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TSYS Payment Gateway vs. 2Checkout from Verifone

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    TSYS Payment Gateway

    Score1.8 out of 10
    N/ATSYS headquartered in Columbus, Georgia offers as part of the company's merchant services a payment gateway, as well as other ancillary services.N/A

    2Checkout from Verifone

    Score8.6 out of 10
    N/AThe 2Checkout Monetization Platform, now from Verifone (acquired September 2020) is designed to address the complexity of online commerce, subscription billing, and global payments for software, SaaS and online services companies. The vendor says that their solution is backed by: a proven cloud platform, unmatched expertise and a depth of digital commerce services. The vendor’s value proposition is that their solution simplifies the complexities that online merchants face when expanding and…N/A
    Pricing
    TSYS Payment Gateway2Checkout from Verifone
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    TSYS Payment Gateway2Checkout from Verifone
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeOptionalNo setup fee
    Additional Details2SELL - 3.5% + 0.30 EUR per successful sale 2SUBSCRIBE - 4.5% + 0.40 EUR per successful sale 2MONETIZE - 6.0% + 0.50 EUR per successful sale
    More Pricing Information
    Features
    TSYS Payment Gateway2Checkout from Verifone
    Payment Gateways
    Comparison of Payment Gateways features of TSYS Payment Gateway and 2Checkout from Verifone
    Feature
    TSYS Payment Gateway
    1.0
    1 Ratings
    152% below category average
    2Checkout from Verifone
    -
    Ratings
    Recurring Payment Support1.01 Ratings00 Ratings
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    TSYS Payment Gateway2Checkout from Verifone
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    All AlternativesView all alternativesView all alternatives
    User Ratings
    TSYS Payment Gateway2Checkout from Verifone
    Likelihood to Recommend
    1.0
    (4 ratings)
    8.2
    (6 ratings)
    Usability
    -
    (0 ratings)
    1.0
    (1 ratings)
    User Testimonials
    TSYS Payment Gateway2Checkout from Verifone
    Likelihood to Recommend
    TSYS
    None. This is the worst company I have ever worked with. We will never recommend or even think about doing business with them again.
    Read full review
    Verifone
    2Checkout Monetization Platform is well suited for emerging SaaS businesses because along with payment processing, they offer you exposure to Affiliates and make electronic code delivery easy. The dashboard is cumbersome and reporting graphs/options are not easy to comprehend so it might become trouble when the business grows and you want to show it to venture capitalists or any investor/buyer.
    Incentivized
    Read full review
    Pros
    TSYS
    • Generates detailed reports
    • Allows for multiple users to access at one time
    • Easy to read statements
    Incentivized
    Read full review
    Verifone
    • 2Checkout handles credit cards that I would not be able to accept from my country.
    • Fraud prevention works. They saved me a couple of times and I appreciate that.
    • I always received my payments on time. I never had to complain.
    Incentivized
    Read full review
    Cons
    TSYS
    • Stop taking away my ability to use debit cards
    • 7% is outrageous. I can't continue at this rate
    • In my opinion, the yearly fee is an obvious profit grab. Discontinue it.
    Incentivized
    Read full review
    Verifone
    • In the 2Checkout dashboard, searching for transactions is a bit awkward
    • I wish there were more reports available for me in the 2Checkout dashboard
    Read full review
    Usability
    TSYS
    No answers on this topic
    Verifone
    It is surreal. Everything feels like they don't really want you to use them. I had to beg them to approve my account because of stupid approval questions. Example: give ONE url where payments will come from. (my payments will come from a page inside my webapp which means absolutely nothing to users who don't have a user in my webapp. I also have many URLs where the users can pay from) Then their API is super complicated to use. I couldn't believe how complicated it is. It is not well explained in the documentation and you have to guess until you understand the underlying logic. I wouldn't use it if I Stripe was available in my country.
    Incentivized
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    Alternatives Considered
    TSYS
    Clover and square were up front with all fees. [I think] TSYS will try to sell you their product saying medical credit card processing has to be HIPAA complaint. [I feel] [this] is [not] true. They will say they don't have a minimum processing fee. [I feel] [this] is also not true.
    Read full review
    Verifone
    Avangate digital commerce is the only available leading payment gateway service provider for Sri Lankans. That is the main reason to choose Avangate for my web store. It's easy and cost-effective and easy to use as a payment gateway service provider overall. Pricing, customer care, payout process and reporting is very good at Avangate.
    Incentivized
    Read full review
    Return on Investment
    TSYS
    • Positive impact on work flow- employees can quickly cross-reference reports to close out the day
    • TSYS can be expensive. We are considering alternatives as we continue to improve our practice.
    • More than one employee can be logged in at one time allowing for responsibilities to be shared to help with work flow and productivity.
    Incentivized
    Read full review
    Verifone
    • I now get excellent customer service as compared to when I was with PayPal
    • I no longer have to subject my customers to the pain of maintaining a PayPal account
    • 2Checkout allows me to offer the same service as any large company and I'm a 1 man show
    Read full review
    ScreenShots