NMI vs Rapyd
NMI
nmi.com
Rapyd
rapyd.netSide by side
| Figure | NMI | Rapyd |
|---|---|---|
| Price from | — | $99/mo |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | Yes | — |
| Linux | Yes | — |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 0 | 2 |
| Spec score · Embedded Payments Platforms | 7.7 (#11) | 7.6 (#13) |
| Founded | 2001 | 2016 |
| Payment methods | The Payment Component captures card, ACH, Apple Pay, and Google Pay details for processing through the NMI REST API. | Rapyd says its network connects local payment and payout methods across 182 markets. |
| Security | NMI says it has maintained PCI DSS Level 1 certification since 2005 and undergoes annual independent security assessments. | Rapyd says it has PCI-DSS Level 1 certification and a SOC 2 Type II report. |
| Support | NMI provides a support portal for answers and support requests, with sales inquiries handled separately by its sales team. | Rapyd’s product pages direct prospective customers to contact its global payments team for service information and pricing. |
| What it does | NMI provides an embedded payments platform with payment gateway, merchant onboarding, underwriting, and management tools. | Rapyd describes itself as a fintech platform for accepting global payments, sending payouts and embedding financial services. |
Plans
In their own words
NMI
NMI provides an embedded payments platform for accepting and managing payments online, in stores, on mobile devices, and through self-service channels. Its gateway supports recurring billing, batch processing, webhooks, QR code payment links, transaction routing, and a virtual terminal. Checkout options include a customizable Payment Component, hosted payment pages, and a REST API. The Payment Component tokenizes payment details in the browser so sensitive data does not reach the integrator's servers. Supported methods include major card brands, Apple Pay, Google Pay, EMV, and contactless payments; currency availability beyond USD and CAD depends on the processor. NMI describes its customers as ISOs, software companies, and payment facilitators. Merchants generally work through a certified reseller or ISO that configures the gateway and handles the account. Partners can brand the gateway and portals, while Merchant Central combines CRM and underwriting tools for merchant onboarding and lifecycle management. Developer resources include web APIs, hosted pages, and SDKs for iOS, Android, Windows, and Linux. NMI says it has maintained PCI DSS Level 1 certification since 2005 and undergoes annual independent assessments. Pricing is available on request.