Mastercard woos ecommerce tech firms with API developer platform

Mastercard has launched a series of new Application Programming Interfaces (APIs) designed to make it easier for developers to incorporate the payment firm’s services into ecommerce apps.

The Mastercard Developers scheme enables Mastercard partners to access a diverse range of Application Programming Interfaces (APIs) for digital 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, developed at the company’s eight R&D Labs around the world, will help partners build, scale and enable payments on new platforms. At the same time, they will have a foundation to explore payments integration into new categories such as augmented reality, virtual reality and the Internet of Things.
“Mastercard Developers empowers our customers, partners and their developers in their efforts to innovate and grow their own businesses,” said Oran Cummins, senior vice president for APIs at Mastercard. “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 – including key services like Qkr!, Masterpass and Mastercard Digital Enablement Services – in a format they can more easily connect to and integrate with. Included in this is a new API that has been developed to maximise 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 organisations and non-profits.
https://developer.mastercard.com/