Payment Gateways Posts

5 Gateways of Recurring Payments

Recurring payments made ample with multiple payment gateways to manage subscriptions and membership plans, Aheadworks claims a break-through.

5 Gateways of Recurring Payments

Aheadworks starts the season with a burst of two consecutive releases of updates to the Advanced Subscription Products, a best-selling extension for  Magento 2 stores. The success of the module feeds on the company’s keeping pace with the latest trends on the market of alternative payment methods. Ahead of innovations, we are constantly trying to predict what the future looks like. 

In 2020, 65% of all online transactions are predicted to be made using alternative payment methods.

Why the buzz

Recurring payments are at the core of the Advanced Subscription Products. These are automatic payments triggered against a pre-set schedule for subscriptions and memberships on selected products. The need to store and periodically process the details of customers’ credit cards or bank accounts on the side of the vendor raises issues for shoppers. They want the process to be secure, convenient, and fuss-free.

According to Experian, 27% of customers report abandoning a cart simply due to a lack of visible security.

Consumer demand brings about an utter response – merchants who want to deliver a customer-centric experience focused on flexibility, choice, convenience and speed opt for alternative payment methods. This empowers people to pay in a way that fits their needs and lifestyle, and takes security worries away.

How we keep you calm

Bambora APAC for Magento 2: One more way to feel comfortable with payments

Automate payment processing while providing extreme user-friendly checkout with Bambora APAC for Magento 2!

Many of you have heard of Bambora — a payment company that provides solutions for processing online payments, billing, transfers. After thorough research on the Bambora software, Aheadworks has grown interested in its advanced checkout functionality. We’ve put extra efforts into implementing the tool into the Magento platform to enhance the experience of handling payments for any merchant. With the extension, you get a completely secure payment gateway able to deliver fast results

Extension Features

  • Secure customers with the built-in Bambora input fields that isolate credit card data;
  • Stay relevant to PCI Security Standards as the extension do not define credit card data to any server but Bambora domain;
  • Benefit from SOAP API and Bambora WDSL combination to cover transactions steps fast;
  • Increase user-friendliness of payments with the Vault for Magento 2 support;
  • Manage complex payments of Advanced Subscription Products for Magento 2 by using Bambora checkout as an extra fee gateway;

What you get with Aheadworks Bambora APAC for Magento 2