American payments processor TransNational Payments has unveiled a new payment API called Pi, signifying perfect integration, to help developers and software vendors navigate the switch to the EMV standard.

The new solution, developed using JSON, enables users to access a “Simple Quick Dip EMV Solution” in one integration.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

TransNational Payments EVP Mark London said: “Our Pi APi was developed using JSON, which we believe makes it unique and more agile since it’s natively spoken by all web browsers and JavaScript engines, meaning any web browser or web-based technology can speak directly to the gateway.”

Pi APi stores all terminal transactions in the gateway.  It also eases the setup process by phasing out the requirement for counter-top and mobile devices to navigate around a firewall.

Moreover, the new solution leverages machine learning algorithms to detect suspicious transactions.

TransNational Payments president Jae Haas said: “Business owners and software vendors were put in a tough position when the EMV liability shift came into play, unfortunately card networks didn’t fully understand the aftermath from an integrator perspective. Business owners were expected to adhere to these new rules and now weren’t protected if there was a dispute if they did not dip the card versus swipe the card.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“It has become extremely difficult for developers to make the transition from card swipe to chip methods, the technical labyrinth you have to navigate takes extensive coding hours and a structural renegotiation, this has been a huge point of frustration.”