Mastercard recently announced the Mastercard Innovation Engine. The engine acts as a marketplace for next generation digital customer experiences. The marketplace allows Mastercard and collaborators to offer API access to customer-focused digital experiences through plug and play solutions.
Paidpiper, mobile payments processing provider, offers its unique mobile payments platform via the Paidpiper API. Instead of relying on network security to ensure reliability and compliance, Paidpiper's unique approach secures the smartphone making the transaction to prevent malfeasance and fraud. By securing the smartphone itself, no need for additional POS hardware becomes necessary.
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.