NMI Unveils Unified Payments Engine to Enable New Era of Commerce
ROSELLE, Ill., Oct. 16, 2018 (BUSINESS WIRE) – 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,”— Vijay Sondhi, CEO of NMI
“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. 21-24 at booth 1837 or can email firstname.lastname@example.org.
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 or follow us on Twitter, LinkedIn,Instagram and Facebook.