Magento 2 GDPR – An Overview

The General Data Protection Regulation (GDPR) is a new framework in practice for data protection laws in the European region. It establishes a protocol for the collection and processing of personal data of individuals within the European Union (EU). The demand is in regulation since May 25, 2018 in the EU. The personal data of each individual and company in the European region is collected and processed by GDPR.

Will it affect our business process?

In all media the answer is yes. If the company is located in the European region, all its details and activities will be monitored for the security process. It is applicable to all types of businesses, whether they are service providers or goods and sales.

In another case, it may be that the active company is not located in the EU, but having business agreements with companies based in Europe, they definitely have to comply with the legal procedure.

Magento 2 with GDPR

Keeping customer ease in mind, Magento has revised its product privacy policy. To help customers and users with GDPR compliance, it has made data access more transparent. Now users of Magento 1x and 2x versions can find the storage location with “data mapping”. It is available on premise and open source. For merchants, they need to provide the reason for the person using their stores, why the details are needed, and how the data is processed.

Magento now officially supports GDPR compliance in its products with legal security certification. They have reviewed the partner and client contracts with a new security policy and process for data protection. They also help customers with extended support for data access, stored location information, and also explain how the information is used in a transparent manner.

If your Magento stores serve worldwide, make sure that external customers or users follow the revised agreement.

Extension of the General Data Protection Regulation

Magento offers extensions, through which we can manage the right of access and data portability in accordance with the general data protection regulations.

Extension features:

• Custom cookie compliance notification about the user’s request to access or edit personal data when they arrive at the website.
• With the extension available, customer data can be deleted, although e-commerce sites save customer purchase data, we can still delete anonymous personal data at the request of an individual.
• data portability- It has a feature that allows the admin to export all the personal customer data like customer name, address, order details and payment details upon the request of the user who is under the access right.
• Privacy Policy Renewal- Admins can reset old consents with newly provided consents in accordance with GDPR compliance.

Conclusion:

All companies want to satisfy the customer and improve their sales. And from the user perspective, they want to shop more securely and explore new ways to shop. We must establish our businesses in accordance with the rules and regulations.

Merchants who violate the GDPR will be fined €20 million or 4% of the previous year’s turnover, whichever is greater. So, as a preventative method, get help from a Magento web development service provider for GDPR compliance support.