Visa has made its API open to developers worldwide. The move will not only give developers access to build their app around Visa’s network, but also steer a milestone for the company that is built on facilitating disruptive technology development in the payments space.
The API is open to financial institutions, merchants, and technology companies to build systems on it to help people shop, pay and get paid.
“As the leader in payments we have an opportunity to transform global commerce by opening-up access to our global network and supporting our clients, industry partners and innovators in their pursuit of creating new, easier and more secure ways to pay,” said chief executive officer, Visa Inc. “Visa Developer represents not only a new access point to our network, but a new distribution platform for Visa products and services globally.” He adds.
Throwing open a host of its Application Programming Interfaces (API) to developers worldwide will grant them access to services such as; Visa’s extensive suite of payment products and services, a testing sandbox that offers application developers a plug and play experience, as well as access to Visa test data and Visa Developer engagement centers designed to foster collaboration and co-creation with application developers in key markets like San Francisco, Dubai, Singapore, Miami and São Paolo.
Visa is a global payment technology company and service provider working to enable customers, businesses, banks and governments to use digital currency. Its trial partners include Capital One, CIBC, Emirates NBD, National Australia Bank (NAB), RBC, TD Bank, Scotiabank, TSYS, U.S. Bank and VenueNext.
NEW EPISODE OUT! Built in Africa, a podcast by Techpoint Africa
NEW REPORT: Nigerian startups raised $28.35m in Q2 2020; only about 4.5% of that came from local investors. Find out more in the full report.