NMI, a leading payments enablement technology company, today announced the launch of ChipDNA Cloud, an API that simplifies EMV and contactless payments integration for independent software vendors (ISVs), independent sales organizations (ISOs), and merchants. ChipDNA Cloud, the newest addition to the ChipDNA payments technology stack, is designed to serve industries that require seamless card-present payments, including healthcare, dental, retail, and more.
For decades, integrating with payment devices required the use of SDKs and device drivers that have to be downloaded on local machines. They were cumbersome for developers, and time-consuming for local IT teams and small businesses. For cloud-based solution providers, these SDKs were counterintuitive to the “no software” SaaS industry. ChipDNA Cloud was designed to eliminate these integration complexities by reducing these SDKs into a single API, ultimately easing the integration of card-present payments and reducing the development resources needed so partners can monetize their payments faster.
ChipDNA Cloud transforms any web-connected device, whether desktop, tablet, Android, or iOS, into a cloud point-of-sale solution – instantly modernizing older solutions to help merchants remain competitive in changing markets that prioritize EMV and contactless payments. The platform-agnostic API eliminates the need to download individual SDKs or device updates, simplifying compliance with strict regulations, like PCI-DSS and HIPAA.
“In the race to deliver safe and speedy checkout experiences as we recover from COVID, many merchants will need to overhaul their payment device strategy to support contactless card reads,” said Jennifer Sherman, SVP of Product at NMI. “For many software solution providers that means new integrations, new SDKs, new drivers, and new hassles. ChipDNA Cloud removes the complexities of EMV and contactless integrations for ISVs and ISOs, allowing them to deliver a range of secure, in-person payment options to merchants who are hungry for choices as they continue facing decisions that will impact their business continuity.”
Whether ISVs are working to enhance merchants’ new or existing business models, ChipDNA Cloud can be used to build an all-in-one omnichannel payments solution or reinforce e-commerce solutions with card-present options into retail spaces with minimum development efforts. ChipDNA Cloud is also available as an off-the-shelf solution, which allows ISOs to start processing payments instantly without using a single line of code.
“There’s typically some development effort ISV merchants need to complete before they can move forward with the integration,” said Steve Staden, SVP of Product at Wind River Financial. “NMI’s ChipDNA Cloud made it easy for our clients to make that move by delivering the EMV cloud solution that they’ve been asking for. It eliminated the need for software installs on every terminal that were previously required with SDKs.”
“ChipDNA Cloud is anticipated to remove 80% of the issues that historically complicated the EMV payment implementation for our ISV clients," David Anderson, CEO, Preferred Payments. “We’re very excited to be partnering with NMI on integrating this game-changing technology into our card-present solution.”
The API is currently available with EMV and contactless Ingenico devices, Lane 3000, 5000, and 7000, and certified on TSYS, with other major processors coming in Q4.
For more information on ChipDNA Cloud and the full ChipDNA payments technology stack, visit: https://www.nmi.com/chipdna-cloud
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 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 1,250 technology partners and 130,000 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.