Fme Extensions Blog

Latest news, tutorials, and best practices for Magento

December 13, 2023Magento: Extensions, Custom Development or Both? Choose Wisely

Hey there, fellow e-commerce enthusiasts! Let's talk about spicing up your online business game with some top-notch solutions. If you've been on the lookout for ways to boost your online store's efficiency, you're in luck! Enter Magento - the superhero among e-commerce platforms that's been hitting the mark.

December 11, 2023Top Magento Alternatives and Competitors in 2024

Hey, savvy e-commerce wizards! Are you ready for a whirlwind adventure into the vibrant world of online selling? Picture this: you're about to embark on a quest to find the ultimate e-commerce platform that'll skyrocket your business to the stars. Today, we're spilling the beans on the hottest topic around – the top alternatives to Magento in 2024.

December 6, 2023Magento Security: Measures & Best Practices

Hey there, fellow Magento store managers!

May 3, 2024Magento 2: How to Restrict Payment Methods by Specific Customer?

Magento 2 is an open-source platform having tons of built-in customization options to optimize your online store. If you’re running international business then many time, you need to restrict specific payment methods for a specific region(s) or a customer(s). Why Restrict Payments? Creditworthiness Not every customer has a sound financial history. They may be habitual in making late payments or their desired payment methods may end up being declined. From a business perspective, such customers are just a recipe for disaster. If you cannot stop selling them altogether, the least you can do is force them to pay using a method that is the most reliable and secure. To Prevent Fraud The below figure shows the most widely used payment methods for fraud. Source: Statista It may be that your store is experiencing high levels of fraud from PayPal. You can decide to block it altogether or restrict its use to your most loyal customers only. You may think that out of 100 transactions, only 3,4 may be fraudulent. Hence, there’s no need to look for Magento 2 restrict payment methods. But that’s not the case. As you can see from the above image, eCommerce losses to payment frauds are quite high. Source: Statista These losses will only increase in the coming years. Therefore, the moment you experience a fraudulent transaction, working on preventing it again by restricting payment methods in Magento 2. Customer Preferences Certain customers have a preference for a specific payment method. For example, if you are selling high-value products, customers are least interested in ‘buy now, pay later’ schemes. They would prefer to make a full payment right away. So, offering them methods such Klarna serve no purpose. Remember, if you wish to achieve success in eCommerce, tailoring each aspect of your store to customer requirements, including the payment methods, is a must. Compliance In some cases, certain payment methods are not available due to compliance issues or other restrictions. For example, Visa, Mastercard, and American Express are not available in Russia since its invasion of Ukraine. Therefore, there’s no point in offering these payment methods to customers in Russia. Other Reasons If you offer too many payment methods, you need a dedicated team to manage payment-related issues. The best option is to restrict payment methods for certain customers. This will compel all of them to choose from the few available options. This can reduce your team’s burden and allow them to focus on other business-critical functions. Payment Restrictions Pro Magento 2 Payment Restrictions extension: Customize payment methods based on shipping, customer groups, and product attributes to optimize conversions. Check it out! > Magento 2 Payment Restrictions for Specific Customer In order to hide a specific payment from specific customers, you need to have a 3rd party tool to implement payment restrictions for a specific customer. Checkout Magento 2 Payment Restrictions extension by FME which enables you to restrict payment method by specific customers. Restrict Payment Methods by Specific Customer in Magento 2 To restrict payment methods by specific customers, you need to create a payment restriction rule. First of all, download & install the Magento 2 Payment Restrictions Extension. Now in Admin Panel, click FMEextensions on sidebar > Manage Restrictions Rules > Add New Rule Fill the following mandatory fields: Name – Enter the name of payment restriction Rule Status – Option to Enable/Disable the Rule Payment Methods – Choose the payment method that you want to restrict/hide Store Views – Select the store view(s) where the rule will be applied Priority – Set the rule priority in case you have created multiple restriction rules Apply Operation as AND/OR – Set operation to AND if all conditions fulfill the requirement / Set to OR if any of the condition fulfills the requirements. In our case, this option won’t effect as we’re only applying the rule to a specific customer. You have to specify AND/OR operation only if you have setup multiple conditions in a rule. Now Click the Customer Group /Customers Tab Click the Customers dropdown > Select the customer(s) for which you want to restrict a payment method Save the Rule. Checkout this tutorial, if you want to restrict payment method by a specific customer group . Conclusion If you face any issue while implementing payment restrictions in your store, then feel free to contact our support team for a quick fix. Remember not to restrict a widely used payment method for customers as it will undermine their user experience. Related Articles: Advanced Shipping Restrictions in Magento 2 Restrict Shipping Based on Product Attributes Configure COD Payment Method in Magento 2 Configure Zero Subtotal Checkout in Magento 2 Secure Payments in Magento Store

May 3, 2024What is GDPR? How to Make Magento Store Comply with GDPR

The General Data Protection Regulation (GDPR) is a European Union regulation which is enforceable from 25 May 2018. The easiest way to describe GDPR is that it regulates information privacy. Under the GDPR, individuals have more control over how their personal information is handled. At the same time, it simplifies the regulations for businesses. Experts refer to the GDPR as the toughest laws governing online privacy. What are the New Rules? From a business perspective, the most important rule is that businesses who fail to comply with the GDPR can be fined 4 percent of their global revenue. One may think that like most other laws on online privacy, this, too, would be toothless. However, it is not the case as evident from Meta’s record fine. The company is fined $1.3 billion for failing to comply with the GDPR . This is not an isolated incident. Amazon was fined $887 million for failure to adhere to GDPR. Of course, this is not the only change. From the individual perspective, you can request companies to share what data they have on you and request to delete it. If you perceive that the data was misused in any way, the GDPR allows you to raise the issue with your country’s data protection regulatory body. In short, the GDPR ensures individual privacy is no longer taken for granted. How to Handle User Data? Article 5 of the GDPR states how businesses can handle user data. Article 5 is shown below. Source Based on the above information, we can conclude that there 7 principles of data protection: Lawfulness, fairness, and transparency Purpose limitation Data minimisation Accuracy Storage limitations Integrity and confidentiality Accountability Who Does the GDPR Impact? The GDPR is an EU regulation. Therefore, you may think that it applies to businesses in the EU. However, it is not the case. It applies to all businesses that handle EU citizens data. Therefore, regardless of whether a business is based in the EU or outside, it must comply with the GDPR. Therefore, if your Magento 2 store is based in Asia but you hold information on EU customers, compliance with GDPR is a must. How To Comply Magento 2 Store with GDPR? If your store isn't compliant, you risk getting a huge fine. However, it can be challenging to ensure compliance. After all, you are not an expert in privacy laws. Therefore, the best option is to look for GDPR Magento 2 extensions. We have already helped many Magento 2 stores to comply with GDPR. Try our Magento 2 GDPR extension to comply your online stores with the latest General Data Protection Regulations. Some of the key features are: Create and Communicate a Cookie Policy Permit Users to Delete Profile Accounts Allow Customers to Delete all Orders Customers can Request Data from your Website Manage User Requests Let the Users Unsubscribe the Newsletter Add Checkboxes for Terms & Conditions, Privacy Policy You can book a live demo for our Magento 2 GDPR extension. Our experts will guide you in detail about its various features and answer any queries you may have. Conclusion This concludes our article on Magento 2 and GDPR. If you have any questions regarding this extension or anything Magento-related, feel free to contact our support team here .