We’ve been working hard to add new features to our core product, the most exciting of which is Cash Manager. It’s quite a shift in the way we think about payments and conversions in the office and as such APIV1 didn’t feel like the right way to deliver this feature. So we’ve taken some time over the past few months to listen to your feedback and produce a new version of the API that works for you.
Our Payment Engine Two was built by developers, for developers. And we have been dogfooding the API to make sure that it really is as straightforward to use as we had hoped. Here’s what you can expect:
Ease of use
The API closely matches the workflow steps that need to be taken to use our services and we have put together clear documentation to help developers understand each API call. You can find this documentation in our new Developer Center. For existing customers it is easy to upgrade by following the migration guide.
More transparency
This API will give you access to our Cash Manager offering which allows customers to view and manage balances and transaction history in multiple currencies in real-time.
More security
At your request we can restrict access for your API key by IP address. This ensures that requests come from a known range and prevents anyone from making payments from your balance outside of your systems.
Clean compliance
We’ve done a lot of work to ensure that compliance regulations for the payer and beneficiary details of a payment are easy to understand and easy to supply. Compliance is a constantly changing landscape but we’re confident that we’ve reached the right balance between regulation and ease of use.
Speed
While it’s not a direct relation to the API, it’s also exciting for us to talk about speed. We’ve been growing at a fantastic rate and we’ve been making some changes to ensure our system will cope with all of these payments. We’ve thrown a lot of hardware into the mix and are now focusing on making sure our software makes the best use of those servers.
Alongside our upgraded Payment Engine, we have launched our new interactive Developer Center. There is a smart feature where you can try the API in a sandbox against our demo environment to see real-time responses to your requests. You’ll need to have a demo API key set up to use it. We’ve also created a migration guide (coming soon)
for our existing customers to make upgrading easy. Along with this, you’ll find all of our documentation with clear examples, specifics required, optional field details along with error codes information.
Want to speak to someone at Currencycloud to see how Payment Engine Two can work for you? Please contact your relationship manager. Or to access our API definitions in RAML format, visit Github.com/currencycloud