New card acceptance solutions for EU & UK retailers through latest NMI partnerships
NMI has recently strengthened its technical and commercial partnerships with Credorax and BBPOS.
Credorax, the Tel Aviv based merchant acquiring bank is one of the first technology companies with a European banking license and worldwide processing capabilities, and will provide its acquiring services to retail merchants using NMI gateway technology. NMI has certified BBPOS’s mPOS and stand-alone card readers, the WisePad 2 and WisePad 2 Plus, to Credorax, enabling deployments of this device range for the first time in Europe. Credorax will provide the solution to merchants via ISOs and ISVs across Europe.
Using WiFi or GPRS, the WisePad 2 serves as a standalone mPOS device, yet it can also be used with NMI’s ChipDNA Mobile SDK for thericherfunctionality of an integrated mobile solution. Payment cards are still the fastest growing cashless payment instrument in the EU, and merchants’ need for a reliable, secure and frictionless payment transaction is taking centrestage.
Europe’s payments landscape is gearing up to widespread change with the introduction of new requirements for authenticating online payments, known as SCA, gradually coming into play starting September 2019. Contactless mPOS devices, like BBPOS’ WisePad 2 and WisePad 2 Plus are critical to the maintaining the EU’s strong payments ecosystem and supporting merchants worldwide.
NMI is driving transformation in the payment industry through the power of unified commerce enablement. By unifying every point of payment to deliver one view of the customer, NMI is enabling thousands of ISVs, ISOs and fintech innovators to finally break free from today’s payment crunch and unleash new sources of value to achieve disruptive results. Processing more than $50 billion in payments a year, NMI is the driving force behind more than 1,250 technology partners and 130,000 merchants across retail, transportation, hospitality, medical, non-profit, parking, and vending verticals who are shifting to a new unified commerce strategy to put their business first, gain new value and deliver a superior merchant and consumer experiences.