Sales League Table 2020 | Banking Technology Winners

Results Announced!

IBS Intelligence launches BankTech Daily News

Subscribe today. Limited time offer.

The Black Swan Opportunity | Get your bank digital ready.

IBSI Special 5 Digital Report Package with Special Offer. Subscribe now

India FinTech Report 2020

Insights into the historical and projected market size of key FinTech categories. Subscribe now

OpenWay to enhance speed-to-market with WAY4 Acquiring Start

openwayEuropean digital payments software provider, OpenWay has launched an off-the-shelf acquiring solution, WAY4 Acquiring Start. The solution, that runs in the cloud or on-premise, is expected to assist banks, processors, PSPs and retailers to speed up their merchant acquiring solution.

“WAY4 Acquiring Start is a shortcut for companies wanting to enter the acquiring market startups and tier-1 players alike. As their acquiring ambitions grow, WAY4 lets them gradually extend the merchant offering with value-added services tokenization, e-commerce, digital wallets, loyalty programs, and more,” said Dmitry Yatskaer, CTO at OpenWay.

According to the supplier, WAY4 Acquiring Start aims to provide preset merchant services and tariff plans, POS and mPOS acceptance, out-of-the-box reporting and billing, and PA-DSS compliance. It is also expected to handle lifecycle management including onboarding to reconciliation and settlement.

WAY4 Acquiring Start is a part of the WAY4 Start Set which comprises standardized software solutions for smart market-entry to merchant acquiring, credit and prepaid card issuing, payment gateway and other payment domains.

Recently, FinTech startup SmartPay entered a strategic partnership with OpenWay to achieve its aim of addressing the needs of the Vietnamese population. With this partnership, Smartpay aims to target a market of 25 million individuals and 6 million SMEs in Vietnam.

Related IBS Intelligence Research

Related Posts

Currencycloud to process cross-border payments on RippleNet

Payments provider Currencycloud has partnered with Ripple, announcing it will process cross-border payments on global financial payments network RippleNet. With the partnership, Currencycloud, which delivers embedded B2B cross-border payments for a number of banks and FinTechs, will focus on new territories currently under-represented for small and medium-sized enterprises. This, it said, is in order to […]

This post is only available to members.

Read More »
Techemy, Auckland, DeFi , Finance

Techemy Capital launches DeFi strategies for investors

Techemy Capital (TCAP), a regulated financial services provider and funds management company, announced the launch of DeFi-based investable products to help investors tap into the open finance ecosystem. Run by programmable algorithmic code, DeFi removes middlemen and connects principals directly, thereby reducing capital inefficiency to enable higher yields. Hosted on the TokenSets platform, Techemy’s new […]

This post is only available to members.

Read More »