Way4 Card Issuing Software

For CEOs

• Launch various business models on the same software platform – credit, debit and prepaid cards, fleet projects, virtual cards and loyalty, wallets and tokenization, corporate and family schemes, and much more
• Provide the best possible experience for your cardholders, partners and internal users by delivering personalized services – exactly when and where they need them
• Create new and innovative card products with an exceptional time-to-market and the best functional coverage
• Reduce manual interventions and decrease administration costs by automating and streamlining processes
• Scale quickly in terms of volumes and geographies
• Increase profitability of traditional instruments with smart value-added services
• Become the customer’s top card for third-party services within the open banking ecosystem thanks to your data-rich APIs

For CIOs

• Strike the right balance between standardization that fosters best practices, configuration that uses flexible business rules, and an agile approach to implementing innovations
• Rely on APIs and SDK for internal and external integration
• Run your cards in the cloud or on premise to scale and expand
• Ensure high availability with a platform capable of managing millions of cards
• Migrate your card portfolio smoothly from legacy systems

Way4 Card Issuing is a white-label software platform for end-to-end card issuing and online account management. It is a top choice for ambitious banks and processors of any scale wanting to start or transform their card management business efficiently, improve customer experience, and take advantage of open banking opportunities.

The Highest Ranking

OpenWay was recognized as the highest-ranked vendor of payment processing software platforms in the global market by Aite, a global research and advisory group.

The Aite Matrix: Payment Processing Platforms report showed OpenWay as the only payment software solutions vendor to be ranked  “best in class” for its high scores, both in the product performance and vendor strength categories.

Choose a Platform for New Revenue Streams

Way4 is an integrated platform, so you can implement both classic and innovative business models in payments. As an issuer, you can leverage multiple new opportunities with the Way4 card management system:

• Attract new types of customers. Offer mobile wallet accounts to unbanked customers, private label cards to merchants, and prepaid cards to tourists.
• Build your ecosystem. Integrate easily and painlessly with third-party companies that enhance your customers experience (e.g. scoring, digital identity, wallets providers).
• Increase non-credit revenues. Earn on FX when issuing multi-currency cards, offer instant prepaid or virtual cards for special use (events, one-time purchase).
• Work with merchants. Organize a sales finance partnership with merchants, issue a co-branded instalment card with retailers, lead the loyalty program.

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From Startups to Tier-1

Tier-1 banks and ambitious startups, processing companies and fleet companies rely on the Way4 card management system to run successful card issuing businesses. Our system efficiently processes both large and small volumes. 

• 200,000,000 credit and debit cards managed on a single installation
• 4,300 transactions per second in the live environment
• 14% of cards in Europe are issued on Way4
• 40 banks run on a single installation

Process Cards for Other Issuers

Issuer processors can run multi-tenant environments on Way4. A single Way4 card management system installation comprises these business features:

• Support of different products, services, business rules configurations for multiple independent issuers – even running in different countries and time zones
• Secure user access and data isolation for every issuer
• Compliance with local regulations in multiple countries

Be the Customer's Default Card

Open banking and fintech API-based technologies can improve the payment experience and quality of financial services for your customers. But you need to ensure that:

• Your payment processing infrastructure is ready to work with third-party services - instantly, reliably, and securely.
• The customer will not walk away and will continue using your card to access those third-party services.

The Way4 platform is the only platform with an online back office, meaning that you can instantly create products and services for your customers. With the Way4 card management system at the core of your card business, you can participate in instant payments schemes and provide your fintech partners with online access to accounts.

Extra-mile approach to partnership

Proven migration experience

• Greenfield projects completed in 3-6 months
• Step-by-step migration for complex projects
• Migration methodology ready: from mainframes and open legacy systems (Base24, Vision+, ElectraCard, SmartVista, Compass+, Prime, etc.) to Way4

Speed-to-market

• Out-of-the box packaged card products for quick start
• Quick adoption of innovations: tokenization, open banking, biometrics, digital wallets
• Joint business analysis and pre-sales

Your committed partner

• Business consultancy, technical support
• Long-term partnership
• OpenWay Club: the unique global network of payment practitioners and scientists to shape the future of the payment industry