To respond to a growing demand for secure and fast trading solutions, the MasterCard Developers department has launched new API platforms dedicated to financial institutions, businesses and suppliers of digital solutions that provide the tools needed to allow payments on new platforms .
Through the Open API platform, Mastercard is able to offer access to over 40 payment, data, security products and services, facilitating the integration of the most innovative digital solutions.
In the United States, FreshDirect, Subway and The Cheesecake Factory have already enabled chatbot payments with Facebook Messenger using the Masterpass Chatbot API platform. In addition, Uber and Lyft are making it easy for drivers to make payments in real time via the Mastercard Send API payroll system. In the UK, the pub chain of Young’s Pubs is integrating Qkr! With Masterpass to allow its customers to pay for the table and split the account without waiting times and queues.
The new solutions available through Mastercard Developers range from useful systems to companies to analyze their performance in the IoT, digitalisation systems to support consumers while shopping and managing their finances. Mastercard also implemented APIs with the New & Experimental category, available on the Mastercard Developers platform, allowing its partners to test the latest technologies and applications.
“We are focused on making it easier for our partners to create better payment experiences without having to reinvent their business,” said Oran Cummins, Senior Vice President, API – “By giving them free access to what they need to Exploring and developing new technologies, we can implement our solutions more quickly. “
Some of the latest API platforms allow you to:
· Accept cashless payments directly from consumer smartphones by scanning the Masterpass QR code from any operator who accepts Masterpass QR.
· Provide cardholders with the ability to manage when and where to use their card by setting up elimination and notification management rules via Spend Controls and Spend Alerts.
· Accelerate service at restaurants and outlets via Qkr ordering and payment system! With Masterpass.
· Start testing the chatbot technology and allow commerce within your solutions using the Masterpass Chatbot digital and multi channel channel platform.