Channels ▼
RSS

Tools

Industrial-Grade API Platform for Payment Apps


Ixaris, a specialist in electronic payments, has announced a partnership with API developer Apigee to create an industrial-grade API platform for developers seeking to create payment applications on its Ixaris Opn (pronounced ‘open’) platform. As part of the new agreement, Apigee will work to enable Ixaris with security, control, and management functions for its payment app development platform.

Unlike similar platforms such as PayPal X, Ixaris Opn proposes that developers create and run their own global payment apps using open loop virtual or physical cards under the Visa and MasterCard schemes.

The company says that the ability to incorporate mainstream payment networks into applications will provide developers with a much broader audience for their applications. Ixaris Opn hinges its unique selling point on the ability to manage all facets of the payments lifecycle, including fraud and compliance oversight, so that developers can then customize, combine, and link to reusable payment components in order to create fully branded payment applications.

“The pace of innovation in the payment solutions revolution will be limited only by the speed by which we enable the ingenuity of the application developer community and the tools we provide them,” said Alex Mifsud, Ixaris CEO. “Ixaris’ partnership with Apigee will expand our payment application ecosystem, extending our API platform with a scalable infrastructure for authorization, access control, analytics and security for payment application developers.”

Ixaris Opn shields developers from the complexities of global financial services, allowing them to bring solutions to market quickly and cost-efficiently. Opn features APIs called paylets, which are reusable software components that have been configured to achieve different payment scenarios; thus allowing developers to cut development time and set up payment applications more quickly.


Related Reading


More Insights






Currently we allow the following HTML tags in comments:

Single tags

These tags can be used alone and don't need an ending tag.

<br> Defines a single line break

<hr> Defines a horizontal line

Matching tags

These require an ending tag - e.g. <i>italic text</i>

<a> Defines an anchor

<b> Defines bold text

<big> Defines big text

<blockquote> Defines a long quotation

<caption> Defines a table caption

<cite> Defines a citation

<code> Defines computer code text

<em> Defines emphasized text

<fieldset> Defines a border around elements in a form

<h1> This is heading 1

<h2> This is heading 2

<h3> This is heading 3

<h4> This is heading 4

<h5> This is heading 5

<h6> This is heading 6

<i> Defines italic text

<p> Defines a paragraph

<pre> Defines preformatted text

<q> Defines a short quotation

<samp> Defines sample computer code text

<small> Defines small text

<span> Defines a section in a document

<s> Defines strikethrough text

<strike> Defines strikethrough text

<strong> Defines strong text

<sub> Defines subscripted text

<sup> Defines superscripted text

<u> Defines underlined text

Dr. Dobb's encourages readers to engage in spirited, healthy debate, including taking us to task. However, Dr. Dobb's moderates all comments posted to our site, and reserves the right to modify or remove any content that it determines to be derogatory, offensive, inflammatory, vulgar, irrelevant/off-topic, racist or obvious marketing or spam. Dr. Dobb's further reserves the right to disable the profile of any commenter participating in said activities.

 
Disqus Tips To upload an avatar photo, first complete your Disqus profile. | View the list of supported HTML tags you can use to style comments. | Please read our commenting policy.
 

Video