Hello, Magento Community! 👋 Magento has been a leader in eCommerce since its launch in 2008. Acquired by Adobe, it has consistently delivered updates to make online stores simpler and more efficient for businesses.
What is the Latest Magento Version?
Magento 2.4.7 is the latest Magento version and it’s now available. Released on April 9, 2024, this update brings major improvements in security, performance, and features. Join us as we dive into the details of the Magento 2.4.7 release!
Understanding the Types of Magento Updates
There are different types of Magento updates, each serving a specific purpose:
- Major Releases (e.g., 2.3 to 2.4): These introduce significant changes, including new features and potentially updated system requirements.
- Minor Releases (e.g., 2.4.2 to 2.4.3): These are smaller updates focused on improving performance, fixing bugs, and enhancing overall stability.
- Beta Releases: Not for public use, these provide developers early access to upcoming features for testing and feedback before a full launch. Both major and minor releases can have beta versions.
- Security Patch Releases (e.g., 2.4.5-p1): Issued when security vulnerabilities are discovered, these patches address specific issues to maintain platform security.
- Quality Patch Releases: Focused solely on improving system reliability, user experience, accessibility, and data privacy compliance.
What Is the Type of the Latest Magento Version – 2.4.7?
The Latest Magento Version is 2.4.7, released on April 9, 2024. This version brings major improvements in several key areas:
- Enhanced Security: Magento 2.4.7 prioritizes platform security with various improvements.
- Expanded Payment and Shipping Options: It offers support for new payment and shipping methods, giving merchants more flexibility.
- Improved GraphQL Capabilities: This update improves functionalities related to GraphQL, a query language for APIs.
- Technological Advancements: Magento 2.4.7 optimizes support for key technologies, ensuring compatibility with the latest advancements.
- Bug Fixes: The release addresses hundreds of previously identified bugs, promoting overall stability.
Given the improvements and benefits it provides, this release categorizes as a Major Release.
Upgrading to this version will not only enhance the customer experience of an eCommerce store but also help the store owners with security and backend management.
Focusing on customer experience is key to eCommerce success. By creating a user-friendly website with a fast-loading speed, you can convert more visitors into satisfied shoppers. Additionally, streamlining the checkout process and making backend logistics easy to manage will help reduce cart abandonment rates, ultimately boosting your sales.
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A Detailed Look into the Latest Magento Version
Magento 2.4.7 Highlights
1. Security Enhancements
This release inherits the security enhancements of previous versions. It includes changes like requiring specific characters in non-generated cache keys, limiting automatically generated coupon codes, and strengthening password complexity. Additionally, it supports PCI 4.0 compliance with features like Subresource Integrity and Content Security Policy.
2. Platform Enhancements
Magento Open Source 2.4.7 improves security by supporting the latest versions of PHP, RabbitMQ, Varnish Cache, and Redis. It also updates core libraries and removes deprecated integrations. Additionally, it enhances shipping functionalities by integrating with new USPS and UPS APIs.
3. Braintree
Braintree payment gateway in Magento 2.4.7 offers several improvements. It enables faster checkout with vaulted options for Apple Pay, Google Pay, Venmo and ACH, and express payment buttons at checkout. This allows easier customer management with the ability to vault new cards and PayPal accounts directly in their account area. It comes with improved security with frictionless transactions that reduce 3DS challenges and dispute webhooks for better tracking.
4. GraphQL4
Magento Open Source 2.4.7 offers significant improvements to GraphQL. It enhances performance with better caching, faster parsing, and support for custom attributes. Additionally, it introduces new features like order cancellation and improved cart management functionalities.
5. Inventory Management
Inventory Management in version 1.2.7 empowers businesses to track and control their stock levels. This feature, built by the Magento community, comes standard with both Adobe Commerce and Magento Open Source.
6. PWA Studio
Magento Open Source 2.4.7-beta1 is now compatible with PWA Studio v14.0. This version focuses on accessibility improvements. Refer to the PWA Studio release notes for details on bug fixes and compatible Magento Open-Source core versions.
What’s Been Fixed?
1. Installation, upgrade, deployment
Magento Open Source 2.4.7 simplifies installation, upgrade, and deployment processes. It addresses issues like unnecessary cache manipulation, memory limitations during large table upgrades, and database restoration errors. It also improves error messages for a smoother user experience.
2. Admin UI
The newest Magento version improves the Admin UI with various bug fixes. These include corrected display issues on grids and product pages, improved menu functionality, and a smoother checkout workflow. Additionally, it addresses permission-related problems and ensures data integrity when switching between Admin filter views.
3. Bundle products
This version also brings numerous improvements to bundle products. It fixes discount calculations, ensures accurate pricing, and allows for editing bundle quantities in the cart. Additionally, it resolves issues with creating and managing bundle products in the Admin UI and through APIs, improving data integrity and performance.
4. Cart and checkout experience
Magento Open Source 2.4.7 significantly improves the cart and checkout experience. It optimizes performance by avoiding unnecessary data loading and ensures accurate pricing and coupon application. Additionally, it addresses numerous bugs related to address handling, shipping estimation, and guest checkout, resulting in a smoother shopping experience for customers.
5. Product Catalogs
There are improvements to product catalogs. It enhances performance for image management, indexing, and searches. It also addresses bugs related to product data display, pricing, and stock management, ensuring a more accurate and consistent experience for both merchants and customers. Additionally, it improves catalog data management through the Admin UI and APIs.
6. Coupons
Magento Open Source 2.4.7 improves coupon functionality. It allows reused coupons for failed orders, validates codes with spaces, and restores single-use coupon values for cancelled orders. It also provides a more complete response for manually created coupons through the API.
7. Orders
This version improves order management for both merchants and customers. It addresses order status accuracy, credit memo generation, and data display in the Admin interface. Additionally, it resolves issues with order search, filtering, and API functionality. These improvements enhance order processing efficiency and data integrity.
8. ReCAPTCHA
New version enhances reCAPTCHA functionality to improve security and prevent errors during checkout. It ensures reCAPTCHA works for various payment methods and positions it clearly for customers to complete the purchase.
Previous Magento Versions and Their Support End Dates
It would be a great decision for Magento Store Owners to upgrade to the latest Magento version to keep their eCommerce business running smoothly.
How Do You Check the Version of Your Magento Store?
Need to know your Magento store’s version? Here are a few quick methods:
- Admin Panel: Log in and look at the bottom right corner of the footer. Your Magento version will be displayed there.
- Website URL: Try adding “/magento_version” to your store’s URL (e.g., www.yourwebsite.com/magento_version [invalid URL removed]). If the platform reveals its version, the information will appear on the screen.
- Command Line (CLI): For tech-savvy users, the php bin/magento –version command will provide the version details. Alternatively, the composer.json file in the Magento root directory also holds version and edition information.
Sounds too daunting or technical?
Let our tech experts and Magento Certified People handle it for you. We also run FREE Website Performance Test if your store needs it.
Should You Update Your Magento Store Now?
We get it. Updating your Magento store every year or two can feel like a chore. But here’s the thing: latest Magento versions like 2.4.7 offer compelling benefits.
These benefits include:
- Improved security.
- New features and functionalities.
- Improved payment options.
- More shipping method integrations.
- Faster loading times and better performance.
What can you do for your customers with this upgrade?
We all know that, in the end, customers and shoppers are everything. We can go to great lengths to satisfy their shopping needs. Why not use your Magento store capabilities to their fullest for a better customer experience? Let’s do that for you. By upgrading to the latest Magento version, you can:
- Develop better site responsiveness for mobile device users.
- Improve your customer experience with faster-loading pages.
- Lower the cart abandonment rates.
- Streamline seamless order processing.
- Provide convenient checkout.
- Ease the feedback and customer engagement process.
In the fast-paced world of eCommerce, even a few months can make a big difference. Don’t you want to give your customers the best possible experience with the latest features and security patches?
The choice is yours. But with all the advantages of updating, why wait?
There Are More Magento Version Releases Scheduled!
In 2024, Magento will prioritize ongoing security and performance improvements through regular updates. While the latest Magento version – 2.4.7., is utmost importance, there might be additional important version releases in the coming months.
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We have a great service for Magneto Store Owners called “Sustainable Magento” and you can subscribe to it now. It takes care of your upgradation project for a fixed monthly fee, even if it requires extra work. We will handle all the upgrades that come out throughout the year for you.
And what’s the benefit of it? Cost Reduction! Regular updates can reduce costs by ensuring your system remains on a recent version, making transitions to the latest version smoother and less costly compared to upgrading from much older versions.
This is especially important because older versions may lack recent security updates, leading to potential vulnerabilities. By subscribing to this service, you can focus on your business while the service manages all necessary upgrades, ensuring operational costs are kept low and your system remains secure and up to date.
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Why Wait? Upgrade to Magento 2.4.7 Today!
In the ever-changing world of eCommerce, upgrading to Magento 2.4.7 is crucial for businesses to thrive. This latest release brings enhanced security, expanded payment options, and improved performance. By staying updated, businesses can meet evolving customer expectations and safeguard against security threats. With ongoing support and services like “Sustainable Magento,” businesses like yours, can ensure seamless transitions to newer versions while focusing on core operations. Upgrade now and embrace a future-ready eCommerce strategy.
Upgrade to Magento 2.4.7 today and keep your store ahead of the curve.
This latest version boasts improved security, performance, and scalability, ensuring a seamless shopping experience for your customers.
