Why Magento Payment Gateway Integration is Necessary for Your Ecommerce Business?

Magento payment gateway integration is the main subject line of course, but the important thing is to understand what payment gateway and its integration mean. 

Also, Magento development services in the E-commerce sector are praised a lot these days. Why? 

We Will come to these points as well, first, let us stay to the subject line and cover the basic introduction it needs for itself.

Payment Gateway

A payment gateway is like a medium or a junction through which the transaction occurs and passes. If there is no payment gateway, and direct peer-to-peer transactions would start, not only just money but personal information as well, could be lost.

Payment gateway benefits the organization by keeping the transaction safe and secure. It approves and authorizes the transactions from one to another by validating the card details and ensuring that the account has enough funds.

What is Payment Gateway Integration in the Ecommerce Business?

Whenever there is an eCommerce business, the merchant would have to ensure the path of income, which is nothing but an online transaction of money.

For online transactions to happen, for not missing out on a lot of potential customers, a payment gateway is crucial to keep things going smoothly. There are many customers who do not prefer cash on delivery and just leave if the payment gateway isn’t seemed working. Thus, the merchant has to integrate the payment gateway to its organization’s POS.

Why Magento Payment Gateway Integration?

Here, we need to understand that the Magento payment gateway is not a singular entity. It is a phrase used to suggest adopting Magento as a platform for ecommerce software solutions and let the payment gateway integration be done in the Magento-developed E-commerce business solution.

Magento-based payment gateway integration is better because Magento offers way more liberty to develop and configure the business solution according to the native complexities. 

In fact, we can develop a payment gateway rather than integrating the orthodox one. And that’s the biggest leverage provided by an open-source eCommerce platform.

Things To Know Before Integrating Payment Gateway

When we implement our idea on an eCommerce platform to develop an eCommerce business solution, we get to see plenty of payment gateways in general. An uphill task would be to choose one out of those. 

There are four to five factors that make sense while choosing a payment gateway out of many. And they are-

• Currency Support

• Transaction fee

• License cost

• Security

• Capabilities, etc.

Here comes the thought of choosing Magento from the very beginning and develop a Magento-based eCommerce solution, as it allows configuring an indigenous payment gateway for ourselves.

Some of the pre-existing Magento payment gateways that would amplify your business efficiency are-

1. PayPal

2. Stripe

3. Braintree

4. Amazon Pay

5. Square (A small enterprise payment gateway)

Do not miss the fact that Magento development services would allow configuring our own payment gateway for a business. This is one of the reasons why Magento is one of the best eCommerce development platforms across the globe.

Make sure you get the certified Magento developers who could integrate m-commerce application software with your business as well and could take your business to another level.

5 Mobile Learning Formats You Should Consider To Develop A Corporate Solution

A corporate solution should be smart, adaptable, and easy to use with dynamic functionalities. With newer functional adaptability, a corporate solution would be considered an ideal corporate solution when it showcases scalability, robustness towards improvisation, and stop less performance.

As far as mobile learning is concerned, it is a type of elearning software development in which mobility is focused rather than the device which is mostly becoming a subject of confusion for many.

The mlearning solutions are not only about Mobile phones, but it has another literal meaning which signifies mobility, freeness, the ease of a learner meanwhile learning.

Coming on to corporate mlearning solutions and their development, and e-learning developing companies would just require a hint from the corporate client for what type of corporate m-learning solution they want. Whether it is based on e-books, videos, and images, infographics, or flashcards?

Also read: How to Empower Mobile-friendly E-learning platform

Let us get into them one by one exploring each individually for better understanding-

1. E-books

E-books usually consist of longer content and knowledge which is more suitable to those with enough ability to read and comprehend all by themselves. E-books are more used to demonstrate the entire area of any science or technology, making it the best option for a training and development corporate company. 

Do not forget to check Important Peculiarities Of M-learning That Impacts Corporate Learning & Development

2. Flashcards

Suggested better for sales training especially, because sales personnel are required to meet and demonstrate everything about the service/product of the company after the client. It helps them to get a glance over the product right before facing the client without shuffling multiple pages and accumulating an oversized matter in just one go.

3. Infographics

Infographics need no introduction as they are prevalent because of their only one-man requirement, instead of an entire team of enterprise software developers to develop them for their execution.

Infographics can better help corporate officials as they are full of information and representable graphics that sometimes even steal the mind and could turn things the other way round.

4. Images and Videos

Images and Videos based corporate solution is nothing but an application full of media files for learning purposes. It could be better for training purposes as they can assist people in better understanding when there is a new product or service to launch and everyone needs to know about it before it goes into production.

However, as far as just learning is concerned, videos and images are the best medium to learn for any knowledge seeker as it frees the individual to implement or manage anything, unlike e-books, which require more focus and reading ability to get things going the same way.

5. A Combination

A combination of all the above formats makes it even complex to develop, but far better for the consumers as it would contain each format the consumer may wish for. Sometimes, microlearning modules work even better as they can focus on the most critical information specifically.

For example, it gets the employee exactly what it needs while working on a project. It can be comprehended in this way if an employee has started his job for the first time in a project which has a micromodule ready for its progress already. Using those stepwise modules, the employee could facilitate himself on what he needs to do in it at every step.

These are the following 5 formats basically which can be delivered to the corporate businesses as LMS or mlearning solutions. Just make sure to hire the best e-learning developer with adequate consultancy and enough experience so that you won’t have to wander more for the same solution again.

Which One To Choose And Why: WooCommerce & Magento & Shopify

WooCommerce, Magento, and Shopify are three pioneer e-commerce platforms for the development of e-business solutions. The dilemma occurs when there is an option to choose one from them. 

In this blog, we will be discussing on what grounds we should choose one of them along with the trends in the Ecommerce industry. The types of Ecommerce websites and businesses, and what specialties these three ecommerce platforms do possess individually as well as in common.

Trends and Stats of E-commerce

The E-commerce industry has reached a figure of 25 million for its websites already created all across the globe. However, merely one-tenth of them generate competitive revenue figures. Thus, it is not worth being scared of the competition out there in the ecommerce industry.

An appropriate choice of enterprise software development company and platform could change a lot for a business. The more scalable the solution would be, the easier it will be to handle an ecommerce business in the long run.

Types of E-commerce businesses 

As far as an eCommerce business is concerned, there are different types of ecommerce websites including Transactional website that is usually the websites for the brands we shop online from. Static ecommerce websites that are used to promote corporate awareness only but do not facilitate the online purchase.

The choice of developing platform would differ as per the use here. Thus, moving on to the specifications these three options offer for an ecommerce business-

1. Shopify

The basic idea behind creating Shopify itself is to accommodate those who want to build their own website without any technical knowledge. However, there is uniqueness with Shopify that it doesn’t allow you to create a normal website because of its self-hosting nature.

Shopify is a self-hosting platform that allows customers to create their own application and runs on its own perimeter. 

It has basic trends to incorporate with Shopify along with 5 tier-based plans to subscribe for, with Lite, Basic, Normal, Advanced, and Shopify Plus as the most advanced one, ranging from $9 to $2000 per month.

Shopify lets you build an online ecommerce store. Each of its plans would differ on another level of scalability and customization, however, they offer the following functionalities in common-

• 24*7 Support

• Staff accounts (varies in numbers)

• Sales channel

• Discount codes

• Manual order creation facility

However, Magento renders website creating opportunities, unlike Shopify.

2. Magento

If you are looking for an amazingly flexible, dynamically operational, and website solution with open-source code so that it could be customized whenever and however you desire, Magento is the best choice.

In addition, it is known for rendering the best of cloud support and services, which has now become an essential part of ecommerce as well as daily life.

Advanced marketing features like customer reward programs and fish-eyed promotions are some of the renowned deliverables of Magento.

Its production cost differs along with the merchandise value of your organization. Nestle and HP are some of the recognized pioneers that have revolutionized the use of Magento by creating their B2B2C ecommerce software solutions.

3. WooCommerce

Being a WordPress grown child, it is known separately for its ecommerce development abilities. A plugin, born out of WordPress in 2011 has easily reached the hearts of developers and generic users because of its easy-to-use and install feature.

The open-source development makes it even easier to customize the solution across the globe with more than 400 extensions related to payment, shipping, marketing, as well as accounting.

Having an idea about all these three, you should better hire the best ecommerce software development company and also check the Drupal vs Magento vs WooCommerce: The better CMS for E-commerce, with the precise details mentioned for better understanding and to not miss anything that is not mentioned here.

5 Key Points To Identify The Best Ecommerce Development Platform

Ecommerce platform is at the edge of competing with the economy of huge nations across the globe. Where some countries are hustling at their best to create a $5 trillion economy in the upcoming years, the ecommerce industry has already touched the figure of $4.5 trillion by 2021 itself.

Before coming to the subject line, we should have an idea about the ecommerce industry’s today’s trends, at least some stats, and the reason why it is getting so prevalent day by day?

Talking about the reason why retail ecommerce software solutions are becoming a choice today, we can conclude in short that people are technologically moving towards ‘not moving a lot yet accomplishing the task’. This means the technology is helping develop such software solutions and hardware devices that they are reducing the mobility of a human. The irony is that humans are welcoming this as well without a line on their heads.

Progressively, if we talk about the trends in ecommerce, ‘Green consumerism’ is the most prevailing trend of ecommerce, especially in which the consumers, as well as producers, are neither producing nor purchasing anything that could not sustain with the environment. Not highlighting the artificial intelligence powered chatbots as you must be aware of them.

Considering all those knowledge points, and by going through the below-mentioned factors regarding ecommerce, we can identify the best ecommerce development platform as per your business type. It is apparent that there are different types of ecommerce businesses, some are dedicated while some are all-in-one.

Let us come to those five points that will help us identify the best ecommerce platform out of many-

1. Hosting

Hosting is something that affects e-commerce business in a separate way. Obviously, any business solution needs to be hosted but when the developing platform itself becomes a hosting platform, situations turn a bit round.

However, Shopify is the best example of being a self-hosting ecommerce platform and is undoubtedly a successful platform as well. But geek developers now have a slightly different choice for robust ecommerce development.

They need independent, free to customize, and an open-source platform that can be grown at any dimension how they want it.

2. Drag-and-Drop Functionality

The most important thing to be in an ecommerce solution, to become user-friendly and to not get rejected by the users at very first sight.

The drag-and-drop feature is essential to survive for an ecommerce site. However, this is a design part but the feasibility of a developing platform plays a major role in adding operational functionalities.

3. Scalable for Unlimited Products

An ecommerce business is always open to being diversified irrespective of how singularly oriented the business is. Once you have started a business with one sort of product, it should be able to add an ‘n’ number of products into its gallery to showcase the audience.

How do you think Amazon has survived from its beginning to date?

The reason why it should be scalable from the very beginning is that the customization in between should hamper the performance of the website solution, which would indirectly affect the business revenue.

4. SEO Friendly

Developing an ecommerce solution isn’t sufficient but its SEO friendliness also makes sense when it comes to online business. For example, there are some search queries which are complex to write but are grammatically incorrect simultaneously.

An ecommerce website should be SEO friendly in a way that it allows adding meta tags and titles as per our requirements and help in ranking better in SERP.

5. Security

It is the most obvious but the very first thing we need to make sure before choosing an ecommerce platform because there are many security loopholes that could cost you a lot like fraud events, data being stolen, etc. The more the ecommerce platform is promising in terms of security, the more reliable and word of mouth appreciation it will get from its users.

The most important factors out of security are PCI compliance, SSL certification, data security and back up facilities, etc.

However, there are many other factors that should be considered before choosing an ecommerce platform, like its costing, dynamic features, technical support, available themes and customization. Just make sure to get better consultation from an experienced IT professional services like A3logics.