Toronto, Canada-based CoinKite has today announced the arrival of their “Wallet-as-a-Service” API, according to a post published on the company’s official blog.
This new API will allow merchants to get another degree of control over their service, allowing them to view account balances, transactions, send funds, create vouchers, monitor deposits, and more.
Also interesting is the ability to allow these merchants to “drive” their terminals remotely, allowing them to do things like print receipts with customized information on them (as an example, listing the toppings on a pizza — if it’s a pizzeria).
So there’s a ton of things you can do using the API, all of which can be found by following this link.
Here’s what CoinKite has listed for items on the ‘API roadmap’ (quoted):
- More terminal control: allow some “take over” of the terminal so that the QR scanner, magstripe reader, and keypad can be leveraged for your applications. More receipt rendering options.
- Send funds by SMS message (will launch in web UI at same time as API)
- Enhanced event hooks.
- Typically new Coinkite features will be accessible via API at feature launch time.
As far as security goes, CoinKite says they’ve “given lots of thought to security”, adding that API keys can be limited by function, amount, IP address, and more.
Overall, some pretty interesting information. Here’s the link again to the blog post.