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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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Expanded CIS Support

Avangate Expanding Support For Software And SaaS Selling In The CIS Region

QIWI and Russian Local Phone Support Number. Sponsorship and Presentations at InfoSecurity Moscow and ISDEF Autumn

Redwood Shores, CA - September 23, 2013 - Avangate, the leading Customer Centric Commerce solution provider trusted by thousands of Software and Cloud Services companies to grow their business worldwide, announced that it is extending its support for the CIS region across multiple areas, starting with additional local payment methods, localized support as well as sponsoring and speaking at major industry events in the region.

QIWI - Kiosk Payments and E-Wallet
Avangate has increased its international payment support with the introduction of QIWI, the largest cash collector via self-service ATM terminals in Russia and CIS. QIWI includes e-wallet capabilities and is available via more than 180,000 cash collection points worldwide, reaching a monthly audience of 80 million users, including 11 million virtual wallets co-branded with Visa. QIWI is a payment application extensively used on popular social networking sites and mobile phones.

Enhanced Localized Shopper and Vendor Support
In order to meet the requirements of CIS based vendors and shoppers, Avangate has recently enhanced Russian language vendor and shopper support as well as introduced a local phone support number for this region.

Industry Event Participation
Avangate will sponsor and speak at two major CIS software industry events: InfoSecurity Russia Sept 25-27 and ISDEF Autumn Sept 26-30, both taking place in Moscow.

"Cloud-Based Solutions: Do You Really Know What You Have Signed Up For?" - Keynote Presentation at InfoSecurity Russia, Thursday Sept 26, 2013.

Presenter: Laurentiu Ghenciu, VP, Eastern Europe Sales at Avangate

Software Networking Dinner - Thursday, Sept 26, 2013 at 1516 Pub & Brewery in Moscow. RSVP here for dinner participation.

"At Avangate we are continuing our commitment towards emerging markets and the CIS is a key region for us," said Joseph Brown, SVP, Worldwide Sales at Avangate. "We take into account the local needs of the market, including vendors' specific business requirements as well as the preferences of shoppers based in this region. As a global commerce provider, we are also looking to provide knowledge on best practices worldwide and help CIS vendors stay ahead of global market changes," added Brown.

To meet the Avangate team at both events, software and cloud services companies are invited to set up an appointment in advance or simply visit the Avangate booth during the shows.

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

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