Balanced is the white-label payments API behind many of today’s most innovative eCommerce companies like redditgifts, Crowdtilt, Gittip, and hundreds more. Their API provides payment processing, escrow, and ACH payouts in one simple REST API.
One of the most interesting things about Balanced is that they’ve opened up almost everything they create: client libraries, internal services, even their Ember-powered dashboard. Basically everything but their core fraud algos and code that touch the banks is open sourced. This means that as a member of their community, you can help make Balanced exactly what you want!
Special thanks to Balanced for sponsoring the RSS feed this week.