E-commerce payment: choose the best management tool


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E-commerce payment: choose the best management tool


Using a unique e-commerce payment method on a merchant website does not meet customers’ requirements, but using multiple options might be quite difficult to manage without an appropriate tool. If you want to implement many payment methods on your online store, Limonetik is the best solution to easily and efficiently deal with a huge volume of financial transactions.


Limonetik, for innovative e-commerce payment solutions


Facilitator of cross-channel payment, Limonetik e-commerce payment system’s aim is to help e-vendors expand their portfolios with the alternative payment methods claimed by customers. Limonetik shortens time of payment instruments connection for e-commerce actors when necessary with the support of their payment service provider. Limonetik’s platform is dedicated to all sale website who are interested in means of payment creation and integration in order to improve the payment experience and simplify the whole customer relation.


Innovative e-commerce payment methods


Many of us will be aware of the growing number of payment types available on the High Street. Lots of retailers will offer loyalty point schemes and pre-paid gift cards, as well as accepting coupons and vouchers. Recently they have also begun to accept mobile payments and e-wallet payments. On the other hand, e-commerce payment systems have tended to remain focused on just debit and credit cards. This is no doubt due to the difficulty vendors have in dealing with the complexity of deploying and integrating such systems. Now, though, Limonetik has been able to solve this problem with an innovative new platform.


A next generation e-commerce payments system from Limonetik


Limonetik has transformed the landscape in the e-commerce payment industry with their new platform. The system addresses the difficulties of implementing multi-channel payments by offering a SaaS solution that can be implemented in as little as six weeks. Limonetik has carried out all of the necessary back office technical work and this allows vendors to concentrate on developing their business, rather than struggling with the complexities of integration and deployment. In doing so, these vendors can access a system that delivers real business value.


The value of accepting e-commerce payment using many channels


Any truly valuable e-commerce payment system must reflect the changes that have taken place in the way that people expect to be able to pay for their purchases. These can include the use of pre-paid gift cards, vouchers, loyalty points schemes, mobile payments and e-wallets, in addition to the usual credit and debit cards. In accepting such payments, the online retailer is matching his website to the preferences of his customers and can therefore build loyalty and sales. The customer, meanwhile, is able to use funds wherever he has them, thus maximising his spending power.


An e-commerce payment system that increases sales


The industry is well aware that more than two thirds of online transactions are abandoned before completion. This means that any e-commerce payment system worth its salt will have to address this issue. Limonetik achieves this by creating dynamic payment pages, which present the user with relevant offers based on his activity on the website. The vendor can also use this opportunity to reward his customers with loyalty points, thus encouraging them to return and become repeat customers. With a simple and rapid checkout process and easy access to support staff, the value and number of completed baskets is maximized.


Limonetik, the number one provider of e- means of payment


Limonetik specializes in creation and deployment of online payment solutions in order to deliver the optimum payment experience and facilitate the whole buying process. Using its multi-channel payment platform, Limonetik assists electronic commerce merchants in offering more means of payment to final purchasers. Limonetik’s aim is to enable quicker integration of payment methods necessary for electronic commerce, directly or through PSP. Limonetik delivers other functions such as dematerialised compensation, as well as foreign exchange services, processing, collecting, reconciliation of accounts, etc. Thanks to Limonetik, handling complex electronic payment flows becomes simpler, even in case of a wide variety of means of payment including online gift cards, standard credit card, online wallet, online holiday vouchers, prepaid cards and accounts.


 

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.