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    How To Create Magento 2 Payment Module?

    Last Updated | July 4, 2023

    Why should you create a Magento Payment Module?

    The Magento payment module is considered as a feature or a mechanism that allows you to integrate your online eCommerce stores with different payment services providers. Resultantly, you can create and handle transactions based specifically on the placed order details.

    Payment operations that Magento Payment Module supports are listed below;

    • The authorization process authorizes a transaction; funds are blocked on a customer account, but not withdrawn.
    • Sales process authorized transactions and capture automatically, where funds can be withdrawn.
    • The capture process is where it withdraws the previously authorized amount.
    • The refund process is where it returns the previously withdrawn amount of the customer funds.
    • Void is the process where it cancels the transfer of funds from the customer account.

    Magento development

    What are the key steps to create a Magento Payment Module?

    The key steps of developing a Magento payment module are;

    1. Go to payment.xml file in “/etc/payment” directory; select the essential configuration and functions. 
    2. Configure the server’s basic parameters at “Model/Payment/Simple.php”
    3. Introduce the front-end changes that will display the payment method to the customer (“/view/frontend/layout/checkout_index_index.xml”“/view/frontend/web/js/view/payment/simple.js” and “method-renderer/simple-method. js”);
    4. Set up a payment processing model (“/view/frontend/web/template/payment/simple.html”).
    5. Edit the files and refresh the “Configs” cache to make the changes go live. The Configs cache is an expiration cache. It stores information about all the modified configuration options you have made previously.

    What are the tips for implementing Magento Payment Module?

    Tips On Implementing A Magento Payment Module

    The Magento payment module requires changes in several layouts and templates when you are configuring it for your store. To order to do this first, disable the layout and HTML rendering modules, page caching, and more. After this when you are done making the changes you should enable them back again so that Magento 2 starts using the original layout and HTML.

    Secondly, you need to curate the Magento 2 payment modules as user interface components, rather than setting them as the default Magento 2 code. This clearly shows that you need to add your own settings for a separate payment module and do not get the capacity to edit the default code. For a correct application for the checkout settings, these custom modules are driven from “Magento_Checkout”. Check out the “composer.json” file to learn more about the dependencies of the module, they are specified in detail in the aforementioned file.

    Thirdly, you must keep all the cache types enabled while working with Magento classes. Simultaneously clean “/var/di” and “/var/generation” folders to enable Magento to curate the modules during the change of the public classes.

    Fourthly, while working with JS and CSS files you can easily disable or update any cache types, such as “View Backup Files” and “Preview Files in Progress” you want to. In order to do this, clear the “/pub/static” folder or enable developer mode. You can do this from the Magento admin panel. Go to System > Configuration > Developer Mode, and click on “Enable Developer Mode.” Please note that the store performance may get affected by this action for a little while.

    Finally, you need to make sure that you have a highly qualified team of developers (hire Magento 2 developers) and sources that you need to test the newly formed module at every step of the development as intensely as possible while creating a Magento payment module. The additional efforts only make it easier for you to find issues and bugs in the module. These additional efforts also will make sure that the newly created payment is a successful and error-free payment module.

    What is Payment Module Customization?

    A payment module is an amalgamation of various payment features and settings, often made available by third parties. For example, Authorize.Net, Chase Paymentech, and Amazon Payment are examples of payment modules. Hence, payment module customization means that you can custom-made the payment gateways at the checkout on any eCommerce platform for your online eCommerce store. 

    Magento integration

    Why Choose Magento for your online store?

    Magento is one of the three most popular e-commerce platforms that a majority of the e-commerce stores merchants use to increase the conversion rate of their businesses. More than 250,000 merchants around the world use Magento as the e-commerce platform for their e-commerce store. According to LitExtension’s in-house data 2020, Magento stood among two other ecommerce platforms that merchants migrated to the most, while only a fraction of store owners chose other carts.

    Magento is a powerful tool as a, eCommerce platform with the capabilities to help you grow your business and increase your conversions in a matter of time. It offers a lot of tools that help you increase your sales and build your brand with ease and effectiveness. Here are some of the benefits that Magento offers for business owners;

    1. Open-Source: It is a free open-source e-commerce platform built for different businesses that vary in size. It offers a variety of online shopping solutions for multiple channels and business types. The Magento Community Edition is available for free and for everyone to use and customize according to their wishes. For those of you who are developers in Magento use the CE. It is a great solution for you to curate your e-commerce website on your own. 

    2. Strong Community: Since it is an open-source platform that means developers get the liberty of implementing custom-made solutions and extensions to the platform. It is an easy and modifiable tool to quickly meet the needs of different e-commerce businesses. It enables the developers to help clients create a unique and different branded experience for the customers. 

    3. High Performance: Magento offers the best page load time, query processing time, and other dynamic or static operations as a eCommerce software. It makes sure that your website performs to the maximum while using least possible server resources. It is a highly customizable and scalable platform that is able to support a wide range of business needs and their unique requirements. 

    4. Mobile-Friendliness: An online business with a mobile-friendly experience for the customer always succeeds. Magento in all its abilities has the power to empower mobile-savvy buyers with an easy-to-use and user-friendly shopping experience. It’s make focuses on being mobile-friendly along with a very responsive design that makes it easy for your customers to navigate and shop from their phones.

    5. Easy Integration Magento is very famous for its convenience it gives for integration with third-party services and tools. This is the reason why it is the most favorite platfrom for many e-commerce websites. Magento comes with many integrations — payment gateways, database applications, transportation, shipping, order tracking, CRM, and more.


    We hope this blog on payment modules for Magento has thoroughly helped you enjoy and learn about how you can create them for your Magento stores. If you’re looking for organizations or autonomous developers who can help you curate such a module for your store, we would love to recommend contacting Folio3 and hiring Magento 2 developers. 

    We have the best experts and specialists who can help you curate and implement payment extensions for Magento stores. With great ease, you will be able to extend the functionality of your Magento store without changing the platform at all. For any further information and queries, reach out to us at Folio3.


    Is Magento a payment processor?

    Magento Migration

    Let us firts understand what payment processor is. A payment processor is an an organisation or a eCommerce Platform like Shopify, Magento, etc., that handles transactions through credit/debit cards so that the customers can buy your products with ease. The process makes the payment processing organsisation that communicates and relays the financial information from the customer’s credit/debit card to both your bank account and the customer’s bank account. With enough funds in the customer’s card and its validity, the transaction will get completed and within a matter of few seconds.

    Since, the Magento payment module considered as a feature or a mechanism that allows you to integrate your online eCommerce stores with different payment services providers. Hence, the answer to the question is in affirmative. Magento is a Payment processor company that is serving over millions of eCommerce business to grow and expand their horizons beyond the limits. 

    How does Magento 2 integrate payment methods?

    There are 10 steps with which you can integrate the Magento 2 payment methods;

    1. Step 1: Registering payment module in magento.
    2. Step 2: Declaring payment module name.
    3. Step 3: Adding payment method configuration settings.
    4. Step 4: Adding default system configuration values.
    5. Step 5: Creating payment method model.
    6. Step 6: Configuring dependency injection.
    7. Step 7:Adding payment method renderer.
    8. Step 8:Declaring payment method renderer.
    9. Step 9:Creating payment method template.
    10. Step 10:Showing payment method in checkout.

    What is Magento Payment Processing?

    Magento Payment Processing means how eCommerce business stores complete credit card and debit card transactions. Magento Payment Processing services accelerate the credit/debit card transactions, and payment gateways transmit the data with high security so that money from a customer’s issuing bank account can be transferred to a merchant’s bank account.


    Folio3, a Software Powerhouse established in 2005, is one of the leading eCommerce solution providers for SMBs and Fortune 500. The Company has expertise in diverse industries such as Animal Care, Retail, Automotive, Food and Agriculture, and Health care. From ecommerce store design and development to full-scale ERP deployment and integration, Folio3 has done it all.