MasterCard Ensures Developers with Words of Commitment in its Developer Declaration

By CIOReview | Friday, July 17, 2015
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FREMONT, CA: MasterCard Open API team, took pen to paper and published their vow of unwavering commitment to the developer community in the Developer Declaration to provide the tools and environment developers need to create the next big breakthrough in today’s app- and mobile device driven world.

MasterCard is making most of its API open and available to create, support and continuously expand a first-class developer platform that encourages innovation and provides an easy, transparent environment to constantly communicate and improve. To become the preferred partner of developers around the world, MasterCard is giving first priority to the developers with assurances such as:

Commitment to Developers

To prove its words of commitment, MasterCard will simplify the onboarding process for developers and partners by providing a seamless user experience and comprehensive support. To value the worth of developer’s contribution, the company will ensure implementation of transparent terms-of-use and clear pricing. Feedbacks from partners and customers will be incorporated into internal enhancement and discussions to make appropriate service, platform or other modifications. MasterCard will communicate more with the developers through forums, social media, websites and events to promote exchange of new ideas that will create ground for innovation.

Commitment to Technology

MasterCard’s API commitment to technology leverages the depth and scope of technological resources such as MasterCard Labs to make new API technologies available to all MasterCard developers. The company makes it easy for developers to effortlessly add payments and commerce components to their ideas. It also facilitates start-ups to grow their businesses, by enhancing existing technology and continuously evolving their platform with the advancement in technology. With this view in mind, developers can expect fresh and relevant tools; reliable and proven technology; straightforward integration of API services; and rigorous analytics tools.

Commitment to Ecosystem

By opening its APIs, MasterCard intends to create an ecosystem that fosters technological advances and innovation. To this end, MasterCard will enable developers to connect with a variety of stakeholders, including consumers, issuers, merchants and other large and small enterprises. Inspire the growth and diversity of the developer community by hosting and sponsoring hackathons and other relevant events, programs and organizations.

“We’re bringing together developers and entrepreneurs using MasterCard APIs to create new applications to drive a new generation of commerce through our products, solutions and services,” said Ajay Banga, CEO, MasterCard.