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  • Payment Solutions
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      • Marketplace and affiliatesMixed basket checkout with automated payouts and commission calculations
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Affiliate-System

Save time and administrative effort when paying agency commissions and royalties. Use our easy API, or the admin portal to manage your affiliates and their payouts.

Novalnet’s Affiliate Management is a system that automatically pays out brokerage commissions and revenue shares to sales partners (marketplace participants or affiliates), including a module for processing a marketplace solution.

This service saves you a lot of time and administrative effort when paying agency commissions and royalties. The automation of the affiliate program via the Novalnet solution makes manual posting and monitoring of payments to affiliates superfluous.

Save Yourself Administrative Work

The entire processes – from the share of sales to the payment to your affiliates – are managed fully automatically by us. Our partner program platform, indirect combination with our reliable and secure payment processing, provides you with an additional interface for managing your affiliates.

Creation of Affiliates

Quick and easy creation of new affiliates can be done via an API call or via the affiliate portal. In addition to the predefined product partners, other payees can also be added. After registration, each of the affiliates will receive an email from Novalnet with their login details for the admin portal (dealer ID, authentication code, user ID, password).

Our system transmits the unique affiliate identification data (for payment processing) via an asynchronous API call to the URL of the marketplace operator stored in his system. In order to allocate the revenue share, the marketplace operator’s system can correctly transfer the associated Novalnet ID for the affiliate during the payment call.

Individual Conditions for Affiliates

In the Novalnet admin portal, you can create individual conditions for each affiliate as a pre-configuration. You have the option of specifying a fixed amount or a percentage or both. It is also possible to transfer a dynamic distribution of the commissions (in percent or as an amount) in real-time using an API call; this for all affiliates as well as for the distribution of the commissions for each individual transaction for the marketplace operator.

Possible Distribution Options via Our System are:

Pay per Lifetime: recurring revenue sharing
Pay per lead: one-time payment of a fixed amount

Always Keep an Eye on Commissions

As a retailer, you always have the option of checking the Novalnet administration portal to see how much sales your individual affiliate partners are generating and how high their share in sales is.

The distribution of the commissions per offer (percentage, fixed or both) is already preset at Novalnet. This general default setting can be overwritten when the individual affiliates are created in our admin portal (by the authorized employees of the marketplace operator).

In addition, we offer the marketplace operator another option to change the distribution of the commission shares via the interfaces (via API or batch process via SFTP). In this way, he can split the affected transactions at any time.

Payouts

The commission calculations and payments are of course carried out at the highest level of security and with the usual reliability by Novalnet.

Novalnet offers different payment rhythms, e.g. weekly, bi-weekly up to a monthly payment. Here we can respond individually to the needs of the marketplace and the affiliated dealers. A gross/net payment is also possible. The retention periods depend on the risk of the respective payment method.

In addition, Novalnet naturally also offers account management for the product partners (affiliates), including transparent invoicing, fiduciary money management, payouts, extensive accounts receivable management, etc. Affiliate transferred.

If the threshold is not reached in advance, the payments are suspended with the corresponding information.

The Automated Onboarding Process for Affiliates (Marketplace Participants)

Novalnet offers its contractual partners their own contract portal in which every contractual partner and affiliate can register online. Contract partners and affiliates can enter all data easily and conveniently here and upload the necessary documents. As soon as you have properly entered all the information and all the necessary documents are completely available, the contractual partner can go live. From this point on, we can take over payment processing and accept payments.

As a rule, the creation of an account and the start of the contract are based on the following criteria:

Contract Creation/Onboarding and Identification of the Contractual Partners (KYC) via the Video Identification Process

This can be done conveniently online via our contract portal. Once the contract has been successfully created, the portal transmits the data to our compliance department in real-time.

Review by Our Compliance Department and Creation of Your Account

After the data has been received, our compliance department checks the online account created within 24 hours – in accordance with our in-house policy – and switches it live (or rejects it, stating the relevant reason).

Activation of the Affiliates (Marketplace Participants)

After the Novalnet ID and the basic data of the contractual partner have been created, our system automatically transfers the data to the system using various methods (via API transfer, callback script or also by e-mail) both during installation and when going live of the market place.

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