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NMI and Paysafe Collaborate to Expand Their Partners' Global Reach and Provide Better Business Opportunities

By CIOReview | Wednesday, October 31, 2018

NMI, a provider of payments enablement technology and Paysafe, a leading international payments provider announced a partnership which actuates NMI with Paysafe's global acquiring and processing reach. On the other hand, it deepens Paysafe's offering and integration through NMI's payment enablement technology. Together, both the companies have developed a customizable payment processing solution that provides a range of features and payment method acceptance to their partners and merchants based on their specific gateway and requirements.

NMI and Paysafe have worked together for more than a decade to deliver its independent software vendors (ISVs), independent sales organizations (ISOs), value-added resellers (VARs), and innovative payment processing solutions. The new collaboration allows partners using NMI gateway with hassle-free on-boarding experience and secure processing of debit and credit cards payments through Paysafe's supported platforms in the United States, Europe, Canada and Australia.

Paysafe is a prime member of Visa and Mastercard in Europe. This means that Paysafe can directly acquire and process Visa and Mastercard transactions all across the continent.  Further, this collaboration will benefit Paysafe customers by leveraging more than 150 NMI shopping cart integrations. Additionally, with NMI's strong U.S. distribution and multi-levelled hierarchal portfolio management capabilities, Paysafe can swiftly manage and onboard their merchant customers.

Roy Banks, CEO, NMI said, "Our core focus is on delivering value to our partners and taking away the headache of having to develop their own technology, and our partnership with Paysafe is based on this guiding principle. Paysafe is a very flexible partner, focused on providing customizable solutions for its partners and is also gateway agnostic, unlike other processors in this industry. It’s strong, relevant partnerships like this that make sense for us and enable us to deliver innovative solutions to our partners."