NMI Unveils Game-Changing Tap to Pay Solution for Android Devices
NMI, a leading provider of embedded payments infrastructure based in Illinois, has recently launched its innovative Tap to Pay solution on the Google Play Store. This new service enhances the way businesses manage payments, making accepting contactless transactions easier than ever.
Overview of NMI’s Tap to Pay Solution
In a strategic partnership with Mastercard, NMI is proud to introduce a cloud-based acceptance solution that revolutionizes payment processing. This groundbreaking technology stands out as the first in the United States to offer Cloud Commerce, a software-driven system that allows eligible Android devices to accept contactless payments without the need for additional hardware or complex setup.
Why Cloud Commerce is Essential for Businesses
With projections indicating that nearly 50% of US businesses will adopt software point-of-sale (SoftPOS) systems by 2030, the demand for cost-effective and flexible payment solutions is skyrocketing. Here are some key advantages of NMI’s Tap to Pay service:
- Direct Transactions: Process payments seamlessly on Android smartphones or tablets.
- Eliminate Hardware Costs: No need for traditional point-of-sale equipment.
- Versatile Applications: Ideal for retail, transportation, events, and mobile services where speed and convenience are crucial.
Getting Started with Tap to Pay
The Cloud Commerce app is available for download on Google Play. Users can easily log in using their NMI Gateway credentials and start accepting payments immediately. This streamlined process emphasizes accessibility and efficiency for merchants.
Expert Insights
Tiffany Johnson, Chief Product Officer at NMI, shared her thoughts on the launch: “By simply downloading the Mastercard Cloud Commerce app and connecting to the NMI Gateway, they can start processing payments quickly and securely. As consumers seek simpler payment methods and small or seasonal merchants want to avoid costly hardware, it is important for our partners to be able to offer economical and frictionless payment acceptance options.”
Jennifer Marriner, Executive Vice President, Global Acceptance Solutions at Mastercard, also highlighted the significance of this advancement: “As digital solutions evolve, it’s critical to equip the business owners that power commerce with a checkout experience that is fast, secure, and user-friendly. By combining NMI’s comprehensive payment solutions with our Cloud Commerce technology, we’re streamlining the process for merchants to not only offer greater choice to their customers but also modernize physical and digital acceptance.”
Conclusion
NMI’s Tap to Pay solution represents a significant leap forward in payment technology, making it easier for businesses to adapt to changing consumer preferences. As more merchants turn to software-based payment systems, the combination of NMI and Mastercard’s innovations will pave the way for a new standard in contactless transactions.
For further information on effective payment solutions, visit NMI’s official site at NMI.com.