Guaranteed Payments
Guaranteed payments are carried out through Guaranteed Direct Debit SEPA or Guaranteed Invoice. If guaranteed payments are made through Direct Debit SEPA or Invoice payment, the credit check is validated by Novalnet to ensure shoppers make substantial payments. Once shoppers' credibility is authentic, you will receive a payment guarantee from Novalnet.
Invoice with Payment Guarantee
| Payment Type | GUARANTEED_INVOICE |
| Type | BANK-TRANSFER |
| Supported Countries (B2C) | 
Austria (AT)
Switzerland (CH)
Germany (DE)
|
| Supported Countries (B2B) | 
European Union (EU)
Switzerland (CH)
|
| Supported Currencies | EUR |
| Authorization | Yes |
| Transaction Refund | Yes |
| Tokenization | No |
| Recurring | Yes |
| Transmission of the customer number | No |
Direct Debit SEPA with payment guarantee
| Payment Type | GUARANTEED_DIRECT_DEBIT_SEPA |
| Type | DIRECT-DEBIT |
| Supported Countries (B2C) |
Austria (AT)
Switzerland (CH)
Germany (DE)
|
| Supported Countries (B2B) |
European Union (EU)
Switzerland (CH)
|
| Supported Currencies | EUR |
| Authorization | Yes |
| Transaction Refund | Yes |
| Tokenization | Yes |
| Recurring | Yes |
| Transmission of the customer number | No |
Basic requirements
- Allowed B2C countries: Germany, Austria, Switzerland
- Allowed B2B countries: European Union and Switzerland
- Allowed currency: €
- Minimum order amount: 9,99 € or more
- Age limit: 18 years or more
- The billing address must be the same as the shipping address
Try it yourself
Before integrating guaranteed payments into your webshop, do you want to simulate the checkout flow? Give the guaranteed payments demo a try to view how guaranteed payment checkout handles payment responses. Choose the Business Type (B2B/B2C), click the below data to auto-fill the form, pick a payment method, and click Pay Now to get started. For the test data refer /resources/testing.
B2B stands for Business to Business, where transactions are made to exchange products or services between businesses. For e.g., merchants to retailers. Retailers or vendors have to provide their company names while transacting.
B2C stands for Business to Shoppers where transactions are made for exchange of products or services between a business.and a shopper. For eg., retailers to shoppers. Shoppers have to provide their date of birth while transacting.
How does Guaranteed Payments work?
- Shoppers choose Guaranteed Direct Debit SEPA or Guaranteed Invoice on the checkout page.
- To proceed with Guaranteed Direct Debit SEPA shoppers should agree to a SEPA mandate. SEPA mandate is considered as an authorization from shoppers’ end to pull money regularly from the shoppers’ bank account.
- Novalnet validates shoppers’ bank details for authenticity and credibility.
- If the shopper is found legitimate, Novalnet will provide a payment guarantee for the shopper and the merchant will deliver the goods.
- If the payments are not received post confirmation, due to some illicit reasons, Novalnet will be liable and transfer the order amount to the merchant for the delivered goods.
Payment API
The Payment API function performs all actions related to payments. The payment function mainly authorizes the payment details and can further capture payments immediately. When we say capture, it denotes that payment is processed successfully.
Authorize
As the function's name implies, Authorize performs a basic payment authorization. The details entered in the payment form is run through an authorization process to ensure their validity and payment details are verified for further processing
End point URL
| Payment API |
https://payport.novalnet.de/v2/payment
|
| Authorize |
https://payport.novalnet.de/v2/authorize
|
How do you wish to integrate Guaranteed Payments?
Set up the integration of the payment methods Guaranteed Direct Debit SEPA and Guaranteed Invoice in your web shop using any of the following integration methods based on your business model. Previously, you must have enabled the Guaranteed Direct Debit SEPA and Guaranteed Invoice in the Novalnet Admin Portal. In case you cannot find any payment types with payment guarantee there, please contact our support team.
Transaction Result
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