e-commerce solutions to business customers across the world. It supports the complex back office functions of an e-commerce transaction. This includes financial reporting, tracking, fraud prevention, affiliate tracking, customer service and sales tracking. Now let us see why 2CO is preferred by so many merchants across the globe. It has a simple and easy to use plug-n- play code which makes it fast to start using it. 2CO has a simple commission fee structure which is attractive for merchants, works with existing shopping carts, supports recurring billing and has robust shipping options.

The costs associated with doing business on 2CO are low, $49 being a one time signup fee that is charged. Merchants get a free shopping cart, free code for the merchant’s web site and free online tech support. There is no fee that is charged for ACH deposits to U.S. or participating Canadian bank accounts and merchants have the option of a wire transfers to non US banks for a low fee. Along with a 30 day money back guarantee there are other features such as no application fee, no monthly fee, no statement fee, no leases and no SSL certificates to buy for the merchant. A small transaction fee of $0.45 is charged per sale making it one of the most attractive payment processors to do business with.

If you’re an online business who uses Paypal as their third party payment processor, there is a danger lurking which could cost you dearly. Know as instant bank transfer, this option lets buyers withdraw money direct from their bank account, to pay for goods or services they have bought.
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