Square Payments vs. 2Checkout from Verifone

Square Payments

2Checkout from Verifone

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Square Payments	Score 0.0 out of 10	N/A	A solution that enables users to accept payments securely from an eCommerce site with an online payments APIs (payment gateway) and customizable payment form. It features end-to-end encryption, so that customer’s payment data never touches the user's servers or devices. Square states the platform processes millions of payments every day, as they work directly with multiple networks and acquirers.	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

Square Payments

2Checkout from Verifone

Editions & Modules

No answers on this topic

Offerings

Pricing Offerings
Square Payments	2Checkout from Verifone
Free Trial
No	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

Entry-level Setup Fee

No setup fee

Additional Details

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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
	Square Payments	2Checkout from Verifone

User Ratings
	Square Payments	2Checkout from Verifone
Likelihood to Recommend	- (0 ratings)	8.2 (0 ratings)
Usability	- (0 ratings)	1.0 (0 ratings)

User Testimonials
	Square Payments	2Checkout from Verifone
Likelihood to Recommend	No answers on this topic	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. Incentivized Rohit Langde Marketing Manager Read full review
Pros	No answers on this topic	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. Incentivized Rodolfo M. Raya Chief Technical Officer Read full review
Cons	No answers on this topic	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. Incentivized Madina Mukhamedova Online sales back office manager Read full review
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. Incentivized Martín Massera Founder Read full review
Alternatives Considered	No answers on this topic	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. VW Vincent Wansink Founder Read full review
Return on Investment	No answers on this topic	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 Incentivized Martín Massera Founder Read full review
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