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Apple Buys Payments API Developer Stamplay

March 22, 2019

Via: Pymnts
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Apple has reportedly acquired API integration developer Stamplay for 5 million euros ($5.678 million).

The Rome-based startup won a contest to make the best use of new Visa APIs, according to Venture Beat. While it’s unknown exactly why Apple is interested in Stamplay, the fact that the company has experience in the financial payments industry could be beneficial to the tech giant with Apple Pay, its digital payment service. In fact, it is expected to expand the service with a self-branded credit card next week.

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