MasterCard has launched a new application programming interface (API) developer platform, known as Mastercard Developers, which allows the developers to create next-generation commerce solutions.
The platform will feature a ‘New and Experimental’ API category that allows partners to test new technologies and applications.
Developed at the company’s eight R&D Labs around the world, the experimental APIs will help partners build, scale and enable payments on new platforms.
Simultaneously, they will have a foundation to discover payments integration into new categories such as augmented reality, virtual reality and the Internet of Things.
MasterCard senior vice president for APIs Oran Cummins said: “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.”
MasterCard said that partners now have access to more than 25 MasterCard APIs – including key services like Masterpass and MasterCard Digital Enablement Services – in a format they can more easily connect to and integrate with.
Additionally, a new API has been developed to maximise financial inclusion efforts. Even in the absence of telecommunications infrastructure, the MasterCard Aid Network enables to streamline aid distribution while offering more transparency to humanitarian organisations and non-profits.
MasterCard noted that the new MasterCard Developers offers a smooth 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.