May 21, 2015
Single purpose API
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Square is moving beyond the retail terminal thanks to a handful of new APIs meant to help companies accept payments in more places. The E-Commerce API and Register API target retailers large and small with a simple set of tools that integrate fully with Square's payment processing platform.
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, V.me, that is slated to launch in early 2012. The V.me by Visa API is available to developers now for beta testing.
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.