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Avangate Acquires 2Checkout to Expand Payment Flexibility and Broaden Market Reach
Combined company will bring a unique combination of eCommerce and subscription management solutions to market through various payment models across the globe.
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Why Choose Avangate?
The Global eCommerce and Subscription Billing Platform that Maximizes Revenue for Software, SaaS and Digital Solutions
As a SaaS company with an international customer base of over 4,000 SaaS and digital products companies, we are experts in building and growing digital businesses on a global scale. For over 10 years, we've helped businesses like yours sell more digital products and services and increase the lifetime value of their customers quickly and easily all over the world.
Why Choose Avangate?
Increase Your Global Online Sales
We simplify eCommerce to help you grow your digital business worldwide. Through automation, self-service controls, easily configurable workflows and hundreds of global payment and currency options, Avangate reduces the complexity of global sales, payments, order management, subscription management, taxation, billing and compliance. Avangate enables you to:
- Set up your entire global online store in days (supporting 130 currencies, 33 languages and 45+ local payment methods)
- Enter any global market at will by removing the complexity of conducting business in multiple jurisdictions (VAT, tax handling, local customer support, risk and fraud prevention)
- Launch new business models instantly (trials, freemiums, pay-as-you-go, subscriptions, on demand)
- Sell, service and renew across any channel and any time zone
- Eliminate the need to choose payment gateways and regional processors with Avangate's multiple payment processors and intelligent payment routing system
Case Study:
Read how Absolute increased trial conversion rates 5 fold, improved revenue and reduced churn by 40%.
Maximize Customer Lifetime Value
From acquisition through renewals, the digital commerce lifecycle consists of thousands of customer interaction points. Avangate gives you the marketing, conversion, and retention tools you need to deliver the right experience and engagement at the right moment.
- Manage customers across the entire commerce lifecycle: acquire, activate, upgrade, up-sell, renew and retain
- Recover lost revenue from abandoned carts, declined payments, chargebacks, refunds and expand your geographic coverage
- Optimize acquisition strategies to increase conversions and average order values with powerful, built-in merchandising, promotions, A/B testing and more.
- Maximize recurring revenues with industry-leading authorization and retention tools and strategies
Case Study:
123ContactForm obtained a 19% revenue uplift from optimized online sales and increased client retention by 15-20%.
Accelerate Time to Market
With Avangate's all-in-one eCommerce and self-service features you can get started in days, not months, while optimizing revenues, simplifying and scaling operations, and reducing your commerce costs. Furthermore, your business users and customer representatives are empowered to manage and optimize their daily work without any IT support.
- Quickly set up stores and product catalogs with a single integrated platform. Improve your time to revenue with embedded eCommerce and subscriptions management best practices flows and advanced marketing tools
- Iterate and adapt to changing business conditions with quick and easy product configurations
- Reduce back-office costs with included merchant services. Outsource your international tax and payments compliance, adapt to regional regulations, take no PCI risks
- Use our rich API set and built-in interoperability to easily integrate with your existing business applications and systems
Case Study:
Read how Kaspersky Lab accelerated online global expansion in several emerging markets.
Integrated Subscription Management and Recurring Billing
Avangate's powerful subscription management and recurring billing solution lets you give customers the frictionless, no-hassle experience they demand. Build long-term recurring revenue by strengthening customer relationships.
- Quickly set up and configure your billing plans to match your business model (one-time, recurring, usage-based, different subscription terms - all on the fly)
- Enhance the buying experience with optimization and advanced APIs
- Take advantage of seamless subscription lifecycle management to increase retention and efficiency (proration, co-terminations, upgrades, renewals)
- Adapt pricing, invoicing, discounts and licensing to meet local customer needs, globally
- Manage subscriptions and gain insight at a glance into customer and subscription details, stats and history. Revenue recovery suite and churn prevention tools will give you full control over your customer's lifetime value.
Case Study:
Read how HideMyAss increased subscriptions retention revenue by 18% for its HMA brand.
Leverage New Distribution Channels
Affiliate and reseller networks allow you to quickly expand your reach and master new markets.
Avangate's automated channel solutions make it easy to set up and run a successful partner or affiliate program anywhere in the world.
- Partner with global resellers and affiliates to increase sales without expanding your sales force
- Leverage Avangate's thousands of strong software-focused affiliates to build your brand
- Use automation and self-service controls to add new partners and affiliates and manage every aspect of your programs
- Take advantage of our advanced analytics and reporting to gain insights and optimize your channels' performance
Trusted Industry Leader
Software companies like yours need a global and trusted partner to keep them ahead of today's challenging market, help increase revenues and grow their businesses online. Avangate has been doing this successfully for thousands of companies -- including some of the world's leading digital businesses -- for more than ten years.
- Over 4,000 of the most demanding digital businesses in over 180 countries trust Avangate to regularly handle millions of secure worldwide transactions
- Benefit of unmatched expertise & best practices from our eCommerce experts
- Powerful protection from risk and fraud with an effective combination of a proprietary fraud scanning process and careful human review
- First in class support team and structure with a legendary reputation for account service excellence
- Avangate's leadership and continuous innovation has been recognized through over 50 prestigious industry awards and analyst coverages
Case Study:
Read how ABBYY North America was able to enable a major business transformation and increased online sales by more than 30%.
The eCommerce Solution You Need to Boost Your Digital Business
How We Help Customers in Any Role
Executive Management
Technology
Marketing
Product
Legal and Security
Avangate gives you the tools to reach and connect with your future customers ahead of your competition.
Quickly expand into any market with global payments and multichannel distribution. Meet changing customer preferences by adopting new business models on the fly. Maximize revenues and lifetime value by servicing customers at every touch point. And grow your business through continuous iteration and optimization.
With Avangate, you'll instantly acquire a proven, scalable multi-tenant SaaS eCommerce, payments and subscription management capability with little or no additional effort to manage your online business.
Use our rich API set and built-in interoperability to easily integrate with existing business applications and your technology stack. Leverage our self-service controls to give non-technical users the tools they need to act quickly without any IT involvement. And gain the freedom to focus on what you and your team do best while leaving everything else - including, risk, compliance and security - to us. Reduce costs by decommissioning redundant systems or adoption of ancillary services.
Marketing for digital products doesn't end with acquisition.
Avangate gives you the ability to reach across any channel or market and maximize customer value at every stage of the digital commerce lifecycle. Use automation and advanced promotional and marketing tools to drive acquisitions, maximize cross sells and upsells, optimize conversions, increase renewals and reward customer loyalty. With Avangate, you can quickly iterate and experiment and give customers the experience they want at every twist and turn, no matter where your business takes you.
Avangate comes out of the box with every tool and capability you need to get and stay in front of the competition.
Use our configurable templates and self-service controls to quickly launch new stores and products. Take advantage of flexible product packaging and bundling to offer customers the right cross sell, upsell and upgrade offer at every opportunity. Automatically price products for each market with dynamic controls. And lock in long-term recurring revenues by automating renewals and reducing churn.
eCommerce can be complicated and fraught with risk and uncertainty.
Given we typically act as the Merchant of Record, we built a solid financial foundation, PCI compliance, battery of security certifications and international banking and legal relationships, to remove all complexity and doubt from doing business on a global scale. Let us manage tax/VAT, compliance, risk/fraud and other operational details, so you can focus on protecting your products, customers and other core-business related tasks.
Executive Management
Avangate gives you the tools to reach and connect with your future customers ahead of your competition.
Quickly expand into any market with global payments and multichannel distribution. Meet changing customer preferences by adopting new business models on the fly. Maximize revenues and lifetime value by servicing customers at every touch point. And grow your business through continuous iteration and optimization.
Technology
Marketing for digital products doesn't end with acquisition.
Avangate gives you the ability to reach across any channel or market and maximize customer value at every stage of the digital commerce lifecycle. Use automation and advanced promotional and marketing tools to drive acquisitions, maximize cross sells and upsells, optimize conversions, increase renewals and reward customer loyalty. With Avangate, you can quickly iterate and experiment and give customers the experience they want at every twist and turn, no matter where your business takes you.
Marketing
Marketing for digital products doesn't end with acquisition.
Avangate gives you the ability to reach across any channel or market and maximize customer value at every stage of the digital commerce lifecycle. Use automation and advanced promotional and marketing tools to drive acquisitions, maximize cross sells and upsells, optimize conversions, increase renewals and reward customer loyalty. With Avangate, you can quickly iterate and experiment and give customers the experience they want at every twist and turn, no matter where your business takes you.
Product
Avangate comes out of the box with every tool and capability you need to get and stay in front of the competition.
Use our configurable templates and self-service controls to quickly launch new stores and products. Take advantage of flexible product packaging and bundling to offer customers the right cross sell, upsell and upgrade offer at every opportunity. Automatically price products for each market with dynamic controls. And lock in long-term recurring revenues by automating renewals and reducing churn.
Legal and Security
eCommerce can be complicated and fraught with risk and uncertainty.
Given we typically act as the Merchant of Record, we built a solid financial foundation, PCI compliance, battery of security certifications and international banking and legal relationships, to remove all complexity and doubt from doing business on a global scale. Let us manage tax/VAT, compliance, risk/fraud and other operational details, so you can focus on protecting your products, customers and other core-business related tasks.