Setup Payment Gateway in Magento 2
Magento 2 is a versatile e-commerce platform with a lot of potential. However, one of the platform’s most difficult features to figure out is most likely establishing payment options.
Every e-commerce company’s operation (and ultimate success) are dependent on an efficient payment method. The journey begins and ends with the payment page. A small error or a bug in the payment process can result in a loss of business.
EcomBack has created this tutorial to show you how to configure payment methods in Magento 2. We walk you through each step so that you can have your store up and running as quickly as possible.
How to Configure Payment Methods in Magento 2
First, head to STORES > Configuration > Sales > Payment Methods > OTHER PAYMENT METHODS, and you will see the following supported payment methods:
- Check / Money Order
- Cash On Delivery Payment
- Zero Subtotal Checkout
- Bank Transfer Payment
- Purchase Order
Check / Money Order
A check or money order is like sending cash but safer. When a customer needs to you’re your business money but they don’t want to use cash or a personal check, this may be the right solution.
To configure the Check / Money Order payment method, expand the section and enable it by switching to “Yes.” Enter the relevant information.
Cash On Delivery Payment
The Cash On Delivery payment method is an option in which the client pays after receiving the goods. This payment strategy is popular and practical for customers who do not wish to use internet banking or online payments. You can also approve this payment method for customers from certain countries.
To configure this method, expand the Cash On Delivery Payment section from the Magento 2 Payment Methods page. See “Enabled” and select “Yes” to allow the payment method on your store.
Zero Subtotal Checkout
When the order has a total check-out value of zero, Zero Subtotal Checkout is necessary. This may be the case when a discount or coupon with free delivery and handling is used or when a store owner offers a promotional item.
Bank Transfer Payment
Around the world, bank transfer payment options have become a popular way to pay. A merchant can accept payment that has been directly transferred from a customer’s bank account and deposited into the merchant’s bank account. You may change your payment preferences in the admin panel of Magento 2. This payment method is also restricted to only authorized consumers from specific countries.
Purchase Order
Commercial clients can use an authorization number known as the PO number to make payments for products. This is generally used for wholesale purchases and has been authorized and issued ahead of time by the company manufacturing the purchase. The business processes the payment in its accounts payable system after receiving the invoice and pays for the goods. Before you configure this payment option, verify that your client is a legitimate business before proceeding.
Braintree Payment Method
Expand the Braintree section and select the Configure button to begin the configuration. Follow the instructions and fill out all the information.
PayPal Payment Method
This is considered one of the most convenient payment methods nowadays. It is confirmed that integrating PayPal into your store can increase conversion rate twice and raise the overall customers since it is so widely trusted and used for its fast checkout; utility when accepting debit cards, credit cards, and almost all currencies in the world; as well as absolute security.
To manage the PayPal Express Checkout Payment Method on your Magento website, first you need to configure your PayPal account. In order to do this, find out your PayPal account ID, your email address, your API username, your API password, and your API signature. Finish filling out all sections, then set Enable this Solution to “Yes.”
Now that you’re done configuring all the necessary Magento 2 Payment Methods, you can provide more convenience to your customers. We hope this how-to guide has helped you improve your Magento 2 store.
Feel free to share your opinions and ask questions by emailing sales@ecomback.com.
