Bringing a big smile to all the Magento store owners and spreading a wave of amaze among the developers Magento 2.2.4 has come with all the good news. Encompassing its focus around the most daunting issue of cart abandonment and improving the checkout process. This version has evolved to be a power-packed performer along with 80 engineering fixes and more than 200 contributions by the community. Incorporating out of the box enhancements in their version 2.2.4, Magento has taken up the world by storm.
Here we bring to you some of the most significant and awesome features released last week.
Third party extensions have incorporated in this version of Magento.
1. Amazon Pay
We all are very much familiar with Amazon as an online shopping portal and Amazon Pay as their payment gateway. By including Amazon Pay in the enhancements in version 2.2.4, Magento has been successful in opening doors to millions of users who already have their accounts on Amazon. Another advantage for the users will be that of faster and easier checkout process as they will not have to compulsorily create an account, their information shall be fetched from their amazon accounts. This will not only benefit user but also the store-owner as it will reduce the cart abandonment.
Vertex is an integration which will make it possible for your customers to know the details of their payments. This shall include the calculation of real-time taxes, availing the discounts and even generate pdf returns. Now how does this benefit your store? Earlier when the customer was not shown the additional charges of taxes and the amount of discounts availed, the rate of cart abandonment was quite high. But now when he will be able to access the total amount he needs to pay for the selected item along with its complete breakdown, he will be able to modify the cart if needed, before he reaches the checkout page. This transparency in tax calculation will surely lead a lot of reduction in the rate of cart abandonment.
3. Klarna Pay
Another significant integration in Magento 2.2.4 is the introduction of Klarna Payments. With Klarna, you will be able to allow your customers to pay right away, pay later or slice it. Pay now is quite a familiar term, but “Pay later” will allow your customer to pay the dues within 30 days from the date of delivery. “Slice It” option allows your customer to pay the total amount in easy instalments with lower interest rates. This is also a part of efforts focussing on reduction of abandoned carts.
In the name of enhancements, this release have a number of them in form of Magento Shipping and Dotmailer bundled extensions. Being a store-owner, now you can experience the following:
There has been numerous fixes right from installation and setup, General, cart and checkout, tax, performance and shipping. A few of them are like:
There are many more to the fixes which can be viewed from Magento 2.2.4 Release Notes.
How will Magento 2.2.4 help improve your business?
One of the most important questions of all times, “How will Magento 2.2.4 benefit my business?” Also read our previous article on Why Magento is Best Platform for Enterprise Level. Now the answer to your question lies here:
Magento 2.2.4 is undoubtedly transformed to a positive and far more efficient avatar. With all these incredible updates and upgrades in Magento 2.2.4, it is highly advisable for all the Store-owners to get upgraded to the new version. For a professional Magento Development support, please feel free to contact us.