Just over 1 year ago, we made the statement in our inaugural blog “never before has the timing been so right to bring together everyone in the payments ecosystem and open a world of possibilities.” The introduction of network-level tokenization ushered in an era of innovation not just with the industry, but for us as well with our Payeezy developer portal and a vision to expose the depth and breadth of all we have to offer from an eCommerce perspective.
Payeezy has now been included in the Active Merchant library. Ruby developers now have two gems to choose from when integrating to our APIs – the ‘Payeezy’ ruby gem and the ‘ActiveMerchant’ ruby gem. These ruby gems significantly decrease the development time required to integrate applications with Payeezy API.
First Data processes nearly half of all US transactions, or $1.7 Trillion in commerce annually in the US alone, which provides the company with unparalleled insight into spending habits across the country. First Data’s SpendTrend® report analyzes credit and debit transactions, as well as EBT purchases. This year, the SpendTrend® report analyzing consumer spending on Thanksgiving Day and Black Friday provides a clear message: Americans still love shopping on Thanksgiving and Black Friday, and online sales are more important than ever.
On Oct 24, the stage was set for the world’s largest fintech hackathon – the Money 2020 Hackathon. There were 500+ hackers from 15 countries in attendance and they had 24 hours to design and develop an application while choosing from the various APIs available from the sponsoring companies. We, First Data, were one of the 10 sponsors of the hackathon. And our challenge was simple –
October 2015 is turning out to be quite an eventful month for us in the Payeezy world. It’s been just over 1 year since we launched our new APIs and supporting developer portal, initially in support of Apple Pay® mobile payments solution. And over the course of this year, we’ve added a number of capabilities catering to many merchants, small and large alike, who are looking to start or expand their eCommerce business. Thank you to the hundreds of partners who have contributed to that success!
We have a new friend – Pivotal Software and you are going to like the things that will happen as a result of this friendship. Pivotal software announced their partnership with us at the Spring One conference held in Washington, DC on September 14. Pivotal software is the company behind popular products such as the “Spring framework” which is an application framework for Java and “Pivotal Cloud Foundry” which is a platform as a service. Hundreds of Pivotal customers and millions of spring developers use these products.
While Payeezy may have joined the party a little late, we are here now and making it count. First Data and specifically Payeezy have been named a finalist in the 2015 Digital Accelerator Awards in the (drum roll please) “Best Developer Experience” category. And we really are only just getting started.
The world’s largest Fintech hackathon will be held in Las Vegas on Oct 24 2015 as part of the Money 20/20 conference. The Money 20/20 conference is organized once a year and is one of the most awaited event in the payments and financial tech space. For the conference this year, there will be 10,000+ attendees from 75 countries, 1000 CEO’s, great speakers and a line-up of engaging events. More information is available in the website - http://www.money2020.com/
One of the most awaited tech-events of this year, the Apple World Wide Developer Conference was held on June 8, 2015 in San Francisco, CA. At the event, Apple announced that it is expanding Apple Pay® beyond the U.S, with the U.K. being the next country to welcome mobile payments on the iPhone 6. Once again, we have been working behind the scenes with Apple to support the launch. Apple Pay® will be available in the U.K. from July 2015.
Every day we, the Payeezy team, strive to bring to our customers the best means to easily access First Data’s assets, services and processes through our APIs. We believe that our work in the last few months is a true example of that. Within the next few weeks, we will be rolling out several updates to our APIs including Apple Pay support for merchants in the U.K. Here is a quick look of what is in store:
International Expansion - Phase 1