Magento, being the most popular e-commerce platform
is accepted by millions of merchants to develop their online businesses. It
provides equal benefits for small, medium or the large sized businesses with
its varied compatible versions namely Magento Go, Magento community and Magento
enterprise editions. It is known for simple navigation and intuitive management
for the merchants and the shoppers as well. Thus, there is every reason to find
thousands of merchants flocking behind the Magento website development services
to acquire their websites and start business online.
One of the most important steps involved in the
shopping process is the transaction of money where in the account details of
the shopper gets registered. This process forms the determining factor of
earning trust of the customers leading to the success or failure of the
business. The payment gateway integrations are becoming more safe, secure and
universal these days owing to the availability of the cryptocurrency, Bitcoin. Bitcoin payment gateway integration services are adopted by several Magento
merchants today.
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| Benefits of Accepting Bitcoin on your Magento Store |
Bitcoin refers to a digital currency which could be
compared to the one in your bank wallet. Being a decentralized digital
currency, it is enforced and regulated by the principles of private/public key
cryptography, mechanism of SSL and SSH security verification, and mathematics. It
is anticipated that it may become the only means of e-commerce payment, and
emerge as the strong competitor to traditional money transfers.
Integration of Bitcoin services into your online
store developed on Magento e-commerce platform during Magento website
development or in an already developed site offers a competitive edge for
your e- store.
Some of the benefits of Bitcoin integration are as
follows:
·
Bitcoin
has no specific business practice requirements and the Magento merchants may
run their business in an efficient way.
·
It
reduces the barriers of purchase i.e., the purchase could be accepted
internationally without any regulation or infra-structure as it is a
decentralized currency.
·
The
funds are transmitted over the Internet instantly and thus, the shopper derives
all the benefit of a cash payment.
·
Today’s
most of the Magento website development companies are providing this
service as Bitcoin is more secure and it eliminates the risk of theft during
transmission.
·
It
reduces the transaction fees as compared to the other credit card networks.
·
It
envelopes the whole world as it is a unified currency and thus easy to handle
international customers.
Due to these benefits, we find more Magento
retailers today adopting the new payment technology for their e-commerce store.
Contact Details:
Magento Store
644, 6th Floor, Tower A,
Spaze iTechPark, (Above Shoppers Stop),
Sector-49, Sohna Road, Gurgaon – 122018 | INDIA
Tel: +91 124 4000977, Mobile: +91 7533006630
Email: sales@magentostore.co.in
Web: http://www.magentostore.co.in/
