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Old 05-31-2009, 02:37 PM   #1
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Default 2 Checkout - Your Experience ?

Hello, Jesica here,

i was thinking about using 2Checkout as a merchant to accept payments for a product which i am working on rite now.

Has anyone used 2co before?

what are you experience with them?

how do they pay you?

and have you seen any lower coversions because of the long
payment process that people need to go through?

thanks

Jesica
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Old 05-31-2009, 02:43 PM   #2
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Default Re: 2 Checkout - Your Experience ?

I'm interested in using 2 Checkout for a membership site I'm currently working on. If not 2 Checkout...any other suggestions?
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Old 05-31-2009, 04:58 PM   #3
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Default Re: 2 Checkout - Your Experience ?

Horrible checkout process.

They are cheap and get the job done. But i quite using them after a few weeks because of the horrible checkout process.

Checkout abandonment went through the roof.
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Old 05-31-2009, 06:34 PM   #4
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Default Re: 2 Checkout - Your Experience ?

Quote:
Originally Posted by Devan Koshal View Post
Horrible checkout process.

They are cheap and get the job done. But i quite using them after a few weeks because of the horrible checkout process.

Checkout abandonment went through the roof.
What is Checkout abandonment ? is that a merchant service?
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Old 05-31-2009, 09:44 PM   #5
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Default Re: 2 Checkout - Your Experience ?

They aren't terrible, but they don't work well for large transactions. We used to use a traffic broker that took payments via 2CO and the largest transaction we could do was $2000 so we would end up making 2 to 3 purchases a week of that size and every month they would scrub and kick back a couple as "odd" transactions and hold them in limbo for a week...
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Old 06-09-2009, 02:37 PM   #6
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Default Re: 2 Checkout - Your Experience ?

I use 2CO as an "alternative" credit card processor for folks who don't like Paypal (there are still a few of those -- about 10% of my buyers). They're more expensive than Paypal, hold funds in reserve against chargebacks, and have limited ways to withdraw funds (their debit card costs money vs. Paypal free debit card). They pay weekly into your bank account rather than instantly.

OK for small transactions and low volume.

gary
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