Have something you want to sell online? Thinking about using 2Checkout to allow you to make those sales? It is, as they say, “easy as pie”. But like pie (or cake, or tarts). there are a few steps until the desired results. Here is a brief step-by-step explanation of what you can expect between the moment you click on “Start Selling” and receiving your first payment.

1. Start Selling – the selling wizard. This collects the basic information we need to create your account. We make our policies and conditions available and require that you agree to them. Then we collect contact and banking information so we know who you are and where and how to send your payments. Then, we have you create your account user name and password and use that information to connect to your brand new 2Checkout account.
2. Risk Document and site review – You may be sent a copy of our Risk Document to complete, so we can verify who we’re doing business with. The site review lets us make sure that your site is operating within our terms of service. The vast majority of sellers pass shortly after we receive their documents, but from time to time we need to request clarifications or suggest changes before a site is approved.
3. Validation – On the statement of the credit card used to pay the initial signup fee, you will receive a code. Use this code to validate your account from within your account, or by calling the telephone number listed after the code. This is quick and easy and can also be sent via fax or ticket if voice/telephone contact cannot be made. UPDATE: As of March 25, 2009, validation is no longer required.
4. Verifications – Once you start to sell your products this last phase of our signup process begins. We will contact some of your customers to verify that they have received and are happy with their purchase(s).
5. We send you your money – This is the best part! After the Account Reserve is applied and you meet the account’s Release Level we will send you your money.

New vendors are often asked to complete a risk form, as well as provide a national identification card and international passport for each business owner. Requesting these documents serves to identify our vendors and to ascertain relevant information pertinent to doing financial business with them. Here is a step-by-step tutorial to completing the 2Checkout risk form:

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Identifying an order as a 2Checkout order can be done by viewing the credit card statement that was used to place the order. What is displayed on the customers statement can vary slightly depending on the bank that issued the card. Normally, when a customer pays for an order by credit card, the transaction will display on their statement as the follows.

2CHECKOUT.COM*XXXXXXX 877-294-0273 (The XXXXXXX is the vendors soft descriptor.)

If a customer selects to pay by PayPal, and uses a Credit Card as the funding source the transaction, their statement will show the following:

PayPal*2CHECKOUTCO 877-294-0273

If you have any questions about a transaction you have found on your statement please contact 2Checkout directly so we can assist you.

2Checkout.com Risk Representatives regularly review accounts and associated websites for compliance to the Terms of Service every vendor agrees to upon opening a 2Checkout.com account. A TOS violation, if discovered, may result in the disabling of an account’s selling ability account pending resolution of the issue. In order to prevent any inconvenience or loss of business due to sales interruption I encourage all vendors to take the time to ask themselves these 10 questions to determine their Terms of Service compliance and ensure a long and profitable business relationship with 2Checkout.com!

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2Checkout.com recommends all vendors periodically check the contact information listed in their account for accuracy. We advise scanning the information in your account every 3 months for any necessary updates.Keeping up to date contact information helps prevent:

• Missed payments due to inaccurate bank information,
• Lost sales from customers unable to contact you for additional information,
• Missed contacts from 2Checkout.com regarding sales, payments, refunds or bank assisted disputes.

Additionally, 2Checkout’s Supplier Agreement states:

B. Truthful Information.
All information and data Supplier provides to 2CO, or for which it engages a third party to provide to 2CO is complete, truthful, accurate, valid, the lawful property of the Supplier, and Supplier has the right to communicate such information.

C. Verification
All email, domain, URL, physical address and telephone information provided by Supplier is complete and correct.

Information that is invalid or that presents excessive discrepancies may cause brief interruptions in your account status as we attempt to resolve them.

Taking a proactive role in the maintenance of your account information can help insure smooth, consistent daily operations for your account.