Recurly vs. 2Checkout from Verifone

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Recurly
Score 8.7 out of 10
Enterprise companies (1,001+ employees)
Recurly is a subscription billing platform and manages customer communications via email, business performance monitoring, and account changes. A merchant bank account is required to work with Recurly. A payment gateway is part of the product but it integrates with other gateways, such as PayPal, to give shoppers a more comprehensive suite of payment options.
$249
per month
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
Recurly2Checkout from Verifone
Editions & Modules
Starter
$249
per month
Professional
Get a custom quote
per month
Elite
Get a custom quote
per month
No answers on this topic
Offerings
Pricing Offerings
Recurly2Checkout from Verifone
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalNo setup fee
Additional DetailsFor startups and SMBs looking to launch today and grow their subscription business fast, the Starter plan (formerly Core) is available with no monthly platform fee plus no payment volume fee for first $40,000 USD per month in first 3 months for new customers only.2SELL - 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
Recurly2Checkout from Verifone
Considered Both Products
Recurly
Chose Recurly
It's more of a SaaS oriented solution than just payment processing and billing software. The advanced analytics is a huge advantage over the competition.
Chose Recurly
I haven't used any other products like Recurly.
Chose Recurly
We did try to custom build a recurring option in these tools that we've tried, but Recurly offers a different level of support on our ever growing customers who either fit into our normal subscription business/billing model and those who do not. It allows us to see what's going …
Chose Recurly
Fewer codings are needed, however, the simplicity with Recurly is found once all the information needed is there. I have seen where Recurly is integrated with any other product we use; however, Salesforce does have the ability to be integrated with other products. This is …
Chose Recurly
Ease of use but also its what was here when I got here. I think they are the easiest quickest choice in our market but I honestly do not have a lot of experience with their competitors. I think they are a decent choice but its possible better choices exist- but if they fit your …
Chose Recurly
Recurly provides far superior recurring billing services. It allows for more sophisticated subscription setup than QuickBooks Online can provide. However, Recurly is not as skilled at invoice customization as QuickBooks Desktop Pro or QuickBooks Online. There is no ability …
Chose Recurly
Recurly does a much better job at handling subscription payments than Quickbooks Online. We only use QuickBooks Online when we have a client who cannot pay via credit/debit card. In those cases, we send out automatic invoices via QuickBooks Online instead. 95% of our clients …
Chose Recurly
Recurly offers a better and more robust API. Recurring billing is much more complex with Stripe than with Recurly. For small dollar amount transactions, Recurly typically makes more sense for our clients than Strip does.
Chose Recurly
using it from legacy and liking it, as it does major jobs.
Chose Recurly
Recurly has more flexibility for custom integrations with other platforms such as Klaviyo
Chose Recurly
Recurly provided complete solution for our needs from the get go with ubscription statuses, renewals, upgrades and downgrades
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 …
Best Alternatives
Recurly2Checkout from Verifone
Small Businesses
WooCommerce Subscriptions
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Score 7.9 out of 10
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Score 7.9 out of 10
Medium-sized Companies
Sage Intacct
Sage Intacct
Score 8.6 out of 10
Sage Intacct
Sage Intacct
Score 8.6 out of 10
Enterprises
Salesforce Revenue Cloud
Salesforce Revenue Cloud
Score 8.8 out of 10
Salesforce Revenue Cloud
Salesforce Revenue Cloud
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Recurly2Checkout from Verifone
Likelihood to Recommend
6.0
(0 ratings)
8.2
(0 ratings)
Likelihood to Renew
7.5
(0 ratings)
-
(0 ratings)
Usability
-
(0 ratings)
1.0
(0 ratings)
Support Rating
10.0
(0 ratings)
-
(0 ratings)
User Testimonials
Recurly2Checkout from Verifone
Likelihood to Recommend
Recurly is great for tracking transactions and reviewing payment method declines. The platform is extremely helpful when dealing with scenarios where someone believes they have been fraudulently charged for the product. Recurly allows for transaction filtering, which is very helpful when trying to find possibly fraudulent charges very easy. If expecting precise, detailed information about a card decline, Recurly would not be very helpful.
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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
  • Recurly is very easy to use. Their UI is very clean and intuitive, so my staff has no problem understanding how to handle payments in Recurly. They just released a new UI, which is currently in Beta, but does an even better job making the user experience great.
  • Recurly really helps reduce the time involved in collecting payment from a client. They have a dunning process which detects when a transaction has failed, and automatically re-tries running the payment several times before giving up. Recurly gives you full flexibility on how the dunning process works, including the ability to send your client payment declined notifications every few days to inspire them to update their payment info.
  • Recurly just added a new feature which can automatically update credit card information from clients whose card has expired. They ping the credit card company (visa, MC, AMEX, Discover) to retrieve new card information for cards who have just gone past their expiration dates. This is extremely handy, and has reduced the number of times we've had to contact our client to get updated billing information.
  • Recurly has excellent customer service. You can chat with an agent and receive an instant reply to your questions. I love this.
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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
  • I would like it if an agent accessed Recurly for any reason that it tracks it using the agent's name or login information.
  • The time stamp on refunds processed can be confusing as it sometimes shows midnight when we don't, as such, I would like to see a change in that.
  • Would like if the report for transitioned showed who completed the transition.
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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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Likelihood to Renew
I believe we would continue to use Recurly because they have shown that they are continually improving their software, and they listen to their customers
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No answers on this topic
Usability
Apart from a lot of scope, which it has for improvement, like analytics, api's, customer service, downtimes. It still provides a lot of value, it is helpful for us in Business crtical areas, managing subscriptions and creating and launching coupons, ease of usability, camparatively lower maintainence are some valid reasons to prefer Recurly.
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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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Support Rating
They have always been quick to respond and help. I love their chat feature at the bottom right-hand corner of the platform.
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No answers on this topic
Implementation Rating
We implemented Recurly ourself both for client, backend and bi in a weeks time
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No answers on this topic
Alternatives Considered
We did try to custom build a recurring option in these tools that we've tried, but Recurly offers a different level of support on our ever growing customers who either fit into our normal subscription business/billing model and those who do not. It allows us to see what's going on in our side of the business without digging through a lot of codes and reports.
Read full review
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
  • If you have considered spending a little and saving a lot of time, then Recurly is a great fit. We are a small team and we handle a lot of subscriptions and also get good insights into how our business is doing. So in a way Recurly is helping us a lot.
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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

Recurly Screenshots

Screenshot of payments with smart routing to improve transaction success rates and conversions by offering a variety of payment methods, such as credit cards, PayPal, Amazon Pay, Apple Pay, Google Pay, and ACH.Screenshot of the flexible ways to configure subscription billings workflows, and automate recurring invoicing based on the subscription parameters.Screenshot of automated dunning communications to increase collection effectiveness. Configurable across period and timing, if the payment is past due or declined, selected and personalized dunning campaign launch.Screenshot of the features to set up and test different products, plans, and pricing options, plus promotional tools like free trials, coupons, and gift subscriptions and cards to attract more customers.Screenshot of Recurly analytics, which provides a 360° view into the health of a subscription business's plan performance, churn trends, campaigns results, financial metrics. These inform decisions for business growth.