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.
One of Kenya's largest banks, Equity Bank, made a huge advance in the fintech space with the launch of the Jenga Payment Gateway API. The API connects all parties in the financial ecosystem through API integration that enables account management, payment, charges, and much more.