NMI Unveils Unified Payments Engine to Enable New Era of Commerce
October 16, 2018
ISOs, Fintech Innovators and Technologists Can Now Power Payment
Acceptance across All Points of Engagement on a Single Platform
ROSELLE, Ill.–(BUSINESS WIRE)–#ACH—NMI,
the unified commerce enablement company, today unveiled its unified
payments engine for independent sales organizations (ISOs), fintech
innovators and technologists. This unprecedented solution enables NMI
partners to deliver a simplified payments platform that meets today’s
expectations for seamless recognition across all merchant points of
engagement, including in-store, mobile, online and self-service. Using a
unified token, NMI is able to deliver a singular view of customer and
payment data that can be used to develop cross-channel solutions,
generate new revenue streams and improve customer experience.
“Our unified commerce platform, available today, offers a plethora of
payment device certifications, along with unmatched shopping cart
integrations and processor connections that places our partners in a
league of their own,” said NMI CEO Vijay Sondhi. “Add in tokenized
payments data and the foundation is set for our partners to become a
one-stop-shop for their merchants across all payments channels,” added
Sondhi.
Destroying Data Silos
NMI’s unified payments engine is a unique platform at the forefront of
the industry. With unrivaled visibility into holistic payments activity,
merchants can leverage consolidated information to make better business
decisions, deliver better customer experiences, uncover new sources of
revenue and provide services like click-and-collect or buy online return
in store (BORIS).
Singular Customer View
A unique tokenized payment credential is maintained for every
transaction within a single vault repository for all payments data. This
enables NMI partners to develop unique services, plus reporting and
business intelligence solutions, with an unprecedented understanding of
consumer buying behavior.
Active Portfolio Management
Multi-dimensional hierarchies enable partners to actively manage their
portfolios with an infinite number of sub-affiliates and merchants.
Partners can rapidly onboard an unlimited number of merchant
identification numbers (MIDs) without assistance, and deliver active,
intelligent transaction routing.
Putting Partners First
The unified payments engine is a white label offering. Partners have
their brand displayed across all merchant customer points of engagement,
and can set their own pricing and business terms and conditions. Because
NMI is strictly a commerce enablement company, partners can rest assured
without fear of direct merchant competition. With more than 100 U.S. and
European EMV device certifications, 175 shopping cart integrations and
165 processor connections, partners have unmatched freedom and
flexibility to create solutions that fit the exact needs of their
merchants.
Parties interested in learning more about NMI’s unified commerce
enablement platform to gain new value and deliver superior merchant and
customer experiences are invited to visit the new NMI during the
upcoming Money20/20
conference in Las Vegas on Oct. 21 to 24 at booth 1837, or can email hello@nmi.com.
About NMI
NMI
is driving transformation in the payment industry through the power of
unified commerce enablement. By unifying every point of payment
engagement to deliver one view of the customer, NMI is enabling
thousands of ISOs, fintech innovators and technologists to finally break
free from today’s
payment crunch and unleash new sources of value to achieve
disruptive results. Processing more than $45 billion in payments a year,
NMI is the driving force behind more than 1,000 technology partners and
110,000 merchants across retail, transportation, hospitality, medical,
non-profit, parking, and vending verticals who are shifting to a new
unified commerce strategy to put their business first, gain new value
and deliver a superior merchant and consumer experiences. For more
information, please visit nmi.com
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Contacts
NMI
Lisa Puchalski, 847-352-4850 x151
Director of Marketing
marketing@nmi.com