WAY4 Payments

Create a vendor selection project & run comparison reports
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.

Overview

WAY4 Payments software is the foundation you need to grow transaction volumes steadily and compete on price and service.

For business

  • Increase online revenues by enabling digital transformation on a single platform: POS and ATM management switching, omni-channel payments hubs, e-commerce gateway, digital wallets, instant payments, alternative payments, national and cross-border payment switching
  • Orchestrate various systems online into smart services and ensuring convenient security
  • Expand your offer with associated services and3d party partnerships via rich API
  • Provide the best possible customer experience with smart routing, fast time-to-market for new services, high stability, and a wide service offering
  • Facilitate cross-border payments supporting both unification and local specifics
  • Reduce the total cost of payment acceptance with high security standards and daily routine automation
  • Monetize the payment data for adaptive pricing and personalized services and benefit from level-3 data analysis

For CIO

  • Ensure interoperabilityvia a wide range of protocols and the ability to create new ones quickly
  • Connect internalsystems, channels, payment schemes, and 3rd party service providers via rich API
  • Set your rulesfor routing, fees, and fraud prevention that are adaptive to customer behaviour
  • Create your own services using business rules and scripting
  • Achieve high security standards and fraud prevention
  • Be highlyavailable to support millions of transactions per day

Key Features

MULTIPLE BUSINESS MODELS

  • Universal payment hub
  • Wallet payment hub
  • POS / ATM / Kiosk switch
  • E-commerce gateway
  • M-commerce payment gateway
  • Interbank national / regional switch

OMNI-CHANNEL

  • POS
  • mPOS
  • Smart POS
  • ATM
  • E-commerce
  • In-app
  • Chat bot
  • Host-to-host
  • USSD
  • SMS

SMART ROUTING

  • Flexible pricing
  • Tariff-based and event-driven routing
  • Rule-based customer scenarios
  • Level-3 data analysis
  • User defined parameters, etc.

VALUE-ADDED SERVICES

  • Instant Payments
  • Instant B2B, B2C, P2P, B2G, C2G schemes
  • PSD2 Hub
  • 3-D Secure 2.X
  • Tokenization
  • Loyalty
  • NFC: white-label, Samsung Pay, Apple Pay, Google Pay
  • QR payments: closed-loop, mVisa, MasterPass QR, UnionPay QR
  • Dynamic currency conversion (DCC)
  • Recurring, MOTO

PAYMENT SCHEMES

  • Mastercard
  • Visa
  • Diners Club
  • UnionPay
  • American Express
  • JCB
  • Alipay

EASY MANAGEMENT

  • Customization toolkit
  • Flexible integration
  • User-friendly administration console

CONNECTIONS

  • ISO 8583
  • ISO 20022
  • SEPA
  • SPDH
  • NDC+
  • API, Rest API

RELIABILITY

  • Online 24/7/365
  • 2,400 transactions per second in live implementation
  • High availability
  • Scalability: S to XXL
  • Online risk monitoring
  • PA-DSS

GLOBAL AND LOCAL

  • Multiple currencies
  • Multiple countries, time zones
  • Multiple languages
  • Closed-loop schemes
  • Domestic schemes
  • Cross-border schemes

DELIVERY MODELS

  • On-premise
  • Cloud

Key Benefits

Banks, processing companies, telecommunication and fleet companies, national payment switches, e-money institutions and PSPs use the WAY4 universal payment hub all over the world to run local and cross-border payment businesses.

Some our customers’ achievements

  • 34,000,000 transactions per day
  • 2,400 transactions per second
  • 1,400 various payment types on a single WAY4 installation
  • 26 independent banks organised in a regional switch with clearing & settlement on WAY4

Product/Service details

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