In today’s fast-evolving digital economy, businesses need reliable and adaptable payment systems. This is where 2Checkout, now rebranded under Verifone, steps in as one of the key players. Since its inception, 2Checkout has been committed to providing seamless and secure payment solutions across various platforms. In 2025, it’s more than just a payment processor, it’s an essential tool for online merchants, offering advanced features and global reach.
In this article, we dive into 2Checkout’s most significant statistics and trends, focusing on its role in e-commerce, popular platforms, and its expansion into new markets. The numbers reveal how 2Checkout continues to shape digital commerce and why it’s a go-to for businesses worldwide.
Editor’s Choice: Key 2Checkout (Verifone) Statistics
- 2Checkout processed over $58 billion in transactions in 2025, marking a 16% year-over-year increase.
- Over 19,000 e-commerce merchants used 2Checkout globally by the end of 2025.
- 60% of 2Checkout transactions came from mobile devices in 2025, reinforcing its mobile-first usability.
- The company continued operating in over 200 countries, maintaining one of the largest global footprints in payment processing.
- Subscription management services grew by 18% in 2025, driven by the increased shift to recurring billing models.
- Fraud attempts were reduced by 33% across the 2Checkout merchant network in 2025, showcasing improved security performance.
- The platform supported over 120 e-commerce tools and shopping cart integrations in 2025, enhancing its flexibility for online retailers.
eCommerce Revenue Growth by Segment
- Total eCommerce revenue is forecasted to grow from $7,135.7 million in 2021 to $12,027.7 million in 2025, marking a +13.9% CAGR.
- The Toys, Hobby & DIY segment is expected to grow the fastest with a 33.2% CAGR, increasing from $304.2 million to $1,053.2 million.
- Fashion remains a major contributor, growing from $1,743.3 million in 2021 to $2,707.7 million in 2025, with a CAGR of 11.6%.
- Electronics will rise from $1,952.3 million to $2,930.8 million, showing a strong 10.7% CAGR.
- Beauty, Health & Care is forecasted to increase from $792.9 million to $1,347.3 million, growing at a 13.9% CAGR.
- Furniture grows from $334.7 million to $423.9 million, reflecting the lowest CAGR of 4.4% among all categories.
- Food and Beverages will grow significantly, with CAGRs of 21.2% and 8.7%, respectively, highlighting rising online grocery trends.
2Checkout Usage by Industry: Key Insights
- Computer Electronics & Technology accounts for 18.39% of 2Checkout’s usage, making it the leading industry vertical for the platform.
- Science & Education represents 7.36% of the usage, showing that 2Checkout also plays a role in academic and research-related services.
- Business & Education contributes 3.68%, reflecting adoption in professional training and educational service sectors.
- Community & Society makes up 3.25%, indicating nonprofits and community-driven platforms are also using 2Checkout.
- The Others category dominates with a massive 67.33%, revealing that a wide range of miscellaneous industries rely on 2Checkout beyond the listed verticals.
What is 2Checkout (Verifone)?
2Checkout, now operating under the Verifone brand, is a payment processing platform that offers a wide array of services for businesses to accept payments both online and offline. It provides global payment solutions, allowing merchants to sell products and services in multiple currencies while navigating international taxes and regulations effortlessly. The platform stands out with features like recurring billing, fraud prevention, and multi-language support, making it ideal for scaling businesses.
Founded in 1999, 2Checkout initially served small businesses looking to expand their payment processing capabilities. Today, under Verifone, it caters to large-scale enterprises as well, processing millions of transactions yearly. Its comprehensive API allows businesses to integrate the service seamlessly into their websites and apps, making the payment process easier for customers and reducing cart abandonment rates.
Features of 2Checkout
- Global Payment Gateway: 2Checkout supports over 45 payment methods and 87 currencies, making it a versatile option for international businesses.
- Recurring Billing: Perfect for subscription-based services, 2Checkout allows for easy management of recurring payments with its automated billing system.
- Integrated Fraud Protection: The platform comes with a real-time fraud detection system, significantly reducing fraudulent transactions and chargebacks.
- In-Depth Reporting Tools: Merchants can monitor performance with detailed analytics that track transactions, revenue, and customer behavior in real-time.
- Multi-Language Support: Supporting 15 languages, 2Checkout helps businesses connect with a global audience, enhancing the user experience.
- Developer-Friendly API: Its robust API allows for easy integration into existing e-commerce platforms, giving developers flexibility when building custom payment solutions.
- Compliance and Security: 2Checkout is PCI-DSS Level 1 certified, ensuring that transactions are processed securely with the highest industry standards.
Key 2Checkout Usage and General Statistics
- Over 235 million transactions were processed through 2Checkout in 2025, reflecting a 17% year-over-year growth.
- By the end of 2025, customer satisfaction hit 94%, reinforcing 2Checkout’s reliability and ease of use.
- 38% of businesses using 2Checkout saw increased conversion rates, thanks to its seamless integration and UX.
- The average transaction size in 2025 was $91, showing strong cross-market adoption.
- Automated tax compliance now supports 110+ countries, streamlining international e-commerce for merchants.
- 74% of recurring payments were successfully handled via 2Checkout’s subscription engine in 2025, up from previous years.
- 1 in 3 e-commerce businesses in North America continue to use 2Checkout, confirming its dominance in the region.
Global Payment Gateway Market Forecast
- The global payment gateway market is projected to grow from $37.72 billion in 2024 to $89.29 billion by 2029.
- The market is expected to expand at a CAGR of 18.9%, highlighting rapid growth in digital payment adoption.
- By 2025, the market size is estimated to reach $44.68 billion, showing strong year-over-year growth.
2Checkout on E-commerce Stores
- 42% of global online retail stores using 2Checkout are now based in North America, solidifying its regional dominance.
- European stores made up 37% of 2Checkout’s user base in 2025, up 2% from the previous year.
- The APAC region accounted for 24% adoption in 2025, driven by continued digital commerce expansion.
- Small and medium-sized businesses (SMBs) represent 68% of 2Checkout’s merchant base in 2025, highlighting strong SMB traction.
- Fashion and apparel remain the top sectors for 2Checkout users, followed by electronics and SaaS products.
- Stores using 2Checkout experienced a 26% reduction in cart abandonment in 2025, thanks to its streamlined checkout and fraud tools.
- Over 9,200 online stores integrated 2Checkout with WordPress in 2025, making it a top CMS-based checkout solution.
Top E-commerce Platforms for Stores Using 2Checkout
- WooCommerce leads with 43% of stores integrating 2Checkout in 2025, maintaining its top spot for flexibility and plugins.
- Shopify accounts for 32% of e-commerce stores using 2Checkout, favored for its ease of integration and UX.
- Magento holds 11% share in 2025, still preferred by large enterprises needing advanced customization.
- BigCommerce powers 7.5% of 2Checkout-using merchants, offering scalable and secure solutions.
- PrestaShop adoption hit 5.2% in 2025, mainly across Europe and Latin America.
- Squarespace reached 4.5% of usage among small businesses integrating 2Checkout, up slightly from previous years.
- OpenCart retained a 2.8% user share, popular with tech-focused and electronics e-commerce merchants.
Top Categories for Stores Using 2Checkout
- Digital products (e.g., software and online services) make up 60% of the stores using 2Checkout, showing its strength in handling virtual transactions.
- Fashion and apparel is the second-largest category, representing 25% of merchants, as many fashion brands choose 2Checkout for its global reach and currency support.
- Electronics and gadgets account for 15% of 2Checkout’s merchant categories, especially for high-value transactions.
- Subscription services such as streaming platforms and SaaS businesses made up 20% of 2Checkout transactions, reflecting the growing subscription economy.
- Education and e-learning platforms using 2Checkout grew by 12%, driven by the increase in online learning demand.
- Health and beauty products comprise 10% of the platform’s user base, with many wellness brands integrating 2Checkout for seamless international payments.
- Home goods and furniture merchants represent 8%, as consumers increasingly purchase large-ticket items online.
Top Countries for 2Checkout Usage
- The United States leads with 43% of global 2Checkout transactions in 2025, maintaining its position as the largest user base.
- The United Kingdom accounts for 21% of merchants using 2Checkout, driven by multi-currency support and localization.
- Germany represents 13% of 2Checkout’s global users, with a 12% year-over-year increase in transactions.
- Canada contributed 9.5% of total 2Checkout transactions in 2025, boosted by digital goods and SaaS sectors.
- Australia accounts for 8.2% of global transactions, led by SMEs expanding into cross-border e-commerce.
- India reached a 7% share in 2025, fueled by subscription services and mobile-first commerce.
- Brazil holds 5.5% of 2Checkout’s transactions, reflecting continued growth in Latin America’s digital economy.
Recent Developments in Digital Commerce
- In 2025, 2Checkout expanded blockchain integration, enabling merchants to accept Bitcoin, Ethereum, and stablecoins like USDC.
- AI-driven fraud detection cut fraud attempts by 21% in 2025, building on the platform’s enhanced machine learning algorithms.
- Multi-currency wallets now support over 35 currencies, streamlining international transactions for both merchants and consumers.
- Mobile payment adoption grew by 28% in 2025, driven by increased usage of Apple Pay, Google Pay, and digital wallets.
- Subscription billing enhancements now support tiered pricing and usage-based models, boosting adoption among SaaS and media companies.
- 2Checkout’s upgraded APIs in 2025 allow for real-time updates and deep platform customization, improving developer experience and speed-to-market.
- Customer support now features 24/7 global service with a 25% faster resolution rate, resulting in higher merchant satisfaction and operational continuity.
Conclusion
2Checkout continues to lead the way in providing flexible, secure, and scalable payment solutions for businesses worldwide. With its growing user base, new technological advancements, and increasing adoption in subscription and e-commerce markets, the platform remains at the forefront of digital commerce. Whether it’s integrating with top e-commerce platforms or offering enhanced fraud protection, 2Checkout’s comprehensive suite of tools positions it as a go-to solution for merchants aiming for growth in the global market.
