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Cancellation service #1 in Singapore
2Checkout (operating as Verifone Payments and historically Avangate) is a global payment platform that enables businesses to accept online payments, manage subscriptions, and handle digital and physical goods sales.
The service acts as a payment processor and, in many cases, the Merchant of Record for sellers, providing billing, tax handling and checkout infrastructure.
Depending on the region and agreement, 2Checkout services are provided by Verifone Payments BV or related entities; this affects billing, refunds and legal contact points.
For customers and merchants, it's important to check the contract and account settings to confirm which entity is handling your transactions and disputes.
Cancellation typically prevents future automatic renewals but does not always immediately remove access; access may continue until the paid period ends.
Always check the subscription details or merchant terms to confirm whether service remains until period end or is terminated immediately.
After cancellation you should receive confirmation; billing stops for future cycles but prior charges remain subject to refund policies.
Account and transaction records are retained according to 2Checkout/Verifone terms and applicable laws; request copies if required for disputes.
Refunds are handled per 2Checkout/merchant refund policies and are not guaranteed automatically on cancellation.
Merchants typically control refund eligibility; 2Checkout publishes its refund and chargeback rules that apply to processing and settlement.
See 2Checkout's refund rules: 2Checkout Refund Policy.
| Plan | Price | Period | Features |
|---|---|---|---|
| 2Sell | 3.5% + US$0.35 per transaction | Per transaction | Standard pay-as-you-go plan for digital & physical goods |
| 2Subscribe | 4.5% + US$0.45 per transaction | Per transaction | Subscription billing plan |
| 2Monetize | 6.0% + US$0.60 per transaction | Per transaction | Digital-goods focused plan, no cross-border fee |
| Platform fee (reported) | US$35.00 per month | Monthly | Platform access fee - reported by users |
Official 2Checkout documentation lists pricing in USD and percentages; there is no published SGD pricing for Singapore.
Users have reported a US$35 monthly platform fee starting Feb 2025; this fee is not listed on official pages. Currency conversion to SGD depends on settlement exchange rates.
Singapore consumers are protected against unfair trading practices and false representation under local consumer protection laws.
Rights to a refund depend on the contract and whether goods/services were defective, misrepresented, or failed to meet described standards.
Many customers report reliable payment processing, wide international payment method coverage, and useful subscription tools for merchants.
Some merchants value 2Checkout's all-in-one billing and tax handling when selling internationally.
Public reviews show mixed feedback on support responsiveness, disputed refunds, and billing or settlement transparency.
Users have reported surprise fees (reported platform fee) and delays in dispute resolution; see reviews for more detail: Trustpilot - secure.2checkout.com.
Waiting until after a renewal date is a frequent mistake; cancellations should be made well before the next billing cycle to avoid unexpected charges.
Also, failing to save cancellation confirmations can make disputes harder to resolve.
Contacting the wrong party (merchant vs. 2Checkout/Verifone) or omitting key transaction details delays resolution.
Assuming refunds are automatic on cancellation is risky; always request written confirmation and check the merchant's refund policy.
Below is a concise comparison of the main plans and what to expect about fees, best use and typical refund/cancellation characteristics.
Pick a plan based on your product type (one-time vs subscriptions), expected cross-border sales and tolerance for platform fees.
| Plan | Main fee | Best for | Cancellation & refunds |
|---|---|---|---|
| 2Sell | 3.5% + US$0.35 per transaction | One-time sales of digital & physical goods | Cancel orders/subscriptions via account; refunds at merchant discretion |
| 2Subscribe | 4.5% + US$0.45 per transaction | Recurring subscriptions and billing | Cancel subscriptions to stop renewals; refunds depend on merchant terms |
| 2Monetize | 6.0% + US$0.60 per transaction | Digital-goods sellers seeking no cross-border fee | Same cancellation path; check digital-content refund rules |
| Platform fee (reported) | US$35.00 per month | Platform access (reported by users) | Reported charge; verify with account statements and support |
Save any confirmation emails or screenshots showing subscription cancellation and the date it will stop renewing.
Monitor your card/bank statements for any unexpected post-cancellation charges and note transaction IDs.
The primary Merchant of Record for 2Checkout services is Verifone Payments BV (2Checkout). Confirm the specific entity on your invoice or agreement.
P.O. Box 11334, 1001 GH Amsterdam, Netherlands
If you need to send legal notices, use the addressing information on your contract or invoice to ensure it reaches the correct Verifone/2Checkout entity. Reviews and user reports are viewable on public review pages such as Trustpilot.
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Written by Wei Jie Tan
Regulatory watch · 3 years experience
Legal analyst tracking eIDAS, GDPR and electronic delivery regulations for 3 years to make sure every Postclic template is compliant and admissible in court.