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.  

Many companies are facing new demands by customers in the wake of the COVID-19 virus.  Businesses are facing the new normal: remote work, 100% digital, and paperless.  eCommerce plays an important role in helping businesses with the new normal.

In a recent PYMNTS survey, 66% of SMBs will rely more on eCommerce sales after this pandemic. Businesses without an eCommerce option today need to find the right solution that will enable customers to engage with them online.  Selecting the right eCommerce solution is only part of the equation, as selecting a right payment solution for an optimal checkout experience can be just as important.  

APS Payment is launching multiple new eCommerce shopping cart integrations to offer customers even more omni-channel options for B2B Payments, expanding our footprint for eCommerce businesses to adapt to the new normal.