Escrow.com has announced a beta version of its Platform API. Through the API, third party apps and services can integrate the escrow services Escrow.com has long been known for. Once integrated, apps and services can hold money in trust until a transaction has fully completed.
SafeCharge has launched a full payment platform specifically designed for online marketplaces. Marketplace Manager hopes to address specific hardships and compliance requirements faced by marketplaces. Marketplace users access the entire platform through a single API.
Of all the markets being impacted by the booming API economy, perhaps none has seen as much activity and innovation as the payments space. The past several years have seen the launch of a number of disruptive and successful API-centric upstarts, including Stripe and Balanced. Meanwhile, entrenched players like PayPal and Verifone have responded with new offerings of their own.