OpenWay WAY4 Host Card Emulation (Way4 HCE)

WAY4 Host Card Emulation is a software solution to support cloud technology, taking into account the specification of the international payment system Visa.

Designed to work with the payment service via a mobile phone.

The purpose of the HCE WAY4 is to help banks instantly issue a virtual card on the client's phone. Using the technology, you can make a regular client card contactless and add it to your smartphone, you can release a mobile copy of the lost card, create a new mobile card for the client while it is plastic in the production process. To use the service, the client needs to download the WAY4 HCE application from Google Play or the bank's website, personalize it and link a valid map to the application, or create a new one.

To support the service, the developer provides the bank with a cloud server, where all client data necessary for authorization of operations is safely stored. At the time of payment by the client at the POS terminal, the system accesses the security element in the WAY4 cloud server, where it receives the necessary key to make a transaction.

The WAY4 architecture provides a completely secure environment for mobile contactless payments that meets the requirements of international PCI DSS standards, since the financial information of the client is not stored in the mobile device.

Moving a security element from a phone SIM card to the cloud is equally important for banks and trade and service enterprises. It means exclusion from the payment process of an intermediary - a mobile operator or another trusted service operator (TSM).

This solution - the ability to instantly release an NFC card - opens up opportunities for banks to attract new customers. The bank will be able to offer prepaid virtual cards to potential customers not using traditional sales channels: via the Internet, mobile points of sale and at events. Replenishment of the card balance is possible in any way convenient for the user.