International

2Checkout is happy to accept and support clients almost anywhere in the world. Products and services can be listed in 12 different currencies (Dollar, Euro, Pound, Yen...) , and buyers can choose to pay in their native currency and know exactly the amount that will appear on their credit card statement.

Getting Started » International Issues »

The New FCEFT and you!

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.

Continue reading…

What Are the Conditions for Venezuelan Suppliers?

2Checkout.com has determined that there is a reasonable risk that a 2CO account may be used in an unauthorized manner. As a reseller, 2Checkout.com must diligently assure that all of our accounts are being used strictly in accordance with our Supplier Agreement and Operating Regulations only to sell actual products and services as permitted by our Prohibited Products list.

There is a reasonable risk that an account may be used to avoid Venezuelan currency restrictions or to convert Venezuelan Bolivars (VEB) into U.S. dollars.

This decision is made only with regard to our reasonable uncertainty to the use of the account, and is not an accusation of wrongdoing on the supplier’s part.

The following conditions will apply to Venezuelan suppliers:

  • Orders must be marked shipped only when they are indeed shipped. Orders must have verifiable tracking numbers. We unfortunately cannot accept the sale if it is delivered via in-store pick up. Shipping information and tracking numbers must be provided for all orders in order for you to be paid for them. If an order is shipped without verifiable tracking numbers, we will have to refund the sale.
  • Further documentation may be required by the fraud department prior to approving the sale. Once the Fraud Department has confirmed the sale with the card holder; the order can then be Passed and is ready to be shipped to the customer.
  • Your account will go through a verifications process. Please see What is the Verifications Process? All orders must be voice verified received before the funds are released to you. It is important for customers to enter valid phone numbers to avoid any delays of the verifications process.
  • Please be aware that any account that is found to be converting currency, or commiting other ToS violations in an attempt to circumvent our restrictions, will be assessed a fine equaling no less than 25% of it’s sales total. This penalty will be assessed at the time of account closure, prior to any funds releasing for completed transactions.

Can I Sign Up If I Am Not in the U.S.?

2CO is happy to provide both US suppliers and internationally-based suppliers with an e-commerce solution.

We can service vendors from almost anywhere in the world.

Suppliers from Venezuela must meet certain conditions.

Suppliers or banking institutions from the following countries are currently EXCLUDED from any type of operating arrangement with 2CO:

  • North Korea
  • Cuba
  • Iran
  • Sudan
  • Syria
  • Myanmar (Burma)

Does 2CO Accept International Suppliers or Customers?

Yes, we have an established base of international suppliers.

Additionally, affiliating with 2CO provides you instant access to a world-wide customer base. You can elect to accept sales from anywhere in the world.

Are Foreign Currencies Supported?

Yes, 2CO does support a number of non-US currencies at the time of sale for a number of our payment processes. This is a payment option that each affiliated supplier can elect to support.

Currencies that will be supported:

  • US Dollars
  • Australian Dollars
  • Canadian Dollars
  • Danish Kroner
  • Euro
  • GBP-Sterlings
  • Hong Kong Dollars
  • Japanese Yen
  • New Zealand Dollars
  • Norwegian Kroner
  • Swedish Kroner
  • Swiss Francs

The reason we’ve wanted to offer multi-currency support (in addition to the requests from our vendors) is that the USD price or approximation listed is always subjected to additional conversion costs by the card issuing bank. This usually results in a higher-than-necessary charge to the customer on their bank statement.

This rate is also frozen so that if, for example, your customer requires a refund (full or partial), they are receiving the same conversion rate at that time as they did at the time of service.

Additionally, all currencies are automatically supported, but the customer experiences the conversion rate imposed by their card-issuing bank for the US Dollar sale where the currency is not supported by 2CO.

Non-US Dollar transactions can only be completed using a credit card. A digital check is not an option when any other currency is used.

If you do not elect to limit the sale of your goods or services to US-based customers, only this feature is activated.

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