Montonio is excited to announce the release of our new Payment Initiation Service for Magento 2 or Adobe Commerce merchants titled “Montonio Payments”, and the release of our new Card Payments Service titled “Montonio Card”. We’ve also added BLIK for Polish merchants and updated the look and feel of our checkout experience.
The new versions provide many benefits over our previous payment solutions, and we encourage all our merchants to make the switch. In this article, we will explain the new features, list the benefits of the new versions of existing methods, and what to keep in mind when migrating.
Feature: New Payment Initiation Service (“Pay with a bank link”)
Our new Payment Initiation Service is titled “Pay with a bank link”. Here are the benefits of the new solution:
User experience – We have improved the look and feel of our payment gateway, removed unnecessary UI pages, and improved behavior for rare use cases.
Improved reliability and monitoring – We have greatly improved our ability to detect and respond to issues with banks and introduced systems to handle even the most unusual edge cases in the world of Open Banking payments.
Connection to refunds systems – In Q2 we are launching our automatic refunds and bulk payouts service for bank payments. This service will only be available for merchants who switch over to the new platform.
All payments in one place – Over the course of 2023 we are moving all our payment methods under one roof. This simplifies integrations and gives you the ability to see all your payments under the Orders page of the Partner System, instead of viewing them in separate tables with separate export features.
Better readiness for new features – The new platform allows us to bring you new features much more quickly. To get the latest features and improvements, make sure you migrate over as soon as possible!
Feature: Montonio Card Payments for all regions
Card payments trough Stripe are now available in Magento 2. This works similarly to our other methods and allows the same control over emails and invoice generation.
NB! It is important to note that before turning on the new service in Magento, you need to complete a simplified onboarding process in the Partner System.
Feature: Montonio BLIK payments for Poland.
Merchants in Poland can now use BLIK payments for PLN transactions. This works similarly to our other methods and allows the same control over emails and invoice generation.
Updates for logos and a widget for bank payments
All methods now have logos, titles and descriptions to ease the shopping experience for customers.
How to upgrade?
Magento 2 uses composer as its underlaying package manager and all Magento 2 extensions can be installed with composer. The Montonio package is not yet available on any public composer channel but is still a composer package that you can download and install from your local filesystem. Here’s how the installation process looks like:
#download and place the composer package to any folder in your server's filesystem
#register this folder as artifact package channel with composer while in magento installation folder
#replace ARTIFACT_PATH with the path you placed the package eq: /var/www/packages
composer config repositories.localpackages artifact ARTIFACT_PATH
#now you are ready to install the package with
composer require montonio/module-hire-purchase:2.0.0
#it is now installed. the rest is up to magento
#log in to your magento admin and find Montonio's methods in the payment methods list