WavePay vs 2Checkout (Verifone)
2Checkout, now Verifone, is a merchant of record that sells on your behalf and handles tax; WavePay is not a merchant of record: it routes buyers to payment rails, can use 2Checkout as one of them where it is enabled, and adds Zimbabwean wallets, crypto, licensing and one ledger.
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| 2Checkout (Verifone) | WavePay | |
|---|---|---|
| Role | Merchant of record: it is the seller to your buyer | A checkout, licensing and ledger layer: your provider account stays the seller |
| Sales tax and invoicing | Handled by 2Checkout as seller | Your responsibility, with the provider you connect |
| Zimbabwean wallets | Not its focus | EcoCash, OneMoney, InnBucks, Telecash, O'mari and ZimSwitch through Paynow |
| Crypto | Check Verifone | Eleven rails quoted in US dollars |
| Availability for your business | Depends on Verifone's seller and payout coverage for your country | WavePay itself has no country gate; each rail has its own |
| 2Checkout as a rail | Native | Built and tested on staging; switched on in production after Verifone approves the account |
Questions
Can I use both?
Yes, once 2Checkout is enabled on your deployment: it is one of the rails behind the same checkout call.
Who is the seller in a WavePay payment?
You are, through the provider account the money lands in. WavePay does not act as merchant of record.