Limonetik, the Nuvei team on EU supplier payments
Payment technology company Nuvei Corporation is teaming up with payment and marketplace platform Limonetik in a bid to strengthen its services in Europe and boost global expansion, according to a press release released Thursday, September 30.
The collaboration gives Limonetik the opportunity to capitalize on Nuvei’s European acquisition services and integrate international acquisition as the business grows globally. The move will allow customers using Limonetik’s market platform to accept a wider range of payments, the statement said.
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“Limonetik and Nuvei share the same commitment to providing innovative solutions that ensure customer satisfaction,” Nuvei Chairman and CEO Philip Fayer said in the statement. “Nuvei is well positioned to meet the complex payment requirements of merchants in the rapidly growing market. Our goal is to offer the best possible payment solutions for their unique needs.
Limonetik’s market customers will also benefit from Nuvei’s authorization optimization features, which can increase acceptance rates, as well as its single-integration payment facilitation model, the statement said.
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The collaboration will provide market merchants with end-to-end payment services in the EU and UK. Plans are also underway to expand services in the United States, the statement said.
“By enabling marketplaces to offer simple and relevant payment solutions, we are helping to facilitate a wide choice of products and services available to consumers through a range of platforms, in order to simplify their payment journey,” said Christophe Bourbier, CEO and co-founder of Limonetik. . “This ultimately leads to happier consumers around the world, as well as increased growth and success for Nuvei and Limonetik. “
Nuvei offers businesses a single platform payment solution for technology and intelligence, according to the release. The company’s proprietary platform connects traders to their customers in 204 global markets, with local acquisitions in 45 markets. The platform supports over 480 local and alternative payment methods, nearly 150 currencies and 40 cryptocurrencies.
Limonetik advances digital payments for sellers and marketplaces. The company’s platform is available in 70 countries and works with more than 285 local and alternative payment methods, including mobile wallets, deposits, and gift cards.