For decades, limited access to basic financial services like secure savings accounts, money transfers, and credit has been a significant hurdle for a vast segment of the global population. This financial exclusion disproportionately impacts low-income individuals, immigrants, and residents of geographically remote areas. However, a new wave of innovation is poised to dismantle these barriers – Account-to-Account (A2A) payments are emerging as a powerful tool for driving financial inclusion on a global scale.

Data is the lifeblood of successful businesses, but a crucial source of valuable insights often remains untapped: payment data. While facilitating transactions is its primary function, the rich data embedded within payments holds the key to unlocking a deeper understanding of your customers, optimizing operations, and ultimately driving growth.

In the fiercely competitive world of e-commerce, every click, every scroll, every product added to the cart is a potential victory. But here’s the sobering reality: as many as 70% of online shopping carts are ruthlessly abandoned before checkout [Source: Baymard Institute]. That’s a staggering amount of lost revenue and missed opportunities. So, what’s causing […]

Expanding your business globally is an exciting endeavor. It opens up new opportunities, expands your customer base, and diversifies revenue streams. However, navigating international markets comes with its own set of challenges, particularly when it comes to managing cross-border payments.

Among the plethora of payment service options available, three industry stalwarts—Novalnet, Adyen, and Stripe—stand out for their distinct offerings and innovative solutions.  In this analysis, we delve into the unique features and advantages of each provider, equipping businesses with invaluable insights to make well-informed decisions.

Embracing Sustainability Through Global Partnership Novalnet proudly announces its participation in the United Nations Global Compact (UNGC) as businesses are increasingly acknowledging their role in shaping a sustainable future. This significant step reflects Novalnet’s unwavering commitment to fostering sustainability and social responsibility on a global scale. Learn about how Novalnet is aligning its operations with […]

When change is constant and innovation is crucial, embracing transformational leadership isn’t just a strategy – it’s a commitment to ensuring future success and continuous growth. It’s a call to leaders to rise above the ordinary and set a course for unparalleled success. As leaders, we have the power to shape destinies, redefine industries, and leave a lasting mark on the legacy of leadership excellence.

In the rapidly changing world of digital transactions, success lies not only in adapting to change but also in leading it. Novalnet, a fintech company based in Germany, has become a global leader in this field by transforming the way businesses handle payments. As the Chief Marketing Officer of Novalnet, I’m thrilled to introduce a series of thought-provoking articles that explore the company’s core values, technological advances, and its impact on shaping the future of payments.

Get ready to explore the future of online payments in 2024! We’re taking a deep dive into how things are changing. From making online shopping smoother for customers to keeping things super secure, we’ll guide you through it all. Join us as we break down the rules and show you the exciting world of online payments. Our experts will help you understand the latest trends in how businesses buy and sell online. Let’s make sense of this digital future together!

Online retail is growing rapidly across the world. More people are buying directly from brands, and seem likely to continue doing so. This means brands must connect with customers through smooth and secure shopping experiences to enhance brand value and keep them coming back for more.

The European Commission recently introduced new legislation on the digital euro. The putative currency, which will “complement and not replace” the physical euro, could come into use by 2026. The digital euro is the digital version of the euro. It would exist alongside the euro as an additional form of online or electronic payment. But what will this mean for payments and will it impact your business?

Convenience lies at the heart of payments today. We can’t imagine a life without instant payments. Convenience and user experience matters, yet B2B cross-border payments have been lacking in those areas. But newer methods are helping businesses to make cross-border payments in real-time without sacrificing UX. Learn more in this blog.