Pesapal, a payment solutions provider with operations in Kenya and across East Africa, has upgraded its Application Programming Interface (API) to Pesapal 3.0.
This, according to the company, allows for the delivery of enhanced security features as well as an improved user experience/user interface for merchants and consumers across all markets.
As part of the API upgrade to Pesapal 3.0, Pesapal has adopted the 3-D Secure processing for card payments and introduced Sim Tool Kit (STK) for mobile money payments. The changes specify the use of multiple options for step-up authentication eliminating instances of fráud and chargebacks.
Commenting on the upgrade, Pesapal Executive Director Agosta Liko said as e-commerce booms in East Africa, Pesapal continues to invest in innovative technologies to maintain a high level of confidence among consumers and merchants.
“With the explosįve growth in e-commerce, it has become more critical than ever for businesses of all sizes to have robust protection and a clear view of their API suite. We are excited about the promise offered by Pesapal 3.0, and the new features enable us to bring value-added services to the market,” Mr Liko said.
“By meeting the global standard for electronic payments, we are able to materially deal with the risk, leading to an increase in consumer confidence in using credit and debit cards or even mobile money on eCommerce platforms.”
3-D Secure (3DS) is a payment protocol designed to provide an additional layer of protection to help prevent frąud by enabling consumers to authenticate themselves with their payment card issuers when making purchases on digital channels. It also provides merchants and issuers with a seamless way to authenticate cardholders for eCommerce transactions before authorising them.
The key components of the Pesapal V3 for businesses and customers include improved user interface and experience (UI/UX) and 3-D secure processing for debit and credit cards ensuring clients and merchants are protected from frąud.
Through the improved security features, the mobile money checkout process has STK push and a 2-step checkout in case the customer’s phone does not support the feature. Also, the checkout process for debit and credit cards is now simplified to a single form.
For developers, API changed from SOAP to JSON, which is a more straightforward way to consumer APIs.