Rainex vs. 2Checkout from Verifone

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Rainex
Score 10.0 out of 10
Small Businesses (1-50 employees)
Rainex is a 30 min-to-set-up billing and subscription management platform Rainex consolidates subscription management, billing, and customer operations, handling everything from single payments to credit notes and discounts. It offers a unified platform to manage all processes, even without direct payment through acquiring. Free plan allows to get full access to Rainex functionality for free for the first 100 free transactions.…N/A
2Checkout from Verifone
Score 8.6 out of 10
N/A
The 2Checkout Monetization Platform, now from Verifone (acquired September 2020) is designed to address the complexity of online commerce, subscription billing, and global payments for software, SaaS and online services companies. The vendor says that their solution is backed by: a proven cloud platform, unmatched expertise and a depth of digital commerce services. The vendor’s value proposition is that their solution simplifies the complexities that online merchants face when expanding and…N/A
Pricing
Rainex2Checkout from Verifone
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Rainex2Checkout from Verifone
Free Trial
NoNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsRainex provides following features in Standard plan: Subscription management One-time payments Addons and charges Credit Notes issuing Multilingual and variable auto-notifications, event notifications Auto-payment with renewable debit Auto-dunning. Auto-renew subscriptions Multi-language Multiple Payment Gateways LTD plan price and subscription Branded Customer Portal Portal widgets Single Sign-on Automatic Tax detection and calculation Real-time analytics Dedicated support2SELL - 3.5% + 0.30 EUR per successful sale 2SUBSCRIBE - 4.5% + 0.40 EUR per successful sale 2MONETIZE - 6.0% + 0.50 EUR per successful sale
More Pricing Information
Community Pulse
Rainex2Checkout from Verifone
Considered Both Products
Rainex
2Checkout from Verifone
Chose 2Checkout from Verifone
There's no comparison. Using PayPal as my payment processor was a nightmare. PayPal was really designed for the purchaser not for the seller. Yes, they were cheap but you get what you pay for. Customer service at PayPal was also non-existent. 2Checkout on the other hand …
Chose 2Checkout from Verifone
I used to sell my software on Avangate and PayPal at the same time. Costs were very similar but I decided to abandon PayPal because it sometimes required human interventions. I also checked DigitalRiver, but it wasn't easy to setup and I never completed all requirements.
Chose 2Checkout from Verifone
Avangate Digital Commerce is more flexible, can be adjusted for your business needs.
Chose 2Checkout from Verifone
Avangate digital commerce is the only available leading payment gateway service provider for Sri Lankans. That is the main reason to choose Avangate for my web store. It's easy and cost-effective and easy to use as a payment gateway service provider overall. Pricing, customer …
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User Ratings
Rainex2Checkout from Verifone
Likelihood to Recommend
10.0
(0 ratings)
8.2
(0 ratings)
Usability
-
(0 ratings)
1.0
(0 ratings)
User Testimonials
Rainex2Checkout from Verifone
Likelihood to Recommend
Rainex is an easy-to-use platform. Guys have a great build clients support service. A very useful feature for us is a customer portal, that helps our clients to manage services without any integration!
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2Checkout Monetization Platform is well suited for emerging SaaS businesses because along with payment processing, they offer you exposure to Affiliates and make electronic code delivery easy. The dashboard is cumbersome and reporting graphs/options are not easy to comprehend so it might become trouble when the business grows and you want to show it to venture capitalists or any investor/buyer.
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Pros
  • Subscriptions management
  • clients notification
  • customer support
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  • 2Checkout handles credit cards that I would not be able to accept from my country.
  • Fraud prevention works. They saved me a couple of times and I appreciate that.
  • I always received my payments on time. I never had to complain.
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Cons
  • hard onboarding
  • lack of testing environment
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  • Local payments methods are an area for improvement. Not all are connected so far.
  • Bulk updates for catalogs are missing at the moment, to be added in upcoming releases I hope.
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Usability
No answers on this topic
It is surreal. Everything feels like they don't really want you to use them. I had to beg them to approve my account because of stupid approval questions. Example: give ONE url where payments will come from. (my payments will come from a page inside my webapp which means absolutely nothing to users who don't have a user in my webapp. I also have many URLs where the users can pay from) Then their API is super complicated to use. I couldn't believe how complicated it is. It is not well explained in the documentation and you have to guess until you understand the underlying logic. I wouldn't use it if I Stripe was available in my country.
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Alternatives Considered
Rainex is much friendlier and cheaper than its competitors.
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There's no comparison. Using PayPal as my payment processor was a nightmare. PayPal was really designed for the purchaser not for the seller. Yes, they were cheap but you get what you pay for. Customer service at PayPal was also non-existent. 2Checkout on the other hand is designed for the seller. Their system is mature and feature-filled. It does everything I would need and allows me to present a professional purchasing experience to my clients. The documentation is good, but the best thing about 2Checkout is that I can contact a friendly tech support rep 24/7 via live online chat. I tell them what I'm trying to do and they help me out. If necessary they can escalate the support request and I always receive a chat transcript in my inbox afterward.
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Return on Investment
  • We have cut the monthly time spent on invoicing from 6 days to 1-2 hours per month
  • We have cut the monthly time spent on clients support (up sales and plans changing) to 15-20 hours
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  • It allows for charging users
  • Checkout is nice and to the point
  • It delays everything with a lengthy approval process and crazy API to integrate with
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ScreenShots

Rainex Screenshots

Screenshot of Invoice brandingScreenshot of Email brandingScreenshot of Customer Portal brandingScreenshot of Dunning managementScreenshot of AnalyticsScreenshot of Event notifications