Currencies Direct, the UK’s leading international payments provider, announced the launch of its suite of API services. 

The platform is targeted at large corporates, start-ups and service providers who want to offer a complementary service for international payments.

The API gives developers unprecedented levels of access to Currencies Direct’s digital infrastructure, that facilitates and authenticates cross-border for customers on a global scale.

It gives external developers a chance to experiment and explore every aspect of the Currencies Direct digital experience, including the ability to manage currency wallets, request currency conversions and incoming and outgoing payments as well as undertake cash and settlement management.

Speaking about the launch, Vivek Awasthi, Chief Information Officer at Currencies Direct, said: “The API will give developers access to our digital architecture fabric and we’re excited to see the results of the community’s efforts.

“We believe that the benefits offered through API-based development are the future for our industry. The democratisation of services and increasing shifts towards a marketplace-based structure shows the clear benefits of investing in APIs. The collaborative and open approach to development stands to deliver substantial benefits to consumers and we’re proud to be among the leaders in the industry in this area.”