What is Avangate?
Avangate is an enterprise-grade software solution that aids software, online, and SaaS companies in managing digital commerce, subscription billing, and global payments for channel and direct sales. The software, which is backed by a cloud platform, facilitates digital businesses in expanding their global reach and in maximizing customer value. The solution is used by over 4,000 digital businesses in more than 180 countries, several of which are world renowned brands such as Bitdefender, Kaspersky, Brocade, Absolute Software, and HP Software.
AvanGate 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
Fast path to revenue: Avangate offers global payments and distribution, subscription billing, and integrated e-commerce to reduce waiting time for risk approval, merchant accounts, etc.
Maximum customer value: You can use advanced tools for automatic renewals. Minimizing passive churn affects 5-10% of revenues.
Expand market reach: You can sell in more than 180 countries with multi-currency, global payments, and an integrated affiliate network of more than 50,0000 partners who are focused on software and digital products.
Global Partner: Avangate is used by more than 4,000 SaaS and software companies worldwide, and has global infrastructure and footprint.
More benefits include:
- You can sell more online
- You can go live in days
- It lets you increase channel sales
- You can automate billing and renewals
- It’s possible to optimize your commerce operations
Avangate Pricing and Discount with Promo, Coupon code
The first thing that we noticed, up front, about Avangate was a transparent pricing paradigm. We found that they offer three service levels. In this industry, we sometimes couldn't get pricing information even with a phone-in. Here are the pricing levels we found with Avangate:
- Growth Edition: 3.99% + $.99 per transaction
- Standard Edition: 4.99% + $2.50 per transaction or 8% with minimum of $2.50
- Enterprise Edition: Custom Pricing
The Growth Edition is for large, new companies. We found that there is a $14,500 revenue limit per month. If you reach this transaction amount per month, you don't get billed if you go over your revenue limit. You simply get bumped up to the next revenue package. With other providers in the industry, we found that some large e-commerce providers would charge you a "revenue overage."
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.
