Alternative Payments, a leading provider of fully-integrated B2B payments and checkout infrastructure, has launched the Alternative Payments API. This developer-friendly REST API is designed to give Managed Service Providers (MSPs) full control over their billing operations, offering a range of features to automate and streamline the payments process.
With this API, users can generate hosted payment links, issue and manage invoices, track payments in real-time, reconcile payouts, and integrate directly with quoting tools, PSA platforms, and accounting systems. The Alternative Payments API simplifies complex billing workflows, making it easier for MSPs to speed up their quote-to-cash processes from payment links to transaction confirmations.
Quick Intel
New Alternative Payments API helps MSPs automate billing and payments.
Enables generation of hosted payment links for existing invoices.
Features include transaction tracking, invoice handling, and payout reconciliation.
Secure OAuth 2.0 authentication with rate limiting and encrypted API keys.
Self-service API key management via Alternative Payments dashboard.
Integrates with PSA platforms, quoting tools, and accounting systems.
Key Features of the Alternative Payments API
The Alternative Payments API offers a comprehensive suite of features designed to optimize payment and invoicing workflows:
Self-Service API Key Management: Users can generate, view, revoke, and rename API keys directly from the dashboard.
Payment Link Creation: Create hosted payment links for invoices, enabling seamless hosted checkout experiences.
Transaction Status API: Check the status of payments instantly, enabling automatic updates to workflows and customer communications.
Secure Authentication: With OAuth 2.0 token-based access, rate limiting, and encrypted API keys, the API ensures high levels of security for transactions.
Customer Management: Create, update, and archive customer records to maintain organized data.
Invoice Handling: Issue detailed invoices with line items, taxes, and discounts, and provide downloadable PDF links for recordkeeping.
Transaction History: Search and filter past transactions by customer, invoice, status, or date to drive reporting and automation.
Payout Reconciliation: Gain access to detailed payout data and build automated bookkeeping workflows, making reconciliation smoother and more efficient.
Simplifying Automation for MSPs
Baxter Lanius, Founder and CEO of Alternative Payments, expressed his excitement about the launch: "We're thrilled to introduce our new API, designed to help MSPs stay competitive in a rapidly evolving market. As automation reshapes everyday life, MSPs need greater connectivity and agility to better serve their customers. Whether you're sending simple payment links or running complex billing automations, the API adapts to your systems to help make workflows seamless."
This new API is designed to support MSPs in automating routine billing tasks, enabling them to manage invoicing and payment processes more efficiently and with greater ease.
The introduction of the Alternative Payments API offers MSPs the tools they need to streamline billing operations, improve payment tracking, and reconcile payouts more effectively. This API provides the flexibility and control required to stay competitive in a fast-paced market while simplifying complex payment workflows.
About Alternative Payments
Alternative Payments is a B2B payments and checkout infrastructure company. Alternative Payments' end-to-end payment platform provides immediate access to merchant services, including credit card, ACH banktransfer, and client-facing financing (B2B buy now pay later). Its software fully integrates with a company's ERP and/or accounting software, tracking all accounts receivable, reconciling all payments, and accelerating a client's time-to-pay. On average, Alternative Payments customers are paid 40-50% faster driven by automated workflows.
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