Developers are the heroes behind many of today’s tech innovations. They create the apps, systems, and tools we use every day. Both J.P. Morgan and Elastic understand this and are working together to empower developers to improve payment processing. J.P. Morgan is a leader in payments, and Elastic turns data into results with the power of Search AI. Together, they are giving developers the resources they need to build the future of payments.
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Developers and the changing world of payments
In recent years, payments have become more than just moving money. People expect transactions to be quick, easy, and safe. The rise of payment apps has shown that people want smooth, hassle-free ways to send and receive money. This shift has had a massive impact on developers, who now have the challenge of creating seamless payment systems.
Peter Bailey, J.P. Morgan’s product director for developer experiences, explains, “The idea of payments being software has become our area of focus. No longer is it just about exchanging money; it’s about creating a whole payments ecosystem where developers build platforms that make it easy for businesses to integrate payments into their operations. This means developers are leading the charge in how payments are made, received, and processed.”
J.P. Morgan’s Payments Developer Portal
To help developers innovate, J.P. Morgan created the Payments Developer Portal. This portal is a hub where developers can access the tools they need to work with J.P. Morgan’s payment solutions. With self-service access to APIs, documentation, and a sandbox environment, developers can test and experiment with the firm’s systems.
Bailey continues, “We heard from developers that they needed to have self-service access to our documentation, our specifications, and a sandbox to play around with our products.” This feedback from developers was vital in shaping the portal’s design. By providing these resources, J.P. Morgan allows developers to explore, innovate, and figure out how their products can fit into the larger payments landscape.
The growth of the Payments Developer Portal is an accelerator and enabler for developers, as they now have the freedom to test their ideas and build solutions that fit their needs. The Portal is helping them deliver faster, more robust solutions to stakeholders and businesses.
Elastic’s role in payments
Elastic plays a big part in making all of this possible. Its powerful search technology, Elasticsearch, is integrated into many J.P. Morgan payment business applications. Elastic helps developers quickly and easily find the data they need, which is essential when working with complex payment systems and processes.
Bailey explains, “Elastic has a very well-known product in the Elasticsearch offering. And that’s been incorporated into hundreds of applications in J.P. Morgan, specifically within the payments business.” This integration helps developers ensure that payments run smoothly and data can be accessed quickly. In a world where payments are happening faster than ever, this kind of technology is critical.
Helping developers innovate
Developers are often the ones who devise innovative solutions, find new ways to solve complex problems, and push the boundaries of what’s possible. Their ability to think outside the box allows them to create cutting-edge payment systems and seamless user experiences that others might not have considered.
J.P. Morgan and Elastic both understand that investing in developers is vital to driving innovation. Elastic has spent years building tools for developers, and J.P. Morgan is learning from that by creating its developer-friendly environment. Together, they are making it easier for developers to build the future of payments.
Because developers are at the heart of these changes in payment processing, they build systems that enable payments to happen almost instantly. Whether they are integrating a payment button into a website or creating an app that lets users easily split a bill, developers are simplifying the payment process for everyone. By providing developers with the right tools, like J.P. Morgan’s API and Elastic’s powerful search capabilities, their creativity is unlocked. With these resources, developers can craft innovative solutions that will transform how we make payments for years to come.
Building the future of payments
J.P. Morgan and Elastic are working together to empower developers and transform the world of payments. As Bailey notes, J.P. Morgan and Elastic are helping to “open the art of the possible” for developers everywhere.
By supporting developers, J.P. Morgan and Elastic are ensuring that the future of payments is fast, efficient, and easy. Whether for businesses or individual users, the systems developers build will continue to shape the payments landscape. As technology evolves, developers will be there to create solutions that make payments easier and better for everyone.
Learn more about how Elastic and J.P. Morgan are driving payments innovation forward.
The release and timing of any features or functionality described in this post remain at Elastic’s sole discretion. Any features or functionality not currently available may not be delivered on time or at all.
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