Innovative solutions for scaling businesses.
At Novo42, we champion a vision of tomorrow's success by delivering innovative solutions tailored businesses of the future. Our commitment extends beyond traditional support; we embrace a dynamic approach, providing strategic insights and risk management expertise.
A new model for scaling companies
We ensure that all transactions adhere to relevant regulations and compliance standards, minimizing legal risks.
We manage the entire payment process, from authorization to settlement, ensuring smooth and secure transactions.
We assist clients in expanding their business into new markets by providing localised payment options and navigating complex regulatory environments.
We help mitigate fraud and other risks associated with payment processing, safeguarding your financial interests and reputation.
“Our finance team and employees alike love Novo42 for its ease of use, transparency, and excellent customer service. Its modern solutions help us take operating efficiency to the next level.”
VP of Finance | Global eCommerce Merchant
Transformative solutions
"Our Novo42 service model represents a sophisticated legal framework designed to facilitate seamless commerce. As a tailored legal construct, it empowers Novo42 to act as a local Merchant of Record (MOR) on behalf of merchants, ensuring full compliance with all pertinent regulations.
Our innovative approach not only streamlines the process of selling goods or services but also provides merchants with peace of mind, knowing that their operations are conducted in a manner that prioritizes legal integrity and regulatory adherence.
The legal construct crafted by Novo42 for Merchant of Record (MOR) services has undergone rigorous scrutiny by local banks, payment schemes, and foreign payment intermediaries. This thorough vetting process ensures that our framework not only meets but exceeds industry standards for reliability, security, and compliance.
Our fundamental value proposition revolves around facilitating efficient and expedited offshore funds transfers for our merchants. With our service model we ensure that offshore funds are promptly reported to the regulatory authorities and effortlessly approved for transfer.
Answers to common questions
Beyond South Africa, Novo42 collaborates with reputable partners to facilitate Merchant of Record operations, ensuring seamless and compliant transactions across diverse markets.
We streamline global transactions by ensuring regulatory compliance, handling payment processing, and providing support for global expansion. By managing the entire payment process on behalf of clients, we mitigate legal risks and ensure adherence to local and international regulations. This seamless service simplifies cross-border transactions, allowing merchants to focus on business growth while accessing new markets with confidence.
Our pricing strategy is designed to align with the success of our clients. We charge approximately 1% of Total Processed Volume (TPV), ensuring that our fees scale proportionally with the value of transactions processed. This approach enables our clients to benefit from our services while keeping costs predictable and directly tied to their business performance. With a transparent and straightforward pricing model, we aim to provide exceptional value and support to our clients as they navigate the complexities of global commerce.
Getting started with our service is straightforward and hassle-free. Simply reach out to our team to discuss your specific needs and requirements. We'll guide you through the onboarding process, including setting up the necessary agreements and integrations. Once everything is in place, you can start leveraging our Merchant of Record services to streamline your payment processing and expand your business into new markets with confidence.
What sets us apart from our competitors is our unwavering commitment to providing unparalleled value and support to our clients. With a deep understanding of the complexities of global commerce, we offer a unique combination of expertise, reliability, and flexibility. Our tailored solutions are designed to meet the specific needs of each client, ensuring seamless integration and compliance with local and international regulations.
Yes, merchants can utilize our services across multiple markets with ease. Our flexible and scalable solutions are designed to accommodate businesses of all sizes and industries, enabling seamless expansion into new territories. Whether you're targeting local customers or reaching a global audience, our Merchant of Record services provide the necessary support and infrastructure to facilitate cross-border transactions while ensuring compliance with regional regulations. With our expertise and global network, merchants can confidently navigate diverse markets and unlock new opportunities for growth and success.
