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Limonetik: a reliable e-commerce payment management solution
Choosing an e-commerce payment management solution within the several ones that are now available is not really easy. If you want to use a reliable and safe tool for the process of the multiple payment methods you propose on your online selling site, Limonetik is made for online boutiques as well as for marketplaces.
What are payment methods available to e-commerce companies?
Numerous payment methods are available for those who wish to venture into e-commerce business.
Bank cards are still the most widely used methods, representing about 80% of online payments. The customer needs to know the card’s number, the expiration date, and the 3-digit verification code on the back. 3-D secure is a protocol designed to be additional security layer for those cards.
Moreover, digital wallets are also quite successful and popular among younger generations as they are both simple and practical. Furthermore, most of the e-commerce companies offer this payment scheme.
Professional companies still favor bank transfer as payment method. Also mobile commerce payments are possible with a solution proposed by banks that does not require any card.
Other systems such as check and cash on delivery are also possible but require a closer relationship with customers because these systems are prone to frauds and scams.
The fact that online payment solution are numerous requires e-commerce companies to approve all forms of payment giving the fact that customers can pay by using bank cards or other available systems such as digital wallet, and mobile commerce…etc. It becomes in that matter harder to choose the kind of payment to be proposed in a platform without stopping considering the cost and all administrative issues related to the establishment of each of those solutions.
Choosing your online payment service provider
E-commerce can get assistance from online payment service providers to manage online transactions. Not only is it a practical solution, but also it saves time. You can compare all the offers proposed by other providers in order to find the solution that suits your interests the best.
A multi-channel solution is necessary in order to facilitate the use of all forms of payments methods. More than 20% of online customers give up their purchase due to transaction problems such as payment method unavailable or difficult procedure. The chosen service provider has therefore the obligation to overcome those kinds of problems.
Limonetik offers e-traders payment management services that give the customers the opportunity to combine all forms of online payments available. The customer can therefore purchase by using gift cards or bank cards without facing any complicated procedure. Simplicity is indeed a truly appreciated condition that guarantees customers’ fidelity.
All forms of payment will be combined as one single system with the authorization metaserver method.
Limonetik’s platform is intended for all e-vendors who are interested in payment instruments creation and integration in order to improve the payment experience and facilitate the whole promote customer relation. Thanks to its platform of multichannel payment, Limonetik gives e-vendors the opportunity to put alternative payment methods at their visitors disposal. Limonetik was developed to optimize complex electronic payment flow management, regardless of the solutions of payment available for example online loyalty program, normal credit card, online holiday vouchers, prepaid cards and accounts, online gift cards. Furthermore, Limonetik allows marketplace bills automation and dematerialized refunds. Limonetik accelerates means of payment connexion for e-commerce players whether directly or via their payment service provider.