Overview
NMI describes itself as a global embedded payments enablement platform. It sells mainly through partners (independent sales organisations, software and SaaS companies, banks and payment facilitators) rather than directly to merchants. It reports more than 1.2 million active merchants, about 6,000 channel partners, more than US$700 billion in annual payments volume and more than 150 processor connections, as well as over 300 EMV device certifications.[12] It trades in the United Kingdom as Network Merchants Ltd, and has acquired Dwolla and Fee Navigator.[12]
NMI’s processor-agnostic design lets a reseller board merchants onto whichever acquirer suits them while keeping one gateway. Its all-in-one payments product allows partners to share in net payment revenue. Merchant pricing is set by the reselling partner, so NMI publishes no merchant rates. These figures are self-reported by NMI.
NMI features
- White-label gateway
- 150+ processor connections
- 300+ certified EMV devices
- Embedded payments for software platforms
- Partner revenue sharing
NMI pricing
Set by reselling partner; no merchant rates published.
NMI strengths and limitations
Strengths
- Processor-agnostic
- Large partner ecosystem
- Strong device certification list
Limitations
- Not sold directly to most merchants
- Pricing depends on the reseller
- Statistics are self-reported
Appears in
NMI alternatives and competitors
Alternatives to NMI: companies ranked in the same lists.
Stripe Atlas
Adyen
Checkout.com
Braintree- Authorize.net
Global Payments
Mollie
Razorpay- Square
PayPal
Helcim
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