Tribe Payments has announced its payments sandbox environment. Tribe’s sandbox is free-to-use and, in an industry first, provides access to APIs across both issuing and acquiring.
Issuers and acquirers must be able to handle speed – payments must be processed on time and scale – systems need to handle high and often fluctuating volumes – to perform well. For developers looking to launch a new card proposition or acquiring functionality, understanding how a product would perform in a live production environment is challenging. Furthermore, it is near-impossible for developers to experiment with back-end payment APIs to build new features and capabilities.
To address these challenges, Tribe’s sandbox allows banks, challengers and fintechs to explore, integrate and experiment with all of Tribe’s APIs. Developers can complete a technical integration that will reflect how the API would work when live. Once the developer is happy to move into production the service can be made “live” at the flick of a switch.
Tribe’s sandbox allows banks, challengers and fintechs to explore, integrate and experiment with all of Tribe’s APIs.
Tribe provides all aspects of payments using a modular platform to businesses – predominantly acquirers and issuers – that serve merchants and consumers across the globe. But the developer sandbox opens up the possibility of organisations and businesses outside of this core audience to experiment and develop new ways of using and offering payments.
“Nimble fintechs and fast-following incumbents need first mover advantage to win over innovation-hungry consumers and gain market share. This has led to a technology arms race, where payment providers are seeking the next “killer app” that will give them an unfair competitive advantage,” said Alex Kelly, VP of Product, Tribe Payments. “But developers at these firms are hamstrung by environments that don’t allow them to test and experiment quickly and easily. As the first sandbox offering free access to APIs across issuing and acquiring, we want to change that, as well provide a safe environment for non-traditional providers to develop services.”
“Nimble fintechs and fast-following incumbents need first mover advantage to win over innovation-hungry consumers and gain market share.”
Tribe Payments officially launched in June and is the first European issuer processor to be certified to allow banks to issue UnionPay International cards. Certification from Mastercard and Visa means that organisations that use Tribe’s technology can issue cards and process payments using the biggest card schemes in the world.