Mastercard Developers has released new APIs to supply financial institutions, merchants and digital solutions providers that enable payments on new platforms.
Through its Open API platform, the company is providing access to more than 40 proprietary payments, data and security products and services for easy integration into innovative digital solutions.
The newest solutions available on Mastercard Developers range from helping businesses gain insights on their performance in the era of the Internet of Things (IoT) to digitising the ways in which their consumers shop and manage personal finances. Mastercard has also added to the New & Experimental API category within the Mastercard Developers platform, enabling partners to test the latest in technologies and applications.
“We’re focused on making it simple for our partners to create enhanced payments experiences without having to reinvent the wheel,” said Oran Cummins, Senior VP, API. “By giving them the access they need to explore and build new technologies, we can scale our solutions with greater speed.”
The new APIs enable the ability to:
· Accept cashless payments from their customers’ smartphones by scanning a Masterpass QR code at any Masterpass QR-accepting merchant location.
· Manage how, when and where cards is being used by setting decline and alerts rules.
· Speed up service in restaurants and retailers through the Qkr! with Masterpass mobile order-ahead and payment platform.
· Begin to test chatbot technology and enable commerce within their own branded solutions using Masterpass Chatbot.
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