February 23, 2016
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Mygate is a financial services and payment solutions company that provides safe and secure transactions for online merchants across Europe and in South Africa. The payment gateway allows merchants to accept credit card payments from their websites, automate recurring payments, process manual payments for mail order and telephone orders, take fraud prevention measures and receive reports via a transaction reporting system. The Mygate API makes this functionality available to be integrated with other websites and applications.
Hyperwallet revealed that its REST payout API has moved from public beta to full public availability. The announcement coincides with the launch of new Hyperwallet developer features, including software development kits (SDKs), additional API calls, and a bolstered self-serve developer portal.
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.