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.

2Checkout has introduced a new payments feature called payment profiles. Payment profiles allow you to create different profiles for each of your supported payment options such as different payment methods, accounts or addresses. You are able to edit, delete, or set a payment profile live in your account from the banking details page of your account.

After you have logged in to your account, please select the “Account” tab on your account homepage and then select “Bank Account” from the Account menu.

Your profiles will be listed under the Payment Profiles section on the right hand side of the page. To create a new payment profile please click on the “Banking Wizard” button and provide the requested information for the payment method you select. When you finish setting up your payment method you will be asked to enter a profile name on the Save Bank Account Profile page (optional) and select the Save Profile button.

Once created this payment profile will be displayed on your bank account page and will be set as live. You may edit this profile by clicking on the edit link which will route you back to the backing wizard to make your changes.

The banking details page provides you with all of your banking and payment method information. To access the banking details page in our new vendor administration panel please login at the following url: https://www.2checkout.com/va/

Once you have logged in please click on the ‘Account’ tab and then select the ‘Bank Account’ sub category. The banking details table displays the following information:

• Release Level- The amount of funds that must be built up in your account before payment can be issued.
• Reserve Level- The reserve percentage amount that is held for 90 days, then released back into your payments. This percentage can be increased based upon individual account experience.
• Payment Method- The payment method that has been selected in your payment profile.
• Payee- The account holders name.
• Pricing Currency- The currency your account uses to define your product prices. This does not need to be the same as the currency you choose to be paid in.
• Paid In- Currency you are being paid in.
• Payment Cycle- Will always be set to weekly.
• Last Updated- Date your banking information was last updated.

You are also provided with the bank information for the payment profile you are currently using.

To create a new payment profile for your account please click on either the ‘Banking Wizard’ or ‘Payoneer’ buttons located under Payment Profiles.

We always post information regarding bank holidays that may effect suppliers’ payments to the Supplier Login page, but thought our suppliers might appreciate a look ahead at all the US Federal Reserve Holidays for the year:

• January 21: Martin Luther King, Jr. Day
• February 18: President’s Day (Washington’s Birthday)
• May 26: Memorial Day
• July 4: Independence Day
• September 1: Labor Day
• October 13: Columbus Day
• November 11: Veteran’s Day
• November 27: Thanksgiving Day
• December 24: Christmas Eve (not a Federal Reserve Holiday, but early closures may effect when payments are received)
• December 25: Christmas Day
• December 31: New Year’s Eve (not a Federal Reserve Holiday, but early closures may effect when payments are received)

For those who really like to plan ahead, the Federal Reserve Bank provides a look ahead all the way to 2011.

Suppliers can now be paid directly to a 2Checkout Payoneer MasterCard!

2Checkout.com is introducing a new way for our vendors all over the world to receive their weekly payment. As of July 11, 2007, you will be able to register for your own Payoneer MasterCard, and receive your 2Checkout payments directly on the card.

By choosing to be paid by the 2Checkout Payoneer MasterCard, you will reduce the time that it takes for your payment to be delivered while cutting the costs associated with other methods of payment.

Here are some benefits of choosing the Payoneer MasterCard option:

• Cards are shipped to virtually everywhere worldwide
• Cards can be used anywhere MasterCard is accepted – online and in stores
• Withdraw cash in local currency at ATMs around the world
• 2Checkout payments will be loaded directly onto the card
• Online access to view your account, payments, balance and transaction history
• If the card is lost or stolen, a new card with the remaining balance will be issued

Payoneer has stringent regulations for customer privacy and uses top of the line security technology. If you ever have any questions about your card, Payoneer offers customer support by phone, email and live chat.

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