NMI Payment Gateway: All you Need to Know

 NMI payment gateway can be defined as an eCommerce payment gateway that is responsible for processing both online, which is a card-not-present transaction and card-present transaction. NMI stands for Network Merchants, Inc. It shouldn’t be surprising to find that its payment gateway services are among the top payment gateway providers. It is known that it has processed as many as 1.2 billion transactions. This groundbreaking statistic underlines the popularity of this particular payment gateway provider.

NMI payment gateway provider works in conjunction with many other banks and merchant account providers. It is extremely important to know everything about this payment gateway, its services, and many other related services before you plan to choose this payment gateway for your payment processing. Before we go on to explain some key details of the NMI payment gateway, it is crucial to get familiar with the NMI payment gateway features.

NMI Payment Gateway Features

Let us now take you through some of the most important NMI payment gateway features.

Accept all major credit cards

One of the amazing advantages of working with the NMI payment gateway is that you are given the option to choose all the major or popular credit card brands. Given below are some of the major credit card brands accepted by the NMI payment gateway.

• Visa
• Mastercard
• Discover
• American Express
• Diners club
• JCB

Accept multiple currencies

It is usually not the feature you would get in other payment gateway options. However, by working with the NMI payment gateway, you have the option to accept payments in multiple currencies.

Virtual terminal

If your business requires the processing of so many card-not-present transactions, then NMI virtual terminal comes in handy. A virtual terminal can not only be used to accept online payments but it also can be used to process cards, over the phone, or even through mail order.

Recurring billing

You can use the setup of the NMI payment gateway because it can be very useful if you provide any kind of shipment service or subscription service of any nature.

QuickClick Shopping Cart

You get the option to use NMI’s proprietary QuickClick Shopping Cart solution. This can be very useful if you need an eCommerce component. It can be easily integrated which helps you to start your online payment processing quickly.

Multiple MIDs

If your business requires you to switch between different merchant accounts, then the NMI payment gateway gives you the option to use one physical terminal with more than one merchant Id.

Payer Authentication

While working with the NMI payment gateway you can be sure that nothing goes wrong with your payment processing and it provides strong protection to the data of customers entering credit card details as well. Therefore, it validates the person who enters the credit card details is the legal owner to ensure that your customers are safe from unauthorized transactions.

Fraud Prevention

NMI Payment Gateway harbors something very unique when it comes to fraud prevention and protection. It has one amazing tool known as iSpyFraud. The role of this tool is to filter out suspicious transactions.

Application for In-store payment processing

NMI payment gateway renders important service in the brick-and-mortar store as well. They offer a robust swipe POS app.

Accept Electronic Checks

When you choose to work with the NMI payment gateway you can accept and also process payments that are done with electronic checks.

Third-party integrations

NMI offers a wide range of third-party integrations. It also includes Quickbooks Plug-In that can create accounting entries.

Additional Features Explained

· A Virtual Terminal helps merchants to process transactions anywhere around the globe from web-enabled devices. The Virtual Terminal supports different payment methods such as ACH, credit cards, and debit cards.

· The Customer Vault – It is designed to make sure that all the payment information of customer transactions is secure.

· CertifyPCI — It is a web-based tool that can be used by the merchants to ensure they are complying with the PCI requirements.