OpenWay Launches Innovative Payment Software Solution Across North and Latin America

OpenWay Launches Innovative Payment Software Solution Across North and Latin America

OpenWay has launched a groundbreaking payment software solution designed specifically for banks, credit unions, processors, and fintech companies in North and Latin America. This innovative approach aims to enhance the efficiency and effectiveness of payment systems in these regions.

Introducing the Way4 Platform

The Way4 platform has gained recognition from industry leaders such as Aite and Juniper Research for its comprehensive functionalities. It serves as a robust solution for:

  • Issuing
  • Acquiring
  • Payment Switching
  • Digital Wallets

Benefits of the Way4 Platform

One of the primary goals of the Way4 platform is to assist financial institutions in transitioning from outdated legacy payment processing systems. Its flexible architecture empowers institutions to:

  • Launch personalized payment services with ease
  • Support various payment technologies, including:
    • Real-time payments
    • Buy Now, Pay Later (BNPL)
    • Embedded finance
    • Central Bank Digital Currency (CBDC) cards

Features and Deployment Options

The Way4 platform is equipped with a range of features, including:

  • APIs for seamless integration
  • High processing capacity for efficient transactions
  • PCI security compliance to ensure data protection

OpenWay offers multiple deployment options for the platform, including:

  • Cloud-based solutions
  • Dedicated SaaS environments

This flexibility allows clients to tailor their system setups according to their specific needs, which is increasingly important for organizations looking to reduce costs and enhance their time-to-market.

OpenWay’s Expansion and Partnerships

Previously, OpenWay has played a crucial role in helping European acquirers broaden their merchant bases and has partnered with Card-as-a-Service providers to launch cloud-based card issuing services. Now, as OpenWay expands into the Americas, it is supported by strategic partnerships with reputable firms such as Accenture, Deloitte, and Infosys. Collaborations with Visa and Mastercard further bolster the company’s initiatives to drive digital transformation projects in these rapidly evolving markets.

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For more information on OpenWay’s innovative payment solutions, explore their official website at OpenWay.

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