2Checkoutofficial website

2Checkoutpresent (sb for a job etc)

2Checkout is an acquiring payment site that offers a simple, secure way to process online transactions. It has a rate of 3.9% + $0.45 and holds 30% of each order amount for 90 days.

Let's understand what an acquiring payment site is. Simply put, an acquiring payment site is an online platform that allows merchants to accept payments from their customers. These payments can be credit cards, debit cards, or other electronic payment methods. By using an acquiring payment site, merchants can easily process customer payments without having to set up and maintain a complicated payment system of their own.

2Checkout is one such acquiring payment site. It offers an easy-to-use interface that allows merchants to accept payments from customers with ease. It also offers a variety of payment options, including credit cards, debit cards, and PayPal. This way, customers can choose their favorite payment method to complete the transaction.

So, what is the rate of 2Checkout? It has a rate of 3.9% + $0.45. This means that when a customer uses a credit or debit card to make a payment, the merchant pays a fee of 3.9% plus $0.45 per transaction. This rate is relatively low and acceptable for most merchants.

2Checkout also provides for 30% of each order amount to be held for 90 days. This means that if a customer cancels an order or requests a refund after purchasing goods or services, the merchant will not have immediate access to that amount. Instead, this amount will be held by 2Checkout for 90 days. This may have some impact on the merchant's money flow.