Unveiling Magento Version 2.4.7: What’s New and Improved?

Magento, introduced in 2008, is a popular open-source e-commerce platform that streamlines e-commerce operations and delivers sellers with ready-to-use marketing, project management, and SEO, offering omnichannel experience to merchants. The unparalleled features of Magento establish it one of the preferred choices for online retailers looking to build and manage their e-commerce stores.

We’ve brought some great news for Magento and Adobe Commerce users. Let’s welcome the forefront of a new e-commerce transformation: Magento 2.4.7 beta3 version.

This new Magento upgrades is not merely an iteration but is intended to improve the performance, security, and user experience of Magento-powered websites. The latest version vows a trailblazing level of performance and reliability for shoppers and merchants. It comes with a compelling mix of security improvements and performance optimization features. Let’s dive deeper to explore what makes Magneto 2.4.7 a pivotal update for the e-commerce community and explore the benefits of Magento 2.4.7 in 2024.

What New Can We Expect from the Latest 2.4.7 Update?

Security Enhancements: Make your Magento Platform More Secure Than Ever

Safeguard your Magento-based online stores and sensitive customer information from unwanted cyber-attacks. The latest version of Magento security enhancements incorporates the security fixes from Adobe Commerce patch release 2.4.6-p5, 2.4.5-p7, and 2.4.4-p8. Furthermore, you will get additional security features like IP listing, 2FA, and VPN usage.

List of the latest security improvements:

• Admin URL Optimization: Get your Magento more secure with a random default admin URL.
• Cache Configuration: Minimize the potential risks by controlling API request limits.
• Cache Key Behavior Changes: Utilize special prefixes and character cache key limitations for blocks
• Rate Limit for GraphQL APIs: Merchants can minimize the rate for the payment information used through REST or GraphQL APIs and it also protects from carding attacks.

Moreover, this new version brilliantly tackles the issue in the REST API GET and POST V1/products/attributes by offering two new REST endpoints. Developers can gain extra space in attribute management.

Security Significance for E-commerce Platforms Updates

Magento is a renowned name for security, as it offers additional protection against common vulnerabilities, ensuring that store owners can maintain a safe shopping environment for their customers.

Additional Precautions User Must Follow

• VPN Applications
• Make Strong Passwords
• Use Unique Location through VPN

Platform Improvements: Magento is More Performance-Centric Than Ever

Magento 2.4.7 beta introduced performance optimizations that reduce page load times. These enhancements make navigating both front-end and back-end seamless and more efficient.

With the latest changes, enterprises can now manage up to a million active coupon-based cart price rules in performance optimization in Magento. Bulk operations will be managed efficiently due to indexer management optimization, sales rule performance, store-level configurations, etc. Experience faster page loading in the latest version. Merchants can anticipate a better responsive experience than its previous versions, as REST Import API now supports JSON format. It will lower the bounce rates and improve conversions.

Explore the Tech Compatibility

Let’s judge this version to test its compatibility with PHP and MySQL. Luckily, Magento is perfectly compatible with PHP 8.3 and PHP 8.2.

Note- PHP 8.2 will be functional until 12/2025. If you are using 2.4.7 deployments, please consider switching to PHP 8.3 from 01/2026.

This version supports for:

• Compatible for varnish cache 7.4
• Suitable with Composer 2.7.x
• Align with RabbitMQ 3.13 Well
• Redis 7.2 supported
• OpenSearch 2.12 and OpenSearch 1.3 supported
• PWA Studio v14.0

For Developers and Tech Professionals (Extensions and Themes)

You can use an extension meta package that automates the bundling of selected extensions with the core release. The composer helps with automatic updates and reduces the need for manual installation, eventually simplifying the merchant’s extension management. Leverage the advantages of Magento 2.4.7 in its latest version through these extensions:

• Removal of the jQuery/fileUpload library
• All JavaScript libraries and NPM dependencies have been updated
• Extjs library has been replaced with the latest version of jsTree
• New Laminas library dependencies are fully compatible with PHP 8.3

What’s New Features in Magento 2.4.7?

Magneto is a pioneer name in adapting and leading innovative eCommerce trends—good news for e-commerce businesses and developers alike looking to expand in the world of online commerce.

Adobe Commerce has introduced the latest upgrade for Magento. It has been launched on April 09, 2024. It brings 150 new quality fixes and improvements that include:

• Platform Improvements
• Security Enhancements
• Page Builder Improvements
• GraphQL Caching Improvement
• PWA Studio
• Magento Open-Source Extension Meta Package

Global eCommerce sales are expected to grow astonishingly by about $3,647 billion this year. That’s enough to show the scale of impact Magento will make in the coming future. Are you excited to explore the latest update from Magento 2.4.7 beta version?

Webhooks

Magento developer will get extra space to configure synchronous logic to execute calls to external systems in the case of event trigger like Commerce webhooks (v1.2.0) from Adobe Commerce.

Gain More Control Through Artificial Intelligence

With the latest API capabilities, Magento 2.4.7 beta facilitates advanced integration with 3rd party applications and services. This improvement supports more seamless synchronization with CRM systems, marketing platforms, and other vital tools for building a comprehensive eCommerce ecosystem.

What’s new in payment processing?

Payment processing has been a crucial element in the conversion rates as maneuvering impulsive customer buying habits can be fruitful in several ways.

• PayPal– Allows to store new debit/credit information for the previously logged-in customers through the customer account area. They can have more choices like PayPal Credit, Pay Now via default card etc.
• Utilize Express Payment at Checkout– Get more express pay options at checkout like PayPal, PayPal Later, GPay and Apple Pay.
• Google Pay– Customers are allowed to store their sensitive Google Pay payments data for future uses.

GraphQL

• Introduced enhanced caching and support for customer attributes
• Noticeable improvements in GraphQL caching capabilities with faster page loading
• Minimized parser method calling for better performance improvements
• Now user can cancel order after GraphQL new update

Page Builder and PWA Studio

• This new beta version supports for Page Builder and PWA Studio
• Enhancement in PWA Studio for better feature accessibilities

Shipping

Get more of the world’s popular shipping options in the new Magento release and deliver the benefits of a seamless shipping experience to your customers:

• FedEx– The new beta version is easily compatible with FedEx Restful APIs.
• USPS- Supports new USPS Ground Advantage shipping method. It will replace older shipping features like USPA Retail Ground, First-Class Package Service, and Parcel Select Ground. Retrieval of shipping rates and scheduling deliveries will be easier and faster.
• UPS– The older Commerce UPS XML API gateway has been moved to Commerce UPS REST API, which will support security model update to 0Auth with bearer tokens.

Leverage the Community Feedback from Magento

Magento is more than just an e-commerce platform. It encircles a community of vibrant developers, designers, and merchants who are passionate about the open-source e-commerce platform. Without the collaboration of bright minds, people, and knowledge sharing, Magento wouldn’t be a big name now in the industry. If you’re curious to know more about community-driven enhancements in Magento 2.4.7 on community forums, you can find them on Twitter, LinkedIn, YouTube, Stack Exchange, and GitHub, or search for #Magento2. For more live information related to the benefits of Magento 2.4.7 versions, stay tuned to these community platforms.

Do You Need to Hurry and Upgrade Magento 2.4.7 to the Latest Version?

It’s not mandatory if you are currently using the latest stable version. Your previous version is valid for 2 years. This newly updated beta version is in an unstable state, so wait for a few weeks to get the stable version to prevent your business from having any possible negative impact.

Magento 2.4.7 Benefits to upgrade:

• Mobile Optimization
• Flexible Extensions
• Get High Scalability
• SEO Improvements
• Streamlined Checkouts
• 24*7 Community Assistance
• Stay Future-Ready

How Ignitiv Can Assist You?

The latest upgrade of Magento 2.4.7 beta is an exciting development for the Magento community members, proposing new features and enhancements that improve the platform’s overall performance and user experience. For all the plausible reasons, Magento continues to evolve. It remains a top choice for businesses pursuing a scalable and prominent e-commerce platform evolution.

Ignitiv, a pioneer in customer experience solution provider, and it’s Magento experts are ready to work with you to bring your eCommerce dream to life. We apprehend the Magento ecosystem better than our industry contenders, giving your eCommerce business an extra edge. Connect with us now!

Get the latest version update from Magento 2.4.7 to deliver a better, faster, and more secure eCommerce experience to your customers.

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