Bristol business acquired by US tech company in major deal

Latest News | Mergers & Acquisitions | South West | Technology
NMI & Creditcall

Creditcall, an omni-channel payment gateway and EMV solutions provider, have announced that they have signed an agreement to be acquired by NMI, a leading provider of payments enablement technology.

Lars Pedersen, chief executive officer of Creditcall commented: “By combining our EMV technology and card-present expertise with NMI’s market-leading card-not-present white-label payment gateway platform, we will become a one-stop-shop for omni-channel solutions for our partners and customers.

“We are excited to join forces with NMI as our solutions are highly complementary and will create a unique payment technology company.”

The acquisition will bring together NMI’s nearly two decades of e-commerce and m-commerce expertise with Creditcall’s support for EMV chip card, swipe and contactless enabled payment devices.

It will also create the payment industry’s most versatile omni-channel payment gateway platform across North America and Europe.

With offices in Bristol and New York City, Creditcall has expanded over the past two decades from its core offering of payment functionality in parking, ticketing, transportation and vending and has moved into the world of retail and hospitality.

The addition of NMI’s Utah and Illinois offices will increase the total talent pool to more than 160 staff, providing support and payments solutions across multiple time zones and regions.

The combined company accounts for more than $45 billion of payment volume per annum, and customers and partners will benefit from more than 165 processor integrations and over 100 device certifications worldwide.

Roy Banks, chief executive officer of NMI said: “The payment technology requirements of today’s merchants are more complex than ever—they need to accept and process payments in all sales channels and environments.

“The need for a single vendor and platform that seamlessly integrates and simplifies the complexities of card-present and card-not-present payments has never been greater, and the combination of NMI and Creditcall will finally deliver a true omnichannel solution.”

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