The Latest News On The API Economy
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When your business or product's main access to customers is online, the last thing you want is a stumbling block when it comes to accepting payments. Quick and easy is the name of the game as online shoppers are used to nothing less than instant purchases at the click of a button and the convenient option to use their credit cards. Plastiq is a credit card payment processing and service provider that allows merchants to easily accept credit card payments for their goods and services. The Plastiq API makes it possible for developers to integrate this functionality with other applications.
PayZang, payment processing provider, has introduced a new payment API. The API allows merchants to integrate payment options with third party applications and platforms. PayZang hopes to attract new customers with the API because integration will speed up online shopping and bill pay experiences.
Buyvite Group Pay Launches API That Allows Developers to Add Social Cost Splitting Functionality to E-Commerce Websites and Apps
Buyvite Group Pay, a social payment platform allowing multiple people to contribute to a single payment transaction, has announced the launch of the Private Label Group Payment API which allows social payment and cost splitting functionality to be added to e-commerce websites and applications.
The Currency Cloud, cross border payment as a service provider, has enabled developers to integrate international payment processing with an API: XBPConnect. Prior to the Currency Cloud, payment/invoice software required users to leave the platform and engage a third party to process an international invoice. The Currency Cloud allows cross border and multi-currency transactions from a single platform. The API allows developers to integrate the functionality into existing apps and platforms.
PayOnDelivery, online payment platform that doesn't charge until delivery, has announced the PayOnDelivery API. Third party apps and websites may use the API to integrate payment processing. Developers have full access to the PayOnDelivery platform, including its keystone feature that refuses to release funds until the product lands in a consumer's hands.
Mygate is a financial services and payment solutions company that provides safe and secure transactions for online merchants across Europe and in South Africa. The payment gateway allows merchants to accept credit card payments from their websites, automate recurring payments, process manual payments for mail order and telephone orders, take fraud prevention measures and receive reports via a transaction reporting system. The Mygate API makes this functionality available to be integrated with other websites and applications.
Online business is booming, and with that comes the need for easy and safe payment processing. PayPoint is a UK based company that offers a variety of safe and secure payment solutions to any business of any size. The company's selling point is that they have 15 years of experience in this sector and they pride themselves on constantly working to make online payments even simpler and more efficient. The PayPoint API makes this tried and tested functionality accessible to be integrated with other applications.
They say it’s the Age of the Consumer because people have more access to a lot of information about any given product they buy or vendor they do business with. But for all that information one thing most of us don’t have much control over is the rewards programs their credit cards generated points towards every time they buy something.
Mocapay focuses on mobilizing businesses' payment, loyalty, coupon, and gift programs through innovative software. Mocapay aims to unify merchant programs and payment options across all devices. To enhance its platform, Mocapay recently launched a token solution that integrates with any POS system via an API.
Dwolla, highly innovative payment network, celebrates its second anniversary by hosting a hackathon in its birthplace: Des Moines, Iowa. To complement the unusual choice of geography for a hackathon, Dwolla chose a name to fit the occasion: Old MacDonald Hackathon. Dwolla and co-host, Silicon Prairie News, aim for 50 developers to enjoy the scene and conjure up some disruptive applications utilizing Dwolla's APIs.
SumUp, a mobile payments rising star, recently announced an API that allows third party apps to accept credit card and cash payments without leaving the app. Prior to the API, SumUp users and customers were required to use the SumUp app in isolation from the merchant app to utilize the slick mobile payments platform.
Every year 15 million people are victimized by identity theft in America alone. Identity theft is an ever-present concern in the minds of consumers worldwide and the continued migration of commerce to the internet is only exaggerating the issue. Barzahlen, an online payment solution in Germany, is thinking outside the box and presenting an interesting alternative to online payment. Using the Barzahlen API developers can offer Barzahlen as a payment option in their online stores. Selecting this payment option would allow customers to claim the product online, then take a receipt to a physical Barzahlen location to process the payment in person.
Lemon, mobile wallet app, announced the Lemon API as one component of the Lemonade Platform.Prior to API integration, Lemon users were required to snap photos of their receipts and cards to incorporate the data into the mobile wallet app.
Payleven, the Square equivalent for the world outside of the US, has launched an API to complement its mobile payment device. Prior to the API, use of Payleven's mobile payment device required downloading the Payleven app (similar to Square's current model). However, the API allows developers to integrate Payleven's functionality within third party apps.
WePay, an online payments platform, is celebrating the one year anniversary of the WePay Payments API by offering lower pricing and new features that allow partners to have complete control of the checkout experience.
How can developers make money? That’s a big question in the mobile app space, and the answer is changing. There has been a gradual recognition over the past few years that one-time payment for apps (those “paid apps” that we avoid downloading if we can) is not the happy-face solution for most developers aiming to be compensated adequately for the creative work they do.
Facebook added a new feature to its Facebook Credits API that allows developers to download reports regarding payments in their Facebook applications. The payment reports are generated daily by Facebook. Up until now, developers had been receiving payment reports via email.
Without the dot, "cardio" is Rule #1 in Zombieland. With the dot, card.io is PayPal's latest acquisition: the startup formerly known as Lumber Labs, whose technology allows developers to integrate credit card payments into any iOS or Android app with no additional hardware.
With iZettle's new iOS API it is possible to include credit card payments in any IOS app. iZettle is a Swedish company known in locally as “Spotify for payments” and in the US as “the European Square”. Using their chip card reader and iOS app, small businesses and individuals can charge via VISA, Mastercard, American Express or Diners Club and the payment is finalized with the card holders signature written with the finger straight on the iOS screen. So far the payment service is available in Sweden, Norway, Denmark, Finland and is being tested in the UK. They just got a €25 million to roll out in more countries world wide.
From billion dollar companies to the neighborhood coffee shops, merchants of all sizes are seeking new ways to offer secure and affordable mobile payments systems that expand their ability to conduct business. The PayPal API got its start this way, first with online auctions, then with thousands of websites and individuals. It's now one of over 150 payment APIs, many of which exist outside of traditional finance.