How to implement an agile payment system?


more information





 

How to implement an agile payment system?


An agile payment system is the best way to deal with the multiple financial transactions made by online buyers on online stores or marketplace, and to increase their loyalty. Limonetikoffers them possibility to efficiently manage the combination of multiple means of payment used by the customers.


Who is Limonetik?


Limonetik’s specialty is creation and deployment of agile payment systems in order to improve the payment experience and optimize the whole process of purchase. Limonetik accelerates payment methods connexion in the field of online selling if needed by involving their payment service provider. Moreover, Limonetik allows marketplace bills automation as well as dematerialized compensation. Facilitator of multichannel payment, Limonetik gives sale website the opportunity to put alternative payment methods at the customers’ disposal.


Agile payment system by Limonetik


Today’s online marketplace is vast and fast-moving. Opportunities arise quickly and in internet marketing it is indeed the early bird that catches the worm. The vendor must act quickly to gain first mover advantage and that means identifying an agile payment system that can meet the demands of the modern marketplace and be implemented quickly enough to allow the vendor to maximise his success in those new opportunities. Founded in 2007, Limonetik has been created to satisfy these demands by providing agile payments systems that delight customers and provide vendors with a distinct competitive advantage.


Key features of a truly agile payment system


The Limonetik platform begins by offering customers a much wider choice of payment channels. This builds confidence in the customer and optimizes his spending power. Because the system is a truly agile payment system, the customer is also able combine these payment channels in a single purchase, therefore increasing his spending power and boosting sales for the vendor. Furthermore, the system is clever enough to cope with multi-stage payments, such as deposits, installments and cash on delivery arrangements. In doing so, Limonetik has created a system that works the way customers and vendors want to work, not one that is limited by outmoded technology and processes.


The benefits of an agile payment system


Limonetik’s agile payment system is all about maximising choice for the consumer and opportunity for the vendor. Ultimately, this results in increased sales for the vendor and better customer acquisition and retention. Limonetik achieves this by letting customers spend the way that they want to, enabling channels for use online that are familiar to them from their online shopping experiences. These channels include mobile payments, e-wallets, vouchers, gift cards, coupons and loyalty points. When the customer begins the checkout process, this focus on sales is continued.


An agile payment system that creates customer value


Limonetik’s agile payment system creates branded and dynamic checkout pages that turn the payment process into a marketing opportunity. It is here that customers can be rewarded with loyalty points and offered enticing deals that are personal to them and based on their behaviour on the site. This helps to build confidence and trust in the customer and is instrumental in lowering abandoned cart rates and increasing the average value of the shopping basket. For the vendor, it helps to build and maintain a loyal and profitable customer base.


Limonetik, the leading provider of dematerialized payment solutions


Limonetik is a platform dedicated to online sellers who are interested in payment methods creation and integration in order to improve payment experience, which promotes client’s retention. We are established in the French capital. We have been granted the "Cool Vendor in Digital Commerce" label in 2015 by the US research firm Gartner, giving buyer’s a guarantee of our quality of our services. Thanks to its multi-channel payment platform, Limonetik helps diversifying the means of payment provided to end-buyers.


Limonetik was created to make complex electronic payment flow management easier complex electronic payment flow management, generated by a wide array of payment solutions including bank card, prepaid cards and accounts, online gift cards, online loyalty program. Limonetik aims to quickly implement new payment solutions in the area of electronic commerce, directly or via payment service provider. Limonetik technology solutions include feature for dematerialised compensation, as well as foreign exchange services, reconciliation of accounts, processing, collecting, etc.


 

Experience the new world of payments

The change is already underway! Local payment methods, marketplaces and platform economies are key payment trends for the 2020s.