1. The Site Extensions With Magento 1.x no longer in the picture, many of the third-party extensions on your eStore will no longer update and will get non-functional.
2. The Payment Gateway Issues The very critical and most important system for any eCommerce store is its Payment operations. When Magento will no longer be in service, your site’s PCI Compliance will be gone. Payment providers will naturally withdraw their support due to data security concerns when this happens. That is not it, non-PCI compliant sites doesn’t just cause you to your payment provider, but it also costs you the business reputation and opens you to various fines.
3. A Bigger Risk to Your Online Store While you will still be able to do business through your eStore after the Magento 1.x ends, the site will no longer get the security updates. Your security patches by Magento will no longer be producing. That leaves you with vulnerable site security and will put your customers’ data at stake. This could lead to hefty fines, loss of online credit, and a potential setback for your sales.
4. Development Support Hindrance M1 no longer is business means it will be a task to find developer support for the routine updates. The ones that will be ready to work for you can cost you more and more with the days passing. The reason for all the extra development dollars will be for creating the security patch for an outdated platform.
Top Magento Alternatives to Consider Let’s explore some options here. The below-mentioned alternatives, both open source, are curated for your ease. Taking the eCommerce migration into consideration, these platforms will help you in a smooth transit keeping all the valuable eStore features intact, ane more.
