Do you realize?! A 3rd of internet shoppers inside the U.S. hesitate to do their purchases online in fear of credit card data thefts, claims a newly released research conducted by Bizrate, a unit of selling technology provider Connexity. These shoppers are unsure regarding how reliable the payment process is and hence question retailer security. Further, in line with the Bizrate Insight survey, respondents state they trust Amazon and PayPal one of the most, when it comes to secure online retail payment.
Several studies have strived to be aware of the factors that influence consumer behavior regarding online purchase hesitation. Most studies have produce precisely the same results on the grounds that among the main reasons that determine shopping online hesitation among a number of other factors, the hesitation with the final payment stage. However, in the trust most consumers don PayPal payment gateway, Magento Payment Extensions strives in order that their extensions are of this particular PayPal gateway. Besides PayPal, Magento also offers several partnerships and certifications with many other popular gateways for example FirstData, Realex, Authorize.net, eWay, Cardinal Commerce, Gotmerchant and others. Ecommerce owners an internet-based retailers can generate the trust of these customers by imbibing these exclusive payment gateway modules from Magento, within their web shop.
The Magento Extensions regarding payment modules, it ensures that your customer’s online transactions are carried out in a smooth and secure manner. All major bank cards and an atm card are duly accepted and sustained by these extensions. At no reason, do these extensions store any bit of card information anywhere for the system, as which is a key priority as a way to pass the PCI compliance issues. The web store owner can however capture the authorized payments from the backend with the platform.
The Magento extension helps to make the payment process least susceptible to fraudulent ways and undoubtedly protects your customer’s financial details no matter what. Merchants and store managers possess the substitute for perform an ‘authorize only’ or ‘authorize and capture’ functionality, according to the payments made online inside their store. They can then capture the total amount from the extension backend. Some of the extensions, supports multi-currency transactions, thus may be adapted with a global platform. Further, these modules aptly support various key functionalities which are needed for a smooth and safe payment transaction including Authorize Only, Authorize & Capture (Sale), Void and Refund.
Integrating these exclusive payment gateway modules into the checkout process to your store, is likely to improve the confidence and work out the trust of more customers, providing you the tag of your reliable web store. This can distinctly set you apart from your competition. Do provide a shot to the Magento array of payment extensions, you may not be disappointed!
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