As an owner of a Magento store, your first priority should always be securing the privacy and security of your clients who pay for something using their credit cards. Apparently all the merchants prefer a safe payment method that gives them deep satisfaction not only in terms of fully-blown trustworthiness of their customers but also in their intense transactions.
Stripe Magento integration as the safe payment gateway has a capability of immersing itself into your business without visible borders. It accepts all major credit cards approved in the market and carries favorable transaction fees and functionality. Furthermore, customers are able to do one click checkout.
This tutorial is a complete guide on how to configure the stripe payment method in your Magento portal. The basic procedures have been discussed at the end of this guide to help you set up for secure and faster payment for all your customers.
Stripe Magento Integration: An Overview
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The Stripe Magento integration provided by PowerSync would enable merchants to all comply with their PCI standards which would be done by connecting their payment process to their platform for all transactions to take place within Magento. The card details are securely tokenized by means of Stripe.js and so there is no need to enter or store the credit card information in Magento.
As well, it is possible to link a Magento platform either to a Test or Live Authorize payment gateway. Net transaction gateway, enabling customers to use all credit cards that the provider supports.
Besides that, shoppers can store their payment details in a secure authenticated environment provided by Authorize.Net for future rapid checkouts. The extension has adjustments for people whose banks require sophisticated confirmation, including the module that would support 3D Secure transaction exposition.
Magento 2 Stripe Integration: The Benefits
Through Stripe Magento integration, you can give your online stores access to a wide range of competitive features:
Global Accessibility
Stripe automates payments processing in over 40 countries and native language support in 25 languages. Moreover, it functions in over 135 currencies, helping your business to expand into the wider international market.
Diverse Payment Methods
Users can do the purchasing conveniently by leveraging more than 20 payment options including such as common credit and debit cards(eg, Visa, Mastercard, American Express), common mobile wallets(eg, Apple Pay, Google Pay) and various online payment systems like KLarna, Afterpay, etc.
Enhanced Security Measures
Stripe Magento integration gives priority to the security and safety of transactions in your online shops through the industry’s strong encryption protocols and advanced fraud protection features.
Customization and Integration Capabilities
Stripe integration with Magento 2 is tailored to include a robust suite of tools and technologies such as numerous Stripe Magento APIs and vast developer tools. Nevertheless, doing these personalizations should possibly include some level of code skills and some Magento coding skills.
Streamlined Checkout Experience
The use of Stripe in Adobe Commerce as a means of handling online payment processing to customers who make an online purchase ensures that the check out process flows smoothly and without hitches. The varied payment manner integration gives an excellent shopping experience and brings cart abandonment rate down during checkout.
Stripe Payment Gateway Integration in Magento 2: Various Options
Stripe Magento Integration is fluid and fast with the help of a Magento 2 Stripe payment extension. You’ve got two main options: these are feasible options such as, 1 is a Stripe connector built by Adobe, or 2 is a Stripe extension from other third-party developers.
Using Stripe Connector for Adobe Commerce
Here’s how you can install the Stripe Connector:
Step 1: Get the Stripe Connector from the Adobe Marketplace.
Step 2: Open up your command terminal and type in this command in your Magento folder:
composer require stripe/stripe-payments
You’ll need your Adobe Commerce authentication keys for this step.
Step 3: Set up the Module by running these commands:
php bin/magento setup:upgrade
php bin/magento cache:flush
php bin/magento cache:clean
Step 4: If your Adobe Commerce is in production mode, you’ll also need to do this:
php bin/magento setup:di:compile
php bin/magento setup:static-content:deploy
If you’re installing the module from a raw package, follow these steps:
Step 1: Download the module.
Step 2: Extract the module in your Magento (Adobe Commerce) directory by executing:
tar -xvf stripe-magento2-latest.tgz
Step 3: Install the Stripe PHP library by executing:
composer require stripe/stripe-php:^7
Step 4: Set up the module by executing:
php bin/magento setup:upgrade
php bin/magento setup:di:compile
php bin/magento cache:flush
Step 5: If you are running Adobe Commerce in production mode, compile and deploy the static files for the module by executing:
php bin/magento setup:di:compile
php bin/magento setup:static-content:deploy
And that’s it! You’re all set to start accepting payments with Stripe on your Magento 2 store.
Using Other Alternative Extensions
The Stripe Magento Integration using Stripe Connector is challenging for business owners who are not technically at ease. Sometimes you are confused due to coding requirements or during integration and configuration processes which are not errors. Some of these errors include:
- Stripe checkout page not showing because the Stripe PHP library does not have any recent update.
- Inability to find Stripe module in the marketplace account as the API keys were not compatible with the local composer for connecting to the sandbox.
As a result, the majority of the visitors would rather utilize a Magento 2 Stripe payment gateway extension as an easier way to get access. In case you consider using another extension, the following modules were chosen by our reviewers, taking into account their pricing, security functions, and supported payment methods.
Stripe Payment for Magento 2 by Mageplaza
The Stripe Payment for Magento 2 extension facilitates customer payments through diverse methods directly on the store’s checkout page, enhancing user convenience.
Price:
- Standard: $199/first year
- Enterprise: $399/first year
- Installation free: $50
Key Features:
- Accept a range of card types for payment.
- Support for widely used and local payment engines.
- Enabling selling methods through smart devices.
- Incorporation of authentication process with 3D secure technology.
- Store customer card details securely for subsequent times.
- Give the administrators the power to create new orders and process payments for the customers by using the admin website.
Stripe Payment Gateway by Magenest
This plugin to be used in Magento payment gateways guarantees smooth payment processing in addition to security improvement and anti-fraud measures applied. The Magento 2 Stripe integration process is easy with the plugin, and it provides multiple payment options, supports multi-currencies and offers either full or partial refunds.
Price:
- Open Source: $99
- Commerce (Enterprise/ Cloud): $249
- Installation fee: $50
Key Features:
- Take major credit card types as payments.
- Support for the local payment methods like SOFORT, Multibanco, EPS, and AliPay.
- Compatibility with multiple currencies.
- Establishment of tokenization, 3D Secure versions 2.0, and CVC/AVS verification.
- Integration of the smart payment filters to prevent fraud.
- Stripe.js v3 synchronization via Stripe Elements usage.
Magento 2 Stripe Payment Extension by MageDelight
Magento Stripe Payment extension by MageDelight takes care of this niche by providing a plugin that can get Stripe payment gateway incorporated into your stores. This Magento 2 Stripe payment extension uses Stripe.js for safeguarding the transaction data of customers therefore avoiding the risk of PCI compliance issues.
Price:
- Open Source (CE): $149
- Commerce on Prem (EE): $299
- Commerce Cloud (ECE): $349
- Installation fee: $49
Key Features:
- Enable payments globally in currencies of different countries.
- Facilitate users to choose a country list to work with the account.
- Preserves clients’ financial security by developing tokenization technology that complies with PCI DSS.
- Enable customers to do safe and sound storage of their credit card information for the forthcoming transactions.
- Support for 3D secure authentication.
- Integration with AliPay as a payment mode through Stripe
- Online management of refunds
Contact BSSCommerce’s Magento Integration Services
Thus, this is when the Magento integration services of BSS Commerce come in handy. As one of the leading Magento partners, BSS Commerce promises to deliver the most seamless Stripe Magento integration project to you as we are confident with our core strengths:
- Having 11 years of experience in accomplishing numerous eCommerce projects around the world
- Being recognized as an “ISTQB Platinum Partner”, representing the highest certification that testers can achieve at the national level
- Being trusted by numerous clients globally, reflected in our exceptional 90% rate of returning customers.
Let our Magento integration service help you perform your payment gateway integration efficiently!
FAQs
How long does it take to integrate Stripe Connect?
If you can implement a simple Stripe integration into your system within a week, however, consider the timeline below, where taking into account specifics is likely to make the integration of Stripe into your internal systems more complicated. During this situation, the total integration is calculated to be somewhere between less than 1 month to up to 3 months.
Does Stripe have a limit?
There will not be any restrictions on the amount payable by Stripe, but the minimum amount required to start the payout will be applicable. Usually, the least amount of payout is of the local currency (one base unit).
Can Stripe accept international payments?
Online payment services such as Stripe have become a common platform worldwide, especially for internet transactions, including e-commerce in particular. These platforms are suitable for anyone irrespective of the size of the transaction since they are easy to use and fast. Besides, they can also handle the transactions that are more sizable.
Final Words
Ultimately, Stripe plays a vital part in any business development. Stripe Magento integration for your e-commerce store is actually surprisingly easy. The situation gets complex, however, when the free Stripe Connector poses some issues and you want to use another module. In this vein, the selection of the 3 best Stripe Payment gateway extensions are made by our experts for your convenience. Make sure you pick one that allows for hassle-free use and comes with functionalities that make payment at checkout quick, seamless, and delightful for customers while converting more to make a sale.
Along with the Magento 2 Stripe integration, we also provide other use articles for you to check out below:
- Magento eBay integration
- WordPress Magento integration
- Magento Mailchimp integration
- Magento Hubspot integration
- Magento 2 Amazon integration
Now is the time for you to unleash the capabilities of Stripe that are so beneficial for your Magento 2 merchants. If you still have any doubts or questions relating to the Stripe payment gateway integration in Magento 2, do not hesitate to reach out to BSS Commerce for more detailed information.
