Top must-haves of a payment API

An API is the connection between a computer engineer and the application they create. It acts as the “middleman” accepts messages, passes them on as requests and then returns data to the message sender. A user could ask the middleman to return information, such as a list of customer names. Alternatively the user could send information to the middleman, for example when creating a new subscription for a customer.

Know that you know that an API works, here are some tips that will help you choose the right API for your business:

  • All documentation should be comprehensive and regularly updated. At Centrobill, we have complete reference documentation which is automatically updated whenever we make changes to the API, plus detailed guides that direct new users through the necessary steps to get started with their integration.
  • The API structure needs to be consistent, logical, and easy to follow as you’re going through the integration process. There should be clear error messages when something is not right.
  • If you are starting, check the amount of time that the API is operational. Is the API highly available and will it be up when you need it to be?
  • It is crucial that your service provider offers clear communication regarding the status and consistently posts any updates about changes in the platform.
  • Support should be provided by a dedicated team of API specialists who have the knowledge to solve your problems quickly and efficiently.
  • Keeping your data secure is especially important when speaking about payment API. It should be possible to easily change or rotate credentials (such as API keys) to restrict access if required (so machines can only read your data, not modify it) and encryption should be strong enough to keep your data secure.
  • A smooth transition, when a new version of the API is released, is always appreciated. It will help you move on and get accustomed to using the new features.
  • While building your integration, you will need to do several tests, as you won’t want to use real bank account details or take real payments. It is important to consider whether the API provides a sandbox or environment where you can experiment with dummy data.

At Centrobill we are committed to security, quality and maintenance via constant updates. We keep in mind every feature that adds up to a great API, and go the extra mile to make sure they’re always performing strongly. Are you ready to grow your business with Centrobill? Check out our developers page.