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New Purchase Currencies Added By 2Checkout

2Checkout.com is happy to announce the inclusion and immediate availability of five new purchase currencies and one remittance currency for our international vendors and customers.

  • Argentina Peso (ARS)
  • Brazilian Real (BRL)
  • Indian Rupee (INR)
  • Mexican Peso (MXN)
  • South African Rand (ZAR)

Starting today, the following currencies will be available for customers to choose from and for vendors to select as default currencies within the purchase routine:

These recent additions boost 2Checkout’s available international purchase currencies to 17. Click here for 2CO’s complete list of currencies.

South Africans will be happy to note that the Rand (ZAR) has additionally been added as a remittance currency, making it possible for South African vendors utilizing 2Checkout to be paid in ZAR by wire transfer, raising 2CO’s overall payout currencies to 25. Click here for a complete list of 2CO payout currencies.

Group Pay No Longer Available After 9/25/09

Group pay of multiple vendor accounts to a single payment will no longer be available as a payment option after the September 25, 2009 payment cycle.  You may view our alternative payment options here.

If you have any questions, concerns or need additional assistance please contact 2CO by contacting us directly.

Making An ATM Debit Purchase

Purchasing goods through 2Checkout using your ATM Debit card is quick and easy.

When you are ready to pay for your purchase, you will be presented with a Payment Methods page where you want to select the “Debit” option.

Continue reading…

Changes to Currency Wire Payments

Suppliers who are currently choosing to be paid by wire transfer in any currency other than USD need to be aware of some potential changes in their weekly payments. To provide better service, 2Checkout.com is changing foreign currency providers for wire transfers. This transition will occur over the next few months.

What this means for your everyday business:

  • No disruption in the payout of your 2Checkout payment.
  • A potential change of reference information on your wire.
  • A potential change in the fee charged by your bank as funds will now originate from a US bank.

Continue reading…

Multiple Payoneer Cards

Payoneer will only issue a single card to one person for each 2Checkout account. There is no way to add an authorized user to the card and have another card issued for them like other credit cards. Payoneer cannot issue another identical card to a family member that is linked to the same account. If you lose your card it can be replaced by contacting Payoneer directly at support@payoneer.com.

Slovakia Adopts the Euro

As of January 1, 2009, Slovakia will be adopting the Euro (EUR) as its local currency. Because of this, our Slovakian suppliers must update their banking information via the Banking Wizard before December 16th to prevent delays in payment. Suppliers from this country will need to change their payment currency to Euro and enter a IBAN number to receive Euro payments to their bank account. If you do not know what your IBAN number is please contact your bank for this information.

Please let us know if you have any questions.

Linking Your Current Payoneer MasterCard To Your 2Checkout Account

If you are an existing 2Checkout supplier and already have a Payoneer MasterCard you are now able to link that card to your 2Checkout account. If you are a supplier with more than one 2Checkout account this means you can also link your payments together so they are all made to one card. In order to link another 2Checkout vendor ID to an existing card the vendor needs to follow these steps:

  1. Go to your 2CO account. [of the account you wish to link to the card] and go to the sign up for Payoneer card as if you are going to order a new card.
  2. On the top right-hand side below the banner you can see: “If you already own a Prepaid MasterCard® from Payoneer, Click here”
  3. Click on the text and you will be shown a form with 3 fields. One for the card number, your Payoneer username and your Payoneer password.
  4. Enter the card number of the Payoneer card you already have and your existing Username and password for that card
  5. Submit this information
  6. Your additional account is now linked to your existing card

*Each account must meet its individual release level.

Adding accounts to your Payoneer card

You can attach multiple accounts to your re-loadable 2CO branded MasterCard. You do not need a separate card for each account. To do this, you will need to contact Payoneer and give them your Payoneer account number and any vendor numbers that you would like to have attached to your Payoneer card. Once you have given them all of the 2CO vendor account numbers that you would like attached, you must log into each 2CO account and select pay by Payoneer. If you select pay by Payoneer without contacting Payoneer and telling them the vendor account number, no funds will be loaded to the card.

Please contact us directly if you have any questions.

Releasing Payments to Vendors

Vendors have a wide variety of choices in how payments should be sent out from their 2Checkout account. The payment types, fees and availability can often be confusing. If you are unsure of the payment options available to your country, please visit the payment country list. Release of payments also depends on the status of your 2Checkout account, which would have to be of a “Y” or “P” status to be eligible for the funds release. Below are the definitions, geographical availability and the associated fees for each payment type.

Continue reading…

Cyprus Adopts the Euro

As of January 1, 2008, Cyprus will be adopting the Euro (EUR) as its local currency. Because of this, our Cypriot suppliers must update their banking information via the Banking Wizard to prevent delays in payment.

UPDATE (12/20): Due to the New Year Holiday, payments issued on December 27, 2007 to Cyprus must be in Euro. Please make the necessary changes to your Bank Wizard to prevent delays in receiving future payments.

Please let us know if you have any questions.

More information about this change:

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