Your Last Guide to Understanding GDPR for eCommerce & Complying With It
You might have heard a lot about compliance with GDPR. Hopefully, by now you have learned about it and began implementing appropriate measures in order to be compliant.
But if you’re not sure about what GDPR is and why an online eCommerce store/website must comply with it! You’ve landed on the right webpage.
Within this brief informational content piece, we’ll be answering the following questions for you:
- What is GDPR?
- What does GDPR regulate?
- Whom does GDPR apply to?
- Why should eCommerce store owners take GDPR seriously? and
- How can you comply with GDPR on Magento 2?
What is GDPR?
General Data Protection Regulation (GDPR) is the EU’s new legislation that introduces crucial and particular changes (modifications) to existing data protection laws. It’s aimed at expanding the scope of data protection.
Specifically, the new rules impact how companies (operating both online and offline) collect and handle personal information from their customers/consumers/users.
What does GDPR regulate?
The GDPR law framework has been designed to ensure the safe handling of individual’s personal data.
To whom does GDPR apply?
The GDPR law applies to all organizations which are established in the EU and ones that are based outside the EU but are engaged in offering goods and services (directly or to individuals) in the EU. It encompasses organizations that process personal data for providing services or for monitoring the behavior of individuals.
Why should eCommerce store owners take GDPR seriously?
With the EU’s strict data protection reforms, it’s important to comply with modern GDPR regulations to conduct seamless business. Privacy issues are becoming increasingly challenging for eCommerce stores as they consistently operate on collecting, transferring, and managing the personal data of their customers.
Now, if you’re thinking to not comply with GDPR laws, let us inform you that recently a polish retailer was fined 650,000 Euros for not complying with GDPR.
Failure to comply with GDPR can result in pretty hefty penalties and fines, which can reach up to 4% of a company’s annual turnover.
Being GDPR compliant definitely requires a lot of work from your end. But all of it can be eased with GDPR extension for Magento 2 eCommerce stores.
How can I comply with GDPR on Magento 2?
GDPR is 88 pages and 50,000+ words long! We know you might not be this inquisitive to read all about it. So, if you don’t want to read the complete GDPR, you’re forgiven! We have got you covered.
The best way to comply with GDPR on Magento 2 eCommerce store is to use an M2 GDPR extension. This extension is specifically designed and developed to meet online businesses’ GDPR regulations.
Here’s what this M2 extension can do for you!
Aheadworks GDPR Extension for Magento 2 allows customers to request a copy of their personal data in a human-readable or machine-readable form. It’s possible to export the list of requests and upload it to such third-party systems as CRM, ERP, etc. You can also download data from there and download XML with requested data stored in Magento databases.
Other benefits of the M2 GDPR extension are as follows:
- Full compliance with GDPR, specifically the right to be informed, access, erasure, and data portability rights.
- Data protection policy consents on registration, checkout, and other pages
- Improved customer accounts allow customers to ask, delete or copy their data
- Allow customers to download their data automatically in PDF or XML formats
- Customer verification mechanism protects data against fraudulent activity
- Extension grids segment customers by their statuses and intentions
Are you ready to purchase this M2 extension for your eCommerce store?
Here’s a direct link to it: