With our split payment, we offer you a dynamic division of revenue sharing between you and your sales partners (affiliates). And for marketplaces, we can settle shopping carts made up of items from different providers so that the customer only has to make one payment.
For this purpose, we offer you as a contractual partner an interface in our admin portal for managing sales, cost and commission distributions. You can use this to make and manage all standardized constellations for the distribution of processed payments yourself. This refers to all types of sales (positive as well as negative) of successful transactions where a money movement (credit or debit) has actually taken place.
For external payment methods where Novalnet does not receive any funds, the payout is made directly by the provider (PayPal, AmazonPay, etc.) minus its costs to the respective affiliate. Nevertheless, Novalnet offers the revenue share in real time. For this, the respective affiliate must use the Novalnet payment methods (in addition to PayPal, AmazonPay, etc.) or have sufficient credit at Novalnet so that Novalnet can automatically offset the revenue share.
Possibilities of revenue sharing
Percentage share of sales
For the percentage sales distribution, a commission rate can be entered as a percentage. The defined percentage will be deducted from the sales and credited to the affiliate. The remaining percentage of the turnover (if the defined turnover share of the affiliate is not 100 percent) is credited to the marketplace.
Fixed revenue share
– Fixed revenue share to affiliate
An amount can be entered for the fixed revenue share. The defined amount goes to the affiliate and is charged to the marketplace account.
Example: The affiliate gets a fixed amount of 2,00 € for each order, regardless of the order value, so 2.00 must be entered in the column “fix commission”.
– Fixed revenue share to marketplace
An amount can be entered for the fixed revenue share. The defined amount will be charged to the affiliate account and credited to the marketplace account.
Example: The marketplace gets a fixed amount of 2,00 € for each order, regardless of the order value, so -2.00 must be entered as a negative amount in the column “fix commission”.
Percentage and fixed revenue share
Both options mentioned above (percentage, fixed amount) for revenue sharing can also be configured simultaneously.
Setting and transmission of the revenue share
Deposit of commission distribution (percentage, fixed amount or both) per project
The deposit of the general distribution of commissions (percentage, fixed amount or both) for all affiliates can be preset at Novalnet per project, see the following figure from the Novalnet admin portal:
Example 1 – Percentage of sales: An affiliate gets 80 percent of the turnover, so 80.00 must be entered in the “Commission” column for the respective affiliate. The marketplace operator gets the remaining 20 percent.
Example 2 – Fixed revenue share to affiliate: The affiliate gets a fixed amount of 2,00 € for each order, regardless of the order value, so 2.00 must be entered in the “fix commission” column.
Example 3 – Fixed revenue share to marketplace: The marketplace receives a fixed amount of 2,00 € for each order, regardless of the order value, so -2.00 must be entered as a negative amount in the “fix commission” column.
These general default settings can be overridden per affiliate during the individual condition setting for the individual affiliates in our admin portal (by the authorized employees of the marketplace operator), see the following point:
Individual setting of commissions for individual affiliates
In the Novalnet admin portal you can preconfigure the individual commission setting for individual affiliates. Here you have the option to specify a fixed amount or a percentage or both, see the following figure from the Novalnet admin portal:
Example 1 – Percentage revenue share: An affiliate gets 80 percent of the turnover, so 80.00 must be entered in the “Commission” column for the respective affiliate. The marketplace operator receives the remaining 20 percent.
Example 2 – Fixed revenue share to affiliate: The affiliate gets a fixed amount of 2,00 € for each order, regardless of the order value, so 2.00 must be entered in the “fix commission” column.
Example 3 – Fixed revenue share to marketplace: The marketplace receives a fixed amount of 2,00 € for each order, regardless of the order value, so -2.00 must be entered as a negative amount in the “fix commission” column.
Through these individual default settings per affiliate in our admin portal (by the authorized employees of the marketplace operator), the general distribution of commissions already stored per project is overwritten.
Dynamic transfer of the commission distribution during the payment call
In addition, we offer the marketplace operator another option via the interfaces (via API or batch procedure via SFTP) to transmit a dynamic split of the commissions (as a percentage or as an amount) in real time; this both for all affiliates and for the split of the commissions of each individual transaction for the marketplace operator. In this way, the split can be made in real time for the transactions concerned. Info on the technical integration can be found on our online developer portal https://developer.novalnet.com.