PSD to Magento - Magento Release Its New Version 1.7

Online, July 18, 2012 (Newswire.com) - With the news of one of the most trusted e-commerce platforms-Magento, releasing its latest version 1.7 to empower retailers and business owner to carry out their online businesses successfully and efficiently, most of the brands have shifted their focus from other e-commerce platforms like, OsCommerce, Zencart, etc, to Magento. According to a research carried out recently, it has been learnt that almost 17 % of the total e-commerce websites over the internet are powered by the open source CMS Magento, while 75% of those websites that have acquired services from other platforms have now begun to migrate to Magento. Even the developers, who have been providing services in PSD to HTML and PSD to Magento feels that adoption of its new version 1.7, will revolutionize the entire e-commerce market.

The open source CMS platform, which has been gradually progressing since its inception in the year 2007 makes use of advanced technologies so as to further modify its eCommerce CMS. No doubt, the Content Management System has achieved immense popularity due to its powerful support by eBay, the world's largest online selling portal has revolutionized the entire e-commerce industry, yet with the incorporation of the new version, the tool has furthered the scope of its reach in the online market. With its brilliant attributes, well built structure and outstanding customizable features, version 1.7 has been designed to meet all the requirements of the modern e-commerce industry. However, the application is widely used in countries like, India, United States of America and Germany.

CEO of a New York based e-commerce solution providing firm that specializes in Magento, said in his statement that the new version of Magento, 1.7, which has been specifically designed for the developers as well as for the online retailers, with its remarkable features, is expected to provide a custom-made shopping experience to its users. These features include: European Union VAT-ID validation, Payment Bridge upgrades, Auto-generation of Coupon Codes, easier order placement, mobile optimization, Visitor segmentation, Back-up and Rollback.

The CEO added that, the new version can easily run B2B web applications, unlike its previous versions, which could run only B2C applications. The version is also proficient in raising the loyalty of a brand thereby increasing transactions and conversions. He also said that the version is capable enough to meet the requirements of its European clients efficiently due to its European Union VAT-ID validation.