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  • Payment Solutions
    • Accept Payments
      • Full-service Payment Processing150+ payment methods 125+ currencies
      • Payment PluginsInstant payment plugins for 100+ ecommerce/ERP/CRM platforms
      • Seamless CheckoutMaximize conversion, minimize friction
      • Guaranteed Payment100% payment assurance and faster pay outs.
      • MOTO / Pay-by-LinkAccept payments without an ecommerce website
      • CallNPayOnline payment without internet using IVR technology
    • Secure Transactions
      • Fraud preventionAI based fraud and risk prevention in a PCI DSS Level 1 environment
      • Escrow accountsReduce nonpayment risk to zero with insolvency-proof escrow accounts
      • Receivables ManagementImprove cash inflow and minimise debt
      • Debt CollectionAutomated dunning process ensures timely payment reminders and collection
    • Value Additions
      • Marketplace & AffiliatesMixed basket checkout with automated payouts and commission calculations
      • Subscription ManagementAccept subsription payments on schedule
      • Implementation & MaintenanceLeave your payment integration and maintenance worries to the experts
      • Analytics & ReportsGet in-depth view of your transactions and automated reports in multiple formats
      • End-user SupportPayment support for your customers on phone, email and chatbot
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Membership & Subscriptions

Set up and process recurring payments with ease using our cost-free, automated subscription management solution. After the initial authorisation of direct debit, PayPal, credit card or invoice transaction, payments are processed automatically until cancellation.

Is it always easy to run a subscription service? Would your customers be happy to pay every cycle with confidence? What if some transactions fail to process? These are tough questions that need an answer. Subscription management software deals with these questions to make both the customers and the business owner happy through automated service.

Subscription management is the best way to run a business. The advantage of running a subscription business lies in cash flow reliability and predictability. However, with hundreds or thousands of customers, the problem lies in managing a subscription service. As the sheer volume of customer rise, manual processing is unimaginable and can lead to unfavourable business conditions.

Fully-automated subscription management

The subscription management service is the answer to run your business operations smoothly. The service is fully automated from where the customer registers for the service to the end of his subscription. In addition, customers feel at ease to pay since the payments are guaranteed, and the company follows the PCI DSS compliance standards.

How it works?

1. Activation

In the beginning, the customer account is created. Most often, businesses attract customers through a trial service. The customers billing details are stored at this point.

2. Process recurring payments

The recurring payments are processed automatically to save time and be more efficient.

3. Monitor incoming payments

The incoming payments are continually monitored to check for fallacy. In case of any error reports, the business owner can identify and take appropriate measures.

4. Dunning Management

If payments are not received on time, it gives way to dunning management. In addition, reminder emails are set to be sent to customers based on email settings.

5. Reporting

Everything is recorded and stored. So you can get an overview of the entire process in a convenient dashboard.

Spot failed transactions

Don’t miss any more transactions. At times, customer’s transactions fail for several reasons. How can you detect failed transactions among thousands of transactions? Manual detection is simply impossible. Instead, the automated feature of the subscription software automatically detects for you. Based on these reports, you can now deal with failed transactions.

Customer satisfaction – all that matters in the end

Subscription services are a good business model, and many businesses lately opt to deliver services through subscription. However, with thousands of customers enrolled in your firm, it is challenging to manage the entire service.

The automized alternative to process subscriptions works flawlessly and makes customers happy. Further, the guarantee of payments and operating under PCI DSS compliance standards instils confidence among customers.

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Products

    • Credit Card
    • Instalment payments
    • SEPA-Direct Debit with Payment Guarantee
    • Direct Debit UK (BACS)
    • Pay Cash
    • Prepayment / SEPA Transfer
    • Invoice
    • Invoice with Guarantee
    • PayPal
    • Instant Bank Transfer
    • giropay
    • eps Transfer
    • iDEAL Transfer
    • Post Finance
    • Multibanco
    • Bancontact
    • Apple Pay
    • Cash on Delivery
    • Przelewy24
    • In-App-Payment
    • Pay by Mobile Phone Bill
    • Tokenization
    • Fraud Prevention bck
    • Automated Invoicing
    • Document Management System
    • Receivables Management
    • Membership Management
    • Subscription Management
    • Marketplace Solution
    • Affiliate-System
    • MOTO / Telesales
    • Debt Collection Management
    + show more

    Services

    • Implementation & Maintenance
      • Dealer Administration
      • Test & Productive Operation
      • Project Management
      • Training and Documentation
      • Real-Time Monitoring
      • Evaluation & Reporting
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      • About Novalnet
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      pci dss
      • BrexitCan You Make and Receive SEPA payments from the UK after Brexit?
        May 16, 2022
        If you have found yourself asking this question – “Can I use SEPA to send or accept payments between the UK and the EU?” - then the short answer is, yes, you can. Since Brexit, you might expect new rules since the UK is no longer a part of the EU. If you are a business that wants to make SEPA payments from the EU to the UK and vice versa, read on to know more. [Read more…]
      • Faster paymentsWhat Are Faster Payments in the UK: Everything Merchants Need to Know
        May 16, 2022
        The Faster Payments Service makes real-time payments of up to £ 1 million possible anywhere in the UK. Know more about how it saves time, money and hassle. [Read more…]
      • Cute young woman holding white credit card for shopping online with computer while sitting in the kitchen at home.P27 and the Future of Cross-border Payments in the Nordics
        May 6, 2022
        Learn how P27, the pan-Nordic instant payments platform, is set to transform the payments landscape in Europe. [Read more…]

      See all articles

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