Are you aware?! One third of online shoppers inside the U.S. hesitate to accomplish their purchases online in concern with plastic card data thefts, claims a newly released research conducted by Bizrate, a unit of marketing technology provider Connexity. These shoppers are unsure about how reliable the payment process is and hence question retailer security. Further, in accordance with the Bizrate Insight survey, respondents claim to trust Amazon and PayPal the most, in terms of secure online retail payment.

Several reports have strived to understand the factors that influence consumer behavior when it comes to online purchase hesitation. Most reports have think of the identical results proclaiming that one of many important aspects that determine shopping online hesitation among a number of other factors, the hesitation on the final payment stage. However, due to the trust most consumers don PayPal payment gateway, Magento Payment Extensions strives in order that their extensions are from the PayPal gateway. Besides PayPal, Magento also has several partnerships and certifications with many other popular gateways such as FirstData, Realex, Authorize.net, eWay, Cardinal Commerce, Gotmerchant and much more. Ecommerce owners and online retailers is now able to earn the trust of the customers by imbibing these exclusive payment gateway modules from Magento, inside their online store.

The Magento Extensions with regards to payment modules, it helps to ensure that your customer’s online transactions are performed inside a smooth and secure manner. All major bank cards and debit cards are duly accepted and backed up by these extensions. At pointless, do these extensions store any little card information anywhere around the system, as this is a key priority to be able to pass the PCI compliance issues. The online store owner can however capture the authorized payments in the backend in the platform.

The Magento extension helps to make the payment process least susceptible to fraudulent ways and undoubtedly protects your customer’s financial details at any cost. Merchants and shop keepers hold the option to perform an ‘authorize only’ or ‘authorize and capture’ functionality, based on the payments made online in their store. They can then capture the amount in the extension backend. Some of the extensions, supports multi-currency transactions, and therefore might be adapted with a global platform. Further, these modules aptly support various key functionalities that are necessary for an effortless and safe payment transaction for example Authorize Only, Authorize & Capture (Sale), Void and Refund.

Integrating these exclusive payment gateway modules into the checkout process for the store, will boost the confidence and earn the trust of extra customers, supplying you with the tag of an reliable web shop. This can distinctly set you besides your competitors. Do give a shot for the Magento variety of payment extensions, you won’t be disappointed!

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