VibePay, a UK-based payments application, has announced the release of a new API for business payment transfers and online subscription payment processing. The company had planned on releasing this latest API toward the end of 2020 but accelerated plans as a result of COVID-19.
The new VibePay Payments API joins the existing Data API as part of the company’s Vibe ecosystem. This latest addition is meant to “give businesses instant access to their funds, and improve cash flow, at a time when this is business-critical.” Additionally, VibePay announced that it has received approval to expand operations into Germany, France, Netherlands, and Luxembourg.
The new Payments API is available immediately and the company is offering SMBs free access for 3 months.