Magento is one of the most promising and feature-rich ecommerce platforms with some unparalleled features for ecommerce store owners. The earlier version of Magento had some issues and flaws that are taken care of by the Magento community in the latest Magento 2 version. Whether you want to start your online shopping store or you have an existing ecommerce store, migration to Magento 2 can be a stepping stone for your business’s success.
Being an open-source ecommerce platform, it has a global network of more than 350,000 developers and used by more than 250,000 merchants. The gross annual merchandise volume of all Magento stores crosses $155 billion.
The Magento 2 release was conceptualized by the Magento community to improve user experience compared to Magento 1. There are some advanced features incorporated in the Magento 2 version for large enterprises to offer an unmatched experience to their customers. It is faster, easier to use, and has strong security features. Also, it is highly customizable.
However, if you have an ecommerce store, you need to install some Magento extensions that can help you to offer a unique, industry-relevant, customized experience to your users. These extensions can help customers to have some gala time while shopping and can offer quick solutions. With these Magento 2 extensions, you can add a wide range of added functions in your store to give enriching experience to your customers.
In this post, we will discuss one such Magento 2 extension called Paypal Multicurrency Magento 2. This extension is developed by Elsner Technologies, one of the renowned IT companies offering high-quality and unparalleled IT solutions for the ecommerce industry.
What is Paypal Multicurrency Magento 2?
Magento 2 PayPal Multi Currency extension is conceptualized and developed by expert Magento developers to facilitate online shoppers who use currencies other than base currency supported by Magento. With Paypal Multicurrency Magento 2 extension, you can reach out to your global audience by allowing them to pay in their preferred currencies. It will improve their shopping experience and repeat purchases in the future too.
If your ecommerce store deals with global products that can lure global audience, why should you not attract them to buy your products? However, there is an issue with the traditional Paypal payment gateway. It supports the store’s base currency and does not allow to process payments in other currencies. It might confuse or frustrate your customers who want to deal in their local currencies. A quick payment process in their local currency is what they desire and you can offer the same by installing Paypal Multicurrency Magento 2 extension.
The Magento developers have identified this payment issue and came up with a perfect answer in the form of Paypal Multicurrency Magento 2 extension. With this extension, your customers can use Paypal Checkout in their native preferred currency, without any hindrances and issues. They will love this facility of paying in their native currencies as it is convenient and quick.
Most of the times, when customers reach the checkout page, they find it confusing as the PayPal Checkout method replaces the selected currency with the base currency of the store. The Paypal Multi Currency extension allows users to pay in their preferred currency, thus solving the pain point.
For example, if you have selected Euro as your preferred currency and the store’s base currency is USD, the preferred currency Euro will be replaced in USD at the Paypal Payment Gateway, making you annoyed and confused. However, when the Paypal Multi Currency Magento 2 extension installed, you will be able to pay in Euro instead of the base currency in USD.
Features and Benefits
- This extension allows all currencies to use with Paypal Standard and Paypal Express Payment Method, offering your customers convenience and comfort.
- It allows customers to pay in their preferred currency rather than the base currency.
- This extension supports with Magento 2.0.x, 2.1.x, 2.2.x, 2.3.x
- It can be installed with just one click and is supported by Magento.
- It offers superior user experience to your customers and makes the whole payment and checkout process smoother and quicker.
- Your customers would come back to your store when they want to shop for the products you sell.
Conclusion
Offering superior user experience must be the main goal of any ecommerce store. Time-consuming and confusing payment processes might annoy customers. Sometimes, they might abandon the cart without completing the order. The PayPal Multi Currency for Magento 2 extension can be the perfect answer for customers who want to pay in their preferred currencies. It will make the whole process quick, time-saving and effortless, resulting in more conversions and revenues for your business.
