Because of this popularity, many online merchants are more than happy to accept debit card transactions. Until recently, online debit cards were treated as Signature Debit transactions. The customer’s electronic signature is substituted for their physical signature. Thus allowing debit cards that have a Visa or Master Card logo to process much like credit cards.

The other form of debit card transaction is a Personal Identification Number (PIN) Debit. Here, a customer pays with their debit card and authorizes the purchase by entering their unique ID. Because the purchase must be authorized by the customer, requiring an interface to enter the PIN, this method of payment is less common on the Internet.

One of the benefits of PIN debit, is a reduction in fraud and disputed charges. Customers authorize their purchases with PINs, the risk to merchants of chargebacks is virtually nonexistent. 2Checkout, along with Acculynk, allows your customers to buy products using the safety of their PIN debit cards. Your customers get one more way to make purchases, while merchants get the ability to accept even more sales. Sales that are much less likely to be fraudulent.

Log in to your account and click the ‘Account’ tab on the homepage and then click ‘Bank Account’ from the Account menu.

Your profiles will be listed under the Payment Profiles section on the right-hand side of the page. To create a new profile, click on the ‘Banking Wizard’ button and enter the requested information for the payment method you select. When you finish setting up your payment method, you will be asked to enter a Profile Name on the Save Bank Account Profile page (optional) and click the ‘Save Profile’ button.

Once created, this Payment Profile will be displayed on your Bank Account page and will be set as live. You can edit this profile by clicking on the ‘Edit’ link, which will route you back to the Banking Wizard to make your changes. You can switch Payment Profiles by clicking ‘Set Live’ under the desired profile on the Banking Details page.

Once you have logged in, click on the ‘Account’ tab and then click the ‘Account Balance’ sub-tab.

Your account balance and payment information are provided to you in a table that displays the following:

• Date – Date of payment
• ID – Payment ID which indicates the payment type and date it was sent.
• Payment- Payment amount
• R Held- Reserve amount held from payment.
• R Released - Reserve amount released into payment. Click on the amount to see when the reserve amount was originally held.
• Sales – Deposited sales included in payment. Click on the amount to view a detailed list of sales.
• 2CO Fees – 2CO fees on the sales in payment. Click on the amount to view a detailed list of sales and fees per sale.
• Refunds - Refunds in payment. Click on the amount to view a detailed list of sales and refunds issued on sales.
• Adjust - Adjustments on payment. Click on the amount to see detailed adjustment reasons.
• Aff Comm - Affiliate commissions in payment. Click on the amount to see detailed list of commissions.
• Aff Comm Out - Affiliate commissions paid to affiliates. Click on the amount to see detailed list of outgoing commissions.
• Chrgbck – Chargeback fees in payment. Click on the amount to view a detailed list of sales and chargeback fees issued on sales.
• Bal Frwd - Balance forwards in payment. Click on the amount to see detailed reasons.

Your are also provided with a payment estimate calculator that can be utilized by clicking on the amount that is listed next to the text that reads “Estimated Next Payment”. This calculator will provide you with your estimated payment after payment fees have been subtracted.

Once you have logged in, click on the ‘Account’ tab and then click the ‘Bank Account’ sub-tab. The Banking Details table displays the following information:

• Release Level - The amount of funds that must be accumulated in your account before payment can be issued.
• Reserve Level – Percentage of funds held for 90 days, then released back into your payments. This percentage may vary.
• Payment Method – The payment method that has been selected in your payment profile.
• Payee – The account holder’s name.
• Paid In - ?Currency in which you will be paid.
• Payment Cycle – This will always be set to ‘weekly’.
• Last Updated - Date your banking information was last updated.

To create a new payment profile, click on either the ‘Banking Wizard’ or ‘Payoneer’ button under Payment Profiles, located on the right-hand side of the screen. If you wish to receive payments via the 2CO reloadable Payoneer card by MasterCard you will first need to apply for a Payoneer card. To apply for the Payoneer card click the ‘Payoneer’ button under Payment Profiles located on the right-hand side of the screen and follow the onscreen instructions. After you have completed the application you may then create a payment profile for the Payoneer payment method.

Once you have logged in, click on the ‘Account’ tab and then click the ‘Account Balance’ sub-tab. The Estimated Payment Calculation page can be utilized by clicking on the amount that is listed after ‘Estimated Next Payment’. This page will provide you with the following information:

• Total sales included in payment.
• 2CO fees on the sales in payment.
• Refunds in payment.
• Adjustments on payment.
• Chargeback fees in payment.
• Balance forwards in payment.
• Estimated reserve amount held from payment.
• Reserve amount released into payment.
• Payment fee
• Grand total payment amount to be issued.

“Request Invoice” can also be utilized for billing for excessive server time for webhosts, or for services that need to be billed in addition to the product/pricing structure hard-coded via 2CO’s product listing.

To create an invoice you must have a product set-up in the “Products” tab of the Vendor’s Area. The price on the product can be set to any amount as you will be entering the actual payment amount when creating the invoice.

To issue a payment request please follow these steps:

1. Click on the ‘Sales’ tab near the top of your account homepage.
2. Click on the ‘Request Invoice’ tab in the sales menu.
3. Fill out each field on the ‘Request For Payment’ page as they are listed below.
4. Your Invoice Number- number you will use to identify the invoice.
5. Relevant Web Site- The website that is providing the product or service. (optional)
6. Product- You must use the drop down menu to select the product that is being ordered. (Invoices cannot be sent for recurring products so they will not display on this menu)
7. Payment Amount- The total price of the invoice.
8. Payor Name- The customers name.
9. Payor Email- The customers email.
10. Subject of Email- Message in the subject line of the email. (optional)
11. Use the comment box to add any additional comments you wish to include in the invoice such a list of products being ordered or description of the payment. (optional)
12. Click on the ‘Submit Request’ button to send the invoice.

The Customer is sent an email with all the billing information and a link to the checkout routine. Once the customer completes the order with their payment information, the sale will be logged to your account and email notification sent to you and the customer.

Please Note: If you are using the purchase link provided in the invoice to send your own email please be sure to copy it directly from the invoice and not from your browser’s address bar. Sending the customer a link from your address bar can cause session tracking issues that may negatively affect your account.