Why PayTrace Payment Gateway is Best for Magento E-commerce Stores?
When you buy a product offline, hard cash is needed but what about online shopping? For online shopping, a service is required that processes credit card or any other payment mode for the stores. It is difficult to imagine the world of online shopping without payment gateways. The amount of trade has grown at a rapid pace since the introduction of E-Commerce and its applications. The payment gateways have significant importance in the fast growth of the E-commerce industry.

A payment gateway executes a transaction of an e-commerce store similar to a physical selling method. It connects the merchant account with the bank account for payment processing. Without appropriate integration, a customer can’t make a payment. Offline payment problems can be fixed easily but what about online payments?
Therefore it is very important to get a robust payment gateway. A reliable payment gateway should have below mentioned qualities:
- The experienced technical support team for maintenance
- No downtime and 24/7 availability
- Proper integration instruction and code samples
- Should be compatible with the latest communication protocols
- Test platform
All these features must be under one umbrella. However, choosing a payment gateway is still a complicated task. Many experts have recommended PayTrace as the best Magento payment gateway for online payment. All the above-mentioned features are available with this gateway.
PayTrace allows e-commerce stores to use their secure servers and anti-hacking standards to make card payments. It was launched in the year 2004, have more than 35000 users and process more than $20 Billion on a yearly basis. It is PCI validated and offers comprehensive payment processing solutions to users.
The data of the user is saved within a 3 Tier security layer and is offered with encrypted card readers. No charges are required for the customer profile stored in the PCI compliant database. A unique user id is created that is supported with multi-factor authentication. Security tools are integrated to identify any sort of cardholder fraud. Tell Magento 2 development firm to integrate PayTrace with your e-commerce store for secure online payment.
Buyers always prefer an online store where buying experience is satisfactory. The payment is easily done from the checkout page without any sort of delay. The trouble-free and automatic checkout has helped many e-commerce brands to enhance shopper satisfaction.
The process of paying online might appear lengthy for some users, in actual it is a fast process taking only 10–20 seconds, however, the speed of connection and the web traffic plays an important role. A payment gateway is very essential if you wish to accept the transactions online. This software application is an essential e-commerce tool.
Conclusion:
Compatibility of the payment gateway and Magento E-commerce website matters a lot in the overall success and reliability of the business website. For this reason, choose PayTrace as a payment gateway because it hosts all the necessary elements required for the safe online transaction.