EBANX Magento 2 Extension Vendor: Pricing & Currency Structure
Looking to expand your payment options and reach more customers? The Ebanx Magento 2 Extension Vendor helps you integrate Ebanx as a payment gateway for your e-commerce store.
This article will cover a variety of payment services supported by the Ebanx Magento 2 extension.
Key Takeaways
- Provide a comprehensive payment solution for ecommerce merchants.
- Know why EBANX stands out as a valuable addition to your ecommerce store.
- Benefits to help businesses handle international transactions efficiently.
- International commerce features of EBANX integration for Magento 2.
- Optimization methods for payment options, currency support, and checkout process.
- Troubleshooting common issues to improve your online business's payment capabilities.
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Comprehensive Features Of EBANX Magento 2 Custom Payment Methods
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Security And Ecommerce Fraud Prevention Solutions By EBANX Vendor Extension
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EBANX Payment Solutions For International Payment Transactions
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Comprehensive Pricing and Currency Structure Of EBANX Payment Platform
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Troubleshooting Ecommerce Solutions With EBANX Magento 2 Vendor
Comprehensive Features Of EBANX Magento 2 Custom Payment Methods
1. Transparent Checkout Integration
Integrate directly into your Adobe Commerce store's native interface. It helps you deliver a seamless checkout process. Customers feel more secure staying on the same site. This integration eliminates redirect pages, keeping customers on your site throughout the transaction. Consistent experience builds trust, and faster checkout reduces abandonment rates.
Consider the following practices:
- Maintain consistent store branding throughout checkout.
- Embed payment forms directly in your store's interface.
- Preserve user session data during the entire process.
- Reduce cart abandonment by eliminating redirects.
Smart Card Management process involves the following:
- Credit card tokenization for secure storage.
- Sensitive card data with unique identification tokens.
- Stores tokens instead of actual card numbers.
- Secured recurring payments with PCI DSS requirements.
- Reduced fraud risk and lower compliance burden.
- Improved customer convenience and enhanced security for stored payment methods.
- "1-click payment" functionality for returning customers.
- Flexible installment plans with configurable interest rates.
2. Regional Payment Solutions
Multi-country support excels in handling local payment methods across Latin America. Each payment method automatically adjusts to local currencies and tax regulations. It helps ensure compliance with regional requirements. For example,
- Integration with local banking networks.
- Support for country-specific payment methods (e.g., Boleto in Brazil).
- Automatic currency conversion and tax calculations.
- Region-specific fraud prevention rules.
- Increased approval rates and reduced transaction costs.
- Local regulatory requirements and familiar payment options to local customers.
3. Advanced Payment Processing
The EBANX extension operates optimally with:
- PHP 7.0 or higher
- Magento 2.1 and above platforms
- Payment Provider Gateway API support
Currency Management process involves:
- Automated tax calculations for interest rates
- Document number mapping capabilities
- Real-time payment status notifications
- Automatic order management system
Supported Business Payment Methods And Options By EBANX
| Country | Payment Methods | Key Features | Processing Time |
|---|---|---|---|
| Brazil | - Credit Card - Boleto Bancário - TEF |
- Installment options - Real-time processing - Mobile wallet support |
- Cards: Instant - Boleto: 2-3 days - TEF: 1 day |
| Argentina | - Credit Card - Cupon de Pagos - PagoFacil - Rapipago |
- Local currency processing - Cash payment options - Digital vouchers |
- Cards: Instant - Vouchers: 1-2 days - Cash: Same day |
| Mexico | - Credit Card - Oxxo - Spei |
- Convenience online store payments - Bank transfers - Digital wallets |
- Cards: Instant - Oxxo: 2 days - Spei: Same day |
| Colombia | - Baloto - Credit Card - EFT |
- Cash vouchers - Bank integration - PSE support |
- Cards: Instant - Baloto: 1-2 days - EFT: 1 day |
| Peru | - PagoEfectivo - SafetyPay |
- Cash payments - Online banking - Mobile integration |
- Online: 1 day - Cash: 1-2 days |
| Chile | - Multicaja - Webpay - Servipag |
- Local card processing - Bank transfers - Real-time confirmation |
- Webpay: Instant - Others: 1-2 days |
| Ecuador | SafetyPay | - Bank transfer options - Cash payment support - Multi-currency |
- Online: 1 day - Cash: 2 days |
Security And Ecommerce Fraud Prevention Solutions By EBANX Vendor Extension
| Security Feature | Description | Benefits |
|---|---|---|
| Initial Analysis | - IP address verification - Address verification (AVS) - CVV validation - Document verification |
- Immediate risk assessment - Reduced basic fraud attempts - Enhanced payment validation |
| Advanced Fraud Detection | - Machine learning algorithms - Behavioral analysis - Device fingerprinting - Real-time scoring - Pattern recognition - Data points analysis |
- Real-time fraud screening - Reduced false positives - Automated risk assessment - Increase in approval rates - Reduction in chargebacks - Industry-specific protection |
| Smart Routing | - Dynamic routing - Retry logic - Cross-border sale optimization - Velocity checks |
- Higher authorization rates - Reduced false declines - Optimized payment flows |
| Payment Authentication | - 3D Secure 2.0 - Two-factor authentication - Tokenization - Network tokenization - Blacklist management - Chargeback automation |
- Enhanced transaction security - PCI DSS compliance - Reduced fraud liability |
| Chargeback Protection | - Automated dispute handling - Evidence collection - Risk scoring |
- Lower chargeback rates - Faster resolution times - Protected merchant accounts |
| Transaction Monitoring | - Real-time monitoring - Suspicious activity alerts - Transaction pattern analysis |
- Early fraud detection - Customizable risk rules - Automated blocking |
| Data Security | - End-to-end encryption - Secure vault storage - Regular security audits |
- Protected customer data - Compliance with regulations - Reduced data breach risk |
| Regional Compliance Security | - Local data validation and regulation adherence - Currency validation and verification - Document verification - Market-specific rules - Geographic monitoring |
- Legal compliance - Reduced cross-border risks - Market-specific protection |
Alternative Payment Methods Through EBANX Business Account
1. Digital Wallets
| Region | Methods | Features & Benefits |
|---|---|---|
| Latin America | - MercadoPago - PicPay - Nequi |
- Mobile-first integration - QR code payments - Instant confirmation |
| Africa | - Mobile Wallets - Telecom Money |
- USSD support - Wide accessibility - Low-cost transfers |
| India | - UPI - Mobile Wallets |
- Real-time processing - Bank-linked payments - QR-based transfers |
2. Instant Payments
| Region | Methods | Features & Benefits |
|---|---|---|
| Brazil | PIX | - 24/7 transfers - Zero fees for users - Instant settlement |
| Mexico | SPEI | - Bank-level security - Same-day processing - Direct bank integration |
| Colombia | PSE | - Bank transfer system - Real-time confirmation - Wide bank coverage |
3. Cash-Based Solutions
| Region | Methods | Features & Benefits |
|---|---|---|
| Brazil | Boleto | - Offline payments - Wide accessibility - 3-day validity |
| Mexico | OXXO | - 40,000+ locations - 48-hour validity - Simple process |
| Peru | PagoEfectivo | - Multiple collection points - Digital vouchers - Bank integration |
4. Performance Metrics and Integration Benefits
| Region | Methods | Features & Benefits |
|---|---|---|
| All Regions | Growth Statistics | - 335% eLearning growth - 26% debit card increase - 523% APM adoption |
| Global | Coverage | - 200+ payment methods - 29 country presence - Local currency support |
Key Benefits Of EBANX Gateway Providers
1. Regional Coverage
- Access to "29 countries" across Latin America, Africa, and India.
- Over "200 payment methods" supported globally.
- Integration with "100+ regional payment partners".
2. Performance Metrics
- Increase in approval rates for enterprise merchants.
- Decrease in chargeback rates.
- Improvement in cash/voucher payment conversion.
3. Business Processing
- Local processing for local business entities.
- Settlement options for multiple currency support.
- Integration with simplified technical procedures.
4. Fraud Protection Solution
- Transaction scoring with real-time implementation.
- Payments via machine learning-driven analysis.
- Lower false positives and higher approval rates.
- Reduced manual review needs and better fraud prevention.
- Fraud prevention with industry-specific standards.
- Credit card payments with continuous chargeback automation.
5. Payment Processing
- Online payment with smart routing optimization.
- Online transactions with network tokenization.
- Fraud expertise with 3D Secure authentication.
- Multiple partial refunds support for different payment types.
6. Transparent Pricing
- Competitive pricing for enterprise-level features.
- No hidden fees or charges.
EBANX Payment Solutions For International Payment Transactions
| Category | Features | Benefits |
|---|---|---|
| Multi-Currency Processing | - Real-time conversion rates - Transparent pricing - Local currency payments - Currency mark-up management |
- Reduced forex exposure - Enhanced customer experience - Improved conversion rates - Competitive pricing |
| Regional Optimization | - Smart transaction routing - Local acquiring partnerships - Automated tax handling - Regional compliance |
- Higher approval rates - Lower processing costs - Tax compliance - Market-specific solutions |
| Settlement Management | - Flexible settlement options - Consolidated reporting - Automated settlements - Split payment capability |
- Faster fund access - Simplified reconciliation - Enhanced cash flow - Financial control |
| Transaction Tools | - Live monitoring - Instant confirmations - Automated refunds - Chargeback management |
- Real-time visibility - Faster processing - Automated workflows - Reduced disputes |
| Business Intelligence | - Transaction analytics - Performance metrics - Behavior insights - Market analysis |
- Data-driven decisions - Optimization opportunities - Customer understanding - Market adaptation |
Comprehensive Pricing and Currency Structure Of EBANX Payment Platform
| Payment Method | Brazil | Mexico | Argentina | Colombia | Chile | Peru | Ecuador | Bolivia | Uruguay |
|---|---|---|---|---|---|---|---|---|---|
| Credit Card | 4.90% | 4.90% (min $0.20) | 7.90% (min $0.40) | 7.90% (min $0.60) | 4.90% (min $0.20) | 4.90% (min $0.40) | - | - | w/ installments: 12.90% w/o installments: 7.90% |
| Debit Card | 4.90% | 4.90% (min $0.20) | 7.90% (min $0.40) | 7.90% (min $0.60) | 4.90% (min $0.20) | 4.90% (min $0.40) | - | - | w/ installments: 12.90% w/o installments: 7.90% |
| Cash Payment | 4.90% (min $0.60) | OXXO: 4.90% OXXOPay: 5.40% (min $0.50) Cuenta: 12.90% | Rapipago: 4.90% (min $0.20) | Baloto: 7.90% Efecty: 7.90% (min $0.60) | 4.90% (min $0.20) | 4.90% | 12.90% | 7.90% | - |
| Bank Transfer | 4.90% (min $0.90) PIX: 3.90% (min $0.05) | SPEI: 4.90% (min $0.50) | - | 7.90% (min $2.00) | 4.90% (min $0.20) | 4.90% (min $2.00) | - | - | - |
| Digital Wallets | 4.90% | 4.90% (min $0.20) | - | 4.90% | - | - | - | - | - |
| Interchange EBANX | 6.50% | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | - | 5.50% | 5.50% |
| Refund | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 |
| Chargeback | $15 | $15 | $15 | $15 | $15 | $15 | - | - | $15 |
| Payout | Fee: 3.00% Spread: 3.00% (min. fee $1.00) | Fee: 3.00% Spread: 3.00% (min. fee $1.00) | - | - | Fee: 3.00% Spread: 3.00% (min. fee $1.00) | - | - | - | - |
Note: For merchants processing more than "$150,000 USD" monthly, custom pricing is available through direct sales contact. Minimum fees are only charged when the transaction's fee value is lower than the minimum fee.
Troubleshooting Ecommerce Solutions With EBANX Magento 2 Vendor
| Issue Category | Problem Type | Solutions | Preventive Measures |
|---|---|---|---|
| Installation Issues | - Compatibility Conflicts - Module Activation Errors - Database Integration Issues - API Connection Failures |
- Version compatibility check - Clean installation process - Database verification - API key validation |
- Regular system updates - Environment testing - Backup procedures - API monitoring |
| Payment Processing | - Failed Transactions - Currency Mismatches - Checkout Errors |
- Transaction log analysis - Exchange rate verification - Session management fixes |
- Payment method testing - Automated rate updates - Regular cache maintenance |
| Technical Support | - Integration Problems - API Issues - Configuration Errors |
- API documentation access - Code samples usage - Debug mode activation |
- Developer consultation - Testing environment usage - Regular audits |
| Performance Issues | - System Slowdown - Cache Problems - Database Errors |
- Cache clearing - Database optimization - Log file management |
- Regular maintenance - Performance monitoring - System health checks |
| Customer Support | - Transaction Issues - Integration Questions - Configuration Help |
- 24/7 technical assistance - Priority ticket system - Live chat support |
- Knowledge base access - Regular training - Support documentation |
FAQs
1. How does EBANX payment processing compare to payment options like Shopify Payment?
While Shopify offers basic features, EBANX provides specialized payment solutions. These solutions are tailored for B2B transactions on ecommerce platforms. For example, mobile app integration. It allows businesses to accept payments made through multiple channels.
2. How does EBANX compare to Stripe as a payment plugin for best ecommerce practices?
While Stripe offers standard payment processing, EBANX specializes in regional payment solutions. They meet specific business needs, particularly for Latin American markets. The EBANX plugin provides unique features beyond traditional POS systems. It makes it particularly valuable for ecommerce businesses targeting international growth.
3. Does EBANX offer the same payment gateway that supports crypto currency and traditional card options?
Yes, EBANX provides a comprehensive payment gateway. It supports both traditional credit and debit card transactions. Modern payment methods offer more enhanced features than OpenCart payment solutions. To protect your business, EBANX includes advanced security measures. It processes multiple payment types, though cryptocurrency support may vary by region.
4. Can EBANX integrate with Amazon Pay and Xero while helping my ecommerce site achieve its business goals?
EBANX offers a flexible way to accept various payment methods. For example, Amazon Pay integration. It supports your ecommerce site's growth and business goals. The platform can integrate with accounting tools like Xero to streamline financial management. It makes it easier to track and reconcile international transactions.
5. How can SMBs benefit from EBANX's cloud-based payment solutions for cashless transactions?
EBANX helps small & medium businesses adapt to the growing demand for cashless transactions. It offers cloud-based payment processing. For example, credit cards and popular digital methods like Alipay. It enables SMBs to meet the evolving payment preferences of ecommerce markets.
6. Besides credit or debit cards, what payment methods can be used via the EBANX extension?
EBANX supports multiple payment options beyond traditional credit or debit cards. These include cash on delivery for specific regions. Integration with ClearSale offers fraud protection services for secure transactions. Products may vary by market. However, the extension provides a comprehensive suite of payment solutions. They help cater to local preferences and regional payment methods.
7. How does EBANX compare to established payment providers for rapidly growing businesses?
Merchants may already be familiar with Worldpay and checkout.com for payments by credit card and point-of-sale transactions. However, EBANX offers specialized solutions for businesses that prefer using local payment methods in emerging markets. The platform provides unique advantages for rapidly growing companies expanding into Latin America. It complements existing payment infrastructure with region-specific options.
Summary
Ebanx Magento 2 Extension Vendor simplifies checkout, offering local payment methods for your customers in Latin America. It helps you:
- Provide seamless integration and enhanced payment solutions.
- Expand your online business into Latin America.
- Enable secure payment processing and support multiple options.
- Support various payment methods and currencies.
- Process transactions securely in the Latin American market.
Consider managed Magento hosting to help businesses grow by catering to payment options like EBANX.
