Digital payment APIs
APIs in the realm of digital payments are crucial as they bridge the gap between financial institutions, merchants, payment processors, and other service providers, allowing them to interact, complete transactions, and tap into valuable data.
There are several categories of APIs in the domain of digital payments:
- Cryptocurrency Payment APIs: These APIs facilitate businesses to accept cryptocurrencies as a mode of payment. Apart from that, they can also be utilized for trading, acquiring price details, or for blockchain-associated functions.
- Wallet APIs: Through Wallet APIs, integrations with digital wallet services, such as Google Wallet or Apple Pay, become feasible. They permit users to conduct secure transactions in stores, apps, and online.
- Banking APIs: Enabling third-party developers to create applications and services around a bank’s operations, these APIs may offer access to account information, transaction history, and fund transfers...