The use of credit cards for online payments is slowing.
New payment methods, providing greater ease of use, among other benefits, are increasingly in demand. "Worldwide, there are between 200 and 300 alternative payment methods, which are increasingly being used. In 2015, the amounts paid using these alternatives have exceeded those paid with a credit card," says Christophe Bourbier, CEO and co-founder of Limonetik. The French FinTech company offers a platform that combines more than 80 different payment methods. "With it, e-commerce websites but also international payment platforms can easily offer a solution that meets their expectations."
Serving the biggest players
The Limonetik platform connects payment methods, and it manages and reconciles all flows passing through the platform securely. "We can be proud to serve the top 100 French e-commerce websites, like Vente-privée and LaRedoute. All of them use Limonetik to access all or part of the payment methods that we offer. "
Security in Luxembourg
Limonetik, with his team of 25 people, continues its international expansion. To support its growth while ensuring the continuous availability of its services and optimal transaction security, the company trusted EBRC in Luxembourg where it chose to host its IT systems. "We have no room for error. In the field of payments, data security and availability of the payment solution are critical. It is therefore necessary to carefully manage the growth of the monetary flows related to our development, but also due to the seasonality of the commercial sector," says Christophe Bourbier. Computer resources therefore have to evolve with the demands. "In EBRC, we found an experienced partner specialising in the management of sensitive data, which understands the financial sector issues in terms of security and regulation while helping us grow."