NMI Payment Gateway vs. Razorpay Payment Gateway

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
Razorpay Payment Gateway
Score 9.0 out of 10
N/A
Razorpay Payment Gateway, from Razorpay in Bangalore, boasts easy integration, completely online onboarding, feature filled checkout and performance.N/A
Pricing
NMI Payment GatewayRazorpay Payment Gateway
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
NMI Payment GatewayRazorpay Payment Gateway
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Features
NMI Payment GatewayRazorpay Payment Gateway
Payment Gateways
Comparison of Payment Gateways features of Product A and Product B
NMI Payment Gateway
9.2
1 Ratings
46% above category average
Razorpay Payment Gateway
8.8
1 Ratings
41% above category average
Fraud Detection6.01 Ratings10.01 Ratings
API or SDK10.01 Ratings9.01 Ratings
Recurring Payment Support9.01 Ratings8.01 Ratings
Billing and Invoicing Support10.01 Ratings9.01 Ratings
Global Support10.01 Ratings7.01 Ratings
Payment Form Acceptance10.01 Ratings10.01 Ratings
Best Alternatives
NMI Payment GatewayRazorpay Payment Gateway
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 GatewayRazorpay Payment Gateway
Likelihood to Recommend
9.0
(1 ratings)
9.8
(2 ratings)
User Testimonials
NMI Payment GatewayRazorpay Payment Gateway
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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Razorpay
According to my experience, it is best for all types of businesses. You can integrate with your blog, and website easily in some simple steps. You can accept payments through payment pages, and links where you can set expiry dates. When a customer finds various payment methods, he/she will use your services again and again, which will grow your business. It automatically records payments, and in case of payment failures, you can set up an auto refund without any hassle. But when it comes to customer support, their response time is long, and they mostly create tickets via live chat. You can set instant settlement, but you have to pay an extra fee for that.
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Pros
Network Merchants, LLC (NMI)
  • payment process
  • reporting
  • user management
  • uptime
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Razorpay
  • Payment Notification
  • Intuitive Dashboard
  • Various Payment Methods
  • Export of reports
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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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Razorpay
  • Customer support response time
  • Reduce flat payment gateway charges
  • Add more Wallet and EMI options
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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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Razorpay
Easy to set up, and integration happens with simple steps. Various payment options. Easy to export reports. Instant payment notification and updates on dashboard. Useful for individuals, SMEs, and companies. Adding creative features from time to time for more improvement. The support team is responsive among other tools like Paytm, Google Pay, and Stripe. Amazon Pay is best when it comes to charges, but it has missing payment methods of Paylater apps, EMI apps. If it reduces its flat 2% charge, then it will trend at top.
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Return on Investment
Network Merchants, LLC (NMI)
  • Good price structre
  • Good stability
  • Easy to mantain
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Razorpay
  • Increased sales with EMI and Paylater Payment Method
  • Reduced time to verify transaction manually
  • Managing team with different roles
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ScreenShots