NMI Payment Gateway vs. PaySimple

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
NMI Payment Gateway
Score 9.0 out of 10
N/A
The NMI Payment gateway, from NMI or Network Merchants headquartered in Schaumberg, is a presented as a solution to unify all points of commerce and deliver a singular customer view and payment experience across every channel — ecommerce, retail, mobile, or unattended transactions.N/A
PaySimple
Score 3.1 out of 10
N/A
PaySimple is a payment gateway software solution offered by PaySimple.
$59.95
per month
Pricing
NMI Payment GatewayPaySimple
Editions & Modules
No answers on this topic
Subscription
$59.95
per month
Offerings
Pricing Offerings
NMI Payment GatewayPaySimple
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
NMI Payment GatewayPaySimple
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
NMI Payment GatewayPaySimple
Payment Gateways
Comparison of Payment Gateways features of Product A and Product B
NMI Payment Gateway
9.2
1 Ratings
46% above category average
PaySimple
1.0
1 Ratings
141% below category average
Fraud Detection6.01 Ratings1.01 Ratings
API or SDK10.01 Ratings1.01 Ratings
Recurring Payment Support9.01 Ratings1.01 Ratings
Billing and Invoicing Support10.01 Ratings1.01 Ratings
Global Support10.01 Ratings1.01 Ratings
Payment Form Acceptance10.01 Ratings1.01 Ratings
Best Alternatives
NMI Payment GatewayPaySimple
Small Businesses
Apple Pay
Apple Pay
Score 9.1 out of 10
Apple Pay
Apple Pay
Score 9.1 out of 10
Medium-sized Companies
Apple Pay
Apple Pay
Score 9.1 out of 10
Apple Pay
Apple Pay
Score 9.1 out of 10
Enterprises
Adyen
Adyen
Score 8.8 out of 10
Adyen
Adyen
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
NMI Payment GatewayPaySimple
Likelihood to Recommend
9.0
(1 ratings)
2.5
(13 ratings)
User Testimonials
NMI Payment GatewayPaySimple
Likelihood to Recommend
Network Merchants, LLC (NMI)
NMI Payment Gateway is well suited for any company looking to receive payments via the mayor's credit cards and recurring payments, it will get the job done easily and painlessly. Capturing manual payments is also an option does well. You might want to think about adding a security platform on top of what NMI offers.
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PaySimple
PaySimple has made it next to impossible to become PCI compliant unless we purchased a separate computer for the sole purpose of invoicing. We switched to Chase Bank who does not store sensitive info on our computers allowing us to accept credit cards and still remain PCI compliant. Our money is available much faster by not using the 3rd party. Additionally, a simple company name change required more paperwork than closing the account and setting up a new one even when the same bank account was going to be used. This was the primary reason to shop around. We happily contacted Chase Bank and now save $125 a month and receive access to our funds faster. I cannot believe I stayed with PaySimple as long as I did. It's amazing anyone would jump through the hoops of PCI compliance when the technology exists to keep sensitive information off your small business computers. If this review stops anyone from paying those monthly fees, the time was well worth it! PaySimple, requires business owners to fill out forms that make no sense in laymens terms. Chase Bank fills them all in for you and highlights the areas that need to be signed and initialed. PaySimple, charges excessive fees and in my opinion has very emotional customer service reps. Chase Bank, was eager to help and get things rolling so you can focus on your business. I would never recommend PaySimple.
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Pros
Network Merchants, LLC (NMI)
  • payment process
  • reporting
  • user management
  • uptime
Read full review
PaySimple
  • PaySimple is awesome for recurring payments. It's easy to set one up and make changes as needed. Without this feature, our business would be dead. Being able to easily set up recurring payments for our retainer is a must and PaySimple does it beautifully.
  • The payment portal feature is also really good fro collecting payments of differing amounts. We setup a single portal where customers enter the payment amount accessed from a link in the invoice email. This feature has transformed out collections and cut down our time to get paid significantly.
  • If you do have product type offerings, it's easy to setup individual products or an entire store.
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Cons
Network Merchants, LLC (NMI)
  • complexity of fraud rules
  • proactive screening instead of reactive
  • Look of the UI
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PaySimple
  • More proactive and empowering role in merchant fee's and alternative processors. Transparency is challenging in understanding Paysimple's role and relationship to the processors.
  • Identifying areas for further value to clients.
  • More targeted small to mid-size business perspective to anticipate growth challenges and prevent blocks on funds for legitimate sales and growth.
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Alternatives Considered
Network Merchants, LLC (NMI)
It is good, it might not be the best with the main features but has all it needs to perform well and keep it running with ease. It is one of the main payment gateways that our eCommerce has. In today's ecosystem, several are needed and without a doubt, this one is one that can be managed easily and without lots of development.
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PaySimple
Authorize.net and a handful of other merchant processors and gateways. Most payment gateways (online portals to process payments) are rudimentary and not extremely intuitive. PaySimple is not and they are constantly coming up with new ways to improve upon an already very impressive platform.
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Return on Investment
Network Merchants, LLC (NMI)
  • Good price structre
  • Good stability
  • Easy to mantain
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PaySimple
  • Because we've got a really awesome rate with them it's definitely a positive ROI. I can't say what that figure is but it's pretty good. Also, our customers have a huge ROI over their prior way of getting payment from their customers.
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ScreenShots

PaySimple Screenshots

Screenshot of PaySimple DashboardScreenshot of Online InvoicesScreenshot of Web Payment FormsScreenshot of Point of Sale (POS)Screenshot of Mobile AppScreenshot of Collect payments on the go.