Magento is a popular open-source e-commerce platform which is highly customizable and has all the features to build a shopping website. Quite often Magento has to work with other applications and for this, Magento provides both REST and SOAP APIs. API provides you with the ability to manage your eCommerce stores by providing calls for working with resources such as customers, categories, products, and sales orders. It also lets you to manage shopping carts and inventory. Both sets of API allows to carry out more or less the same operations to Magento data.