Did you know?! A 3rd of online shoppers from the U.S. hesitate to accomplish their purchases online in fear of plastic card data thefts, claims a recent research conducted by Bizrate, a unit of promoting technology provider Connexity. These shoppers are unsure about how exactly reliable the payment process is and hence question retailer security. Further, in accordance with the Bizrate Insight survey, respondents claim they can trust Amazon and PayPal probably the most, in terms of secure online retail payment.
Several studies have strived to be aware of the standards that influence consumer behavior when it comes to online purchase hesitation. Most research has come up with precisely the same results on the grounds that one of many key factors that determine shopping online hesitation among several other factors, the hesitation in 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 linked to the PayPal gateway. Besides PayPal, Magento also offers several partnerships and certifications with many other popular gateways like FirstData, Realex, Authorize.net, eWay, Cardinal Commerce, Gotmerchant and others. Ecommerce owners and internet based retailers is now able to create the trust with their customers by imbibing these exclusive payment gateway modules from Magento, to their web shop.
The Magento Extensions with regards to payment modules, it helps to ensure that all your customer’s online transactions are carried out in a smooth and secure manner. All major credit cards and debit cards are duly accepted and supported by these extensions. At no point, do these extensions store any amount 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 of the platform.
The Magento extension makes all the payment process least prone 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, according to the payments made online within their store. They are able to then capture the amount through the extension backend. A number 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 required for an effortless and safe payment transaction including Authorize Only, Authorize & Capture (Sale), Void and Refund.
Integrating these exclusive payment gateway modules to the checkout process on your store, will definitely raise the confidence and work out the trust of more customers, providing you with the tag of the reliable web store. This might distinctly set you in addition to your competition. Do give you a shot towards the Magento selection of payment extensions, you won’t be disappointed!
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