Magento 2 Payment Methods help reduce cart abandonment by offering flexible and secure checkout options. Customers can choose from different payment types like credit cards, PayPal, or bank transfers. This builds trust and makes the checkout faster. Magento 2 Payment Methods extension lets store owners manage and display payment options easily. It improves user experience and prevents customers from leaving due to limited payment choices. With a smooth and secure process, stores can increase conversions and boost customer satisfaction effectively.