Software Alternatives, Accelerators & Startups

Verifone VS Authorize.net

Compare Verifone VS Authorize.net and see what are their differences

Verifone logo Verifone

Verifone (formerly 2Checkout) is a third-party payment platform that allows businesses to accept both mobile and online payments from customers around the globe.

Authorize.net logo Authorize.net

Payment gateway enables internet merchants to accept online payments via credit card and e-check.
  • Verifone Landing page
    Landing page //
    2023-09-16
  • Authorize.net Landing page
    Landing page //
    2022-10-26

Verifone features and specs

  • Global Reach
    2Checkout supports a wide range of currencies and payment methods, allowing businesses to cater to a global audience. This can be particularly beneficial for companies looking to expand internationally.
  • Versatile Payment Methods
    2Checkout accepts various payment methods, including credit cards, PayPal, and local payment options. This versatility can help increase conversion rates by accommodating customer preferences.
  • Comprehensive Features
    2Checkout offers a robust set of features, including recurring billing, fraud protection, and customizable checkout options. These features provide a seamless checkout experience for customers and protect businesses from fraudulent transactions.
  • Easy Integration
    The platform offers a range of integration options with major eCommerce platforms and APIs, making it relatively easy to set up and customize for business needs.
  • Good Reporting Tools
    2Checkout provides detailed reporting and analytics tools that help businesses monitor sales, revenues, and customer behavior. These insights can be valuable for strategic decision-making.

Possible disadvantages of Verifone

  • Higher Fees
    2Checkout tends to have higher transaction fees compared to some other payment gateways, which can affect the profitability of small businesses or those with a high volume of transactions.
  • Customer Support
    Some users report that the customer support can be slow or unresponsive at times. Efficient customer support is crucial for resolving issues promptly and maintaining business operations.
  • Complex Pricing Structure
    The platform's pricing structure can be somewhat complex and may include hidden fees, making it challenging for businesses to predict and manage costs accurately.
  • Limited Customization
    While 2Checkout offers customizable checkout options, some businesses find the level of customization limited, especially when compared to other more flexible payment gateways.
  • Delayed Payouts
    Some users have reported that payout times can be slower than expected, which can affect cash flow management for businesses that rely on timely revenue collection.

Authorize.net features and specs

  • Wide Acceptance and Trust
    Authorize.net is one of the most established payment gateways on the market, leading to high trust and wide acceptance among merchants and customers alike.
  • Comprehensive Support
    They offer 24/7 customer support through phone, chat, and email, ensuring that your business can receive assistance at any time.
  • Versatility
    The platform supports a wide range of payment methods, including credit cards, eChecks, and digital payments like Apple Pay and PayPal.
  • Security
    Authorize.net provides advanced fraud detection and security features, such as AVS (Address Verification Service), CVV2, and IP filtering.
  • Developer Tools
    They offer robust APIs and an extensive range of developer tools to facilitate custom integrations and application development.
  • Recurring Billing
    Authorize.net supports recurring billing, making it easier for businesses offering subscription services to manage payments.

Possible disadvantages of Authorize.net

  • Cost
    Authorize.net charges a monthly gateway fee, per-transaction fee, and a daily batch fee, which can add up, especially for smaller businesses.
  • Complex Setup
    Setting up Authorize.net can be complicated for non-technical users, requiring some level of technical expertise to configure properly.
  • Limited International Support
    Authorize.net's international support is limited, making it less ideal for businesses looking to operate in multiple countries.
  • Account Approval Process
    The approval process for setting up an Authorize.net account can be lengthy and requires thorough documentation, which could be a drawback for businesses needing a quick setup.
  • Interface Usability
    Some users find the user interface to be outdated and less intuitive compared to newer payment gateways.

Analysis of Verifone

Overall verdict

  • Verifone is generally considered a solid choice for businesses that require a comprehensive payment solution with strong global capabilities. It is trusted by many users for its flexibility and robust security features. However, some users may find its fee structure higher compared to other providers, which should be considered when evaluating its value.

Why this product is good

  • Verifone (formerly known as 2Checkout) is a well-established payment service provider known for its global reach and versatility. It offers a robust platform for handling online payments, subscriptions, and global taxes, making it a popular choice for businesses looking to expand internationally. With a wide range of payment options and strong security measures, Verifone provides a reliable solution for managing transactions efficiently.

Recommended for

  • Businesses seeking a global payment solution with multi-currency support.
  • Companies needing a secure and reliable platform for handling subscriptions and recurring billing.
  • Merchants requiring extensive customization and integration capabilities with other eCommerce platforms.

Analysis of Authorize.net

Overall verdict

  • Yes, Authorize.net is generally regarded as a good option for businesses looking for a secure and reliable payment gateway. It has a long-standing history in the industry and offers comprehensive features that cater to online and in-person payment processing needs.

Why this product is good

  • Authorize.net is considered a reputable payment gateway service due to its reliability, security features, and extensive support options. It offers robust fraud detection, a wide range of payment method support, and an easy-to-use interface, making it a popular choice for businesses of different sizes.

Recommended for

  • Small to medium-sized businesses seeking a reliable payment gateway.
  • E-commerce platforms that require robust fraud detection and security features.
  • Merchants who need to process a variety of payment types, including credit cards and digital payments.
  • Businesses looking for customizable payment solutions with strong customer support.

Verifone videos

2Checkout: The Good, The Bad and The Ugly

More videos:

  • Tutorial - How To Get Your 2Checkout Account Approved For Dropshipping | #62
  • Tutorial - How To Use 2Checkout To Process Payments On Your Shopify Store

Authorize.net videos

PayPal VS Stripe VS Authorize.net?

More videos:

  • Review - Authorize.Net: The Good, The Bad and The Ugly
  • Review - Authorize.net Review Video

Category Popularity

0-100% (relative to Verifone and Authorize.net)
eCommerce
100 100%
0% 0
Online Payments
37 37%
63% 63
Payment Platform
48 48%
52% 52
eCommerce Platform
100 100%
0% 0

User comments

Share your experience with using Verifone and Authorize.net. For example, how are they different and which one is better?
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Social recommendations and mentions

Based on our record, Authorize.net seems to be a lot more popular than Verifone. While we know about 100 links to Authorize.net, we've tracked only 1 mention of Verifone. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Verifone mentions (1)

Authorize.net mentions (100)

  • Authorize.net Plugin Magento2
    I think magento use to come standard with a plugin for authorize.net, but either way I need the official plugin (if one is still maintained) to connect magento2 to authorize.net for payments. Source: over 1 year ago
  • Html, JSON, and Filemaker
    I have a form which can accept payments. The form is hosted by jotform which puts the payment information (collected by an authorize.net widget) into JSON and sends it into my database. Source: almost 2 years ago
  • Tired of Stripe and willing to do ACH
    Your local bank likely offers them and they can eb tied to authorize.net, or NMI perhaps. They should be able to help you through that entire process depending on how the accounts get onboarded. Askl your local coffee shop and etc where they get the credit card processing from. Source: almost 2 years ago
  • What are the recommended online payment gateway integrations?
    Authorize.net as a gateway for example charges about $15/month by it self before any merchant account is linked. Paytrace is a little cheaper and does not have some extra fees authorize.net has. Source: almost 2 years ago
  • authorize.net API response code brainstorm
    Does anyone have any experience with authorize.net API return codes? Source: almost 2 years ago
View more

What are some alternatives?

When comparing Verifone and Authorize.net, you can also consider the following products

Shopify - Shopify is a powerful ecommerce platform that includes everything you need to create an online store and sell online. Try it free for 14 days.

PayPal - PayPal is the faster, safer way to pay online without sharing financial details, send and receive money or accept credit and debit cards as a seller

WooCommerce - A freely available eCommerce plugin that enables shop facilities on your WordPress website. Functionality enabling extensions & beautiful themes available.

Stripe - Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes. Use Stripe’s payment platform to accept and process payments online for easy-to-use commerce solutions.

Chargebee - Chargebee lets you manage subscriptions and payments at scale, handle custom recurring billing scenarios, reduce subscription churn and simplify accounting.

PayPal Braintree - An all-in-one solution to accept, process, and split payments in your mobile app or online - from small business to large enterprise.