WAY4 Merchants

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Overview

Leading acquirers and innovative fintechs use WAY4 merchant acquiring system as their in-house omni-channel merchant acquiring software system. It can be your key to achieving multiple goals:

  • Launch, transform and optimizevarious merchant acquiring business models on the same technological platform - from traditional POS acquiring and e-commerce to smart POS, merchant wallets, invisible payments, in-app and social media payments
  • Expand and scale up your merchant portfolio by offering targeted services to different merchant segments and quickly adapting to new functional requirements and volumes growth
  • Seize new revenue streams leveraging new payment methods and acceptance technologies, mobile commerce, cross-border payments, fleet and transport projects, digital wallets, and many more
  • Become a one-stop shop for a merchant by supporting the entire merchant lifecycle from digital on-boarding and adaptive pricing to online reconciliation and accounting to API-based integration with other critical merchant business functions
  • Optimize your costs by achieving the highest security standards and automating routine back office operations

Key Features

OMNI-CHANNEL

  • Mobile
  • POS /mPOS
  • Smart POS
  • E-commerce
  • Kiosk
  • Host-to-host
  • Agents

MERCHANT: A TO Z

  • Retail payments
  • P2M & M2M transfers
  • Fraud prevention & disputes
  • Merchant payments
  • Accounting
  • Clearing & settlement
  • Analytics & reporting

VALUE-ADDED SERVICES

  • Tokenization
  • Loyalty & bonus clubs
  • Contactless NFC (Apple Pay, Google Pay, Samsung Pay)
  • QR payments: closed-loop, Alipay, mVisa, MasterPass QR, UnionPay QR
  • Digital wallet
  • Masterpass, Visa Checkout
  • Dynamic currency pricing (DCC)
  • Multi-currency pricing (MCP)
  • Recurring / account updater
  • Instalments & sales finance
  • Level-3 data
  • Merchant loans
  • Prepaid cards

FLEXIBLE

  • Product behaviour
  • Dynamic pricing
  • Merchant hierarchies
  • Processing rules

PROFITABILITY

  • Business intelligence
  • Fee prediction
  • Interchange+

DELIVERY MODEL

  • On-premise
  • Cloud

COMPLIANCE

  • PA-DSS
  • Mastercard
  • Visa
  • Diners Club
  • UnionPay
  • American Express
  • JCB
  • Alipay

NEW CUSTOMER SEGMENTS

  • SME
  • Transport
  • Fleet
  • Marketplaces
  • PSPs, payment facilitators
  • PISP

FOR PROCESSORS

  • Multi-institution management
  • White-label acquiring, gateway and wallet

ON-BOARDING

  • Digital and online
  • Merchant Service Workbench
  • Online integration with popular CRMs (SalesForce, etc.)

MERCHANT RELATIONSHIP

  • Personalized pricing
  • User-friendly merchant portal
  • Flexible setup of payments schedule
  • Reporting & statements

CARDS & BEYOND

  • Magnetic
  • Chip EMV
  • Contactless
  • Biometrics
  • Alternative payment methods

GLOBAL AND LOCAL

  • Multiple currencies
  • Multiple countries, time zones
  • Multiple languages
  • Closed-loop

Key Benefits

  • 14% of acquiring transactions in Europe are powered by WAY4 merchant acquiring system
  • OpenWay has an established tier-1 portfolio migrations in various world regions
  • Greenfield project implementations in 3-6 months
  • 650,000 POS terminals and 15,500,000 transactions per day achieved on a single WAY4 installation

Product/Service details

Geographic Availability
Africa, Asia-Pacific, Caribbean, Central America, Europe, Middle East, North America, South America