Could your business benefit from a global payments API?
An API (Application Programming Interface) allows different digital platforms to interact with each other. Working in the background, an API can connect disparate systems to allow them to share information, enabling interoperability, increasing efficiencies and streamlining processes for the end user.
People use APIs throughout the day without thinking about it, or even noticing. Looking for directions to that restaurant via the embedded map on their website? An API. Buying an item online and looking for a price in your home currency? Another API. Tracking a package from an international seller? Also API.
APIs can also help you streamline the global payments process for your business.
For many multinational companies, high-growth businesses and payments platforms, managing large volumes of payments in multiple currencies can be time-consuming and error-prone. Adding hidden fees and non-transparent exchange rates to the mix can increase the complexity and slow down your business growth.