What is nmi payment gateway?

High-risk merchants will need extra support in preventing dangerous transactions that might trigger chargebacks. NMI uses a protective payment system that immediately validates card transactions. It reviews card data in a network and compares it with various databases, including address info and banking data. It also reviews the value of the transaction versus other deals a business regularly collects.

NMI provides a full analysis of whatever payments people submit to ensure everything is secure. NMI reduces the risk of chargebacks through its extensive analysis process.

One popular part of NMI is its general flexibility. It can support whatever platform a high-risk retailer might have when collecting its payments.

The NMI payment gateway can support various shopping carts. These include the 3dcart, Magento, osCommerce, Limelight, and InfusionSoft carts and software platforms.

NMI can also support various CMS options that businesses use when producing their websites. These include the Joomla, WordPress, and Drupal systems. NMI promotes full flexibility when helping clients get their payment gateways up and running.

NMI has software engineers that are always finding new integration solutions for businesses to support. Businesses can contact NMI for further details on whether they can use the gateway with their current systems.

NMI also works with QuickBooks integration through its SyncPay plug-in, making accounting efforts easy. The plug-in connects the customer database with one’s QuickBooks account to ensure full support and protection.

NMI also uses many APIs that can handle many custom integrations. NMI’s APIs can support all major programming languages, including Java and PHP. A retailer can request an API in a specific language as necessary. NMI’s customer service team will forward the request to the programming department, who will then produce a new API surrounding whatever system one wishes to plan. The layout provides full control over a business’ experience, as it is easier for the system to work in the right form.

NMI uses a PCI-compliant customer vault system that stores all secure payment info in a separate encrypted space. A business can secure card numbers, shipping addresses, routing numbers, and other sensitive details in a separate virtual vault. The data can be called upon through a virtual terminal as necessary. The terminal will only access the data in the vault when the business calls upon that content.

The vault will also save customer data and reload it when the proper customer logs in and accesses one’s work later. The vault reduces checkout time and simplifies the process, encouraging customers to return to the website later.

Businesses are always looking for new ways to handle mobile payments. NMI provides support for all mobile processing functions, including for handling keyed and swiped transactions on Android and Apple devices. NMI can work with any mobile collection platform and can accept digital signatures, tip data, and refunds. The system works on all major Wi-Fi and cellular networks, plus it ensures full encryption of all data while online.

One of NMI’s most popular features is its iSpyFraud system. This rule-based transaction analysis program will block transactions that trigger any set rules. These include rules surrounding payment values, frequency, address data, and other factors. A retailer can configure the iSpyFraud system to include as many rules as one wishes. The system produces a more predictable system for handling data.

iSpyFraud includes multiple control parameters for businesses to utilize. It can ban specific users by country, username, IP address, or credit card number. It can also flag customers based on how many transactions they complete.

An exception section also works in this setup. The page lets users make exceptions for legitimate users. The business can include many users if they are safe ones people can trust. The design ensures full protection over the data without risking possible harm when managing the content.

Every high-risk retailer needs support from a thorough customer service department that understands what a business requires. NMI offers a full customer service group that will answer whatever questions businesses have at any time. The team features more than 180 experts available by phone and email to help review the gateway and technical support needs people hold.

NMI is available to help retailers start their gateways in less time. NMI can prepare new gateways for high-risk retailers in about 48 hours on average. The group will work with any business regardless of whatever concerns it has developed, including ones that might have experienced excess chargebacks or fraudulent issues.

NMI will review a business’ website and current shopping cart platform. It can also check how the company collects payments and what mobile systems it manages. NMI can then produce a thorough gateway interface that interacts with the current platform the retailer uses. The odds are NMI will have a solution that fits whatever needs the retailer has for operation.

Network Merchants, Inc. (NMI) is a payment solution that offers an e-commerce payment gateway to support both online and card-present (retail) merchants. NMI is available for companies based in the USA, though it facilitates payments worldwide.

Aheadworks NMI Payments for Magento 2 enables a one-click payment service by Network Merchants, Inc within a Magento 2 store. The extension adds an independent checkout option to a store, which helps shoppers enjoy seamless NMI payment experience with no redirects.

Furthermore, the extension supports shipping to multiple addresses as per an NMI transaction, using NMI when concluding orders on the backend, testing the payment in the Sandbox environment and saving previously used credit card data with the help of Magento Vault.

To employ the NMI for Magento 2 on your store, it is suggested you create a merchant account with Network Merchants, Inc and receive API credentials. With regard to the requirements set, NMI fees and rates may vary noticeably hitting the average monthly fee of about $10.00 and a transaction fee of $0.10. It is best you visit the NMI official web-page for details or contact them directly to find the solution that fits your needs best.

Let shoppers enjoy seamless online payment experience with no redirects, using their native currency and with any card.

Take the stress out of payments with the enhanced security of both data transfer protocols and module code execution. No data is stored on Magento or our servers, but those of the NMI.

Let customers experience familiar Magento checkout so that they spend little to no time on filling-in the fields.

Integrate the module easily into your Magento 2 store to revel in the many benefits of flawless compatibility. The Sandbox and Production environments allow either to set the gateway into operation or test it, no harm to the ongoing payments.

Help customers avoid re-entering manually credit card data each time they are at checkout. The Vault helps reduce the checkout time noticeably and thereby stimulates customers for further purchases.

Act customer-focused - specify the geography where the NMI payment method is appropriate, to cut short the list of available payment methods and save shoppers time on choosing the best one.

Know your customers, and when you do, use NMI creating orders from backend. Altogether, this is how a customer-centered approach works.

Let your customers ship cart items to different addresses with one order instead of forcing them to place multiple orders. This is especially useful during the holiday-times when shoppers purchase presents for their friends and relatives.

Connect your NMI account seamlessly, decide on a payment action, debugging, the order in the list of payments at the checkout and tweak other settings.

It is important to stress the enhanced security of both data transfer protocols and module code execution. NMI Payments for Magento 2 meets the SAQ A PCI DSS level. The extension ensures that only tokens are saved on your store server. No sensitive payment information is stored on your, our or Magento servers. Your billing data remains secure on the encrypted NMI servers.

The module allows opting for one of the two environments, Sandbox or Production, for the use of the NMI payment. The Sandbox provides a shielded space for testing where you can initiate and watch while your app's process NMI API requests without touching any live NMI accounts. With this point in view, a switchable Debug function is also available in the config. To set the Sandbox in to use the API username, password and a tokenization key will be required. Using API as a synchronization source, the module transfers payment-card data fast and without loss.

Next, the NMI Payment for Magento 2 offers merchants to decide on the use of native Magento Vault, which stores payment information. It will help the customer do instant purchases if the Instant Purchase option is enabled on the backend.

Finally, merchants are able to restrict the use of NMI against the countries of origin of their customers. Fewer options at the checkout may well save shoppers time and prove enjoyable customer-focused experience.

The ultimate function of the NMI Payments for Magento 2 extension is to enable the NMI payment at checkout affecting no native NMI feature as per a merchant’s service level plan. When the NMI payment is enabled it will appear on the list of payment methods at checkout.

On the choice of the NMI payment method, customers will be shown the familiar Magento 2 checkout fields, which effectively isolate customer’s billing data and prevent third-party penetration of malicious intent. Should Magento Vault be enabled for the NMI payment, there will be shown saved credit cards related to the payment method. Magento does not store any private credit card details. It only stores the data received from the payment provider: payment processor token and credit card details without sensitive data. This information is stored in the Payment Token.

On entering the credit card data into the checkout fields, customers will be able to save these details for later use (with the help of the Vault) or/and process the payment. API methodology is used to transfer this data to the NMI. API is realized in three steps:

On successful completion of the transaction, a success page will be shown to the customer and transaction details will get stored on the customer’s server, within the store order tables. On error, the buyer will be shown the error message and will be kept on the checkout page so that they can make the necessary changes and try again.

Furthermore, the extension allows customers to ship to multiple shipping addresses per NMI transaction. No special forms or actions have been added to the native Magento 2 functionality on the frontend to make the above use possible, but for the internal integration nuances of the module into the platform.

Lastly, the NMI payment option is also available to Store Admins for processing backend orders.

Aheadworks NMI for Magento 2 tops-up the bank of payment gateways and thereby helps make a further step towards a unified customer experience with the NMI payment gateway across the numerous channels of commerce.

Gain and consolidate the loyalty of your customers with the following assets of Aheadworks NMI for Magento 2:

Network Merchants, Inc., or NMI, is a payment gateway service that provides processing for high risk merchant accounts. It has a high level of customization and allows users to pay using many methods. Moreover, NMI processes billions of dollars in payments each year, making it one of the largest gateways worldwide.