WingCash Open API
The WingCash Open API is a digital cash as a service platform for adding
cash as a payment option and building open and closed loop digital financial solutions.
The WingCash Open API is a software platform that allows companies and organizations
around the world to add cash as a payment option to their website. WingCash supports
both national currency and closed-loop currency. National currency support is designed
for financial institutions like banks and credit unions, payment processors, money service
businesses, and governments. Use closed-loop currency to create
gift currency, loyalty programs, rewards networks, game currencies, promotions, store credit,
and other stored value systems.
The right financial tools are key to helping families rise above poverty, protect
their earnings, and avoid debt, but people in developing countries lack access to digital
financial services. The WingCash Open API is a digital cash as a service (CaaS) platform
that enables the creation of closed loop and open loop cash solutions.
Immediate, final cash transfers
Send cash to any email address
Gift, loyalty and rewards cash
Promotional cash that expires
Offers (free, funded, or for purchase)
Multiple issuers / providers
Deposit to a bank account
Social media integration
Point of sale app
RSS / Atom / JSON feeds
API for mobile apps
WingCash represents all money as a collection of cash notes with unchangeable value.
There are no account balances; every holder simply holds a list of
bills and coins. This concept is more powerful than account
balances because it lets the system reason clearly about
complex money flows.
Every transfer is executed by a small computer program called a
workflow. A workflow is a series of automated and human steps.
Each transfer provides a complete and faithful record that users
can view and interact with.
WingCash is composed of microservices designed to be spread
out among several servers for scale and security. At deployment,
you can mitigate certain security threats, such as image
decoding attacks, by installing internal firewalls to prevent
services from accessing each other inappropriately.
You can hold multiple types of cash, so WingCash helps you
spend your cash in order of liquidity.
For example, if you have national currency, rewards cash,
and merchant-specific currency, the WingCash liquidity
algorithm helps you spend the merchant-specific currency
first, the rewards cash second, and the national currency last.
WingCash builds upon
and many more open source projects.
WingCash is enormously grateful for all the foundational work.