Mastercard wants to make it easier for banks, merchants and other third parties to use its payments technology on new platforms through a set of new APIs it’s releasing that address use cases ranging from mobile and chatbot payments to consumer spending controls.
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Examples include APIs that enable companies to accept cashless payment from their customers’ smartphones by scanning a Masterpass QR code at merchant locations equipped to accept those, and provide cardholders with transaction notifications and spending alerts, as well as driving mobile order-ahead with the Qkr! with Masterpass feature and testing of chatbot technology for message-based commerce, according to the press release.
Mastercard also is providing a category of new and experimental APIs with its latest release, covering new and emerging applications, the company said.