Interswitch Unveils API Platform for Developers

Interswitch has unveiled its easy-to-integrate Application Programmable Interfaces (API) platform for developers creating digital products and solutions for Africans.

The unveiling event took place in Lagos, where developers were told about the benefits of integrating Interswitch APIs on their products. The API platform includes internal APIs, partner APIs, and infrastructure APIs; designed to strengthen Africa’s digital ecosystem. It also serves as a one-stop-shop for innovators in the tech ecosystem looking to create viable, market-ready products that meet local needs.

Over time, Interswitch has continued to champion the development of the continent’s technology ecosystem through strategic partnerships and the democratization of development and business integration tools that help tech creators and small business owners produce market-ready products in a short period of time.

Speaking at the event, Managing Director, Paymate, Interswitch Group, Muyiwa Asagba, said the technology company remains focused on providing digital empowerment products for developers and business owners building solutions for the everyday African.

Asagba said, “For two decades, Interswitch has consolidated its efforts in supporting the growth of the African technology ecosystem by providing developers with valuable resources that allow them to easily create commercially viable products.
“Beyond that, we also take seriously the need to innovate in order to stay ahead of the pack, which is at the heart of who we are as an evolving technology brand.”
Business Development Manager for Merchant Acquisition at Interswitch, Sunday Olaniyan, said the company has introduced a referral system to reward developers who recommend merchants to use its APIs.
According to Olaniyan, developers will earn 5% of each transaction fee charged by Interswitch to their referred merchants for five years. This is one of many planned incentives aimed at fostering innovation and supporting the creative economy.
Additionally, Group Head, Engineering, Paymate, Interswitch, Abdul-Hafiz Ibrahim, noted that “the launch of our API platform was driven by the need to make API integration seamless for developers without the bureaucratic hurdles that have characterized the API integration system over the past few years.
“Not only are we accelerating product and solution development, but we’re also creating an interface where developers can communicate, share ideas, and deliver solutions at an accelerated pace.”
To expand its goal of creating a sustainable African tech hub, Interswitch remains a strong supporter of initiatives that stimulate conversations around the evolving Nigerian and, in general, African tech ecosystem. This was expressed in its recent support for the Nigerian Fintech Forum, which was attended by seasoned experts from all sectors including Fintechs, telecom operators and banks.