Fifth Third opens payments platform to developer community

Source: Fifth Third

Fifth Third Processing Solutions, together with IP Commerce, are pleased to announce the availability of e-Similate™, an open payments platform and workflow engine designed to facilitate the delivery of Fifth Third Processing Solutions' comprehensive set of payment transaction processing and acceptance solutions to the software developer community.

The platform combines Fifth Third Processing Solutions' pioneering tier one payment capabilities with a wide range of select third-party services and unique market segment workflows through easily consumable Application Programming Interfaces (APIs) aimed at expediting the creation of innovative new payment solutions that will serve both consumer and business customers. Adding Fifth Third Processing Solutions' rich reporting and processing functionality, these APIs empower developers to process payments for a variety of use-cases right from their applications running on the e-Similate Platform.

"It is important to remain flexible in our technology offering so that we can deliver secure processing options and solutions that will meet the needs of our valued partners," said Bill Weingart, Chief Product Officer at Fifth Third Processing Solutions. "Working with IP Commerce provides us with the ability to deliver just-in-time solutions with the speed and depth of service required to support a growing community of software developers."

"We are pleased with Fifth Third Processing Solutions' decision to work with IP Commerce, and that our product, people and process supports their vision," said Alfred 'Chip' Kahn IV, CEO, IP Commerce. "The alliance represents a significant advancement in enabling payments innovation and continues to validate the importance of the software developer in the payments value chain."

Integration to Fifth Third Processing Solutions' services can be done via readily available, language neutral, APIs from the partners' developer-focused portal

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