SecurionPay and APIs
 

When i was recently browsing LTP i stumbled upon an interesting read about best APIs written by a cool guy called Amit. Here it is:

The job of a good application program interface (API*) is to provide all the building blocks for developing a system/program so that a programmer can then put these blocks together in the best possible way. As FinTech companies are sprouting quickly the world over, we take a look at the necessary qualities that a good FinTech API needs to incorporate to help the world of code in building FinTech products and services.

1. Make it easily adaptable and moldable.

APIs must adapt to its specific use scenario so that a developer can get what he or she wants out of it with minimum coding efforts; most API sellers fail in offering this. When an API is way too broad and in-depth to tame, developers get frustrated and abandon it, only to latch onto something that is more adaptable to their needs and the type of apps they are building.

2. Make it customised, depending on individual needs.

Earlier, most APIs came with a one-size-fits-all attitude which was based on assumptions that were no longer valid. They were more data-centric instead of being developer-friendly. It resulted in very cryptic and complex systems that were not easily usable or moldable by external developers.

3. Make it for the cloud-friendly.

Earlier, APIs were built for networks which were slower and far more expensive. Also, they were designed more from the perspective of data storage than as an active ingredient of coding, which would be called over and over again. APIs now need to be constructed keeping in mind the reduction in price for network bandwidth and the ability of the cloud ecosystem to provide fast access to massive amounts of information. All FinTech companies now float their products on cloud services, so they should be able to access API data like an on-premise database. If it?s on the cloud, it?s on their fingertips.

4. Make it exclusive to your clientele and inclusive of all they want.

When launching an API, keep in mind that it should be run with an agile process with alpha and beta versions which are not widely distributed. Versioning should be used sparingly. APIs for FinTech clients should focus on how financial data can be used to power many different types of applications and not just trading systems. The key is to be inclusive of all the needs of the FinTech sector.

5. Make it app-facing.

Mobile apps, personal finance apps, digital wealth management and payment systems are the nomenclature of the future. Make APIs that offer a user interface for developers; focus a lot on design and make clean interfaces.

6. Make it mix-friendly.

Why not use technology in all its forms to offer something that is irresistible? Mix and match technologies to make APIs that give the developer all that he or she can dream of.


For developers/startups using (or thinking of using) APIs please plan it out really well. You need to be absolutely clear about the objective. Things such as a good understanding of the call limits and throttling because most of the times you are charged call-based, and you get specifically what you ask for. You will be paying for raw stuff as opposed to the finished product. You need to build out your system very well taking care of how data is retrieved, stored, processed, and visualized.


Enough said. If your current provider offers you all the above then great! But if you feel you lack some of these points or maybe all of them SecurionPay processing platform is for your disposal!

Just have a look here:

https://securionpay.com/docs/api
https://github.com/securionpay/

and get in touch with us to support yourself with a set of best and most powerful APIs there are for high risk merchants.

Cheers!

Source: What Makes for a Great FinTech API? | Let's Talk Payments

pretty sure linking to other forums is not allowed, could be wrong though.

If this is the case then it was not done on purpose. I believe providing a source of the information is important if you do not own the content or if you quote someones else's articles. I think LTP is more a specialty blog than a forum.

Also most of the links on GFY refers to other forums, blogs or portals where the original text can be found. I don't think people wish to direct the crowd there but to be fair in regards to where the information originally came from.

However, i do understand your concern :-).

Thx!

Securion has our highest recommendations as a gateway and as a partner / company as well. They've gone all the extra miles (and swam some extra oceans lol) to make one of our foster babies come to life as is. Their tech support and overall support is amazing, and their API is really something to experience working with.

Kris, you are working with them :)

Yep Guys Go SecurionPay, Lucas Top guy, low fees, and very good conversions, what else can you ask?

Winnie The Hub

Hey Kris!

Much obliged! I am glad to see your satisfaction. In the name of our tech support team thank you for your comments. I am sure what comes now will be equally rewarding for you as well.

Cheers William!

You are welcome sir :)

Nice payment
 

I like the way Securion does that payment stuff as its somehow clever and intents to have the success. Lets see how this develops. Cheers.:thumbsup

SecurionPay I mean :-)

That's an old rule. It was about linking to other adult webmaster forums. No one cares about it anymore, except for people that feel the need to point it out while not having a clue of their own.

Looks like another Zombaio :helpme

Hello Alex,

Thx for posting in our thread? I guess?

Forgive me for coming to conclusions fast but i recon, based on your last comment, that your knowledge may not be complete when is comes to comparing particular types of processors and their services provided on this market. I hope you would not mind me correcting slightly your statement, just for the records :warning.

A. Securionpay is a payment processing platform - a gateway. We are NOT an IPSP, 3rd party biller or an aggregator

B. Working with Securionpay means you are getting your own merchant account almost immediately and you are getting paid straight by the bank to your account - having that said you get money way much faster, so your cash flow is better. To go further SecurionPay does not even touch your money opposite to IPSP models.

C. On IPSP you are forced you to integrate the system in a way they want you to from A to Z with just a little bit of flexibility if you are lucky. In our case you decide what you want and how you want it to be delivered from the beginning until integration is completed. Let me emphasise this: with SecurionPay YOU decide what is possible.

D. Our API is public and accessible by anyone at anytime (https://securionpay.com/docs and https://github.com/securionpay). And so are our fees and other services/features. Our business model and technology are transparent and built to offer completely hassle-free solution and powerful payment experience. Everything is as straightforward, simple and clear as it should be.

E. Last but not least I personally have been in the processing business for over 10 years and i am sure that if you make further due-diligence or you ask around about that you may learn that our business model is a mirror representation of our values and our approach to business ethic.

I could keep listing further things like differences in the way the payment page is hosted or how we approach chargebacks, fraudsters or risk in general but i think its a matter for much longer discussion which i am happy to conduct with you should you chose to learn more about how different we are in comparison to other known payment providers.

To sum up, as you can see there is nothing that makes us comparable with the other payment provider you mentioned.

I hope my answer is to your satisfaction. THX!

Lucas

10 years? For whom did you work before ?

That's that clown from CommerceGate I met in Amsterdam.

Ok, you had your 1 minute of fame. Please stop wasting my time expecting me to be challenged by obvious trolling. If you want to talk business here I am. For other things you do not have even a fracture of my attention with comments or actions like that.

Signing up few days ago and going into this, not even that fresh thread anymore to provoke or post some silly comments, is something i have seen before happening to others and i do not have high respect for such actions.

I don't know who you guys are or whom or which group's interests you represent but using your anonymity to play your little games is nothing but childish and unprofessional. You could not make it more obvious actually.

Maybe just introduce yourself here, provide your business name (something more than just "traffic") or send your websites. Then possibly we can verify why you are so keen on waving your sword and going through so much effort just post that.

People know you from CommerceGate, your old clients from there read this so should be no surprise questions are asked. No harm done if you don't want to talk about that for whatever reason.