Magento Payment Gateway Integration : A Step-by-Step Guide

Magento has established itself as an eminent e-commerce service provider. Considered among the world’s most extensively used e-commerce platforms, around 131437 websites are operational on Magento. Magento is primarily known for its compatibility and flexibility with many payment gateways that enable seamless online payment processing. Integrating a Magento payment gateway is mandatory to ensure the success of an e-commerce website. Discover the crucial steps to enhance the payment process in Magento 2 by incorporating a payment gateway, resulting in faster and more secure transactions for customers.

Integrate the best payment gateways in your Magento 2 store using the Magento 2 payment gateway integration service and effortlessly accept global payment transactions.

Consider These Essential Factors Before Choosing the Right Payment Gateway for Your Magento Store

The end goal of e-commerce payment gateways is to make online payments fast and secure. Consider these factors before choosing your Magento 2 payment gateway:

1. Can you trust your payment gateway security?

The authenticity of payment gateways is directly linked to customer data security. If a customer encounters a slight malicious or data breach activity while making payments, they will abandon the cart and leave your online store. It may hamper your brand presence. Security always must be the top priority for e-commerce merchants while selecting Magento payment gateways. Also, if your online store permits credit card payment methods, it must be PCI-standard compliant. Managing sensitive customer credit card details can be seamless. A third-party Magento-integrated payments system that meets PCI compliance standards can be a good gateway investment in the long run.

2. How seamless checkout experience will be for your customers?

Technically, it’s just the gateway between you and your customer during transactions. Contemplate efficient strategies for seamless and user-friendly checkout experiences. Often customers from countries like USA and Canada are always discouraged from making online payments due to the complex interface of payment gateways.

3. Does your payment gateway support multiple payment options?

Dealing with global customers often demands various payment options. If you invest in payment gateways that offer different options for Magento credit card processing, your sales figures will improve. Always ensure your payment gateways accept popular Magento payment methods like credit/debit cards and mobile payments.

4. Are there any budget constraints to implementing a new payment gateway?

Often, we see gateway providers charge extra for their services. Always make sure about the hidden charges and Magento credit card processing fees to avoid potential budget mismanagement.

5. How many types of payment gateway are available in the market?

Primarily, there are four types of e-commerce payment gateway available in the market:

1. API-Hosted Payment Gateway
2. Self-Hosted Payment Gateway
3. Local Bank Integration Payment Gateway

Integrate Payment Gateway in Magento 2 for Your Online Store

Now, you’ve chosen your e-commerce payment gateway for your online store. The next step is to integrate it with your Magento website. Follow this quick guide for seamless e-commerce payment gateway integration with a few easy steps:

Step 1: Signing Up New Account

Select your favorite payment gateway. Sign up for a new account with the payment gateway provider. Fill in all the required verifications and collect your API credentials such as API key, secret key, etc.

Step 2: Install the Payment Gateway Extension

Magento 2 supports multiple types of payment gateways through extensions. You can follow these steps to install your payment gateway.

• Log In to Your Magento Admin Panel: Search for the Magento admin panel and log in with your account credentials.
• Visit Magento Marketplace: Go to the Magento marketplace and find the payment gateway extension you need for your online store. Also, ensure the extension you choose is compatible with your Magento 2 version.

After finishing the account setup, install the Magento payment gateway plugin/extension from the admin panel. Follow these steps:

• Click on System
• Web Setup Wizard
• Module Manager
• Search Payment Module and Enable

Step 3: Configure the Payment Gateway

1. Access Payment Methods

Search on the admin panel for the payment method you want to configure.

• Click on Stores
• Configuration
• Sales
• Payment Methods

2. Choose Your Payment Gateway 

Search for the newly installed payment gateway from the available payment options.

3. Enter API Credentials 

Add the API credentials you got from your payment gateway provider such as API Key and secret key.

4. Configure Additional Settings

Set other options like payment action, title, and sort order.

5. Save All Configurations 

After finishing all the settings, click Save Config to apply the settings.

Step 4: Test the Integration

Before going live, it’s important to test your payment gateway to ensure its seamless operations:

• Activate Test Mode: Most of the Magento payment processing gateways offer a test mode. Enable it in the payment gateway settings in Magento.
• Test the Payment Gateway Transactions: Create test orders to check whether the payment gateway process is working or not.
• Evaluate Transaction Records:  After finishing all the required settings through the Magento admin panel, check whether the payment gateway is working or not by making a sample transaction

Step 5: Go Live

If you are assured about the payment gateway working, disable test mode and activate live transactions. Monitor and maintain order requests and Magento payment options to ensure everything runs seamlessly.

Final Takeaway

Following the right steps while integrating a payment gateway into your Magento 2 website will ensure a seamless transaction and boost sales conversions. We hope this brief blog tutorial has covered all the essential steps to configure the Magento payments gateway. Magento 2 payment gateway integration service offered by a world-class customer experience company like Ignitiv ensures seamless integrating payment gateway. The payment module in Magento 2 integrated by our certified Magento experts, provide payments through different credit/debit cards of all major banks in USA and Canada. Discover deeper insights on the Magento platform here and ensure a secure checkout experience for your customers.

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