Vericheck Announces Payment Gateway Partnership With Nmi

ATLANTA - July 9, 2019 - PRLog -- VeriCheck, Inc. (VCI), an ACH payment processing company that specializes in building custom solutions to streamline business operations, today announces its partnership with NMI, one of the largest payment gateways in the United States. In this engagement, VCI will be able to offer its independent sales organizations (ISO) and merchant clients another option of highly customizable gateway, and appeal to a greater number of subscribers.

"This is an exciting time at VCI. We have been working hard to see the vision of our partnership with a gateway like NMI come to life," said Shahzad Khan, EVP, Chief Growth and Strategy Officer of Commercial Bank of California, the parent company of VeriCheck, Inc. "We can now offer our clients more choices for seamless integration, industry-leading support and one of the most widely used payment gateways in the nation."

In this partnership, NMI, who provides ISOs, fintech innovators and tech companies access to the latest payment technology, will support VCI's growing client base with multiple MID functionality, tokenization, fraud prevention, batch uploading, virtual terminals, and improved invoicing, shopping cart, and product management capabilities.

"VeriCheck and its client base is faced with an overwhelming number of disparate options in the current payment landscape. This leaves many with disconnected solutions and managing compounding complexity, all while putting businesses at risk of being left behind," said Vijay Sondhi (https://www.nmi.com/about), CEO of NMI. "That is why we developed a unified commerce strategy (https://www.nmi.com/why-nmi) to help our clients stay ahead of the curve in this new era of payment processing."

VCI's partnership with NMI will provide invaluable benefits to both ISOs and merchants, and open up an opportunity for new revenue streams for VCI. Both company's solutions are compatible with a variety of industry types across a broad range of risk profiles. VCI will continue to work closely with NMI to identify methods to optimize performance and minimize risk, resulting in higher customer satisfaction and increased earnings.

"NMI is the preferred gateway for ISOs and ISVs, and we were getting a lot of requests to offer it," said Khan (https://www.cbcal.com/who-we-are/executive-management-team/shahzad-khan), EVP, Chief Growth and Strategy Officer of Commercial Bank of California (https://www.cbcal.com/), the parent company of VeriCheck, Inc. "We can now offer our clients more choices for . "Our goal is to always be flexible and customizable so we can offer our partners and clients the tools they need and want."

NMI processes more than $50 billion per year and works with 130,000 merchants. VCI's leading ACH platform is now integrated with NMI's platform, and VCI's merchant clients will be able to leverage NMI's gateway, for a more comprehensive payments program to support and protect their businesses. Similarly, VCI's ISO partners will now be able to resell NMI's platform to their clients.

"VCI and NMI's company culture and philosophy aligns with one another, and we look forward to making a positive impact on our partner and clients' experience through our new partnership," said Khan. "We are also grateful for our partners at Payscape, who helped make this new relationship a reality."

About VeriCheck, Inc.

VeriCheck, Inc. is a secure, all-in-one payment processing solution for any size business. Whether you're processing at the point of sale, through your website, via fax, email, or even over the phone, VeriCheck helps businesses safely accept payments and manage transactions. By giving you tools to handle all aspects of the payment process, VeriCheck simplifies what can otherwise be a frustrating part of your business operation, while saving you time, money, and resources. For more information, visit https://www.vericheck.com/

About NMI

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 (https://www.nmi.com/why-nmi) 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 1,200 technology partners and 127,000 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. For more information, please visit https://www.nmi.com.