Are you aware?! A third of internet shoppers within the U.S. hesitate to accomplish their purchases online in fear of charge card data thefts, claims a current research conducted by Bizrate, one of selling technology provider Connexity. These shoppers are unsure regarding how reliable the payment process is and therefore question retailer security. Further, in accordance with the Bizrate Insight survey, respondents state they trust Amazon and PayPal one of the most, with regards to secure online retail payment.
Several studies have strived to be aware of the factors that influence consumer behavior with regards to online purchase hesitation. Most studies have come up with the identical results praoclaiming that one of many main reasons that determine internet shopping hesitation among several other factors, the hesitation on the final payment stage. However, in the trust most consumers placed on PayPal payment gateway, Magento Payment Extensions strives in order that their extensions are of this particular PayPal gateway. Besides PayPal, Magento boasts several partnerships and certifications with lots of other popular gateways for example FirstData, Realex, Authorize.net, eWay, Cardinal Commerce, Gotmerchant and more. Ecommerce owners an internet-based retailers is now able to generate trust of these customers by imbibing these exclusive payment gateway modules from Magento, to their web store.
The Magento Extensions when it comes to payment modules, it helps to ensure that all your customer’s online transactions are executed in a smooth and secure manner. All major cards and an atm card are duly accepted and backed up by these extensions. At pointless, do these extensions store any little bit of card information anywhere around the system, as this is a key priority in order 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 whatever it takes. Merchants and shop keepers hold the option to perform an ‘authorize only’ or ‘authorize and capture’ functionality, based on the payments made online at their store. They’re able to then capture the quantity in the extension backend. Some of the extensions, supports multi-currency transactions, so because of this might be adapted on a global platform. Further, these modules aptly support various key functionalities which are essential for an easy and safe payment transaction such as Authorize Only, Authorize & Capture (Sale), Void and Refund.
Integrating these exclusive payment gateway modules into the checkout process on your store, is bound to enhance the confidence and work out the trust of more customers, supplying you with the tag of a reliable online shop. This may distinctly set you apart from the competition. Do offer a shot towards the Magento selection of payment extensions, you may not be disappointed!
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