2Checkout
“Can a merchant-of-record commerce platform own global tax, billing, and payments for digital-goods sellers?”
Founded2006
HQAlpharetta, GA, USA (parent Verifone HQ: Coral Springs, FL)
Latest roundAcquired by Verifone (2020)
IndustryInfrastructure / Payments
The story
2Checkout began in 2006 as an online payment processor, was acquired by/merged with Avangate in 2017 to become a merchant-of-record commerce platform for digital goods and SaaS, and was acquired by Verifone in 2020. It now operates two parallel business models under the Verifone Payments umbrella: MoR (Verifone Payments B.V. / Avangate Inc.) where 2Checkout is the seller of record and handles tax remittance globally, and PSP (2Checkout.com Inc.) where the merchant remains seller of record and handles their own tax.
Last 12 months
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Product timeline
2006
Founded as 2Checkout, an online payment processor for digital merchants.· banking
2017
Acquired by Avangate; combined entity rebrands as 2Checkout offering MoR + PSP models.· acquisition
2020
Acquired by Verifone; integrated into Verifone Payments group.· acquisition
2025
Operates dual model — MoR (Verifone Payments BV / Avangate Inc.) and PSP (2Checkout.com Inc.) — with unified commerce, billing, and tax compliance platform.· banking
Acquisitions
Regulated entities
1
regulatory licence held by 2Checkout
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
2 layers disclosed in 2Checkout’s embedded-finance stack
Payments / PSP
2Checkout (self-operated)Verifone Payments (self-operated)
FX & payouts
in the full report
Accounting gap: minor
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.