Did you know?! A 3rd of internet shoppers in the U.S. hesitate to do their purchases online in nervous about plastic card data thefts, claims a recently available research conducted by Bizrate, one of promoting technology provider Connexity. These shoppers are unsure about how precisely reliable the payment process is so because of this 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 studies have strived to understand the standards that influence consumer behavior when it comes to online purchase hesitation. Most numerous studies have come up with the identical results on the grounds that one of the important aspects that determine online shopping hesitation among other factors, the hesitation with 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 from the PayPal gateway. Besides PayPal, Magento also has several partnerships and certifications with lots of other popular gateways such as FirstData, Realex, Authorize.net, eWay, Cardinal Commerce, Gotmerchant and more. Ecommerce owners and internet based retailers can now create the trust of the customers by imbibing these exclusive payment gateway modules from Magento, into their web store.

The Magento Extensions with regards to payment modules, it ensures that your customer’s online transactions are executed in a smooth and secure manner. All major credit cards and atm cards are duly accepted and backed up by these extensions. At pointless, do these extensions store any bit of card information anywhere about the system, as which is a key priority so that you can pass the PCI compliance issues. The internet store owner can however capture the authorized payments from the 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 no matter what. Merchants and store owners contain the option to perform an ‘authorize only’ or ‘authorize and capture’ functionality, with regards to the payments made online within their store. They could then capture the amount from your 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 which might be needed for an easy and safe payment transaction such as Authorize Only, Authorize & Capture (Sale), Void and Refund.

Integrating these exclusive payment gateway modules to the checkout process to your store, is likely to boost the confidence and earn the trust of more customers, providing you with the tag of a reliable web shop. This can distinctly set you apart from the competitors. Do give a shot towards the Magento array of payment extensions, you won’t be disappointed!

To read more about Magento extensions by Metagento explore our resource.