Do you know?! One third of internet shoppers in the U.S. hesitate to complete their purchases online in anxiety about credit card data thefts, claims a recent research conducted by Bizrate, one of marketing technology provider Connexity. These shoppers are unsure about how precisely reliable the payment process is and hence question retailer security. Further, in line with the Bizrate Insight survey, respondents state they trust Amazon and PayPal essentially the most, in terms of secure online retail payment.
Several reports have strived to understand the standards that influence consumer behavior regarding online purchase hesitation. Most numerous studies have come up with precisely the same results stating that one of many key factors that determine internet shopping hesitation among other factors, the hesitation in the final payment stage. However, given the trust most consumers placed on PayPal payment gateway, Magento Payment Extensions strives in order that their extensions are linked to the PayPal gateway. Besides PayPal, Magento also offers several partnerships and certifications with many different other popular gateways for example FirstData, Realex, Authorize.net, eWay, Cardinal Commerce, Gotmerchant and others. Ecommerce owners an internet-based retailers can now earn the trust of their customers by imbibing these exclusive payment gateway modules from Magento, within their online store.
The Magento Extensions with regards to payment modules, it means that your entire customer’s online transactions are finished inside a smooth and secure manner. All major charge cards and debit cards are duly accepted and supported by these extensions. At pointless, do these extensions store any amount of card information anywhere on the system, as which is a key priority to be able to pass the PCI compliance issues. The online store owner can however capture the authorized payments from the backend in the platform.
The Magento extension makes all the payment process least susceptible to fraudulent ways and undoubtedly protects your customer’s financial details whatever it takes. Merchants and store managers possess the option to perform an ‘authorize only’ or ‘authorize and capture’ functionality, according to the payments made online within their store. They could then capture the quantity from the extension backend. A few of the extensions, supports multi-currency transactions, so because of this may be adapted on a global platform. Further, these modules aptly support various key functionalities which are required for a smooth and safe payment transaction for example Authorize Only, Authorize & Capture (Sale), Void and Refund.
Integrating these exclusive payment gateway modules to the checkout process for your store, will definitely improve the confidence and produce the trust more customers, giving you the tag of an reliable online store. This can distinctly set you apart from your competition. Do give you a shot for the Magento array of payment extensions, you will not be disappointed!
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