It is the aim of every business to attain success in their E-commerce business. The most advantageous solution for enhancing the value of your e-commerce business is Magento, it is open source highly-optimized and flexible enough. You will not have to face any compatibility issue while using it. The marketing capabilities of Magento is great and a large number of companies are using it to fuel up their sales rate. You can easily integrate it with third-party tools.
For all e-commerce stores, it is required to offer customers with different forms of payment gateways. A Magento e-commerce store can collaborate effectively with various PayPal solutions, which can facilitate great options for an E-commerce store platform in 2019.
Magento merchants are using PayPal solutions efficiently to serve their business purpose. In this post, we will discuss a few of them:
It’s a Magento extension and a direct gateway in which a mediator doesn’t play any role, you can directly move to the checkout page. PayPal has been facilitated to only certified SSL store owners, so you do not have to worry about the security issue. The advanced version of PayPal can be used by several countries such as the United States and Canada.
E-commerce store owners will not have to go through much hassle to install this specific gateway, few guidelines need to be followed and your store will be ready for the checkout process.
It is a great addition to your online business shopping cart. You can use PayPal express checkout as an instant payment solution which can enhance the rates of sales automatically. It can be easy for the customers to look at all order and dispatch details, and they will pay the money with confidence. In a survey, it has been found that PayPal express checkout can facilitate three times faster checkout process.
PayPal multicurrency helps in the development of Magento 2 websites. It is basically for the websites that are an advanced version of Magento software and needs a checkout process which can be acceptable in form of different currencies. By using this specific payment option, the end-users can grab unique and user-friendly experience. You will not be asked with any kind of card details before you go for the checkout page, so the user’s data will always be secure.
As there are multiple extensions for the payment solution, one-step checkout is the preferred one according to the customer’s point of view. It is quite supportive and can help a user to get rid of the long payment process. A customer can directly go to the payment page without facing any hassle. On the other hand, it is quite effective for the merchants to enhance the sales rate.
Merchants face cart abandonment issue because of the lengthy checkout process. While using this extension, you can overcome through limitations that are holding you back to get expected profits. Whether it is about billing address or shipping address, things will be confirmed by following a single step.
This extension has been jointly developed by Magento and Braintree for the merchants who want a secure payment solution to avoid any risk or fraud. It will speed up the checkout process and facilitate with better customer experience. Braintree can save you from wasting additional money.
By analyzing different facts, it has been found that the rate of frauds got decreased. Currently, this extension is used through the number of companies to resolve payment related problems.
PayPal Standard is the most convenient PayPal solution for the Magento store. It provides payment buttons as a quick solution for accepting payments. Apart from the regular payments within PayPal accounts, it even facilitates users to pay by credit card without creating a PayPal account.
These payment methods are only for the authorized merchants from the United States, UK, Canada, New Zealand, and Australia. For the United States merchants, PayPal advanced method is quite suitable.
PayPal Payflow is a quite efficient payment gateway that links Magento store to your merchant account and payment processor. When you don’t have your merchant account, you should go for an advanced one.
PayPal Payments advanced enables Magento based eCommerce stores to collect payments directly by using a credit card without leaving the website. According to an integration point of view, PayPal Payments Advanced is similar to the PayPal Payflow gateway so it is quite easy for a store owner to use it with our Payflow integration.
PayPal Payments Pro Hosted
It provides you with an effective method to accept credit and debit cards or PayPal payments. Your customers will not leave your store because all payment options will be displayed on the last checkout step in an inline frame. It is suitable for the United Kingdom and France only.
PayPal multicurrency is known to provide multiple benefits in comparison to other PayPal gateways. It facilitates the users to pay at the store by using different currencies. It is quite advantageous to those stores who are directly serving to their customers at a global level. The only purpose of using this extension is to make the life of merchants and users smooth.
Your customers will not get confused if you use this extension. Assume that you are dealing in USD based products but the user wants to pay you in EURO. At such occasions, a currency will not change through the entire process and will not create any misunderstanding. PayPal multicurrency has been created to support Magento 1.9x version.
Magento is among the largest e-commerce platforms and is going to get more popularity in the upcoming years. The secret is that it plays an important role to fuel up the sales. It is secure to complete the checkout process and fulfill the customer demands on time without any type of delay. So, it would be better if you start using these PayPal solutions for a better experience.
About The Author:
Tom Hardy is a Magento developer expert at Sparx IT Solutions, he holds several years of relevant experience in the same field. She has in-depth knowledge about the latest technology trends so he loves to share his ideas with the users.
Note: All images provided by Author.