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Avangate Acquires 2Checkout to Expand Payment Flexibility and Broaden Market Reach

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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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Avangate Nominated for CNP Award

Avangate Nominated for CNP Award for Best E-Commerce Platform

May 21, 2013 - By accepting card-not-present (CNP) transactions, organizations may face burdens such as increased fees and greater potential for fraud and chargebacks. The annual CNP Expo, designed to address security and other challenges related to CNP transactions, also showcases vendors who lead the way in supporting secure payments from any device.

Avangate is among an elite group of 40 companies vying for a CNP Award this year, and was nominated in the Best E-Commerce Platform category. The CNP Expo recognizes two winners in each of its award categories: one chosen by customers, and the other selected by a panel of expert judges. All winners will be announced at the CNP Awards Ceremony, which takes place on Wednesday, May 22, during the CNP Expo in Orlando, Florida.

As touchpoints grow to include smartphones, tablets, and other devices, CNP payments are becoming more complicated than ever before. Avangate is pleased to be part of a group of industry leaders working to ensure that merchants can accept secure payments from anywhere and any device without incurring additional, unnecessary risk.

About 2Checkout (formerly Avangate)

2Checkout, a Francisco Partners portfolio company, is the digital commerce & payments provider that helps companies sell their products and services via multiple channels, acquire customers across multiple touch points, increase customer and revenue retention, leverage smarter payment options and subscription billing models, and maximize sales conversion rates. The company’s clients include ABBYY, Absolute, Bitdefender, FICO, HP Software, Kaspersky Lab, and many more companies across the globe.

Avangate acquired 2Checkout in March 2017. More information about 2Checkout’s Avangate platform and related services can be found on www.avangate.com.

More information on 2Checkout can be found on www.2checkout.com

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For media & PR inquiries related to Avangate, please contact:

Delia Ene, Avangate

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