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ATLANTA, Feb. 28, 2019 (GLOBE NEWSWIRE) -- 2Checkout, the leading all-in-one monetization platform for global businesses, today announces it has been named to the Constellation ShortList for Smart Services Digital Monetization Platforms, Q1 2019. Among industry leaders, 2Checkout continues to rank highly in evaluations due to its its flexibility and support for various business models. 2Checkout and its Avangate Monetization Platform have been on a Constellation ShortList for several years running.
As the subscription economy grows and digital business models multiply, companies need a powerful new type of solution known as a Smart Services Digital Monetization Platform. Legacy systems cannot support the depth and breadth of subscriptions, consumption-based models and individual transactions needed for the subscription economy.
The Constellation ShortList ranks technology vendors in market categories that matter, including digital monetization, based on conversations with early adopter clients, independent analysis and briefings with partners and vendors. The 14 criteria evaluated for digital monetization platforms include account management, billing, contracts, invoicing, integration and orchestration, reporting and analytics and many other features. More than 25 solutions were evaluated to come up with the ShortList of 9 solutions, which places 2Checkout alongside other industry leaders.
"The Smart Services Digital Monetization ShortList demonstrates the need for supporting digital monetization and diverse subscriptions and business models, as part of modern commerce,” said Erich Litch, 2Checkout's President and Chief Operating Officer. "We are pleased to be ranked among the top companies, acknowledging our successful support for many different paths to monetization for global companies.”
"The Post-Digital era has arrived. In a world of winner-takes-all markets, digital leaders seek clarity on what exponential technologies will support their new business models. The Constellation Smart Services Digital Monetization Platforms ShortList filters the signal from the noise and highlights the key technologies our analysts recommend to our clients," said R “Ray” Wang, chairman and founder at Constellation Research.
Constellation Research advises leaders on leveraging disruptive technologies to achieve business model transformation. Products and services named to the Constellation ShortList meet the threshold criteria for this category as determined through client inquiries, partner conversations, customer references, vendor selection projects, market share and internal research. The portfolio is frequently updated as market conditions change.
Find more information on the Constellation ShortLists at Constellation Research. Read more about 2Checkout's monetization platform on the company's website.
Constellation Research does not endorse any solution or service named in its research.
2Checkout is the leading all-in-one monetization platform for global businesses. It was built to help clients drive sales growth across channels and increase market share by simplifying the complexities of modern commerce like global payments, subscription billing, merchandising, taxes, compliance and risk, so they stay focused on innovating their products and delivering exceptional customer experiences.
Get more information at www.2checkout.com
Press contact: Delia Ene, 2Checkout Email: firstname.lastname@example.org Tel: +31 20 890 8080 ext.: 4654