Bank of Astana implemented Way4 OpenWay company

Bank of Astana operating in 5 regions of Kazakhstan announced^[1] about start of card business on WAY4 platform of OpenWay company - the software for issue and acquiring of bank cards, service of payments, RBS and routing of financial transactions.

Need to start own processing center of bank in record-breaking short time became the main objective set for the OpenWay commands and bank of Astana. The requirement was dictated by rapid growth of business of bank – the bank is going to start card business from scratch and by the end of 2015 to issue 30,000 payment cards. Implementing solution managed to be completed in 3 months.

Within the project the OpenWay company delivered to bank the processing solution allowing to release and service debit products including MasterCard PayPass proximity cards. The project also assumes integration with ATM network of partner bank. In the nearest future the Bank of Astana is going to begin issue on WAY4 system of credit cards and the credits with payment by installments and also to start a system online risk monitoring of transactions of WAY4.

"The bank of Astana positions itself in the market as bank of new generation. We aim at that our financial services were the extra quality and by that exceeded customer expectations. Solutions of OpenWay company gave to our bank the chance to offer retail clients modern and innovation card products", - the vice chairman of the board of Bank of Astana Yulia Kim comments.

"The card market of Kazakhstan is very dynamic therefore it is very important quickly to react and be able to modify the business according to trends and technology changes. WAY4 platform selected by Bank of Astana allows to make flexible configuration of products, providing at the same time scalability and reliability of a system", - Dmitry Dovgal, the associate director on business development of OpenWay company notes.

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