Online payment methods: a dedicated tool for efficient management


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Online payment methods: a dedicated tool for efficient management


Several online payment methods are available, among which online buyers and sellers can choose the ones that best fit their needs or possibilities. For e-stores, providing a wide range of means of payment is a way to attract and retain customers, increase their sales and efficiently manage their financial transactions. Limonetik assists them by implementing a reliable management tool.


Limonetik’s online payment methods management


Limonetik accelerates online payment methods connection in the field of e-commerce sometimes in collaboration with the PSP. Limonetik’s specialty is creation and roll-out of online means of payment aimed at improving the payment experience and smoothen the whole to support retention of online buyers. Optimized complex electronic payment flows management becomes possible with Limonetik, whatever the methods of payment proposed including, prepaid cards and accounts, online holiday vouchers, online wallet, online loyalty program, normal credit card.


Innovative online payment methods


For many years now, the way we pay for our purchases had been changing. Cash is now secondary to debit and credit cards and we have also even the introduction of other payment services. We are all now familiar with vouchers and coupons and gift cards and reward points have also become common. More recently, mobile payments and electronic wallets have also become common. Sadly, online payment methods have been slower to evolve and many users are still limited to using just debit and credit cards. Limonetik, however, has the power to change all of that and in doing so transform online commerce.


How increasing online payments methods can boost business


Limonetik was founded after Christophe Bourbier realised that he could not spend the money gathered on his internet wedding list in an online store. This at first seemed ridiculous but soon seemed like a great business opportunity for the keen entrepreneur and the company was born to resolve this issue and create a platform where online payment methods were as numerous as those offline. In doing so, Limonetik has created a powerful and innovative payment platform that both rewards the user and makes it simple for online vendor to implement multiple payment channels.


The Limonetik approach to online payment methods


Limonetik has made it their goal to create a platform to accept a huge variety of online payment methods. These include the same methods that shoppers are used to using on the High Street and by increasing choice the platform can increase customer satisfaction and sales at the same time. When presented with greater choice, users are reassured and have been shown to spend more money on the site. The Limonetik platform also boasts a simple and quick checkout, which helps to minimise abandoned carts.


Adding value to online payment methods


Limonetik doesn't just stop at creating a platform to accept a huge range of online payment methods. Instead, the company uses this as a starting point to build a better payments process that actually increases sales. This is achieved by a sophisticated system, which can actually monitor customer's behaviour on the site and then present them with offers, reward and price reductions as determined by the vendor. In doing so, the customer is rewarded for his business and the checkout page is transformed into a valuable sales tool.


Zoom on Limonetik services


Limonetik specializes in development and deployment of online means of payment in order to give the optimum payment experience and optimize the whole buying journey. Our company’s head office is based in the French capital. We have been granted the "Cool Vendor in Digital Commerce" label in 2015 by the American analyst firm Gartner, which is a guarantee of our quality of our services. Limonetik technology solutions expands to financial flows reporting, among which account reconciliation, processing, collecting, foreign exchange services... Limonetik aims to quickly implement new payment methods in the area of electronic commerce, possibly by involving the PSP. Simplified complex electronic payment management is now feasible with Limonetik, coming from an array of means of payment: standard credit card, prepaid cards and accounts, online gift cards, digital wallet. Being an expert in cross-channel payment, Limonetik helps electronic commerce sites in offering alternative means of payment to final purchasers.


 

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.