NMI

NMI

NMI is a leading payment service that offers the exhaustive setup for a unified payment solution. Started in 2000, NMI has assisted many ISOs, technologists, and innovators. With over 180 staff, NMI has processed $68 billion so far, with 130k merchants, 1.2 billion transactions, and about 1300 tech partners. They even support 250+ EMV certifications, 200+ processor connections, and 195+ shopping cart integrations.

Top NMI Alternatives

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First Data Payeezy

First Data Payeezy offers eCommerce platform and online payment systems, with two main services: Apple Pay and Android Pay.

2

Beanstream

Beanstream is a Digital River company that allows you to accept payments online and on the go.

3

Square

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4

Converge

Converge (formerly Virtual Merchant) allows you to accept payments in various ways: eCommerce, in-store, mobile (on the go), mail, and phone.

5

Bank of America Merchant Services

Bank of America Merchant Services provides payment solutions for businesses to start processing credit card payments from customers.

6

Mercury

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7

Amazon Payments

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TransFirst

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9

Google Wallet

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Chase Paymentech

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11

Elavon

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12

Direct Pay Online

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High Risk Merchant Account

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PayJunction

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NMI Review and Overview

NMI has dedicated payment gateways and supports several payment processors, and is accessible from most devices like mobiles and desktops. It is an exhaustive and rich e-store payment interface that includes online and retail merchants. Some of the featured tools that they impart are virtual terminal, customer vaults, Certify PCI, iSpyFraud, and Profit Stars ACH.

NMI Payment Solutions and Processors

In terms of Processor and Devices that are supported by NMI transactions, they have given a different list for Europe and the USA. On mobile devices with iOS and Android setup, they recommend Miura M010. As for countertop devices on Windows and POS, they include Ingenico iPP320 and Verifone VX820. Multi-Lane Devices include Verifone MX915 and Ingenico iSC250. NMI also supports various certified Chip DNA SDKs and APIs.

Under their Point Of Commerce services, NMI has included support for E-commerce, Retail, Mobile, and Unattended platforms. The Ecommerce solutions have online payment support across 165+ processors with 175+ e-cart integrations, SDKs, and APIs. At Retail points, we get the SwlPe POS app with EMV card readers. Additionally, their app on mobile also offers payment options. For Unattended sections, they allow access to parking garages, taxis, vending machines, etc.

NMI Payment Gateway and Security Features

In the Payment Gateway, NMI has accepted several payment types. Payment from services like Visa, MasterCard, Amex, etc. are present too. It has a dedicated merchant panel to process payments, transactions, and get specific activity and interaction reports. The core setup of Payment Gateway contains a virtual terminal, reporting feature, recurring bills, and QuickClick cart. It supports transaction routing, integrations, batch processor, gateway emulator, and a versatile product manager. Apart from these, unique features like tokenization, e-invoice, and MID capabilities are also part of their payment services.

When it comes to transaction security, they have included security features like payer authentications, fraud prevention, electronic checks, PCI compliance, and encrypted gateways. This even consists of P2PE encryption, Remote Key Injection, and Terminal Management System. NMI has a highly complex FACe, Payment Facilitator Enablement Technology. NMI is truly a multi-faceted solution to varied payment processing uses.

Top NMI Features

  • Customizable payments platform
  • Unified merchant underwriting solution
  • Automated onboarding processes
  • Risk assessments with 100+ checks
  • Flexible payment options
  • Secure self-service payments
  • Fraud detection capabilities
  • Integrated CRM and underwriting tools
  • White label payment gateway
  • Seamless online payment solutions
  • In-person payment processing
  • On-the-go payment capabilities
  • Modular payment solutions
  • Intuitive user interface
  • 280K+ merchant connections
  • 237K+ connected devices
  • 300+ EMV device certifications
  • Proven embedded payments performance
  • Extensive shopping cart integrations
  • Growth potential unlocking.