Why Magento Should Be Upgraded to Magento 2

In June of 2020, Magento 1 will be ended to make way for Magento 2. This announcement was made to make sure that those who are using the previous version have enough time to update their digital platforms. Based on information from experts, a platform upgrade will be the best time for any digital transformation for any company. It can help to provide a show of what features are functioning well and what should be improved when moving forward as a business.

Due to this announcement, some retailers have rushed to Magento 2, but thousands are unsure of the costs and the time that will be needed to switch to Magento 2.

What Does End of Support Mean to Users of Magento 1?

Ending support means that all security patches will be terminated, and Magento 1 retailers will not be able to get help to meet various challenges.

Safety is an essential factor. Maintenance alone is costly and, of course, a tedious task. It’s better to go back to the platform than to maintain your security and spend a lot of money.

Updating the site will also be a difficult task, as the new extension will no longer apply to Magento1. All Magento developers will focus on creating Magento 2 extensions so that previous versions are not supported.

Most payment gateways require quarterly PCI compliance to be completed in-store. Without proper security patches and security, stores will not be able to pass PCI scans, preventing business owners from accepting credit cards after the system ends.

Leading Reasons that Companies Should Upgrade to Magento 2

Faster payment system:

The payment process for Magento 2 has been improved to make it easier than Magento 1 and a 38% speed increase. Users can pay quickly without registration, and registered users can be identified based on their email address. Placing orders is also simple, which helps improve the customer experience.

Search engine friendly:

Magento 2 was built with an excellent front-end design in mind. This makes it easy for users to browse websites from any device, including desktops, mobile devices, tablets, and more. This helps websites improve their SEO rankings in SERPs because Google’s algorithms prefer websites that are responsive to mobile devices.

Ready to serve new markets:

Entering the global market is the primary goal of every business, and it is only possible if your brand is well-known. However, it is also vital to create your e-commerce store to meet the latest market needs. Magento 2’s capabilities can help expand the business from B2B to B2C by targeting new geographic locations or launching new vertical markets. This helps to target a global audience and sell the right products to the right visitors.

Improved speed and scalability:

The main reason to upgrade to Magento 2 is website performance. Compared to Magento1, the platform can only handle 10 million visits per hour, while Magento1 is limited to 200,000. Compared to Magento 1, the development of Magento 2 also reduced page load time by approximately 50% and processed 39% of orders per hour.

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