iPayment, a provider of payment solutions and processing services, has introduced a new payment gateway – Expinet – to allow developers to quickly capitalize on new opportunities in and around payments.

Expinet, which will offer a streamlined application programming interface (API) to developers, also features a REST API for seamless integration regardless of the programming language.

Leveraging tokenization and encryption, and fraud management tools, the single-stack technology gives developers and their customer access to accept all payment types, including traditional magnetic stripe cards, EMV, Apple Pay, Samsung Pay and Android Pay.

iPayment CEO and president OB Rawls said: “Our new payment gateway not only opens up new opportunities for our existing Agent and ISO partners and our direct sales teams, it also provides us with an incredible new technology platform to drive new partnership opportunities in the integrated space, specifically in the areas of hospitality, healthcare, retail and education.”

iPayment chief information officer Jennifer Terrill said: “We provide a semi-integrated solution that provides developers with all the security, features and functionality they need to complement their technology while still capitalizing on the opportunities in and around payments. And, we provide full support throughout the process, from integration to market launch.”

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