Gain Insight into the Best Magento Payment Gateways: How to Integrate Them?

Gain Insight into the Best Magento Payment Gateways: How to Integrate Them?

When you are running a Magento store, there are a lot of considerations that you must make to ensure better UX. But, ensuring a proper and secure checkout experience plays a major role in earning the satisfaction quotient of customers. 

There are a plethora of Magento 2 extensions that will help you add new features or functionalities to the store. Alongside all of the powerful add-on modules, there are reputed payment gateways, ideal for you to provide your customers with a profound checkout experience. 

But how to choose one from the crowd of best payment gateways for your Magento store? Well, the simple approach is to learn about all the available gateways in detail and how they can enhance the UX of your store.

Depending on what you conclude for each gateway, you will have the ultimate pick for your Magento store. In this article, you will be enlightened with the in-depth details of various payment gateway Magento 2 extensions. Do read this post till the end and be more confident about choosing the perfect and most secure gateway. 

What are the Top Magento Payment Gateway Extensions?

Here is the list of top payment gateway extensions that you can consider integrating with your Magento store:


1. PayPal Multicurrency

PayPal Multicurrency Magento 2 extension is one of the most liked options, as it allows customers to pay for orders in their preferred currencies. This way, the overall experience of the users is enhanced. Not only that, but your business can now accept international orders and global customers can make payments in their local currency. 

It will add a sense of transparency in the minds of customers as they won’t have to make payments in foreign currencies that come with fluctuating exchange rates. With statistical analysis, the Magento store owners offering such payment flexibility experience better conversions. 

Thus, the scope of earning increases with the use of the PayPal Multicurrency extension! With this, no matter what your store’s base currency is, you will be able to accept payments from all over the world. 

2. Monetico Payment Gateway

The Monetico payment gateway Magento 2 extension is yet another popular integration that you can seek for your checkout page. Upon using this extension, your customers will be redirected to the official transaction page of Monetico to process the credentials securely. 

If you want to integrate card payment proficiency into your Magento store, there is no better option than Monetico for the same. Not only that, but you have the liberty to customize the look & feel of the gateway to implement consistency in your store design. Monetico is also loaded with advanced encryption technology to secure the customers’ credentials. 

The payment process will be completely automated, and secure codes will be provided to enhance the protective measures. Gone are the days when you had to stick to the complex default payment process of the platform, as Monetico brings in the online convenience for you to run your eCommerce store. 

3. PayTrace Payment Gateway

Among all the best options, PayTrace payment gateway is one of the most renowned extensions, introduced by Elsner Technologies, which promotes the idea of securing every transaction. This extension is PCI compliant to prove its adherence to the security standards. 

The best part of the PayTrace payment gateway is that your customers won’t be redirected to any new tab for entering their transaction credentials. Thus, it increases the reliability and trustworthiness of your Magento store. As the payment gets processed directly from the checkout page, your customers will eventually attain a positive experience while buying from your store. 

Among the other features, PayTrace allows you to accept payments from all the major debit or credit cards, even the ones that are accessible in the United States. Some of them include MasterCard, Discover, American Express, JCB, Visa and others. PayTrace is also compatible with Hyva, which is the latest theme for Magento stores. 

4. Payment Restrictions

Magento 2 Payment Restrictions is a popular extension that isn’t a gateway, to be specific but is an add-on feature. This extension enables you to restrict certain payment methods based on specific criteria such as shipping address, customer groups, cart items, product attributes and others. 

For instance, if you are selling your products to a remote ZIP code with high shipping rates, you might have to disable the Cash-On-Delivery feature. It is to be preventive about repelling any losses in case the customers return the product. This way, the productivity rate of the payment process will improve. 

Not only that, but you will be able to set your own payment restriction rules based on the total amount of the order or other parameters. Segment the customer groups and enable payment method restrictions accordingly. Use the dashboard to quickly enable or disable the payment restrictions based on your assessments. 

How to Integrate Payment Gateway Extensions to Your Magento Store?

You can avail of the one-click installation feature available across third-party marketplaces like the one Elsner Technologies has to offer. Here, you get the option to see a demo version of the extension before you can finally make the purchase. 

Once you buy the extension, you will be redirected to the steps to integrate it into your Magento store. Follow the steps as guided, and you will be able to use the feature on your store within minutes. 

If needed, you can take the help of Magento development company experts to ensure the integration is done correctly. Following that, if you don’t find any pre-developed extension relevant to your business needs, connect with the experts and let them build custom extensions for you to add uniqueness to the store. 

Read Also: Techinfobusiness

Parting Words

These are some of the top payment gateway Magento 2 extensions that you must rely on for adding authenticity and convenience to the checkout process of your Magento store. All you must do is test run all the extensions specified above and pick the ones that go well with your business needs. 

If needed, you can take the help of the professionals and let them guide you on the steps to integrate your chosen extension. When running a Magento store, you are limitless on how you can scale its functionalities, and adding a reliable payment gateway is one of the ways to do that!


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