STRATEGIC PARTNERS
The company says its FACenablement offering saves payment facilitators the time and capital required to engineer a payment platform from the ground up.
December 9, 2015
NMI, a payments enablement technology company, has released FACenablement, a new, fully brandable payment facilitation gateway platform.
"FACe effectively negates any need for payment facilitators to build their own technology," NMI CEO Roy Banks said in a press release. "FACe saves payment facilitators the considerable time and capital required to engineer a payment platform from the ground up. Instead, they can leverage our platform's ready-to-deploy features and value-added services to accelerate go-to-market time frames."
FACe leverages NMI's brandable agnostic payment gateway and can accommodate both traditional and sub-merchant accounts. The platform includes solutions for sub-merchant management, including real-time onboarding; account management; KYC requirements and reporting; billing and accounting services; and statements and reconciliation reporting. NMI offers back-office technical support for both payment facilitators and their sub-merchants.
Following a soft launch, the product is now in wider commercial release, the company said.
