Do you know?! A third of internet shoppers within the U.S. hesitate to accomplish their purchases online in anxiety about credit card data thefts, claims a recently available research conducted by Bizrate, a unit of marketing technology provider Connexity. These shoppers are unsure about how precisely reliable the payment process is and therefore question retailer security. Further, based on the Bizrate Insight survey, respondents claim to trust Amazon and PayPal probably the most, regarding secure online retail payment.
Several reports have strived to understand the factors that influence consumer behavior with regards to online purchase hesitation. Most studies have develop exactly the same results proclaiming that one of many key factors that determine online shopping hesitation among a number of other factors, the hesitation on the final payment stage. However, given the trust most consumers have on PayPal payment gateway, Magento Payment Extensions strives in order that their extensions are of this particular PayPal gateway. Besides PayPal, Magento also has several partnerships and certifications with lots of other popular gateways for example FirstData, Realex, Authorize.net, eWay, Cardinal Commerce, Gotmerchant and much more. Ecommerce owners and internet-based retailers is now able to generate the trust of their customers by imbibing these exclusive payment gateway modules from Magento, to their online store.
The Magento Extensions regarding payment modules, it makes sure that your entire customer’s online transactions are executed in the smooth and secure manner. All major charge cards and atm cards are duly accepted and supported by these extensions. At no reason, do these extensions store any amount of card information anywhere around the system, as what a key priority in order to pass the PCI compliance issues. The web store owner can however capture the authorized payments in the backend of the platform.
The Magento extension makes the payment process least vunerable to fraudulent ways and undoubtedly protects your customer’s financial details no matter what. Merchants and purchasing managers contain the choice to perform an ‘authorize only’ or ‘authorize and capture’ functionality, according to the payments made online at their store. They are able to then capture just how much from your extension backend. A few of the extensions, supports multi-currency transactions, and therefore might be adapted with a global platform. Further, these modules aptly support various key functionalities which are essential for an even 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 your store, is likely to raise the confidence and produce the trust more customers, providing you with the tag of a reliable online shop. This might distinctly set you aside from the competitors. Do offer a shot to the Magento variety of payment extensions, you’ll not be disappointed!
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