Visa, Master Card & Adobe Urges Merchants to Migrate to Magento 2.x

Payment processors like Visa, Mastercard, and PayPal have issued a notice regarding the recently ended Magento 1 life support by Magento and its implications on the platform. Adobe also has notified its Magento 1 merchants that after June 30^th, it won’t respond to any query or provide any security or quality patch. Merchants who still want to stay with the EOL platform, then they have to resolve any issues or bugs arising after the EOL date of Magento 1.

Payment processors like Visa and Mastercard briefly explained the implication and what will happen to their Magento store after Magento 1 EOL. They mainly stressed on the point that the Magento 1 stores may lose PCI compliance, due to which they may not be able to take and process payment. Even the processors like PayPal requires you to be compliant with the PCI DSS guidelines.

Not complying with PCI DSS would attract heavy fines from the PCI council ranging from $5,000 to $10,000 per month. Not only that, but there will be constant attacks from hackers to hack and steal customers' payment data. Read this article to find out the only way to avoid all that from happening.

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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