E-wallet: how to implement this payment method on your e-commerce site?


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E-wallet: how to implement this payment method on your e-commerce site?


The e-wallet is currently one of the most used methods for online purchases. Customers mainly choose it because it is simple, fast and safe. Shall you consider adding this mean of payment to those already available on your online store, call on Limonetik, the ideal partner for such project.


The advantages related to a digital wallet system


Online payments have become widely used due to the increasing online trades. Bank cards are the most used methods in online transactions. However, they have become more and more vulnerable to frauds and privacy related issues.


Other systems are also available besides bank cards such as the digital wallet system. It is a very familiar method among younger generations. Simple and practical, this system allows you to execute purchase everywhere in the world.


It presents multiple advantages for its users because:


  • There is no need to keep a huge amount of cash money with oneself
  • It offers the possibility to perform online payments without having a bank account.
  • It is easy to use, fast, and secure since there is no need to provide personal information.

It is therefore an interesting tool for e-commerce retailers who wish to increase their sales conversion rate. Furthermore, millions of consumers have already adopted this payment solution. That explains the fact that online payment service providers are now very sought after. PayPal showed the way to other e-wallet system companies.


Facilitating the use of e-wallet with Limonetik


Integrating new systems of payment within an existing system might be challenging to online payment service providers. That could be an issue that might prevent e-wallet system from developing.


For that reason, Limonetik offers a simple but efficient method to online payment service providers. This method consists of managing multiple forms of payment and quickening the approval of those systems by e-commerce retailers.


This new payment method is a positive change to e-commerce businesses it helps in improving sales conversion rate and the average basket size. Furthermore, the tools used by Limonetik to help boost sales also increase the quality of customer service.


This platform proposed by Limonetik allows customers to combine different forms of payments such as e-wallet and fidelity cards. Limonetik centralizes the operations and makes payment easy and practical.


Learn more about the company Limonetik


Limonetik is a platform dedicated to merchant websites who face issues in means of payment development and integration in order to deliver the best possible payment experience and contribute to achieving a smoother purchasing process. Being a specialist in multichannel payment, Limonetik helps e- commerce sites to respond to new client’s requirements.


Limonetik aims to accelerate the means of payment integration within the field of internet-based sales. if needed with the support of the PSP. Limonetik delivers innovative functions like dematerialised refunds, as well as account reconciliation, processing, collecting, foreign currency translation, etc. With Limonetik, complex electronic payment flows management becomes easier, even in case of a wide variety of means of payment including classic credit card, online wallet, online gift cards, 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.