Paypal Ended Support for Magento 1 before its End of Life : Now What Next?

PayPal payment processor has notified Magento 1 merchants through the blog post and email suggests to go for Magento 2 migration before Adobe pulls plugs on the Magento 1 platform. The announcement from PayPal also goes on to list the consequences of not migrating.

PayPal Mentions the risk involved and what happens if you continue to stay with Magento 1 platform after EOL. The risks like a data breach, security breach, falling out of PCI DSS compliance, and others are few increased risks Magento 1 merchants have to bear.

Once you lose the PCI compliance, you won’t be able to take payment and it would become easy for hackers to target your store for stealing data. PCI DSS standards are set by the major payment processors to secure the transaction against theft and fraud.

So, it applies equally to all the merchants and payment processors worldwide. And PayPal is not an exception for this rule and thus, merchants who have integrated PayPal also have to comply with PCI DSS standards. Read the full announcement of the PayPal about Magento 1 EOL In detail to know more about what you should do to stay compliant with PCI DSS guidelines.

How to Survive your eCommerce business in the time of Corona Outbreak

An unprecedented event like the corona pandemic has put the lives of many people and businesses at risk. The uncertainty of the event has terrified many fear-stricken people. Businesses are waking up in a world where the COVID-19 has been able to overtake the economy. Many businesses have lost their balance for operating at a rate they would in normal conditions. That’s when the emergency plan comes into the picture. Big corporates have a specialized team for analyzing risk and how to manage the business during emergencies like COVID-19. But small business does not have such teams or an emergency plan either. So, what they can do is to prepare a business for the worst case scenario, explore insurance options, spread ways to minimize the effects of the pandemic, take care of your worried customers and employees as well. There are strategies aggressive actions that you can implement right away. Also, be transparent and optimistic in your communication over the different channels. B

Top 10 Best Payment Gateways in India [Updated]

Due to the increase in the internet user base, the digital economy of India is growing. As per Statista, the eCommerce market share in India will cross the $64 billion mark for the year 2020. And by the year 2027, ‘tis expected to grow beyond $200 billion. From these statistics, we can say that the digital economy of India is growing day by day. Also, one report estimates that India will have 2.2% of the global digital payment market share by the year 2023. Thus, to conduct such kinds of huge digital payments, Indian service providers and eCommerce owners need strong, secure, fast, and user-friendly payment gateways in India. And due to the digitization move getting stronger day by day, people have started to use credit/debit cards, digital wallets, and other methods for doing payments on online platforms. As a new age entrepreneur and startup, you should look for transaction charges, time for setup, user interfaces, payment options, after-sale support, etc before selecting a pay

‘Figure Out’ 16 Reasons to Migrate to Magento 2 from your old Magento 1 Store

As we all know that Magento is shutting off Magento 1 from its list and are only going to focus on the development of Magento 2. So, the only option Magento 1 users have is to migrate to Magento 2. And June 2020 is the deadline for Magento 1. After that no technical support from the Magento team will be provided. Most of the users, foreseeing the future of Magento 2, have already transitioned to Magento 2. But there are still Magento 1 merchants who are confused and don’t know why they should rush into migrating to Magento 2. First, let’s talk about what happens if you do not migrate to Magento 2, Magento is ending support for all Magento 1.X editions. It means that no quality or security patches after June 2020. Magento 1 will become an outdated platform. It will have bugs and critical issues without any reliable solutions. With an outdated platform and critical bugs, you could lose PCI compliance. No PCI compliance means that you cannot accept payment via credit cards. Th

Dennis Walters

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