Garching near Munich, Germany – November 21, 2024: Novalnet AG, a BaFin-regulated global payment institution headquartered in Garching near Munich, continues to set new standards in innovative payment solutions. As a trusted partner to businesses worldwide, we are proud to announce significant upgrades to our SAP Digital Payments Add-on, alongside enhanced SAP integration capabilities. With these advancements, Novalnet reaffirms its commitment to providing seamless, secure, and future-ready payment technologies, empowering companies to optimize their financial processes and thrive in an increasingly dynamic market.
The latest advancements include a direct connection between the payment service provider (PSP) and consumer applications, allowing businesses to optimize workflows such as card preparation, direct capture, authorization, settlement, and refunds. These capabilities simplify payment operations and enhance processing speed, all while ensuring maximum security. Additionally, Novalnet has expanded its payment portfolio available through SAP add-ons to include new payment methods including PostFinance Card, Bancontact, WeChat Pay, Alipay, Direct Debit ACH, GooglePay, WalletCard, Prepayment, Invoice, Bank Direct Debit (ACH, SEPA, BECS, BACS), Pix, and Boleto, alongside the 150+ payment methods in over 120 countries and 125+ currencies it already supports, providing businesses and their customers with greater flexibility and regional payment options.
Beyond the SAP Digital Payments Add-on, Novalnet’s solutions extend to SAP Commerce Cloud, SAP Commerce Cloud Composable Storefront, and SAP Hybris, empowering enterprises with seamless integration and a unified approach to managing global digital payments.
Gabriel Dixon, CEO of Novalnet AG, remarked, "Innovation and customer-centricity are at the core of what we do. These new features represent our relentless drive to simplify payment processes for enterprises while enabling them to stay ahead in a rapidly evolving digital landscape. By introducing new payment methods and advanced workflows, Novalnet is setting a new benchmark for operational efficiency and user experience in the SAP ecosystem."
With tokenization technology at its core, Novalnet’s solutions eliminate the need for businesses to store sensitive payment data, reducing compliance burdens while enhancing security. These features integrate directly into SAP Order-to-Cash scenarios, offering unparalleled efficiency for sales, distribution, and financial processes.
Emmanuel Kirse, COO of Novalnet, added, "Our focus has always been on simplifying complexity for our clients. These latest enhancements demonstrate our ability to evolve with the needs of global enterprises. Whether it’s integrating seamlessly into SAP Commerce Cloud or supporting new payment methods like ACH, Pix, and Boleto, we are enabling businesses to expand effortlessly while delivering exceptional customer experiences."
Serving renowned brands such as Airbus Group, Deutsche Telekom, HILTI, Zurich Group, and Sixt, Novalnet’s payment solutions empower businesses to process millions of transactions across diverse industries. With over 18 years of expertise, Novalnet provides a comprehensive suite of services, including risk management, automated invoicing, and multi-channel transaction tracking, all through an intuitive, unified dashboard.
The latest advancements include a direct connection between the payment service provider (PSP) and consumer applications, allowing businesses to optimize workflows such as card preparation, direct capture, authorization, settlement, and refunds. These capabilities simplify payment operations and enhance processing speed, all while ensuring maximum security. Additionally, Novalnet has expanded its payment portfolio available through SAP add-ons to include new payment methods including PostFinance Card, Bancontact, WeChat Pay, Alipay, Direct Debit ACH, GooglePay, WalletCard, Prepayment, Invoice, Bank Direct Debit (ACH, SEPA, BECS, BACS), Pix, and Boleto, alongside the 150+ payment methods in over 120 countries and 125+ currencies it already supports, providing businesses and their customers with greater flexibility and regional payment options.
Beyond the SAP Digital Payments Add-on, Novalnet’s solutions extend to SAP Commerce Cloud, SAP Commerce Cloud Composable Storefront, and SAP Hybris, empowering enterprises with seamless integration and a unified approach to managing global digital payments.
Gabriel Dixon, CEO of Novalnet AG, remarked, "Innovation and customer-centricity are at the core of what we do. These new features represent our relentless drive to simplify payment processes for enterprises while enabling them to stay ahead in a rapidly evolving digital landscape. By introducing new payment methods and advanced workflows, Novalnet is setting a new benchmark for operational efficiency and user experience in the SAP ecosystem."
With tokenization technology at its core, Novalnet’s solutions eliminate the need for businesses to store sensitive payment data, reducing compliance burdens while enhancing security. These features integrate directly into SAP Order-to-Cash scenarios, offering unparalleled efficiency for sales, distribution, and financial processes.
Emmanuel Kirse, COO of Novalnet, added, "Our focus has always been on simplifying complexity for our clients. These latest enhancements demonstrate our ability to evolve with the needs of global enterprises. Whether it’s integrating seamlessly into SAP Commerce Cloud or supporting new payment methods like ACH, Pix, and Boleto, we are enabling businesses to expand effortlessly while delivering exceptional customer experiences."
Serving renowned brands such as Airbus Group, Deutsche Telekom, HILTI, Zurich Group, and Sixt, Novalnet’s payment solutions empower businesses to process millions of transactions across diverse industries. With over 18 years of expertise, Novalnet provides a comprehensive suite of services, including risk management, automated invoicing, and multi-channel transaction tracking, all through an intuitive, unified dashboard.
