France based-payment service provider Limonetik has announced an agreement with Nuvei to enhance the former's marketplace payment services offering in Europe.
Through this collaboration, Limonetik will leverage Nuvei’s European acquiring services and plans to incorporate international acquiring as part of its global expansion. This enables its portfolio of marketplace platform clients to accept a range of payments, while taking advantage of Nuvei’s authorisation optimisation features to enhance acceptance rates.
Limonetik’s marketplace clients will benefit from Nuvei’s single integration payment facilitation model. This will provide vendors selling on the marketplaces with and end-to-end payment services in the EU and the UK, with an expansion to the US in the future. This will a frictionless user experience for buyers and vendors.
Limonetik, one of the developers of marketplace payment solutions, addresses the payment requirements for multichannel retailers, marketplaces, gig and shared economy platforms. The company has done this through its modular approach to building solutions for their clients, with interchangeable components depending on their needs.
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