The Latest News On The API Economy

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Charge by Credit Card From an iOS App With iZettle's New API

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.

Money APIs Power The New Wall Street

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.

Developers Stand To Win Gold in MintChip Challenge

Developers are definitely worth their weight in gold. The Royal Canadian Mint has introduced a digital currency called MintChip and has thrown open a Developer Challenge. The challenge wants developers to create digital payment solutions using the MintChip API and the best applications stand to win gold. Yes, you read that right, actual physical gold.

Could This API Help You Keep Your Friends?

Some of the best experiences in my life are trips that I took with my closest friends. These memories could be even better if I had not been forced to wait so long to get paid back after fronting the hotel bill. Sometimes friends have different ideas on what is an acceptable timeline for recompense. Now, thanks to Splitable, we can all avoid setting ourselves up for a let down by leveling the playing field. Splitable is an easy-to-integrate payment solution that lets customers split the cost of products and services with their friends. The simple online interface provides a forum for discussing plans and then facilitates payment. The company offers the Splitable API that gives store owners the ability to allow their customers to split the cost of a product or service.

With, Visa Aims to Simplify Digital Payments

Payment is a critical piece of any application and new usage patterns have indicated that users are likely to do their purchase from a variety of devices and applications. It is important to create the right experience within the application so that the payment process is seamless to the user. Visa, one of the key players in the payment industry, has announced the launch of its developer program to consolidate all its offerings and push its new digital wallet service,, that is slated to launch in early 2012. The by Visa API is available to developers now for beta testing.

Collect Happiness Dividends Through Community Investment

Piryx offers a leg-up to groups with fundraising needs. Of course most groups that need money can’t afford to have slick websites and payment gateways. It’s a tough spot to be in since a little technical investment could go a long way toward gathering funds to meet the organization’s needs. Piryx has made that investment. It offers a social media-ready payment gateway specifically designed for non-profits, charities, and community groups. Now the Piryx API can be used by other web entities that want to support these causes.

Facebook Credits Comes Out of Beta, Unveils a Very Real API for Somewhat Less Real Money

After beta testing for almost a year, the Facebook Credits API is finally being opened to all developers. Before beta testing the service had been in very limited alpha testing for over six months before that. On July 1st, more than two years after the social networking site started working on the system, all Facebook-based games that process payments will be required to use only Facebook Credits. The 350 applications granted early access already account for 70% of such transactions. Facebook credits can be purchased by users at a rate of $0.10 each (with an additional 10 free when buying 100) and redeemed by application developers for $0.07, leaving Facebook with the balance.

US Government Launches API - Gives Free Access to Small Business Resources

The U.S. Federal Government has been making a push to increase accessibility to data managed and maintained by various government agencies and departments. Recently, the government's official web site for small businesses (sponsored by the U.S. Small Business Administration), has released an API that provides access to various types of data that will can benefit small businesses.

Kiva Launches Microlending API

Developers now have an additional opportunity to contribute to their karma by developing socially conscious applications with the newly released Kiva API (our new Kiva API profile). Kiva, a person-to-person micro-lending site, announced the release of the RESTful API on its new developer blog earlier today. This is great news for the mashup community.