API penetration testing for fintech and payment platforms

Your APIs move the money, and they are where attackers go first. We test REST, GraphQL, and mobile-backend APIs by hand against the OWASP API Security Top 10: broken object-level authorization (BOLA), broken authentication, missing rate limits, and the payment business-logic flaws scanners never reach. Built for fintechs, payment providers, mobile-money operators, and open-banking integrations across Rwanda, East Africa, and the wider African market.

Methodology: OWASP API Security Top 10 | OSCP-credentialled practitioner | Manual, multi-role testing | Evidence-led reporting + free retest

What we test

01

Authorization (BOLA & BFLA)

Every endpoint, every role, foreign object IDs. Can customer A read customer B's account, or call an admin function the UI never shows?

02

Authentication & tokens

JWT signature and algorithm handling, token lifecycle and replay, refresh flows, and the OTP and PIN mechanisms that gate transactions.

03

Rate limits & abuse

Brute-force resistance on login, OTP, and PIN endpoints, account and customer enumeration, and unrestricted resource consumption.

04

Business logic & integrations

Amount and currency tampering, race conditions on transfers, webhook and callback spoofing, and trust boundaries in open-banking and partner integrations.

What this is

A manual penetration test of your API layer: REST, GraphQL, and the backends behind your mobile apps, USSD gateways, and partner integrations. The attack surface is the API contract, not the user interface, so we test the full endpoint inventory with multiple roles rather than clicking through screens. API testing is also available as one track inside a wider engagement: see our penetration testing service for the full web, network, mobile, and cloud scope.

Methodology

Testing follows the OWASP API Security Top 10 (2023), executed by hand and anchored in how payment APIs actually fail:

Every finding is demonstrated with reproducible proof-of-concept requests, not flagged from a scanner signature. For the vulnerability classes we encounter most in this region, read our field notes on API vulnerabilities in banking systems and mobile money security testing.

Who this is for

The engagement also supplies the technical evidence regulatory frameworks require. For BNR-supervised institutions in Rwanda, see our BNR-compliant penetration testing service. Testing is led by an OSCP-credentialled practitioner whose engagement history spans a Tier-1 Nordic bank red team, a pan-African banking group, and a top-5 South African bank.

Deliverables

Frequently asked questions

What does an API penetration test cover?
Manual testing of REST, GraphQL, and mobile-backend APIs against the OWASP API Security Top 10: broken object-level authorization (BOLA), broken authentication and token handling, broken function-level authorization, rate-limit and resource-consumption weaknesses, abuse of sensitive business flows, and the business-logic flaws specific to payment and wallet systems. Every finding is reproduced with proof-of-concept requests.
How is API testing different from a web application test?
The attack surface is the API contract, not the user interface. Many endpoints never appear in the front end, and the dominant risk class shifts from injection to authorization: who can call which endpoint with which object IDs. We test the full endpoint inventory with multiple roles, which a UI-driven web test does not reach.
Do you test mobile-money and USSD platform APIs?
Yes. Wallet APIs, USSD gateway backends, agent-network endpoints, and the partner APIs that aggregators and merchants integrate against. We test PIN and OTP flows for brute-force resistance, transaction endpoints for tampering and race conditions, and agent endpoints for privilege boundaries. Our guide to mobile money security testing covers the platform-wide picture.
What access do you need to test our API?
Ideally an OpenAPI specification or Postman collection plus test accounts for at least two roles. We can work black-box from traffic capture alone, but gray-box access produces deeper authorization coverage in the same testing window, which is where the highest-impact API findings live.
Will testing disrupt our production API?
We prefer a staging environment that mirrors production. Where production is the only option, we use non-destructive techniques, coordinate rate-limit and brute-force test windows with your team in advance, and escalate anything critical immediately.
How much does an API penetration test cost?
Every engagement is scoped individually based on the number of endpoints, roles, environments, and the depth of business-logic testing required. Share your API inventory or specification and we reply within 24 hours, and a scoped proposal follows within 48 hours of the scoping call.

For the full scope of our manual testing across web, network, mobile, API, and cloud, see our penetration testing service. For what we find in the field, read the API vulnerabilities we find in banking systems and mobile money security testing: MoMo, M-Pesa and USSD.

Shipping or integrating a payment API?

Tell us your endpoint count, roles, and timeline. We reply within 24 hours, and a scoped proposal follows within 48 hours of the scoping call.

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