The WAY4 Issuing module enables banks and processing companies to issue any kind of magnetic or EMV card-based product: credit, ATM/debit, prepaid, commercial, gift, loyalty, or virtual card, and their combinations.
The basic principle behind WAY4 Issuing is a unified business model that allows various contracts, products, accounts and risk schemes to be described through a set of flexible rules. WAY4 uses a unified database for the back- and front-offices of the plastic card issuing system. The same rules are used when processing both authorisations and financial transactions.
The module is part of various WAY4 solutions. Banks may use it to create their unique payment card-based products and manage millions of cards on a single unified WAY4 platform.