Do you know?! A third of internet shoppers inside the U.S. hesitate to accomplish their purchases online in concern with plastic card data thefts, claims a current research conducted by Bizrate, one of advertising technology provider Connexity. These shoppers are unsure regarding how reliable the payment process is and hence question retailer security. Further, based on the Bizrate Insight survey, respondents claim that they can trust Amazon and PayPal essentially the most, when it comes to secure online retail payment.
Several research has strived to comprehend the factors that influence consumer behavior in terms of online purchase hesitation. Most studies have produce the same results proclaiming that among the important aspects that determine internet shopping hesitation among a number of other factors, the hesitation at the final payment stage. However, due to the trust most consumers have on PayPal payment gateway, Magento Payment Extensions strives to make sure that their extensions are linked to the PayPal gateway. Besides PayPal, Magento even offers several partnerships and certifications with many different other popular gateways such as FirstData, Realex, Authorize.net, eWay, Cardinal Commerce, Gotmerchant and others. Ecommerce owners an internet-based retailers are now able to create the trust of these customers by imbibing these exclusive payment gateway modules from Magento, into their online store.
The Magento Extensions with regards to payment modules, it means that your customer’s online transactions are executed within a smooth and secure manner. All major charge cards and debit cards are duly accepted and based on these extensions. At pointless, do these extensions store any little bit of card information anywhere about 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 from your 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 at any cost. Merchants and store managers hold the choice to perform an ‘authorize only’ or ‘authorize and capture’ functionality, with respect to the payments made online in their store. They are able to then capture the amount in the extension backend. Some of the extensions, supports multi-currency transactions, thus could be adapted over a global platform. Further, these modules aptly support various key functionalities which might be essential for a smooth and safe payment transaction like 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 produce the trust more customers, supplying you with the tag of your reliable online shop. This can distinctly set you besides your competition. Do offer a shot on the Magento variety of payment extensions, you may not be disappointed!
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