Financial News
NMI Surpasses 10 Billion Transactions, Underscoring its Scale and Leadership in Embedded Payments
NMI®, a global leader in embedded payments infrastructure, celebrates processing its 10 billionth transaction, a significant milestone that underscores NMI’s scale, impact, and sustained innovation in the payments ecosystem.
Over two decades, NMI has grown into a vital force behind countless transactions, touching every corner of our daily lives. With over $225 billion in annual payment volumes, NMI’s payment infrastructure supports more than 4,000 partners and their merchants – from family-owned shops to innovative software platforms. Reaching 10 billion transactions is not just a number; it’s a story of connection, trust, and impact.
Vijay Sondhi, CEO of NMI said:
“NMI is much more than a payments provider; we’re the invisible hand behind the millions of transactions that connect people with the businesses they rely on every day, from local retailers to digital payments inside software platforms. I’m immensely proud of our 10 billionth transaction. It’s a huge achievement that reflects the confidence of our partners, and the dedication of our people, reaffirming our mission to empower frictionless, secure payment experiences that drive business growth across the entire ecosystem. Together with our partners, we’re paving the way to an even more ambitious future – one where our long-term goal is to reach $1 trillion in volume and support over one million merchants on behalf of our partners.”
NMI empowers its partners to deliver seamless, modular payment solutions that support small and medium-sized businesses to scale and grow on their own terms—without the limitations of a monolithic payment system. Unmatched flexibility opens unprecedented opportunities for partners and their merchants. With access to 200+ payment processors, 125+ shopping carts, and a wide array of payment devices, NMI partners will process over $2 million in payments in the time it takes to read this announcement. Flexible API integration, white-label options, robust security, and the ability to monetize revenue from the first transaction, along with effortless acquiring, onboarding, and managing merchants are what sets NMI apart. This diversity reinforces NMI’s position as a leader in embedded payments infrastructure, enabling its partners to deliver frictionless payment experiences wherever and however consumers choose to transact.
About NMI
NMI is a global leader in embedded payments, powering more than $225+ billion in payment volumes every year. From our industry-leading payment gateway technology to our seamless merchant underwriting, acquiring, onboarding, and management platform, we enable our partners across the entire payments ecosystem. We help our partners deliver frictionless payment solutions to their customers, offering modularity, flexibility, and choice, wherever and however consumers want to pay – online, in-store, in-app, mobile, and unattended. And we’re constantly innovating, empowering ISOs, software vendors, and payment professionals as they embrace the future of fintech. Learn more at www.nmi.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20241114817821/en/
Contacts
Audrey Surette (for NMI)
nmi@pancomm.com
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