• 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.

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

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.

Our purchase routine will then ask you for the number of your debit card. Since debit cards and credit cards work virtually in the same manner, this screen should look similar to if you were purchasing with a credit card.

Once you have entered your card details and clicked the “Next” button, 2Checkout will then begin a secure connection with AccuLynk, the ATM Debit processing service. Once it has established the secure connection, you will then be asked if you really do want to process your card as an ATM Debit card, or you can click the “Cancel” button to process the number you entered as a standard credit card. Please note that PaySecure currently supports the NYCE, PULSE And ACCEL/Exchange networks. If your debit card cannot be processed by the PaySecure network it will be run as a signature debit and you will not be prompted to enter your PIN number.

Clicking the “Continue” button will move you to the next step in the check-out process. Here, AccuLynk will ask you for the PIN to your debit card. You will notice that the numbers are scrambled (not in standard ascending order).

Each time you click a number, the numbered buttons will visually scramble again. This is done as a security precaution.

Once you have entered your full PIN, click the “Submit PIN” button to process the transaction. If there are any issues with processing the transaction, a notice will display informing you of the general issue. Otherwise, if the transaction processes successfully, you will be presented with either the standard 2Checkout receipt page or you will be returned back to the vendor’s website (depends on how the vendor has their account set up).

You have just completed a successful ATM Debit purchase through 2Checkout using the AccuLynk service!

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.

2Checkout would like to encourage you to select the most cost effective payment option – Foreign Currency Electronic Funds Transfer (FCEFT). The FCEFT payment option can be selected through the VA Bank Wizard and is available in the following currencies:

• AUD – Australian Dollar
• CAD – Canadian Dollar
• CHF – Swiss Franc
• EUR – Euro (Selected Countries)
• GBP – British Pound
• MXN – Mexican Peso
• NZD – New Zealand Dollar

Coming Soon:

• HKD – Hong Kong Dollar
• INR – Indian Rupee
• SGD – Singapore Dollar

The FCEFT payment option allows 2Checkout to pay vendors in certain currencies directly through the banking system of a given country. The following provides a description of the potential fees for these two payment options:

Foreign Currency Electronic Funds Transfer

• 2Checkout fee is $0.00 USD per payment.
• Usually no fee charged by the receiving bank.
• No corresponding bank used.
• Delivery time is usually 2-5 business days.

Currency Wire

• 2Checkout fee $6.00 USD per payment.
• Possibility of additional bank fees charged by the receiving bank.
• Possibility of additional bank fees charged by the corresponding bank.
• Delivery time can range from 14 business days to a few weeks.

2Checkout welcomes your feedback. Please contact us directly with your account related questions or concerns.

Please let us know if you have any questions.

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.

Please contact us directly if you have any questions.

Definitions

• EFT — Electronic Funds Transfer is the quickest method of money transfer and they do not cost anything through 2Checkout. Vendors are able to transfer very small amounts (minimum of $10 USD) from their 2Checkout account to their bank, hence enabling vendors to potentially be paid every week without the penalty of transfer fees. It is recommended by the banking systems for the safety of the vendors that no more than $10,000 USD be transferred per payment for vendors who can receive EFTs, as they are rescindable. Although EFTs are not available in all countries, vendors always have the option of signing up for a Payoneer card to enable their ability receive EFTs.
• Payoneer — The 2Checkout.com-branded Re-Loadable MasterCard® (powered by Payoneer) is the solution for vendors who wish to be able to accept EFTs in countries that do not offer the EFT service. The opportunity to receive EFTs in a country that does not support them is accompanied by the inherent benefit of being able to receive payments from your 2Checkout account with only a $20 USD minimum payment and no 2Checkout transfer fees (although, Payoneer does charge nominal fees for transferring money to your card). Additionally, it is very handy for those who wish to have direct ATM access to the funds transferred from their 2Checkout account into the Payoneer card. Click on the following link if you would like to sign up for the 2Checkout.com-branded Re-Loadable MasterCard®.
• Wire Transfer — Monetary wires are not as quick as EFTs, although they are typically suggested for payments greater than $10,000 USD. Wire transfers give you the assurance that your check-in-hand is as good as cash and no charge-backs can take place against that amount unlike EFTs, which are rescindable.
• Paper Check — Checks are manually printed from our 3rd-party processor and then mailed out to the address you specify within the Banking Wizard.

Payments within the United States

• EFT (ACH)
  Transfer: 2-3 business days
  Fee: NONE
  Release Level: $10
• Payoneer
  Transfer: 2-3 business days
  Fee: Varies (no 2Checkout fee)
  Release Level: $20
• Paper Check
  Transfer: Standard First Class mail
  Fee: $4 USD
  Release Level: $100

Payments Outside the United States

• EFT (DEFT, AEFT, BACS, other) — Click here to learn about foreign ACH transactions.
  Transfer: 2-3 business days
  Fee: NONE
  Release Level: $10
• Payoneer
  Transfer: 2-3 business days
  Fee: Varies (no 2Checkout fee)
  Release Level: $20
• Wire Transfer (in local currency)
  Transfer: 14-21 business days
  Fee: $6 USD
  Release Level: $300
• Wire Transfer (In USD to destination bank based in a supported foreign currency country)
  Transfer: 14-21 business days
  Fee: $15 USD
  Release Level: $300
• Wire Transfer (In USD to destination bank based in an un-supported foreign currency country)
  Transfer: 14-21 business days
  Fee: $10 USD
  Release Level: $300
• Paper Check
  Transfer: Standard Air Mail
  Fee: $4 USD
  Release Level: $100

Supported Foreign Currencies — for ACH Transactions

• AUD – Australian Dollars
• CAD – Canadian Dollars
• EUR – Euros
• MXN – Mexican New Peso
• NZD – New Zealand Dollar
• CHF – Swiss Franc
• GBP – Great Britain Pound Sterling

Supported Foreign Currencies — for Wire Transfers

• AUD – Australian Dollars
• CAD – Canadian Dollars
• EUR – Euros
• HKD – Hong Kong Dollars
• INR – Indian Rupee
• JPY – Japanese Yen
• MXN – Mexican New Peso
• NZD – New Zealand Dollar
• NOK – Norwegian Kroner
• ZAR – South African Rand
• SGD – Singapore Dollar
• SEK – Swedish Kroner
• CHF – Swiss Franc
• TRY – Turkish Lira
• GBP – Great Britain Pound Sterling
• CZK – Czech Republic Koruny
• DKK – Denmark Kroner
• HUF – Hungary Forint
• ILS – Israel New Shekel
• KWD – Kuwait Dinars
• PHP – Philippine Pesos
• PLN – Poland Zlotych
• SAR – Saudi Arabia Riyals
• AED – United Arab Emirates Dirhams

To set your payment preferences, use the Banking Wizard within your 2Checkout account.

Related Articles:

• Payment Countries

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:

• Central Bank of Cyprus: Euro Introduction
• National Website for the euro