As, the 2017 budget season approaches, payment solution providers look for ways to increase revenues AND profits. Due to the propagation of Application Programming Interfaces (APIs), a set of routines, protocols, and tools for building software applications, developers may quickly and easily add new functionality to a site or app without having to craft it from scratch. The use of APIs changes the time-to-market from months to weeks or even days. Payment solution providers are increasingly faced with the need to provide a seamless user experience in order to succeed. One way to achieve this is via APIs that help integrate the in-store experience with Web and apps.
APIs are provided for different parts of the organization, for example, at CoreCard, the break out looks like this: IVR (10% services), Self-Service (15% services), Expense Card (15% services), Mobile (10% services), Administration Portal (50%).
Here are a few areas that can quickly and easily be addressed with the right APIs available from your prepaid software platform.
- Card Details and Updates – functionality provides:
- Returns Accounts detail, Balances, Payment info
- Last statement loyalty points and current loyalty points in the response
- Account Details and Updates
- Capable of modifying most information of the account including billingcycle, creditlimit etc .
- Self-service including brief account info card activation, card update, etc.
- Loyalty
- Capable of self-service for most queries including Loyalty redemption, loyalty points, etc.
There are hundreds of APIs associated with payment platforms. For more information on CoreCard’s APIs, please call 770-564-8000
