Per the official Magento End of Life announcement, all versions of Magento 1 will no longer be supported after June 30, 2020. Given this news, Magento 1 eCommerce sites and webstores will no longer be fully PCI Compliant with VISA guidelines starting July 1st.
Visa recently released the “Acquirer Advisory” from Visa - and then shortly thereafter, a follow up statement by PayPal, put many merchants into a state of uncertainty and anxiety for their businesses. After all, when a megalith such as PayPal demands “urgent actions” from any remaining Magento 1 merchants before its planned “End of Life” (EOL) this month, merchants on all versions of Magento take note.
Fortunately for these merchants, payments expert, Jeff Kohl, SVP, Sales at APS Payments and eCommerce expert ,TJ Gamble, CEO at Jamersan, spoke at length on the eCommerceAholic livestream about what this means for Magento 1 (M1) merchants and for the Magento community as a whole. We have provided video clip highlights from the livestream below.