Do you realize?! One third of online shoppers inside the U.S. hesitate to complete their purchases online in fear of credit card data thefts, claims a recent research conducted by Bizrate, one of promoting technology provider Connexity. These shoppers are unsure regarding how reliable the payment process is thus question retailer security. Further, in line with the Bizrate Insight survey, respondents claim they can trust Amazon and PayPal the most, regarding secure online retail payment.
Several numerous studies have strived to understand the factors that influence consumer behavior regarding online purchase hesitation. Most reports have come up with the same results on the grounds that among the 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 placed on PayPal payment gateway, Magento Payment Extensions strives in order that their extensions are for this PayPal gateway. Besides PayPal, Magento boasts several partnerships and certifications with a lot of other popular gateways such as FirstData, Realex, Authorize.net, eWay, Cardinal Commerce, Gotmerchant and others. Ecommerce owners and internet based retailers can generate trust of their customers by imbibing these exclusive payment gateway modules from Magento, to their online store.
The Magento Extensions when it comes to payment modules, it helps to ensure that all your customer’s online transactions are performed inside a smooth and secure manner. All major credit cards and atm cards are duly accepted and sustained by these extensions. At pointless, do these extensions store any little card information anywhere about the system, as which is a key priority in order to pass the PCI compliance issues. The web store owner can however capture the authorized payments in the backend from 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 store managers have the replacement for perform an ‘authorize only’ or ‘authorize and capture’ functionality, with regards to the payments made online at their store. They could then capture the total amount from the extension backend. A number of the extensions, supports multi-currency transactions, thus can be adapted on a global platform. Further, these modules aptly support various key functionalities that are necessary for an effortless and safe payment transaction like Authorize Only, Authorize & Capture (Sale), Void and Refund.
Integrating these exclusive payment gateway modules into the checkout process for your store, is likely to improve the confidence and produce the trust more customers, giving you the tag of your reliable online shop. This can distinctly set you aside from your competitors. Do give a shot for the Magento variety of payment extensions, you may not be disappointed!
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