BrokersMinutes

Bitnet and Limonetik Partner, allow Merchants Accept Bitcoin on Limonetik Payment Platform

The partnership that could help hundreds of merchants accept Bitcoin has been announced by Bitnet and Limonetik. The two companies have agreed for a strategic partnership to allow merchants to accept Bitcoin on the Limonetik payment platform. This will pave the way for Bitcoin and help millions of customers.

Nonetheless, Bitnet, an enterprise Bitcoin payments processor, and Limonetik, a key player in global digital payments infrastructure and a marketplaces solution provider, will enable the merchants to accept Bitcoin regardless of either which country they are in or where they are targeting their business.

Receive Payments from Customers Anywhere in the World

The partnership will allow merchants accept payment from anyone anywhere in the world at low cost and with no chargeback risk. Additionally, as the partnership will enable Limonetik to add Bitcoin to its already impressive portfolio of payment types, customers of Limonetik which range from ecommerce merchants to marketplaces to PSPs will benefit a lot.

The merchants wishing to offer additional forms of payment will now be able to add Bitcoin to their checkout pages quickly and easily. Nonetheless, the press release from the two companies informs that Bitnet will enable Limonetik’s customers to accept payments in Bitcoin without being exposed to risk of fraudulent transactions or any volatility in the price of Bitcoin.

Moreover, as funding in a local currency of choice further simplifies the end-to-end flow, the customers will benefit a lot from the entire development. The partnership will also benefit Limonetik as it aims to remove the complexity from payments processing whilst increasing the reach of their customers.

Will help Encourage Merchants go For Bitcoin

Christophe Bourbier, CEO and co-founder at Limonetik says that his company recognized the growing interest in digital currencies from its customer base and excited to partner with Bitnet to add Bitcoin to the service offering. He also admitted that they selected Bitnet as a partner due to the ease-of-integration and scalability of their platform.

Additionally, as Bitnet has the team that has a lot of experience in the payments space, the partnership is expected to reap rich dividends. Even Akif Khan, Chief Commercial Officer at Bitnet admitted that the partnership with Limonetik enables them to plug into a proven and innovative platform which powers payments processing for a range of merchants, PSPs and marketplaces.

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