E-commerce payments company, 2Checkout, has been acquired by global POS provider Verifone, which itself was taken private in 2019 for $3.4b. 2Checkout has more than 17,000 customers.
“Both 2Checkout and Verifone share a vision to simplify modern commerce and enable frictionless experiences,” 2Checkout President and Chief Operating Officer Erich Litch said in a blog post. “More than 14 years ago, 2Checkout embarked on a journey to transform the digital buying and subscribing experience across the globe for companies of all sizes,” he wrote, adding that the company had “helped thousands of clients grow their businesses globally.”