Invoice

PURCHASE ON INVOICE

As has been shown in various studies on the purchasing behaviour of e-commerce customers, ordering on the account is the most popular payment method among Germans. Buying on the account is a convenient and secure payment option for your customers. Online buyers prefer to buy on the account because of their security, especially in online shops that are visited for the first time. You first receive the delivery of goods or can use a service, but only pay after the goods have been checked or the service has been provided. Now the customer only has to pay the invoice by bank transfer for the goods that he would like to keep. Many customers get lost for e-commerce sites that don’t offer this payment method.

Advantages

Reduce the Abandonment rate by Purchasing on Account

Many studies show that the abandonment rate drops sharply as soon as an online shop offers to purchase on account. So don’t forego your sales.

Protect yourself against Payment Defaults

For you as a shop operator, however, this payment method is associated with certain risks, as payment defaults can easily occur. Therefore, the risk can be greatly reduced in advance through intelligent fraud prevention and subsequently through the free claims management of Novalnet.

Fully Automated Allocation of Incoming Payments

The administrative effort is relatively high, as the retailer has to regularly check incoming payments and, if necessary, issue reminders. Novalnet manages and controls your incoming payments, which significantly reduces your administrative effort.

Subscriptions

We take over the triggering of your subscriptions for you, as well as the permanent monitoring of incoming payments. A first-time SEPA direct debit, PayPal, invoice or credit card payment is followed by a fully automated execution of further payments.

Functions

Payment by Invoice

Payment by invoice is fully automated. If necessary, the risk of payment default is analyzed with the help of the fraud module, thus minimizing your payment default. An invoice can also be generated automatically.

Automatic Billing

With the so-called “INVOICING” function, the invoices (for successful purchases by the end customers of a shop) are created by Novalnet. All the necessary parameters for invoicing are automatically transmitted via an interface so that the invoice is then generated and sent.

Automatic Payment Allocation

Novalnet has developed a system with which an automatic assignment is guaranteed almost 100%. Error-prone interpretations of the intended use, incorrect entries by customers and “forgetting” the relevant payment details are avoided from the outset. This saves valuable time in order processing and increases the satisfaction of your customers. When allocating incoming funds, it does not matter which end customer pays claim X. With the permission granted by BaFin, Novalnet can also open a separate trust account in which all receivables accounts are then mapped.

Minimizing Payment Defaults

You can use the credit checks to automatically block payment methods in the check-out so that customers with low credit ratings can only choose secure payment methods for you as a retailer. All fraud modules can be perfectly interlinked and combined according to your needs, thus the risk is effectively minimized.

Automatic Receivables Management

Reliable debt collection complements Novalnet’s range of e-payment and risk management services. Our receivables management relies on a personalized approach and thus achieves a high collection rate. This service is – with the exception of the judicial dunning procedure and payment reminders by post – absolutely free of charge and can often prevent high losses due to payment defaults.