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Here’s why collaborating with open platforms works for startups

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By Dinesh Sharma | April 11, 2019 | 3 min read

Startups build products on cloud services so that they can access API data like an on-premise database. If an API is on the cloud, it’s on the startup developer’s finger tips. This is why open platforms are indispensable for startups, especially when it comes to payments.

Open payment APIs serve as active ingredients for coding. Leveraging the cloud eco system, open APIs provide fast integration of payments functionality. That’s not all. There are several other advantages.

Here’s an in-depth look at the benefits of utilizing an open platform for payments:

Reduced time-to-market

Deploy proven code, instead of developing it scratch. Our code samples and well-documented APIs help you get started in minutes.

Multi-channel compatibility

Build and streamline purchase flow across web-, mobile-, and app-based product versions with ease.

Secure acceptance

Accept payments securely in compliance with PCI DSS V3.2.1, PA DSS V3.2, VISA PIN certification - PCI PIN V2.0 with KIF & RKI, RBI-PPI SAR and ITGC.

Wide range of payments

Leverage the platform provider’s partnerships with brands, banks, and financial institutions to offer a wide variety of payment methods - credit or debit cards and alternative payments such as mobile wallets, net banking, Dynamic Currency Conversion (DCC) and more.

Innovative features to drive business growth

Deploy features like affordability with brand EMIs, loyalty offers and more to drive sales.

Essentially, startups can create new applications quickly and with ease without worrying about managing billing or account information, processing payments, and retrieving payment information.

With open access to proprietary APIs and continuous support from payment experts, you can focus on what matters the most - innovation around your core competency.

Are you ready to harness the power of Pine Labs’ APIs in your business or application? Sign up here.

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