Launch merchants in minutes with NMI’s Payment Facilitator Enablement Platform
Reduce merchant friction, seamlessly offer access to payment acceptance, increase recurring revenue and improve reporting with Payment Facilitation Enablement.
More and more businesses are coming to expect a quick and seamless onboarding process without all the underwriting headaches and wait times. Our full commerce enablement platform can deliver exactly that — a speedy and painless payment facilitation process that enables you to instantly create both a merchant account and platform account in a single step.
Our platform collects a few simple data points and communicates them to the processor in real time to create a sub-merchant account under the “master merchant” ID.
Know Your Customer (KYC) requirements are different for the payment facilitator model. Our platform provides all the tools necessary to manage them, including comprehensive reporting.
Set individual rates for sub-merchants and let the platform track the credit card processing and platform fees for each one.
Send consolidated statements that include merchant account and platform fees to all sub-merchants directly from the platform.
Our payment facilitator technology provides “gross settlement” statements that make reconciliation painless for sub-merchants.
You and your sub-merchants are kept in the loop on any chargeback activity.
Service merchants with traditional accounts? Our payment facilitator technology reporting is fully backwards compatible with any traditional merchants boarded on the platform.