2Checkout.com, Inc. is pleased to announce the introduction of a new customer payment option: PayPal Buyer Credit AKA Pay Later.
PayPal Pay Later provides existing PayPal members with a line of credit that allows them to make no payments for 90 days. However, this line of credit has no impact on sale deposit timeline or amount.
Customers pay later, but suppliers still get paid on time, in full!
The Pay Later option will be displayed for all orders valued between $50 and $1,500 USD.
People like options and due to the inconvenience and high cost of long distance calls, you can now save money by using Live Person.
Live Person is the ultimate customer communication alternative. You will no longer have to wait or listen to voice prompts; Live Person will give you instant access through your computer for faster results.
When a Customer Care specialist has logged into Live Person, you will be able to see a live help icon in the upper left hand corner of the transaction pages. These have been placed strategically throughout our site and can also be found on the Contact page of this community site. Later this week, it will also appear on the right side navigation throughout the community site.
Currently, Live Person is being tested on third shift between the hours of 11pm and 8am EST.
We look forward to chatting with you and welcome any feedback you may have.
This is the fifth part of our ongoing series of site-building resources. Today we’ll be focusing on design and usability resources.
Please add any other related resources you’d like to recommend in the comments below.
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Vendors that are located in Great Britain, Australia, and Canada are able to receive payment via Foreign Currency Electronic Funds Transfer (FCEFT) in their own currency. Vendors are now able to receive payment via FCEFT in the following currencies as well.
CHF or Swiss Franks
EURO
MXM or Mexican Peso
NZD or New Zealand Dollar
When you are entering your bank information into the Banking Wizard, you will be required to enter your IRC (International Routing Code). This can sometimes be confusing due to different countries referring to it by different names. The following information will help you determine what your IRC is.
On November 1st 2007 the Canadian dollar hit a new all time high against the US dollar - coming in at 1.0592 US dollars. You’ve probably also heard that the US dollar is at historic lows versus many other major currencies - most notably the British Pound, the Euro, and the Australian dollar.
From an e-commerce perspective, the low dollar presents an unprecedented opportunity for online merchants to venture into the international marketplace. US based sellers can offer a significant price advantage - often totaling more than 40% - over the local choices available to shoppers in Canada, the UK and most of Europe. This price advantage is maintained even when taking into account any extra shipping costs, taxes, duties, etc. a cross border sale may entail.
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:
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.
Thank you to all of the participants of our new Affiliate Program Beta!
We’re expanding the beta program now, so if you’ve been waiting for the second round, now’s the time to apply.
If you would like to participate in this beta program, please send an email to affiliatebeta@2co.com with the following information:
subject: Affiliate Beta
name: your name
SID: your 2CO supplier id
Would you like to offer commissions on your products? Yes/No
Would you like to earn commissions on others’ products? Yes/No
To learn more about the Affiliate Program Beta, see these previous posts:
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
As part of our ongoing series of resources, we’re taking a break from technical resources to feature a couple business/financial resources.
Please add any other related resources you’d like to recommend to the comments.
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Changes to the 2Checkout purchase pages took place today. Vendors selling e-goods will notice the first change. Once an entry for your product has been added, The 2Checkout system allows you to add a return URL where the customer can download the product. This feature is now working correctly when customers purchase 2 or more products at the same time. When a customer does this they will be presented the 2Checkout Order Confirmation page at the end of the purchase process. On this page a “Click Here to Access Your Good” link is presented below the description of each of the products that were purchased. These links will open in a new window so your customer can access each e-good that they purchased separately. Also included in this change are some fixes to the coupon system. Coupons can now be used on 3rd party cart sales and sales that use the fixed parameter with no side effects. Coupons will also have no adverse effects on the Direct Return setting of your account.
Now a faster, easier way to get paid – the 2CO reloadable MasterCard®.
Sign up today and receive a $10 credit on your card.
Click here to learn more.
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