(5 February 2016 – Global) Visa has announced that it is opening its platform to developers, providing access to its technology, products and services to banks, merchants and techology firms
At launch, the new Visa Developer platform will offer access, via APIs, to some of the card network's most popular payment technologies and services, including account holder identification, P2P payment capabilities, in-store and online payment services such as Visa Checkout, currency conversion and transaction alerts.
Developers get access to a portal for searching Visa’s suite of payment products and services; an open platform that provides access to hundreds of Visa APIs and software development kits; a testing sandbox that offers application developers a plug and play experience, as well as access to Visa test data; and engagement centres designed to foster collaboration and co-creation with application developers in key markets like San Francisco, Dubai, Singapore, Miami and São Paulo.
The payment service providers CEO, Charlie Scharf said: “As the leader in payments we have an opportunity to transform global commerce by opening-up access to our global network and supporting our clients, industry partners and innovators in their pursuit of creating new, easier and more secure ways to pay.
“Visa Developer represents not only a new access point to our network, but a new distribution platform for Visa products and services globally.”
Capital One, National Australia Bank (NAB), Scotiabank, Tsys and US bank are among a host of firms to have already taken place in beta trials of the new platform.
“Australians are among the world’s fastest adopters of new technologies and our partnership with Visa enables NAB to act more quickly to deliver market-leading innovations and great experiences for our customers,” said Antony Cahill, NAB group executive, Product & Markets.