NMI Payment Gateway vs. PhonePe

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
PhonePe
Score 7.3 out of 10
N/A
PhonePe is a mobile payments app that allows you to transfer money instantly to anyone, by using just their mobile number.N/A
Pricing
NMI Payment GatewayPhonePe
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
NMI Payment GatewayPhonePe
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsPhone app is free. Transaction fees will vary according to businesses.
More Pricing Information
Features
NMI Payment GatewayPhonePe
Payment Gateways
Comparison of Payment Gateways features of Product A and Product B
NMI Payment Gateway
9.2
1 Ratings
33% above category average
PhonePe
5.2
2 Ratings
23% below category average
Fraud Detection6.01 Ratings3.02 Ratings
API or SDK10.01 Ratings3.01 Ratings
Recurring Payment Support9.01 Ratings7.52 Ratings
Billing and Invoicing Support10.01 Ratings7.52 Ratings
Global Support10.01 Ratings6.52 Ratings
Payment Form Acceptance10.01 Ratings4.01 Ratings
Best Alternatives
NMI Payment GatewayPhonePe
Small Businesses
Apple Pay
Apple Pay
Score 9.3 out of 10
Apple Pay
Apple Pay
Score 9.3 out of 10
Medium-sized Companies
Apple Pay
Apple Pay
Score 9.3 out of 10
Apple Pay
Apple Pay
Score 9.3 out of 10
Enterprises
Adyen
Adyen
Score 8.5 out of 10
Adyen
Adyen
Score 8.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
NMI Payment GatewayPhonePe
Likelihood to Recommend
9.0
(1 ratings)
7.2
(2 ratings)
User Testimonials
NMI Payment GatewayPhonePe
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.
Read full review
PhonePe
Primary benefit is hassle-free payment to the merchant. You can purchase both online and offline without using cash to make the payment. Simply scan the QR code using the Phonepe app on your smartphone to make a payment into the merchant's account. And as said, its rewarding, you surely get a scratch card on every transaction that may either offer you cashback or a discount code for some vendor site shopping.
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Pros
Network Merchants, LLC (NMI)
  • payment process
  • reporting
  • user management
  • uptime
Read full review
PhonePe
  • Payment status confirmation
  • User details before the payment start
  • Bills and Payment
  • Reminders of the bills
Read full review
Cons
Network Merchants, LLC (NMI)
  • complexity of fraud rules
  • proactive screening instead of reactive
  • Look of the UI
Read full review
PhonePe
  • Like GPay, you dont have the option for secure login using PIN or password.
  • Sometimes your transaction gets stuck in between for long duration, so that's a technical bug with this app.
  • if you are booking your travel tickets with PhonePe and in case you cancelled it. Then you wont get any refunds for that.
Read full review
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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PhonePe
In case of payment failed we check the payment on the our app its showing on our app then it will definitely come other wise it will be refund to the customer, Its a unique feature. None of the other app has this feature. Its very simple to use as compare to the other compititive apps.
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Return on Investment
Network Merchants, LLC (NMI)
  • Good price structre
  • Good stability
  • Easy to mantain
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PhonePe
  • PhonePe instantly fetches the complete bank information based on your verified number.
  • You can even buy gold and invest in mutual funds via same app.
  • There are lots of fake accounts on PhonePe so the company should allow legitimate account users only.
Read full review
ScreenShots