How to Choose the Best Payment Gateway for your Magento Store

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3. How to Choose the Best Payment Gateway for your Magento Store? • An e-commerce payment gateway is a merchant service that accepts credit card payments using an online store’s existing software • It assists in the direct processing of transactions from e-commerce enterprises or online storefronts to payment processors, who then receive money from clients • The payment gateway can be given by the bank to its customers, or it can be provided independently by certified financial service providers How to choose the best Payment Gateway for your Magento store? • According to various studies, 90 percent of customers’ payment decisions are based on their checkout experience. Convenience, functionality, security features, and cost are all basic payment gateway requirements www.vihadigitalcommerce.com

4. Security – It is critical to consider how thoroughly payment and transaction details, as well as client personal information, are secured in the payment gateway. ensure that payment fraud is avoided at all costs • Convenience – This refers to the ease with which the checkout process can be completed by selecting the specific Payment Gateway. • Capabilities: It is critical to check what types of payments are accepted by the payment gateway and what options are available. • Cost – Before choosing a payment gateway for your store, you should calculate the total cost of integrating the payment gateway into your eCommerce store www.vihadigitalcommerce.com

5. Best Payment Gateways for Magento 2 • PayPal • PayPal is the optimal solution for both clients and the Magento store owners when it comes to secure payments. • More than 215 million customers are making use of PayPal for making their payments at eCommerce stores. • It has also gained the trust of about 18 million e-commerce store merchants around the world. Paypal attracts a wide range of customers because it provides a free PayPal account registration as well as a free download of the PayPal application • Stripe: • Stripe is another well-known payment gateway that can compete with PayPal. • Stripe, an Australian payment firm founded in 2011, has been providing ideal payment services that support over 100 different currencies without the need to set up separate merchant facilities www.vihadigitalcommerce.com

6. CartaSi • In the Italian market, CartaSi offers excellent payment services to financial and institutional businesses, as well as e-commerce enterprises. • With 2 billion transactions and 13 million credit cards in circulation, CartaSi has established itself as a market leader in electronic money • SagePay • SagePay integrates with merchant accounts to provide the best payment gateway solution possible. • With the highest level of card data security – PCI DSS Level 1 compliance – it is gaining recognition from all major banks and credit card firms, ensuring that transactions are appropriately protected against fraud • WorldPay: • WorldPay expands payment options for customers by introducing the Virtual Terminal and pay-per-link features www.vihadigitalcommerce.com

7. Customers no longer need to leave the site to make a payment; they can simply enter their credit card information on the WorldPay hosted payment page or others that have been integrated with the WorldPay payment extension. The information will then be sent to the payment gateway, which will authorize the payment process • 2Checkout: • 2Checkout has earned the trust of over 50,000 merchants worldwide and accepts a wide range of payment methods and currencies to make the checkout process easier for customers. This payment gateway has over 300 fraud rules and is certified by several standards, including PCI DSS level 1, GDPR, BBB Accreditation, ISAE 3402, and SSAE 18, Privacy Shield, to ensure high security. • EBizCharge: • EBizCharge is one of the most reliable payment gateways available for B2B and B2C merchants using Magento. They offer an all-in-one payment platform that includes a merchant account, payment gateway, payment integrations, payment collection tools, and more www.vihadigitalcommerce.com

8. Final Words • Online payment has revolutionized digital trading, making checkout faster and easier than before. The use of an ultimate payment gateway can help retailers and their consumers speed up the checkout and money transfer process. Magento 2 stores should consider adding a Magento payment gateway extension to make use of a full-featured payment gateway as well as the additional functionality available only through Magento extensions. • If you have any questions about the Magento extension, please reach us at info@vihadigitalcommerce.com www.vihadigitalcommerce.com

9. Read the complete story follow the link below:- How to Choose the Best Payment Gateway for your Magento Store? Read Blog: https://www.vihadigitalcommerce.com/blog/ www.vihadigitalcommerce.com

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