Magento 2 Payment Gateway / Method Extensions
An eCommerce business can’t run properly without a productive payment system. An online store’s payment methods play an important role in customers’ agreeable aspects. It’s easy for someone to abandon their carts if they can’t check out with an available payment gateway for them. If you are running a Magento 2 store and looking for the best payment solutions, the following extensions will make things work out.
What Is a Payment Gateway/Method?
A payment gateway is the technology that captures and transfers payment data from the customer to the acquirer. A payment gateway or method is the key to keep the payment process efficient and smooth because it enables online payments for customers and businesses.
So how does it works?
A payment gateway works as a middleman between customers and merchants. It ensures that the online transitions are carried out securely and quickly. As a middleman, payment gateways manage the customers’ sensitive card information used during the payment processing.
A payment gateway takes over all the activities happening in the background of the transaction. It starts from receiving customer credit card details and sending them to the acquiring bank to fraud screening by issuing bank and confirm the settlement.
Why is a Payment Gateway important for online stores?
Using a payment gateway can lessen the frequency and severity of credit card fraud within an eCommerce business. It helps merchants process credit cards, debit cards, or other online payment options efficiently while making it easier for customers to make payments online.
Thanks to a payment gateway, the customers' card details will be captured and encrypted securely and promptly. It reduces the fraud that often happens with the card-not-present process.
Here’re some reasons why an online store should integrate a payment gateway:
- It’s easy to set up for merchants who already have an account and website. Only a light maintenance is required.
- It’s easy and friendly to online shoppers, which they can check out right on the merchant’s site.
- It’s secure and quick.
Mageplaza Payment Gateway/Method for Magento 2 stores
Mageplaza Payment Gateway/Method packages include the best collection of payment gateways popularly used in the world. You can also find awesome extensions that support your store’s payment activities and solve issues that may occur during the payment processing.
Here’re some highlights to take note:
Multiple popular payment gateways
You can easily integrate with popular payment gateways, including:
- Sage Pay
- ABN Amro
- Westpac PayWay
These payment gateway extensions are easy to integrate with your Magento 2 store and support multiple cards such as Master card, Visa, Dinners Club, American Express, JCB, Discovery, and more. All solutions are built with a focus on a secure and seamless payment experience for customers.
Condition-based payment restrictions
You can restrict payment methods based on product information, total order value, or shipping options. The rules are set up and applied for both frontend and backend orders.
Magento 2 Shipping & Fee extensions provide your customers with a cohesive shopping experience in your Magento 2 store with intuitive features and functionality. You'll find everything you need to create a hassle-free, speedy, and secure online shipping system.