June 23, 2017
How can developers make money? That’s a big question in the mobile app space, and the answer is changing. There has been a gradual recognition over the past few years that one-time payment for apps (those “paid apps” that we avoid downloading if we can) is not the happy-face solution for most developers aiming to be compensated adequately for the creative work they do.
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.
With iZettle's new iOS API it is possible to include credit card payments in any IOS app. iZettle is a Swedish company known in locally as “Spotify for payments” and in the US as “the European Square”. Using their chip card reader and iOS app, small businesses and individuals can charge via VISA, Mastercard, American Express or Diners Club and the payment is finalized with the card holders signature written with the finger straight on the iOS screen. So far the payment service is available in Sweden, Norway, Denmark, Finland and is being tested in the UK. They just got a €25 million to roll out in more countries world wide.