Bitcoin payments processor Bitnet and global digital payments infrastructure company Limonetik formed a strategic partnership to allow merchants to accept bitcoin as a payment method on the Limonetik payment platform, regardless of either which country they are in or where they are targeting their business.
Currently, Limonetik customers are able to make payments through traditional means like credit or debit cards. With this partnership, e-commerce merchants and marketplaces can easily be able to add bitcoin to their list of payments on their checkout pages.
Bitcoin Payments Option
“We recognised the growing interest in digital currencies from our customer base and are excited to partner with Bitnet to add bitcoin to our service offering,” said Christophe Bourbier, CEO and co-founder at Limonetik. “We selected Bitnet as a partner due to the ease-of-integration and scalability of their platform, as well as the proven experience of their team in the payments space.”
Bitcoin payments can allow merchants and customers to reduce transactions costs associated with online purchases. This can also speed up the transaction itself and eliminate the need to pay conversion fees.
“Our partnership with Limonetik enables us to plug into a proven and innovative platform which powers payments processing for a range of merchants, PSPs and marketplaces,” said Akif Khan, Chief Commercial Officer at Bitnet. “We look forward to joining forces with Limonetik to enable their customers throughout Europe and beyond to accept bitcoin payments from a rapidly growing consumer segment.”
Indeed bitcoin payments has been slowly moving closer to mainstream acceptance these days, as more and more online merchants include this feature in their list of payment options. While the bitcoin network itself has undergone some glitches every now and then, there’s no denying that the advantages offered by this relatively seamless type of payment can make it a more popular option in the future.