Creditcall

{{Use dmy dates|date=April 2022}}

{{Infobox company

| name = Creditcall Limited

| logo = File:Creditcall_Logo.png

| type = Private

| key_people = Vijay Sondhi. CEO

| foundation = 1996

| location = Bristol, UK

| subsid =

| area_served = UK, Europe, North America

| products = EMV, Contactless payment, Payment gateway, E-commerce, M-commerce, Vending, Parking, ATM

| homepage = [https://www.nmi.com www.nmi.com]

}}

Creditcall (now NMI){{Cite web |date=2018-02-20 |title=NMI Agrees to Acquire Creditcall to Expand EMV and Omnichannel Capabilities |url=https://www.businesswire.com/news/home/20180220005541/en/NMI-Agrees-to-Acquire-Creditcall-to-Expand-EMV-and-Omnichannel-Capabilities |access-date=2023-02-10 |website=www.businesswire.com |language=en}} is a payment service provider and payment gateway with offices in the United States and UK, providing credit card authorisation and settlement services to banks and processors in the United Kingdom, United States and Canada.

History

Creditcall Limited, originally Creditcall Communications Limited, was founded in 1996. Later, a North American subsidiary, Creditcall Corporation, was incorporated in 2005. The name Creditcall is derived from the name of Creditcall's first product, a telecommunications service that enabled callers to bill telephone calls to their credit or debit card.{{cite web |title=Creditcall |url=https://www.money2020.com/companies/creditcall |publisher=Money 20/20 |access-date=13 September 2016 |archive-url=https://web.archive.org/web/20170708023543/https://www.money2020.com/companies/creditcall |archive-date=8 July 2017 |url-status=dead}} Creditcall won 3i's Business Catapult Award in 1998 along with an initial investment in the company.{{Cite web|url=https://pressreleases.responsesource.com/news/539/paragon-software-voted-business-of-the-future-in-national-competition/|title=Golin|website=ResponseSource Press Release Wire|access-date=2019-10-27}}

In 2012 the management team completed a management buyout of the company backed by FF&P Private Equity and Bestport Ventures.{{Cite web|url=https://www.finextra.com/newsarticle/23490/creditcall-completes-management-buy-out|title=CreditCall completes management buy-out|date=2012-03-05|website=Finextra Research|language=en|access-date=2019-10-27}}

On 21 April 2014 Creditcall was awarded the Queen's Award for Enterprise.{{Cite web |url=http://www.bristolpost.co.uk/Bristol-businesses-awarded-Queen-s-Awards/story-20988627-detail/story.html |title=Bristol businesses awarded Queen's Awards for Enterprise | Bristol Post |access-date=2014-04-26 |archive-url=https://web.archive.org/web/20140424063613/http://www.bristolpost.co.uk/Bristol-businesses-awarded-Queen-s-Awards/story-20988627-detail/story.html |archive-date=2014-04-24 |url-status=dead }}{{Cite web|url=https://www.ft.com/content/bc36dbb4-c3ec-11e3-870b-00144feabdc0|title=List of 2014 Queen's Awards for Enterprise winners|website=Financial Times|language=en-GB|access-date=2019-10-27}}

Acquisition

In March 2018, Creditcall was acquired{{Cite web|title=NMI Completes Acquisition of Creditcall|url=https://www.nmi.com/blog/nmi-completes-acquisition-of-creditcall |access-date=2020-11-03 |website=nmi.com/ |date=5 March 2018 |language=en-US}} by US-based payments' technology company NMI. NMI is headquartered in Schaumburg, Illinois, with offices in Utah, New York, and Bristol, UK. NMI is backed by US private equity firms Insight Partners, Great Hill Partners and Francisco Partners.{{citation_needed|date=October 2021}}

References

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