Merchant Relationship Management - NMI (2024)

Merchant Relationship Management - NMI (1)

For the Entire Merchant Life Cycle

Find, underwrite, onboard and support your merchants throughout their entire life cycle. Our unified underwriting and merchant services CRM tool provides everything you need to streamline, save time and monetize while making the most of every customer interaction—from initial outreach to ongoing partnership.

Taking Care of Business & People

Enhancing the Merchant
Onboarding Experience

Designed for swift underwriting, forecasting and onboarding in minutes, our Merchant Relationship Management solution enhances the merchant acquisition process and reduces churn by always re-centering on the people behind the payments.

Merchant Relationship Management - NMI (2)

Merchant
Central

Use our advanced CRM tools to get more from your sales funnel, close merchants faster, speed up time-to-processing and outcompete the field—all from a single, centralized point of control.

Merchant Relationship Management - NMI (3) Lead Management

Empowers you to keep the top of your funnel full and to turn more leads into signed merchants.

Merchant Relationship Management - NMI (4) Marketing Automation

Collects, categorizes and captures the right data to pull in more leads, and prioritize the best ones.

Merchant Relationship Management - NMI (5) Merchant Onboarding

Onboard merchants accurately in minutes with auto-populated applications—just review and submit.

Merchant Relationship Management - NMI (6) Residuals Calculation

Save time, avoid manual effort and increase accuracy with a universal reporting dashboard and automatic residuals calculation.

Merchant Relationship Management - NMI (7) Power Dialer

Contact more prospects while improving sales call preparation, quality and customer database syncing.

Merchant Relationship Management - NMI (8)

Underwriting

Reduce ongoing risk with automated underwriting that offers unparalleled speed and consistency, as well as decreased time-to-processing.

Merchant Relationship Management - NMI (9) ScanX

Performs risk assessments with 100+ checks and a risk-scored report in only a matter of minutes.

Merchant Relationship Management - NMI (10) MonitorX

Automatically monitors ongoing, changing merchant risk to ensure correct pricing and risk-management strategies.

Key Benefits of NMI’s Merchant Relationship Management

An Efficient
Experience
for Everyone

Facilitating instant merchant onboarding and management, all while optimizing for operational efficiency.

Minimized Friction

Faster underwriting equals faster onboarding, and streamlining the process reduces “not in good order” applications by as much as 30%.

The Automation Advantage

It’s consistent, thorough and lightning-fast, and means less work (and fewer headaches) for your team.

More Merchants, Less Churn

By streamlining and improving service and support, resolutions are reached faster and merchants stay “stickier.”

Your Catalyst for Growth in Embedded Payments

Resources & Insights

Merchant Relationship Management - NMI (2024)

FAQs

What is the NMI response code 100? ›

a 100 code = successful transaction. any 200 series codes (2xx) = Cardholder Issuing Bank errors. a 300 code = Gateway decline - merchant will receive a REFID (Reference ID) along with an error message.

What does NMI stand for in credit card processing? ›

Network Merchants Inc. or NMI provides a payment gateway for high-risk merchants who need help collecting credit card payments. NMI payment gateway provides a flexible and customizable approach to handling payment data.

Can you make money selling credit card processing? ›

If done correctly, payment processing reselling can generate significant passive income for resellers. However, you must understand the industry and how the resale process works to build a successful career selling merchant services.

What is error code 410 on NMI? ›

This error occurs when the settings and API keys used to setup your payment gateway integration are incorrect or have become invalid and can no longer be used. This can also occur if there is an issue with the configuration with your processor.

What does status code 100 mean? ›

The 100 Continue status code means that the initial part of the request has been received by the server and that the client should proceed with the request or ignore the response if the request has already finished.

What is NMI code 200? ›

If a credit card submission declines with a 200 DECLINE error code, this is Network Merchant code for "Transaction was Declined by Processor".

How do I get my NMI? ›

The NMI, or National Meter Identifier, is a unique number for your home or business. You'll find the NMI on the electricity bill for that property. The NMI may be on the front of the first or second page of your bill. The NMI is eleven digits.

Is NMI a payment processor? ›

NMI offers a broad range of payment devices for all industry verticals and applications. Our mobile, fixed and unattended options are all certified with leading processors. These devices are ideal for high-volume retail operations that need advanced features like signature capture and multimedia advertising displays.

Is NMI a payment gateway or processor? ›

Accept payments online securely, seamlessly and reliably with NMI's feature-rich payment gateway integrations. Enable it in your tech, or for your merchants, to empower organizations of all sizes to facilitate easy transactions with features designed to help everyone grow their business.

How much do card processors make? ›

Credit Card Processor Salary
Annual SalaryHourly Wage
Top Earners$75,000$36
75th Percentile$44,500$21
Average$42,279$20
25th Percentile$34,000$16

How much do credit card processors make per transaction? ›

The typical fee for credit card processing ranges from 1.5% to 3.5% of the total transaction.

How to get clients for merchant processing? ›

7 Ways to Increase Your Merchant Services Sales
  1. Create (and Stick to) a Daily Schedule. ...
  2. Take Advantage of Social Media. ...
  3. Leverage Your Existing Network. ...
  4. Ask for Client Referrals. ...
  5. Create a Decision Point. ...
  6. Tip the Odds in Your Favor. ...
  7. Chase Knowledge and Stay Curious.

What is NMI error? ›

In computing, a non-maskable interrupt (NMI) is a hardware interrupt that standard interrupt-masking techniques in the system cannot ignore. It typically occurs to signal attention for non-recoverable hardware errors. Some NMIs may be masked, but only by using proprietary methods specific to the particular NMI.

What is NMI response code 253? ›

The bank's fraud rules blocked the transaction. The customer will need to call their issuing bank for more information.

What does NMI error mean? ›

NMI or Non-Maskable Interrupt is a type of blue screen error that usually occurs in Windows 10/11 due to a hardware failure. The NMI HARDWARE FAILURE BSOD generates an error code of NMI_HARDWARE_FAILURE with a stop code of 0x00000080.

What is processor response code 100? ›

Code '100' indicates that a transaction did not succeed for some reason. Code '109' indicates the transaction previously succeeded. Code values of '300' or higher are Issuer/Association Declines. Code values in the '200' series are Rejects.

What is response code 100 to 199? ›

100-199: Informational Status Codes

Indicates that an initial part of the request was received and the client should continue. After sending this, the server must respond after receiving the request.

Top Articles
Latest Posts
Article information

Author: Prof. An Powlowski

Last Updated:

Views: 6042

Rating: 4.3 / 5 (64 voted)

Reviews: 95% of readers found this page helpful

Author information

Name: Prof. An Powlowski

Birthday: 1992-09-29

Address: Apt. 994 8891 Orval Hill, Brittnyburgh, AZ 41023-0398

Phone: +26417467956738

Job: District Marketing Strategist

Hobby: Embroidery, Bodybuilding, Motor sports, Amateur radio, Wood carving, Whittling, Air sports

Introduction: My name is Prof. An Powlowski, I am a charming, helpful, attractive, good, graceful, thoughtful, vast person who loves writing and wants to share my knowledge and understanding with you.