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2CO decided to hold my money for 5 months!!

I was supposed to receive my funds a week ago but 2checkout would not send it. I asked their support and they replied that “Currently all essay suppliers will have their payments held until April 15th.”
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2checkout.com and software products

From past experience with 2checkout.com i would advise anyone to double-check in advance whether they really want to sell software with 2checkout.com. First of all the no no-refund policy attracts scammers and fraud like bees to a honeypot, and with this policy people can download the software and just demand a refund. Contrary to belief posted here, a chargeback on the other hand cannot be based on a “product was not satisfying”, at least not if the dispute is escalated properly. 2checkout.com basically puts all the risk to the vendor concerning this – this may work if the risk is factored into the product price. I assume this policy is a must for 2checkout.com because it is a reseller, but at the end of the day it is not competitive to payment providers.

We integrated complicated licensing schemes to work around this (timed licenses), just to find out that 2checkout.com did not want to resell our software. Our software was not on the prohibited list, however it was told to me by the risk department that our software was to risky anyways, because of “possible” legal problems. This “possible” risk, as explained to me really applies to pretty much all software that interfaces with another product, because by interfacing IP “maybe” be involved. At the end of the day 2checkout.com will not sell any software product that even has a remotely risk involved. This is probably also due to their status as a reseller.

I do understand their stance on this as a reseller, but one has to ask whether that model is suitable for any but the most mundane and simple software products. So my advice is before you get an account and start making a site that is suitable for 2checkout.com, triple check first whether it won’t be rejected out of the blue and ask yourself whether a regular payment provider does the job just fine.

Another issue probably is the lack of resilience against baseless complaints. A company that does not list software products with a residual risk, probably won’t keep it either when any complaint (whatsoever baseless) comes in.

Risk dept validating my products

How long does it take for the risk dept to validate/approve the products? I have sent an email about three days ago and have received no feedback at all.

“Risk department” ignoring me….

i have a problem since i signed-up for 2co account, and i contacted the customer support team since 3 days and no answer, they saying they supporting customers 24 hours in a day, 7 days in week, but i didn’t seen any thing from that,my bussiness is delayed because of that, and i don’t know how i can fix that, what i can do now, and which one can help me…..

What about customer fraud?

Hi,

2checkout is very quick (as they were today) to issue a refund to a customer, but what about when the customer is out and out fraudulent. I’m not talking about someone using a fake card, I’m talking about a verified customer lying.

Today, I was corresponding with a customer who wrote in, unhappy with one of our policies. I wrote a reply within 20 minutes explaining why our policy existing, but as soon as I hit “send,” I noticed a mail for 2checkout saying that the order had been refunded! The explanation – the customer claimed she hadn’t made the order.

I know this to be untrue, because I was just corresponding with her! I wrote to 2checkout about this, asking them to investigate, entered comments in the order details, wrote to them again, and I have received no reply.

I guess it’s always the merchant who has to pay for fraud. I would have given the customer a partial refund, but I never had the chance. 2checkout unilaterally reached into my pocket for me!

I wouldn’t use the forum to air this complaint except that 2checkout hasn’t bothered to respond.

Has anyone had similar experiences?

Mike

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