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Network Merchants to acquire UK-based Creditcall

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Network Merchants to acquire UK-based Creditcall

NMI, an Roselle, Ill.-based provider of payments enablement technology for independent sales organizations, independent software vendors, value-added resellers and payment facilitators, has agreed to acquire CreditCall Ltd.

Bristol, U.K.-based Creditcall is an omnichannel payment gateway and Europay, MasterCard and Visa, or EMV, solutions provider. Lars Pedersen is the CEO of the company.

The acquisition is expected to expand NMI's omnichannel and EMV capabilities, and create a payment gateway platform that supports all channels of commerce including retail, e-commerce and mobile. The combined company will account for more than $45 billion of payment volume.

NMI, backed by investors Francisco Partners Management LP and Great Hill Partners LP, is the operating trade name of Network Merchants LLC. Roy Banks is the CEO of NMI.