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OpenWay

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Overview

OpenWay Group (www.openwaygroup.com) is the developer of Way4, a digital banking and payment software platform. It covers every aspect of the payments business — account management, card issuing, merchant acquiring, transaction switching, digital wallets, tokenization, and fleet cards. Headquartered in Belgium, OpenWay has a team of 800 experts at 25 office locations around the globe and serves clients in 83 countries.

Way4 software solutions are used globally by banks, fintechs, payment processing companies, e-commerce and POS acquirers, national payment schemes, PSPs, oil and telecommunication companies, including both tier-1 organizations and startups.

OpenWay is the chosen strategical partner of Enfuce, Finaro, Mastercard Processing, National Bank of Greece, Nexi and Worldline in Europe, Banesco in Central America, Network International in MENA, Equity Bank Group in East Africa, Finnet and LOTTE in Asia/Pacific, Ampol in Australia, and many other organizations.

·Fast launch of scalable payment business models: these include processing for neo-banks, cross-border e-commerce acquiring, digital wallet ecosystems and BNPL.

·Platform flexibility for more revenue from payment services: product configuration, dynamic pricing, data-based personalized services

·#1 global ranking in Card Issuing and Merchant Management: awarded by Aite, also Gartner and Ovum. OpenWay was also ranked a Market Leader in Digital Wallets by Ovum and recognized as The Best Payment Software Solution Provider in the Cloud by Paytech.

·Proven scalability and performance: 23 million merchant acquiring transactions per day processed on the Way4 platform by one client, annual purchase power of the largest debit and credit card issuers on Way4 is 300 billion USD.

·Architecture designed for open payments and faster delivery: Way4 solutions are based on microservice architecture, with the use of open source and cloud technologies. Both OpenWay and client teams can rely on agile and DevOps methodologies to implement solutions.

·Compliant:Way4 meets all requirements of all major international payment schemes and PCI DSS (PA-DSS compliance), relies on international standards such as ISO 20022/nexo and API standards.

·Choice of any deployment option: on-premises, cloud, SaaS, hybrid