AvanGate is a cloud-based business management platform that was originally designed as a digital commerce software solution tailored for businesses and organizations in the software and technology industry. The cloud-based software helps to simplify your company’s global eCommerce to substantially increase your software sales, SaaS (Software-as-a-Service) sales, or digital goods sales.
Back in 2017, the digital commerce solutions provider AvanGate purchased an eCommerce payment gateway platform called 2Checkout, effectively transforming AvanGate from a digital commerce solution specifically tailored for companies in the software and technology industry to a more comprehensive eCommerce and payments solution more capable of serving a larger market.
AvanGate (now 2Checkout) Features
AvanGate, which is now known and marketed as 2Checkout, is an eCommerce software solution that caters to online service providers, software solutions companies, and SaaS companies, facilitating global payments management, digital commerce, and subscription billing processes for both direct and channel sales. The software solution is powered by a cloud-based platform and provides digital businesses the help they need to maximize customer value and increase global market reach.
The cloud-based software solution comes with a wide variety of features, including an eCommerce manager, channel manager, affiliate management solution, subscription billing, and more. The channel manager tool assists in revenue management by facilitating certain processes, including bulk ordering, billing and payments, license fulfillment, and so on.
The channel manager feature also helps users to effectively manage partner engagement through proper configuration of partner tiers, margins, and credit limits for both old and new renewals using its partner control panel. It also helps in the management process of partner databases by providing users with pre-defined templates for sales and legal information and contact details.
The billing plans available with AvanGate (now 2Checkout) can be customized to suit the company or end-user billing model, which can be among three things—one-time payment, recurring, or usage-based billing. A web-based eCommerce solution, it also comes with reporting and analytics features that allow users to access different aspects of their business, including attrition rates, analyzing churn, and customer trends.
AvanGate Benefits
AvanGate (now 2Checkout) is a global eCommerce and subscription billing solution that helps to maximize revenue for SaaS providers, software companies, and digital solutions providers. It offers a number of advantages to small and medium-sized businesses, as well as large enterprises that cater to international markets online.
Increase Your Company’s Global Online Sales
The cloud-based solution is tailored to help companies simplify eCommerce so that they can grow their digital business globally with ease and efficiency. By way of automation, configurable workflows, self-service controls, and a plethora of global payment and currency options, AvanGate works to minimize the complexities and sophistication of order management, subscription management, global sales and payments, taxation, billing, and compliance processes.
AvanGate (now 2Checkout) allows companies to:
- Enter any international market without having to worry about the complex processes normally associated with conducting business in different jurisdictions, which include tax handling and compliance, local customer support, risk, and fraud prevention.
- Set up their entire online business and get it ready for a global market within days, allowing them to support multiple currencies, languages, and local payment portals.
- Sell their digital products, provide quality service, and renew plans and subscriptions across any channel and any time zone in the global marketplace.
- Create and launch new business models quickly and efficiently, be it trials, pay-as-you-go, subscription-based, freemiums, or on-demand business models.
- Avoid reliance on third-party payment gateways and regional payment processors since AvanGate now has the 2Checkout payment gateway solution and a smart payment routing system.
Accelerate Your Time to Market
AvanGate (now 2Checkout) offers an all-in-one eCommerce solution with self-service features and other capabilities that allow users to get their business up and running within just days, instead of months. It also allows them to optimize revenues, simplify processes, scale business operations, and minimize commerce expenses.
Additionally, the web-based eCommerce solution also empowers business users and customer representatives to easily manage and optimize their day-to-day tasks without the need for specialized training or IT support.
Integrate Subscription Management and Recurring Billing
AvanGate (now 2Checkout) offers a robust subscription management and recurring billing solution that enables businesses and service providers the ability to provide their customers a hassle-free and satisfactory user experience. All of this allows you to strengthen customer relationships, which in turn lets you build long-term recurring revenue.
Maximize Customer Lifetime Value
The digital commerce lifecycle—from acquisition through renewals—consists of a myriad of customer interactions. The online-based eCommerce solution provides companies with the tools they need to polish and standardize strategies, including marketing, conversion, and retention, which in turn allow them to deliver the appropriate experience and engagement at the most opportune moment.
AvanGate Pricing
AvanGate (now 2Checkout) has three variants of their product for interested companies and organizations to choose from.
Growth Edition – 3.99% + $0.99 (includes merchant account and payment processing fees):
- Limited to 15K USD per month
- Sell online rapidly
- Support payments with Visa, MasterCard, and PayPal globally
- Fraud and risk management
- Subscription billing
- USD or EUR payout currencies
- Email and live chat support
Standard Edition – 4.9% + $2.5(min $2.5) or 8% (includes merchant account and payment processing fees):
- No revenue limit
- Advanced shopping cart
- Subscription billing and metering
- 60+ billing currencies with up to 28 payment methods
- More than 50K affiliates
- A/B testing and lead management
- Phone, email, and live chat support
Enterprise Edition – Custom pricing (contact sales team for quote):
- Includes everything from Standard Edition
- Advanced subscription billing
- Complete marketing services
- Multi-channel digital commerce
- Advanced brand experience
- Integrated distribution and payments
- Managed services and support
- Dedicated expertise
Interested parties may visit the AvanGate official website for more information about the product and the different pricing plans available, including the features and tools that come with each of the three different plans.
Conclusion
AvanGate (now 2Checkout) is an eCommerce software solution that offers global payments and distribution, integrated eCommerce, and subscription billing to help minimize the waiting time for merchant accounts, risk approval, and so on.
The cloud-based eCommerce solution is clearly designed to allow businesses to maximize their customer value, expand their market reach, and increase their sales and revenue. It does all of these well, making it one of the more appealing options.
