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NMI Launches Embeddable Suite to Help Platforms and AI Agents Add Payments and Grow Revenue

NMI

NMI has launched its new Embeddable Components Suite to help software platforms make embedded payments easier. The low-code suite enables platforms to embed payment capabilities directly into their products. The new offering includes branded payment acceptance, transaction history and reporting of deposits. This means platforms can build a seamless payment experience without having to build payment infrastructure from scratch. 

NMI, a global leader in embedded payments infrastructure, announced the new suite in New York. The company designed the offering around the needs of modern software platforms. The Embeddable Components Suite includes three core components. These components cover payments, transaction history, and deposit history.

Together, they help software platforms deliver a fully branded payment experience. Customers can also access payment details without leaving the platform’s product environment. This approach removes the need to redirect customers to third-party payment portals. It also helps platforms maintain greater control over the overall customer journey.

Luis Alfredo Peña Pérez, Director, Product Management at NMI, said:“Software platforms want to offer payments as part of their own product experience, but many do not have the time, resources or payments expertise to build everything themselves. Our embeddable component suite gives them a faster way to launch, maintain brand control and create a clear path to payment revenue.”

Flexible Integration Options for Software Platforms

The suite is available through NMI’s integration portal. It forms part of a broader integration framework from NMI. The framework provides platforms with several implementation options. Teams can select no-code hosted solutions, low-code components, or full API control.

In addition, the integration portal provides developer documentation and a free sandbox. It also includes use case guides and interactive pricing tools. Guided tools help development teams identify the most suitable integration approach. Meanwhile, an AI-ready README makes NMI documentation easier for AI agents to access and use.

The new suite also showcases NMI’s approach to embedded payments reporting. Most payment providers focus mainly on the checkout experience. NMI, however, builds on that experience by also offering transaction history and deposit reporting. These features can be integrated into the existing user interfaces of the platforms.

Customers can see important payment details, without having to log into a separate portal. They can see the amount paid and the date of each transaction. They also know when the money is going to come in. Therefore, platforms can provide customers with a more complete payment experience. 

Low-Code Tools Support Faster Payment Integration

Developers are able to install NMI components and customize the look. NMI’s component studio lets you customize the look and feel. Teams can then start testing through NMI’s free sandbox. This allows developers a practical way to evaluate the components before deployment. Moreover, platforms do not have to implement all components at once. They can start with one piece and build out their setup over time. 

How they are integrated can change as the platforms change. They can move from hosted options to low-code components or full APIs. That flexibility can help software companies to scale their payment capabilities. It also enables development teams to opt for an approach that best suits their resources. Embedded payments improve the customer experience for software platforms. They can also reduce questions about payment support. 

At the same time, platforms can earn a share of payment revenue. NMI manages the underlying payment complexity on behalf of platform teams. That responsibility includes underwriting, compliance, fraud prevention, risk management, and processing. This allows software teams to focus more closely on their own products. Now platforms have another way to add payment functionality, using the Embeddable Components Suite. It blends low-code implementation and branded customer experiences and reporting.

With demand for embedded payments continuing to rise, payment integration is still important for software platforms. NMI’s newest offering is designed to speed and simplify that process. The company is selling the suite as a pragmatic way for platforms to add payment capabilities. And it provides platforms with the space to develop their payment infrastructure as their needs develop. 

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News Source: Businesswire.com