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.
Kenya currently lays claim to the world's largest user base of mobile money. With over 25 million mobile money users in the country, Kenya seems to be a mobile developer's dream when it comes to potential user base. However, as COSEKE's Kevin Njoki told ITWeb Africa, developers face major roadblocks in monetizing apps despite the massive mobile money user base. At the heart of the difficulty lies a lack of open APIs from the country's leading telecommunication companies.
Turn Technologies recently announced an identity verification and mass payments platform through its Turn API. The identity verification platform searches more than 100 billion records across 10,000 databases in less than 10 seconds. Same day, mass payments are connected to 400 million US accounts.