Did you know?! A 3rd of online shoppers in the U.S. hesitate to complete their purchases online in fear of plastic card data thefts, claims a recently available research conducted by Bizrate, a unit of marketing technology provider Connexity. These shoppers are unsure about how exactly reliable the payment process is thus question retailer security. Further, according to the Bizrate Insight survey, respondents claim to trust Amazon and PayPal the most, when it comes to secure online retail payment.
Several numerous studies have strived to comprehend the standards that influence consumer behavior when it comes to online purchase hesitation. Most numerous studies have come up with the identical results stating that one of many important aspects that determine internet shopping hesitation among a number of other factors, the hesitation at the final payment stage. However, given the trust most consumers placed on PayPal payment gateway, Magento Payment Extensions strives to make sure that their extensions are of this particular PayPal gateway. Besides PayPal, Magento also has several partnerships and certifications with many different other popular gateways including FirstData, Realex, Authorize.net, eWay, Cardinal Commerce, Gotmerchant and others. Ecommerce owners and internet-based retailers are now able to generate trust of the customers by imbibing these exclusive payment gateway modules from Magento, into their online shop.
The Magento Extensions when it comes to payment modules, it helps to ensure that your entire customer’s online transactions are performed inside a smooth and secure manner. All major cards and an atm card are duly accepted and supported by these extensions. At silly, do these extensions store any bit of card information anywhere about the system, as what a key priority to be able to pass the PCI compliance issues. The net store owner can however capture the authorized payments through the backend from the platform.
The Magento extension helps make the payment process least susceptible to fraudulent ways and undoubtedly protects your customer’s financial details no matter what. Merchants and shop keepers hold the substitute for perform an ‘authorize only’ or ‘authorize and capture’ functionality, with regards to the payments made online within their store. They could then capture just how much from your extension backend. Many of the extensions, supports multi-currency transactions, and hence can be adapted on the global platform. Further, these modules aptly support various key functionalities which might be needed for an effortless and safe payment transaction for example Authorize Only, Authorize & Capture (Sale), Void and Refund.
Integrating these exclusive payment gateway modules in to the checkout process for your store, is likely to raise the confidence and create the trust of more customers, supplying you with the tag of an reliable web store. This can distinctly set you aside from your competition. Do give a shot on the Magento selection of payment extensions, you won’t be disappointed!
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