Did you know?! A third of internet shoppers within the U.S. hesitate to accomplish their purchases online in anxiety about bank card data thefts, claims a current research conducted by Bizrate, one of advertising technology provider Connexity. These shoppers are unsure about how exactly reliable the payment process is thus question retailer security. Further, based on the Bizrate Insight survey, respondents claim they can trust Amazon and PayPal probably the most, regarding secure online retail payment.
Several studies have strived to comprehend the standards that influence consumer behavior in terms of online purchase hesitation. Most research has think of exactly the same results praoclaiming that one of many important aspects that determine shopping online hesitation among a number of other factors, the hesitation in the final payment stage. However, given the trust most consumers have on PayPal payment gateway, Magento Payment Extensions strives to ensure their extensions are of this particular PayPal gateway. Besides PayPal, Magento even offers 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 earn the trust of their customers by imbibing these exclusive payment gateway modules from Magento, to their web store.
The Magento Extensions in terms of payment modules, it means that all your customer’s online transactions are finished inside a smooth and secure manner. All major bank cards and debit cards are duly accepted and supported by these extensions. At no point, do these extensions store any little bit of card information anywhere on the system, as that’s a key priority as a way to pass the PCI compliance issues. The internet store owner can however capture the authorized payments from the backend from the platform.
The Magento extension makes all the payment process least vunerable to fraudulent ways and undoubtedly protects your customer’s financial details whatever it takes. Merchants and store owners hold the choice to perform an ‘authorize only’ or ‘authorize and capture’ functionality, based on the payments made online inside their store. They could then capture the quantity through the extension backend. Some of the extensions, supports multi-currency transactions, so because of this could be adapted over a global platform. Further, these modules aptly support various key functionalities which can be needed for an easy and safe payment transaction including Authorize Only, Authorize & Capture (Sale), Void and Refund.
Integrating these exclusive payment gateway modules in to the checkout process for the store, is bound to improve the confidence and earn the trust of more customers, providing you the tag of a reliable online store. This could distinctly set you besides the competitors. Do provide a shot to the Magento variety of payment extensions, you’ll not be disappointed!
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