This new payment system helps companies digitise by offering advantages of cloud integration. Merchants can use the SAP Commerce Cloud and the Novalnet plug-in to access new markets and support multiple currencies.
With the Novalnet payment module for SAP Commerce Cloud, merchants can use risk management, utilizing machine learning and biometrics for fraud prevention and conversion rate optimisation. The SAP Commerce Cloud payment module makes use of tokenisation process and supports One-Click Shopping, so the buyer does not have to re-enter sensitive credit or debit card details. The Novalnet plug-in can be used to configure common payment methods that are used locally and worldwide.
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