Mastercard launches new developer API platform
The new developer gateway enables Mastercard partners to access a diverse range of Application Programming Interfaces (APIs) across payments, data and security. The platform also includes a "New and Experimental" API category that enables partners to test new technologies and applications.
The experimental APIs are developed at the company’s eight R&D Labs around the world and allow developers to build and scale payments on new platforms. In addition, they can explore integration into areas such as augmented reality, virtual reality and IoT.
Oran Cummins, senior vice president for APIs at Mastercard:
"We see Mastercard Developers as empowering our customers, partners and their developers in their efforts to innovate and grow their own businesses. The new platform will serve as a key way to integrate Mastercard technology and services into their digital solutions in an easy and cost-effective way. And, consumers will benefit from the simpler, faster and safer experiences driven by these efforts."
Partners now have access to more than 25 Mastercard APIs. That includes key services like Masterpass and Mastercard Digital Enablement Services as well as a new API that has been developed to maximize financial inclusion efforts. The Mastercard Aid Network helps to streamline aid distribution, even in the absence of telecommunications infrastructure, while providing more transparency to humanitarian organizations and non-profits.
The new Mastercard Developers provides a streamlined experience and clear, developer-friendly documentation with APIs supported by software development kits (SDKs), developer tools and sample code for the top six programming languages. The platform has been growing and has seen a 400 percent increase in usage in the past year.