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Novalnet AG was founded in 2007 in Ismaning, Germany. The company strive to offer all current national and international payment methods and a comprehensive range of services, including integrated risk management, automated invoicing, automated debt and receivables management including various dunning levels, and free technical support.
There is no fixed term of contract for the contract design, but only a three-month notice period. This 3-month period does not lead to any ongoing costs for the dealer, since no basic fee is charged. Through trust accounts, the traders' funds are also secured in the insolvency of the payment provider.
As a full-service provider, Novalnet AG supports payment methods such as direct debit (such as SEPA direct debit), credit card, online transfer, telephone payment, prepayment or purchase of bills and e-wallets such as PayPal. Novalnet also offers some country-specific payment methods, such as eps and iDEAL. Installment payments are also possible. Novalnet offers more than 100 free payment modules for various shops, blogs, customer relationship management (CRM), merchandise management (WAWI) and content management systems (CMS). The implementation of these payment modules is also possible without technical knowledge within a few minutes and maintenance is also free of charge.
From checkout to collection - Novalnet AG offers services to both dealers and to customers from all over the world. Regardless of whether the dealer is located in Europe, the USA or Asia, Novalnet can easily equip shops with the usual payment modules. In the checkout process, the customer remains on the shop webpage as the payment system can be integrated directly into the shop system.
Novalnet AG has customers in various industries, such as AVON's direct sales company, Lamy's writing instruments, Vileda cleaning products, the Zächel AG hospitality and activation agency, and the Bavarian Administration of State-owned Palaces, Gardens and Lakes.
Novalnet AG offers various fraud modules (fraud prevention measures), which can be activated depending on the industry, company size and target group. In addition, customers receive a free collection & claim management as well as a free subscriptions & membership management.
Novalnet AG's goal is not to produce a mass product, but rather an individual, tailor-made, customer-oriented billing solution, which meets all possible requirements. In order to be able to offer customized solutions, it maintains a complete software department and also implements various software applications.
As a registered payment institution, Novalnet AG, much like banks do, must observe and comply with a variety of supervisory regulations, e.g. with regard to money laundering prevention, data protection, risk management, internal audit, organization, etc. This is regularly reviewed by auditors, the Deutsche Bundesbank and BaFin. Naturally, Novalnet AG fulfills all regulations.