The Collaborative Commerce Network
Whether your software supports credit card transactions, manages direct deposit, handles gift cards, all of the above, or you want it to, integrating with the IP Commerce Platform gives your applications easy access to a world of payment services and service providers.
David Evans | Market Platform Dynamics
Innovation in this business is moving to "the cloud". …Market Platform Dynamics are working closely with the leader in this area, a Denver based company called IP Commerce. It's developed a software platform that sort of sits on top of the payments system, you can think of it as Windows for the payments system. It works with point of sale devices like Verifone and processing platforms like those operated by First Data Corporation, in much the same way that Windows works with printers and other peripherals.
Other companies can then build applications on top of the IP Commerce Platform; that moves innovation out to the edge of the system away from the old messy plumbing out to the edge of the system. Paysimple, another company we're working with, has a web based application that allows SMBs to quickly accept multiple methods of electronic payments and to integrate all of their transactions directly into their accounting software.
The Platform is an open commerce destination based on service-oriented architecture. It offers on-demand access to the next generation of commerce services, and because of its inherently open standards, the time and cost associated with creating new integrations is significantly reduced. Once your application is ready to transact on the Platform, adding new commerce functionality (attaching a gift card feature to a POS application, for example) is as simple as finding an appropriate service and service provider.