How the Magento 2.4 Upgrade Enhances Your Business

Introduction:

Magento is one of the world’s most popular eCommerce platforms. The Magento 2.4 upgrade brings several improvements, including a better mobile experience for your customers. The latest version of Magento 2.4 is Magento 2.4.5, released on August 9, 2022. Magento 2.4 new features help speed up your website. It manages the number of requests simultaneously, freeing up the server. It also speeds up your website through better caching, allowing the server to respond faster.

Additionally, it uses a task system, which speeds up the whole process. Magento 2.4 has been released, bringing many new features designed to help e-commerce businesses grow their revenue. Magento upgrade 2.3 to 2.4 brings with it the ability to add more products in the store, faster indexing for the search algorithms, improved user experience, and a brand-new design. It helps increase the speed of the store. Check out this article to learn more about how Magento 2.4 upgrade can help your business thrive.

What’s new in Magento 2.4 Release?

Magento 2.4 brings many new features and improvements to make your eCommerce store more reliable, performant, and secure. With this release, Magento introduces support for PHP 7.4, MySQL 8.0, and Elasticsearch 7.6. These new software versions bring significant performance improvements that make your store run faster and smoother. In addition, Magento 2.4 upgrade includes several security enhancements, including support for two-factor authentication and CAPTCHA for admin login, to help keep your store safe from malicious attacks.
If you’re already on Magento 2.3, the new features and improvements in Magento 2.4 make it worth upgrading. So don’t wait – update Magento 2.3 to 2.4 today and take your eCommerce store to the next level!

How are Magento 2.4’s new features beneficial for merchants?

Magento 2.4 is the latest version of Magento, bringing several new features and improvements for merchants. First and foremost, amongst these, is the new Magento Commerce Order Management system, which provides a streamlined order management experience. Magento 2.4 new features combine to make Magento 2.4 a very enticing proposition for merchants looking to upgrade their eCommerce platforms.

Magento 2.4 is a powerful eCommerce platform that provides merchants with many features and tools. With Magento 2.4 upgrade, merchants can manage their online stores more efficiently and effectively. Some of the most notable Magento 2.4 features include:

  • Improved performance and scalability
  • Enhanced security
  • Improved search
  • Enhanced customer experience
  • Improved checkout process
  • Intelligent & Efficient Operations
  • Hassle-Free Shopping
  • Operate with Confidence
  • Infrastructure Upgrades
  • Performance Improvements
  • Seller-Assisted Shopping Service

With improvements, any version of Magento 2.4 (or the Latest release, i.e., Magento 2.4.5) is an excellent choice for merchants looking for a reliable and feature-rich eCommerce platform.

Now let’s dive deeper into the enhancements in Magento Open Source and Commerce with its 2.4 updates.

Magento 2.4 Release | Security Enhancements

Magento 2.4 is now available, and it includes several notable security enhancements in Magento 2.4, including support for PHP 7.3, removal of the Magento software from the server after installation is complete, and improved password management. With these and other security enhancements, Magento 2.4 provides a much more secure platform for businesses to build online stores.
Template filter strict mode is now enabled (by default) to prevent RCE (remote code execution) attacks, data rendering for UI data providers is currently disabled (by default) to reduce malicious user interference, improvements in content security policy, and support for new security.txt file for reporting potential security issues to site administrators.

Magento 2.4 Release | Platform Upgrades

The Magento 2.4 upgrade release includes significant enhancements to the core codebase, including a new pagination system, a new customer group management system, and a new product type system. In addition, Magento 2.4 includes several security fixes and performance improvements.
Magento now also extends support for:

  • MySQL 8.0
  • Elasticsearch 7.x
  • PHP 7.4
  • PHP Unit 9.x

PHP 7.4 – 7.1, 7.2, along with PHP Unit 9.x-6.5, has been deprecated, and additionally, the Brain Tree module and signify fraud protection code has been removed.

Magento 2.4 Release | Infrastructure Improvements

The latest release of Magento 2.4 comes with a host of infrastructure improvements designed to make the platform more robust and scalable. These improvements include a new architecture for the database, a redesigned caching system, and a few other enhancements. With these improvements in place, any version of Magento 2.4 can handle significant amounts of traffic and data more efficiently, making it a more viable option for businesses requiring a high-performing eCommerce platform. In addition, Magento 2.4 new features and functionality make it easier for developers to create and manage customizations, further extending the flexibility and power of the platform. The update of Magento 2.3 to 2.4 to now 2.4.5 improved the overall quality of the Framework, including these modules such as Customer account, catalog, CMS Import, B2B, cart and checkout.

Let us have an overview of Infrastructure improvements introduced in the Magento 2 Release:
Elasticsearch (the new default search engine) will now support partial word search and removal of core integration with third-party payment methods such as Authorize.net, Worldpay, and others. Migration of PayPal Express Checkout to the latest PayPal Javascript SDK, composer Plugin Update, and more.

Magento 2.4 Release | Other Significant Improvements

The Magento 2.4 upgrade significantly improved over previous versions, with many new features and improvements. Some essential Magento 2.4 features include support for PHP 7.4, a new, improved UI for the Admin Panel, a unique, improved checkout experience, and much more. This release provides a much more polished and user-friendly experience for store owners and shoppers.
However, Magento shared numerous updates that can thrive your business online with Magento Open Source and Commerce: improvement of up to 25-30% to Quick Order add-to-cart performance, ability to license stock image previews 30X faster from the Media Gallery, enabling the user to add all items from the previous cart to a new one, faster payments with existing data stored in the users’ browser, and support to PWA studio 6.0.0 and 6.0.1.

Final Words:

Magento 2.4 is a significant upgrade for merchants and vendors. Future updates are essential for the improvement of the platform. It’s time to move your business to the latest version of Magento 2.4, i.e., Magento 2.4.5. It is a great chance to start transforming your business. The update to Magento 2.4 is a great way to not only keep your business relevant but also keep your customers happy. If you want to know more about the latest version of Magento 2.4 (or Magento 2.4.5), please get in touch with us; we are always available to provide a better solution.

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