Benefits of using an NMI merchant account
NMI, or Network Merchants Inc., is a payment gateway that allows businesses to process credit card payments online. It was founded in 2001 and is headquartered in Roselle, Illinois. NMI offers a range of payment processing services, including online payments, mobile payments, and recurring billing. They also provide fraud protection and chargeback management tools.
Benefits of using an NMI merchant account
One of the main benefits of using an NMI merchant account is its compatibility with a wide range of shopping carts and platforms, making it easy for businesses to integrate their payment processing system.
To set up an NMI merchant account, businesses need to go through an application process and provide relevant documents such as business licenses, bank statements, and tax identification numbers.
NMI also offers a variety of pricing plans, including a pay-as-you-go option and a monthly subscription plan, allowing businesses to choose the option that best fits their needs and budget.
Another advantage of using an NMI merchant account is their 24/7 customer support and technical assistance. They also provide training and resources to help businesses make the most of their payment processing system.
To get NMI Payment gateway, follow the steps below:
1. Visit the official website of NMI Payment gateway at www.nmi.com.
2. Look for the “Sign Up” or “Get Started” button on the homepage and click on it.
3. You will be directed to the registration page where you need to provide your personal information such as your name, email address, and business details.
4. Fill in the required information accurately and double-check for any errors.
5. Choose the desired payment plan that suits your business needs. NMI offers different pricing options, so select the one that aligns with your requirements.
6. Review the terms and conditions, as well as the pricing details, to ensure you understand and agree with them.
7. Once you are satisfied with the information provided, click on the “Submit” or “Create Account” button.
8. Wait for a confirmation email from NMI. This email will contain further instructions and may require additional documents or verification processes.
9. Follow the instructions provided in the confirmation email to complete the setup process.
10. Once your account is approved, you will be provided with a merchant ID and login credentials to access your NMI Payment gateway.
11. Log in to your NMI account using the provided credentials and navigate through the dashboard to configure your NMI payment gateway settings according to your business requirements.
12. Integrate the NMI Payment gateway into your website or application using the provided instructions and technical documentation.
13. Test the payment gateway to ensure it is functioning correctly by processing a few transactions using test credit card details provided by NMI.
14. Once you have successfully completed testing, switch to live mode by entering your business’s actual bank account details for real transactions.
15. Start accepting payments through the NMI Payment gateway on your website or application, offering a seamless and secure payment experience to your customers.
Remember to regularly update and maintain your NMI Payment gateway settings to ensure smooth transactions and secure payment processing for your business.
Conclusion
In terms of security, NMI is PCI-compliant and uses encryption and tokenization technology to protect sensitive customer information.
Overall, NMI is a reliable and versatile payment gateway option for businesses of all sizes, offering a range of services and features to help streamline their payment processing and increase efficiency.
