Payment solutions for marketplace, choose yours correctly
Payment solutions for marketplace must be well thought for facilitating the management of the financial transaction that have to be made online. Limonetik created personalized solutions of payment systems for merchants that use the marketplaces for their business.
A platform for online payment management
Thanks to Limonetik’s platform, complex electronic payment and payment solutions for marketplace flow management is more effective, regardless of the means of payment accepted among which online gift cards, prepaid cards and accounts, digital wallet, bank credit card. Limonetik website is a specialist of e- payment instruments creation and roll-out aimed at improving the payment experience and optimizing the whole purchase. Limonetik’s aim is to speed payment instruments connection for all sale website when necessary by involving their PSP. Moreover, Limonetik allows marketplace bills automation as well as paperless refunds.
Payment solutions for marketplace by Limonetik
Limonetik knows that payment solutions for marketplace clients need to be more nuanced than many other systems. This is because the marketplace vendor faces many particular challenges not experienced by other online vendors. It is the nature of online marketplaces that they feature many different types of seller. All of these sellers will have their own particular preferences and practices when it comes to payment channels and it is up to the marketplace owner to attempt to replicate these on the platform. The multi-channel nature and flexibility of the Limonetik solution allows the marketplace to do just that, attracting customers and sellers alike.
Multi-channel payment solutions for marketplace clients
Developing multi-channel payment solutions for marketplace platforms is a complex undertaking. It involves a deep understanding of each payment channel, close relationships with the technology providers and extensive integration work on all channels. Clearly, an undertaking on this scale would beyond the capabilities of many marketplace vendors. It would also be wasteful, because Limonetik has already carried out all the necessary work and developed a comprehensive and elegant solution. That solution caters for many of the payment methods common to the physical world, including gift cards, vouchers, coupons, credit and debit cards and mobile payments.
Adding value to payment solutions for marketplace clients
Creating payment solutions for marketplace platforms with such a variety of payment channels is no easy task but Limonetik has gone even further in order to add value to both the customer and the vendor. The system allows for a variety of payment paths, including deposits, cash on delivery and payment installments. Customers can even choose to combine different types of payment in a single purchase. In doing so, the Limonetik platform empowers the customer to pay in the way that suits him most, which is convenient for the customer and builds sales for the vendor.
Designing checkout pages in payment solutions for marketplace clients
In many ways, the checkout page is the most important page on the website. This is where the customer completes his purchase – or doesn’t. Research has shown that many customers abandon their shopping cart if the checkout process is too long or complex, or if they do not trust the website. That is why the Limonetik approach to payment solutions for marketplace customers includes a flexible payments page, with familiar vendor branding. The checkout procedure is also fast and easy and there are prominent channels to support staff in order to reassure customers.