Serious Payment Processor with Out of the Box Subscription Management
March 23, 2022

Serious Payment Processor with Out of the Box Subscription Management

Rohit Langde | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with 2Checkout Monetization Platform, from Verifone

We use 2Checkout Monetization Platform for processing payment of our SaaS subscription. It solved the major problem of accepting cross-border payments by offering multiple payment options to customers. Not just accepting payments but their platform also has support for electronic license code delivery. Affiliates Management is also a part of it but this review is majorly focused on payment gateway.

We were initially limited to offering PayPal as a payment option but we faced transactional errors from multiple regions. 2Checkout Monetization Platform offers localized payment options, some of them could be expensive for the vendor but we appreciate the feasibility offered.

Pros

  • Multiple Localised Payment Options.
  • Electronic Code Delivery.
  • Global Acceptance.

Cons

  • Difficult to Comprehend Reporting Options.
  • Feasibility to export Customer Data.
  • Subscription and Refund Management.
  • Customizing Cart with URL parameters.
  • Automated Cart Abandoned recovery.
  • Better Customer Support which was non-existent earlier with PayPal.
  • Auto-Renewal feature ensures recurring Income.
  • Timely Payouts.

Do you think 2Checkout from Verifone delivers good value for the price?

Not sure

Are you happy with 2Checkout from Verifone's feature set?

Yes

Did 2Checkout from Verifone live up to sales and marketing promises?

Yes

Did implementation of 2Checkout from Verifone go as expected?

Yes

Would you buy 2Checkout from Verifone again?

Yes

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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