If you’re operating an eCommerce store, you need to have a trusted payment system to allow your customers to make payments from all over the world.
A secure payment system is a valuable factor that determines the authenticity of the transactions and your online store.
The role of a good payment gateway is to ensure that the transactions are accomplished securely between customers to merchants and payment processor.
Magento is a flexible platform that allows integrating a whole set of top quality payment gateways with your Magento Store.
But magento platform does not decide that which Magento 2 Payment Gateway Extension is the best for your eCommerce store, it depends on your customers’ shopping behavior, demographics, currency and other different factors which should be considered when selecting a payment gateway for your website.
For every business, there is something to appeal to. It’s just a matter of determining what works for you and your target audience. Let’s check out a range of the most popular Magento payment gateways offered by MageDelight.
Top Payment Gateway Extensions for Magento 2 Store
Here are the top Magento 2 payment gateway extensions you can consider in your online store.
1. Authorize.net Customer Information Manager (CIM)
Authorize.Net CIM allows your customers to store payment information on Authorize.Net’s secure servers and takes the payment process to the next level. This gives you and your customers the convenience of stored credit cards, with all the security and safety of Authorize.Net.
Features of Magento 2 Authorize.net CIM:
- Pay by credit card or eCheck
- For enhanced security, enable Accept.js to send CC info straight to Authorize.Net
- Save credit cards for reusing for future payments
- Add, edit, and delete saved payment data for each customer
- Capture funds even after the authorization expires or Save Info
- Partially invoice orders
- Refund or partially refund orders
- Void/cancel authorizations
- Sending shipping address with transactions
- Sending line items with transactions
- Require CCV code
- Address Verification (AVS)
- Magento API support
2. CyberSource Tokenization
The CyberSource Tokenization extension is designed to facilitate secure transactions by replacing sensitive payment data with a unique identifier which does not correlate with credit card information.
Customer’s sensitive data (credit card number, billing address, etc.) is stored within CyberSource’s PCI-Compliant server, and only the associated Token ID is stored in Magento’s database.
The Token ID typically retains the last four digits of the card number to match the token to the card owner accurately but generates the remaining numbers using proprietary algorithms.
When a transaction occurs, the token ID is passed to CyberSource by Magento, and funds are transferred so that no sensitive data enters the Magento environment.
Features of Magento 2 CyberSource Tokenization Payment:
- Fraud prevention measures
- Receive payments without any hitches.
- Reduces PCI DSS Scope
- Accepts all Major Credit Cards / Debit cards
- Allows creating credit memo online for invoice.
- Generate online Credit Memo, also allowed a partial refund.
- Accept payment with almost all type of credit card.
- Void/cancel authorization.
- Sending line items with transactions.
- Multi-store Supported
- Multi-Language Supported
- 100% Open Source
- Free Lifetime Support
- Free Lifetime Upgrades
3. CyberSource Secure Acceptance
Cyber Secure Acceptance extension for Magento 2 allows merchants to store HTML order forms on their web servers, allowing the customer to enter their payment data into the fields quickly; including account number, name, shipping address, etc. As CyberSource hosts these payment fields, therefore, all payment data entered are directly stored on the CyberSource servers, securely with the help of the extension and not in your Magento environment. The merchant then receives a response from CyberSource to inform them whether or not the transaction was successful.
Features of Magento 2 CyberSource Secure Acceptance Payment:
- Tokenization of cards
- Supports major credit and debit cards
- Advanced fraud checking and handling
- Supports online refunds
- Extend both Decision Manager and MDD
- Support for multiple currencies, multi-languages, and multi-store setups
- Detailed logging and reporting
- Easy to setup and configure
4. Moneris Payment Module
Moneris payment module for Magento 2 store owners enables them to integrate secure and reliable Moneris payment gateway and accept payments online.
The highlight of this extension is that it doesn’t redirect customers to the payment gateway site for making their payments successful.
The plugin also offers various options like minimum and maximum order value, payment methods customers can use, and options like save or not save the card.
Features of Magento 2 Moneris Payment Module:
- Create orders for customers using their credit cards
- Manage customers’ order history
- Create multiple invoices of same order
- View and manage all details of transactions with credit card details
- Ability to make the partial refund
- CCV verification
- PCI compliant
- Complete control over customers’ credit cards
- Support multi-store and lifetime upgrades
5. Stripe Payment Module
With the Stripe Payment Module extension for Magento 2 allows customers to save the card for future payment and add/delete cards at the checkout page.
The module is PCI compliant and offers a simple and secure way to store and manage cards on Stripe server.
Features of Magento 2 Stripe Payment Module:
- Accept payment with major credit cards.
- Accept any currency supported by Stripe.
- Uses Stripe.js to manage cards for full PCI compliance
- Admin can manage saved payment data for the customer.
- A customer can set default credit card from card list.
6. First Data Payment Module
First Data Payment extension offers a simple and fast payment process for the customers.
Customers can save their card details on secured First Data Global Gateway (FDGG) servers and access the information during checkout.
The module facilitates merchants with easy integration of the payment methods. Customers are not required to leave the Magento store for making the payment.
Features of Magento 2 First Data Payment Module:
- If you are unable to process the order fully you can refund a part of the order directly via the admin
- Authorize the payment, generate the invoice and capture the money when you are ready to process the order.
- Authorize, capture and generate invoice immediately.
- Cancel an order that has not been processed (invoice not generated)
- Refund an order that has been processed – that is invoice generated (amount captured)
- PCI compliant
- CCV verification
- Support multi-store and lifetime upgrades
The success of a Magento store lies behind the usage of the right payment gateway for your business. This means that the payment module you’re using meets your short-term as well as long-term business goals.
Are you mulling to add an efficient payment gateway to your Magento E-commerce website? Not able to decide which one is right for your site? If yes, then you should gaze the above-listed options and choose accordingly or ask us about your Magento store requirements at [email protected].
