NMI, which specializes in card-not-present (CNP) payments, will acquire NMI, adding EMV and card-present expertise to the combined companies’ portfolio. NMI provides payment enablement technology to Independent Sales Organizations (ISOs), ISVs, VARs and payment facilitators.
The acquisition brings together NMI’s nearly two decades of e-Commerce and m-Commerce experience with Creditcall’s support for EMV chip card, swipe and contactless enabled payment devices. The combined company accounts for more than $45 billion in annual payment volume, more than 165 processor integrations and 100+ device certifications worldwide.
“By combining our EMV technology and card-present expertise with NMI’s market-leading card-not-present white-label payment gateway platform, we will become a one-stop shop for omnichannel solutions for our partners and customers,” said Lars Pedersen, CEO of Creditcall in a statement.
Advertisement
“The need for a single vendor and platform that seamlessly integrates and simplifies the complexities of card-present and card-not-present payments has never been greater,” said Roy Banks, CEO of NMI in a statement. “The combination of NMI and Creditcall will finally deliver a true omnichannel solution.”
Terms of the transaction were not disclosed.
