Way4

WAY4 is a processing platform developed by OpenWay Group.

The WAY4 product distinguishes the level of security confirmed by international certificates, the volume of processing operations per second and the speed of processing transactions. WAY4 use more than 100 banks in various countries, for example, in Russia WAY4 uses technology. Sberbank of the Russian Federation Internet Mobile banking, ATMs, and networks also work on the WAY4 platform. POS terminals

WAY4 is a fully functional platform for electronic banking, processing payment and non-payment cards and omni-channel remote banking. The platform's capabilities provide support for services such as e-wallets, issue of plastic cards from retailers and branded bank cards, trading acquiring, financial switching and channel management. WAY4 serves as the basis for building digital banking solutions, national or local payment systems and is used by leading banks, payment operators and payment gateways around the world.

In the context of digital transformation, banks, processing and telecommunications companies, retailers and e-commerce enterprises are faced with the task of revising business models and changing approaches to customer service, technology adoption and interaction with partners.

The WAY4 solution from OpenWay is used to create a single payment space that provides online routing of authorization requests and clearing of mutual settlements between banks participating in the Universal Electronic Card (UEC) project.

According to RBC's rating, they collectively serve more than 90 million active bank cards in Russia. OpenWay customer banks use the WAY4 technology platform to process financial transactions across all card types and a range of other services. "A national project requires the vendor first of all the reliability and ability to work with huge amounts of data. At the same time, it is necessary to ensure the ease of connecting new participants to the UEC project, which the WAY4 system copes with.