Press release Novalnet SAP Hybris
Press release Novalnet SAP Hybris

One Platform for 360° Payment Solutions from Novalnet Now Available on SAP ® Store

Press Release Novalnet SAP

By integrating with SAP Commerce, Novalnet delivers a secure payment journey fulfilling all payment requirements on a single platform

Munich – 5th May 2021 – Novalnet today announced that its One Platform for 360° Payment Solutions is now available on SAP ® Store, the digital marketplace for SAP and partner offerings. Novalnet’s payment solution integrates with SAP Commerce to help businesses maximize profitability and increase operational efficiency by extending extensive value-added payment services on a single platform to its global clientele.

“Our goal is to set the highest standards in the payment world by constantly innovating to deliver newer features and functionalities”, said Gabriel Dixon, founder and CEO of Novalnet. “To accelerate this process, we work with the best partners in the financial ecosystem to offer an advanced payment platform for businesses around the world. Companies that use SAP Commerce now have access to a comprehensive, agile and trusted payment solution to meet the demands of ever-growing businesses.”

Novalnet provides businesses with a ‘one-stop solution’ fulfilling all payment requirements and value-added services from checkout to debt collection. This includes 200+ payment methods, real-time fraud prevention and risk management, automated invoicing, subscription and membership management, integrated marketplace solutions, receivables management, data analytics and customized reporting.

With a single integration on a single contract, global businesses can eliminate cross-border charges by processing domestically in 150+ currencies with automated reconciliation in 25 currencies. Novalnet’s payment solution gives businesses a competitive edge by offering streamlined buying experiences with a host of rich features such as smart payment selection, one-click cross-shop payments, click and collect, global payment tokenization, smart 3DS service, pay-by link, transaction-specific IBANs, and more.

Novalnet’s payment solution allows customers to manage their global operations through granular reporting and data analysis that offers wider and deeper visibility to market trends, transactions and other processing metrics.

SAP Store, found at store.sap.com, delivers a simplified and connected digital customer experience for finding, trying, buying, and renewing more than 1,800 solutions from SAP and its partners. There, customers can find the SAP solutions and SAP-validated partner apps they need to grow their business. And for each purchase made via SAP Store, SAP will plant a tree.

Novalnet is a partner in the SAP PartnerEdge® program which empowers it to build, market and sell software applications on top of the market-leading technology platforms from SAP. The SAP PartnerEdge program provides the enablement tools, benefits and support to facilitate building high-quality, disruptive applications focused on specific business needs – quickly and cost-effectively. The program provides access to all relevant SAP technologies in one simple framework under a single, global contract.

About Novalnet

Novalnet is a Munich based financial institution and one of the world’s leading payment companies providing end-to-end solutions that goes beyond payment acceptance. Located in 3 continents (Europe, North America & Asia), Novalnet offers a wide range of payment services across multiple channels allowing businesses to maximise profitability by allowing them to focus on their core business.

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Any statements in this release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to various risks and uncertainties described in SAP’s filings with the U.S. Securities and Exchange Commission, including its most recent annual report on Form 20-F, that could cause actual results to differ materially from expectations. SAP cautions readers not to place undue reliance on these forward-looking statements which SAP has no obligation to update and which speak only as of their dates.

For more information, press only:

Novalnet

Zahlungsinstitut (ZAG)

Feringastr. 4

85774 Unterföhring

Germany

http://www.novalnet.de

Contact person:

Marco M. Runge

PR- & Marketing-Manager

Telefon:+49 89 9230683-20

Fax: +49 89 9230683-11

E-Mail: presse@novalnet.de

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