2Checkout

A leading digital commerce and subscription monetization platform for software and digital goods vendors, acquired by Verifone in 2020.

2Checkout was a Columbus, Ohio-based global payment processing and monetization platform that helped software vendors, SaaS companies, and digital goods merchants sell their products across more than 200 countries and territories. The platform offered a comprehensive suite of commerce tools including payment processing, subscription billing, tax management, and fraud prevention, making it particularly popular among independent software vendors (ISVs) and digital content publishers seeking to monetize globally without building complex payment infrastructure in-house. 2Checkout distinguished itself through its deep focus on digital goods and software monetization, offering features like recurring billing, global tax compliance (including VAT/GST handling), and a merchant of record model that simplified cross-border selling. The platform supported over 45 payment methods and 87 currencies, giving merchants broad international reach. Its acquisition of Avangate in 2017 significantly expanded its capabilities in subscription management and software commerce, and the combined entity rebranded as 2Checkout to reflect its broader monetization focus. In 2020, Verifone acquired 2Checkout for approximately $690 million, integrating its digital commerce and subscription billing capabilities into Verifone's broader payments ecosystem. Following the acquisition, 2Checkout's platform and brand were absorbed into Verifone, which sought to strengthen its digital and eCommerce offerings alongside its traditional point-of-sale hardware and payment services business. The 2Checkout brand has since been retired as a standalone entity under Verifone's umbrella.