Building on their strengthened partnership, Computop and Limonetik have inked an agreement for jointly providing marketplace payment services to their wide-ranging bases of European clients.

It comes as marketplace platforms continue to grow in Europe and the services sold ranging from taxi rides to airplane engines, from consumer goods to hotel rooms, from B2C to B2B and B2B2C. 

Recent events have seen many retailers’ existing supply networks disrupted whilst many companies are looking to digitalise their channels and expand their services. 

Stephan Kück, CEO at Computop,  commented: “With the growth in marketplaces and a clear demand for platforms that allow multiple sectors to take advantage of e-selling benefits, now is the apposite moment for us to work together with Limonetik. 

“Our combined expertise will ensure first-class payment support for every sector and the reassurance of knowing they can rely on us as they expand their interests internationally.”

The firm’s joint solution provides the best of both worlds: Computop is a well-established and respected European payment service provider and Limonetik is a fintech payment technology orchestrator who has been working with marketplaces in Europe from the early days of their development.

“Together the entities can deliver the best choice of payment methods whilst managing the complexities of multiple sellers, mixed baskets, split payments and various other platform-specific requirements from PSD2 compliance to customer checkout preferences.

Christophe Bourbier, CEO of Limonetik added: “With platform economy expanding into every sector of commerce, be that between businesses, businesses and consumers or between individual contributors and consumers, such as is the case with the gig economy, a robust and flexible marketplace payment infrastructure is a key to success.

“We are delighted to offer our joint solution with Computop to marketplaces, retailers, manufacturers and any other platform businesses in Germany, France, UK and other European markets. In the times when many platforms are looking for change and upgrade, we are here to help.”