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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Increased Business Efficiency
Software Vendors Make Fast and Informed Decisions with Avangate Business Dynamics
Hundreds of custom reports and other Avangate eCommerce platform enhancements increase clients’ business efficiency
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Amstelveen, The Netherlands – June 30th, 2010 – Avangate, full service provider of electronic software distribution and partner management solutions for software vendors, announced today several platform enhancements meant to improve clients’ business efficiency and ability to react fast to market requirements.
“The world of online software sales is extremely dynamic and high-paced: from decision making, implementation, to product delivery”, commented Daniel Nicolescu, Chief Product Officer at Avangate. “To help our clients ride on the fast lane, Avangate is continuously working on improving the infrastructure and loading speed of our platform, shopping cart etc. and at the same time on offering tools and services that help them make quick, informed decisions and promptly serve end-customers. This is what the current launch is about.”
The release includes:
- The Avangate Business Dynamics Module - offers software vendors extra flexibility in accommodating diverse reporting needs for all managerial and operational areas.
Clients can now build tens and hundreds of custom reports and look at very specific KPIs to assess their business performance and identify areas for improvement.
This development adds to the wide variety of default real time reports already available in the Avangate CPanel – such as financial, order statistics, sales source or A/B testing - making the Avangate reporting module one of the most powerful in the electronic software distribution industry.
- Instant Electronic Delivery - gives buyers the option to download and activate the purchased software instantly, right at the end of the shopping session, not having to wait to check their email.
This additional delivery method increases customer satisfaction and reduces support incidents while automatic anti-fraud screening keeps customers safe from fraud.
- API Enhancements – software vendors stay in full control of their business via various APIs that enable synchronization of the Avangate eCommerce platform with clients’ back-end systems – CRMs, ERPs – allowing for complete business automation and flexibility.
- Global distribution via high-performance local servers – to ensure the highest possible loading speed and connectivity, the Avangate platform delivers information via a worldwide content delivery network, enabling global software businesses to provide a fast, seamless and locally relevant service to end-customers.
More developments regarding improved localization capabilities will soon be announced by the Netherlands-based eCommerce provider for the software industry.
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
Media Contact
For media & PR inquiries related to Avangate, please contact:
Delia Ene, Avangate
Phone: +31 20 890 8080
Email:
press@avangate.com
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