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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 adds New Payment Methods for European Countries

Popular payment methods DIRECTebanking.com and Carte Bleue can now be used to buy software securely online from Avangate vendors
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Carte Bleue Direct eBankingAmstelveen, The Netherlands - June 09, 2009 - Avangate, full service provider of electronic software distribution and reseller management solutions for software vendors, announced the introduction of additional payment methods for European customers: DIRECTebanking.com or sofortuberweisung.de for Germany, Austria, Switzerland and The Netherlands and Carte Bleue for France.

"We are constantly adding payment methods to respond to buyers’ preferences and vendors' requirements, following our strategy of providing localized services and solutions that ultimately help software vendors boost sales through increased customer satisfaction and better conversion rates. Introducing DIRECTebanking.com and Carte Bleue is a plus for vendors selling software in Europe as both types of payment methods are very popular in their corresponding countries." noted Laurentiu Ghenciu, VP of Sales and Marketing for Avangate.

DirecteBanking.com - a bank transfer with instant notification - offers clear advantages for software vendors such as cost savings, optimization of payment processes, liquidity and risk management. Buyers profit from a payment service that is easy to use, secure and from faster delivery than with classic wire transfer. Carte Bleue ("Blue Card") is a major debit card payment scheme operating in France.

More information about these payment methods: https://www.payment-network.com/ and http://www.carte-bleue.com/ (in French).

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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