APImetrics partners with tomato pay to monitor UK Open Banking APIs

By Joy Dumasia

APImetrics has partnered with tomato pay, a QR-code-based payments app for businesses and sole traders, to launch the first independent production monitoring dashboard for Open Banking APIs.

The API.expert dashboard will use tomato pay’s robust Open Banking connections to provide performance metrics on the top 30 regulated Open Banking brands in the UK, including AISP, calls from the leading UK banks, for just $80 a month. This includes data on sandboxes and Open Data APIs.

Tomato pay, a payment technology firm, must assure customers and brands that the connections they rely on are working as expected. This is precisely the challenge that they and others in the banking and open finance sector must overcome.

Through API.expert, the APImetrics new premium service, anyone can see current performance data on production systems from the UK’s leading banks. APImetrics and tomato pay are now expanding the monitoring coverage to include more Open Finance systems across the UK, Europe, and the rest of the world.

Nicholas Heller, CEO and co-founder of tomato pay, said: “For business and brand protection, we needed to know not only what was working, but what potentially was outside our control that might negatively impact us. APImetrics gives us that assurance. One of the recurring problems for our customers and partners, Is not knowing if systems are working or not when they come to make a call because there are no trusted data sources for them to turn to. That’s changing with API.expert Premium and the work we have done together.”

Recently IBS Intelligence reported that A new QR-code payment and invoicing app, tomato pay, has been launched to offer an easy and affordable way for small businesses and sole traders to receive digital payments from their customers. Tomato pay has been created in response to growing demand from SMEs for more affordable non-cash payment solutions and from customers for a more excellent choice when paying for goods and services.