This article, originally published October 29, 2007, has been updated today, October 30, 2007. Updates will appear in bold text.

By popular demand, 2Checkout will soon support now supports PayPal Express Checkout.

Suppliers have long been able to pay their 2CO set up fee with PayPal. Later this week Starting today, many customers will have the option to pay for their purchases with PayPal as well.

This will allow customers to pay for products and services with the funds in their PayPal account, even if the supplier does not have their own PayPal account and only uses 2Checkout.

The PayPal payment option will be available for all non-recurring orders in the following currencies:

• Australian Dollar (AUD)
• Canadian Dollar (CAD)
• Euro (EUR)
• British Pound (GBP)
• Japanese Yen (JPY)
• U.S. Dollar (USD)

For more information about the other customer payment options 2CO supports, please see: What Customer Payment Options Are Supported by 2CO?

Also coming soon: PayPal Pay Later

Your questions are welcome in the comments, or you may contact us directly.

The Canadian dollar is up, and the American dollar is down. This is not such a bad thing. Your products have just gone up in value. Canadians can now pay less by shopping in the U.S., and that means they will save money by purchasing your products from 2Checkout.com. Now is the time to sign up as a supplier, if you have not already! With the Canadian dollar sitting at .9367, Canadian shoppers have turned to the U.S. to get savings.

With the constant fluctuation of the currency exchange rate, no telling how long this will last. As a 2Checkout.com supplier, you are able to embrace this opportunity.

The New York Times weighs in with more on this subject: Canadian Dollar Aiding Online Retailers

The third annual NYSE CEO Report finds CEOs increasing their focus on meeting and exceeding customer expectations to drive and maintain growth in the future.

“Almost one-third of CEOs will spend more time on customer relations; more than half expect to spend more money on it; and two in ten CEOs cite customer satisfaction as the most crucial element to their long-term success as CEO.”

Related links:

• NYSE-listed CEOs say customer focus to drive growth
• Leading CEOs Optimistic about Opportunities in Global Markets, Says NYSE CEO Report 2008

Digital Transactions writes:

“PayPal is increasing certain fees associated with its Website Payments Pro service, effective Sept. 1. In an e-mail it sent to merchants Thursday, PayPal said the monthly charge for the service will rise to $30 from $20. Transaction pricing for the Virtual Terminal component of the product will also go up. The new pricing will be 2.4% plus 30 cents to 3.1% plus 30 cents, depending on volume, up from 2.2% plus 30 cents to 2.9% plus 30 cents. Also, PayPal will start levying a 30-cent fee for Website Payments Pro authorizations in cases where transactions aren’t settled within 29 days…”

Source: Volume Climbs for PayPal, While Some Sellers Will See Fees Rise

2Checkout.com is proud to announce the release of our new transaction pages.

The transaction process has been completely rewritten and many improvements have been made. Many of the improvements were made to back-end functionality, so will not be apparent to our suppliers or customers. Several others are visible, however, so I’ll briefly describe these below:

Simplify and Inform

• An improved detailed transaction summary is now included on the right side of each transaction.
• Payment methods are now “conditional”. This means that customers who do not have a payment method available to them will no longer see references to that payment method.
• There is now a “Remove” button by each product or custom cart order. This makes removing products from your cart much easier than the previous method of entering a “0″ in the quantity field.
• Personal and Shipping Information now appears on a single page. This helps simplify the transaction process and allows customers to copy their Personal Information into the Shipping Information fields with a simple checkbox selection.
• To help maintain consistent branding, supplier (vendor) logos, if provided, now appear throughout the entire transaction process.

New Payment Methods

• Customers using Internet Explorer 6 or 7 in the United States will now see a payment option for ATM Direct. ATM Direct brings Real-time, PIN-debit payments to 2Checkout.com.
• Coming soon: FX Source and Paypal

We’ll be providing more details about these changes and future improvements, so check back soon for more information.

UPDATE 7/18: FX Source has been added as a payment option.
UPDATE 10/30: PayPal Express Checkout has been added as a payment option.
UPDATE 11/29: ATM Direct has been removed as a payment option.