2Checkout from Verifone vs. WePay

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
WePay
Score 7.7 out of 10
N/A
WePay is a payment processing and mobile point-of-sale (mpos) software solution with features such as facilitating payments between buyers & sellers and instantly enabling users to accept donations. WePay was acquired by Chase in 2017.N/A
Pricing
2Checkout from VerifoneWePay
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
2Checkout from VerifoneWePay
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details2SELL - 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
2Checkout from VerifoneWePay
Considered Both Products
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 …
WePay
Chose WePay
These are linked to each other. There are multiple systems you have to use. One takes the credit card info and runs it and one puts the money into your account. It would be better to have one that does it all, if it exists. WePay seems to be one of the most commonly used …
Chose WePay
WePay directly integrates with Classy and that was our sole reason for switching from iATS. iATS has several features but is also fairly complex. iATS has a great customer support team to help though. If we were not required to switch payment processors by Classy, I don't know …
Chose WePay
There are many other services that provide similar things, such as Stripe. However, when I evaluate these marketplace payment providers, I look at who their current users are and in this case, WePay has provided services to many other high-volume payment customers.
Chose WePay
PayPal has it's own niche, and have more stand alone options, but they are confusing to navigate unless you are in their system a lot. Integration can take a lot more time to do and test out. Plus WePay charges less than PayPal does which in this case is an advantage.
Chose WePay
  • Wepay had shown to be easier to use for the customer to use, set up, and get rolling accepting payments/donations quickly.
  • WePay has also been easy to develop our software into their API.
  • Wepay has a better user flow for our customers. The dashboard is easy to use and set up.
Chose WePay
WePay is friendlier to the customer than Stripe or PayPal - so much easier to sign up for and use. Standard gateways are more flexible - they provide many more options on pricing, and the ability to choose the underlying processor - which is great, but also significantly more …
Chose WePay
Wepay is easier to use, and fees are less, however, authorize.net processed payments quickly and deducted fees before payments were made to our account.
Best Alternatives
2Checkout from VerifoneWePay
Small Businesses
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Apple Pay
Score 9.3 out of 10
Medium-sized Companies
Sage Intacct
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Score 8.6 out of 10
Apple Pay
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Score 9.3 out of 10
Enterprises
Salesforce Revenue Cloud
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Checkout.com
Checkout.com
Score 8.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
2Checkout from VerifoneWePay
Likelihood to Recommend
8.2
(0 ratings)
7.0
(0 ratings)
Usability
1.0
(0 ratings)
-
(0 ratings)
User Testimonials
2Checkout from VerifoneWePay
Likelihood to Recommend
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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If you need a basic payment processor for credit card transactions with low fees/rates, WePay will work just fine. We wish it had the ability to process multiple transactions through the use of a credit card swiper or at least an easier/faster solution than having to re-fill out the transaction page on the website over and over. This could be a limitation due to our integration with Classy
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Pros
  • 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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  • Quick Setup and Approval of an Account
  • Allows 30 days for to finish a Wepay account but during the interim you can store transactions with them
  • Quick customer service
  • User friendly
Read full review
Cons
  • 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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  • I'd like to see some advances in their customer service process - it's good, but occasionally my customers want just a bit more hand-holding.
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Usability
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
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.
Read full review
These are linked to each other. There are multiple systems you have to use. One takes the credit card info and runs it and one puts the money into your account. It would be better to have one that does it all, if it exists. WePay seems to be one of the most commonly used websites of its type.
Read full review
Return on Investment
  • 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
Read full review
  • WePay has allowed us to focus on our core competency as opposed to spending time and money creating our own financial transaction system.
Read full review
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