Payment Solutions for your high-turnover online store
Payment solutions are cashless payments in the field of e-commerce. There are currently over 40 different payment solutions in Germany. The most important of these are: Invoice, advance payment, cash on delivery, direct debit and credit card. Purchasing power in Germany is currently increasingly focused on online retailing, which now accounts for well over half of the total mail order business. This makes it increasingly important for online retailers to provide customers with user-friendly payment options.
Classic payment solutions
Invoice, prepayment and cash on delivery are among the classic payment solutions. The best-known of these is invoice. Here, payment is made after receipt of the delivery. Due to its long history in the German mail order business, this payment solution enjoys a high level of acceptance among buyers and retailers. Another classic payment solution is prepayment, where payment is made before the goods are delivered. The third classic payment solution is cash on delivery. Here, the customer pays in cash upon receipt of the goods. Although this method prevents payment risks, it involves relatively high costs and is a rather cumbersome payment solution, especially for online retailers.
Popular payment solutions among customers and online retailers
Direct debit is one of the most popular payment solutions. It is probably the simplest method of payment for both merchants and buyers: customers leave their bank details in an online store form. The merchant uses this to collect the amount. Direct debit is considered a secure and cost-effective payment method and is therefore offered by Novalnet as one of many payment solutions. Credit card payment is also widely used on a permanent basis. The method is cheap, fast and secure and can be used for (online) purchases all over the world.
Individual payment solutions for your online store
Novalnet offers you individually compiled payment solutions that can be easily integrated into your store. This allows you to offer your customers a wide variety of payment solutions, regardless of the size of your store. With limited payment options, many potential customers abort the process during checkout if they cannot use their preferred payment option. Novalnet’s Payment Solutions can prevent these losses. We work with you to tailor our products and service offerings to your exact needs. Contact us and convince yourself of our services for your turnover!
