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2Checkout - Overview as a Payment Processor Posted By : Robin K

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Actually, to just use the words 'Payment Processor' and '2Checkout' in the same sentence is liable to get you into trouble. 2Checkout is very sensitive about who they are and what type of service they provide. They do not see themselves as a 'Payment Processor'. They are an 'Authorized reseller/retailer' of your products and services. So in essence, you sell your products to them and they sell it, for a 5.5% commission fee, on to someone else. The fact that the 'someone else' was someone who landed up on YOUR site and wanted to buy YOUR product is beside the point!

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