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OpenWay Expands the Boundaries of e-Commerce and Mobile Commerce

OpenWay, a recognised leader in software solutions for issuing and acquiring bankcards, payment processing, remote banking service and financial transaction routing, has certified WAY4 for acquiring American Express cards in e-commerce systems using the AmEx SafeKey technology.

May 25, 2014

Rapid growth in the volumes of e- and mobile commerce is an unquestionable international trend. Implementation of the AmEx SafeKey technology on OpenWay’s WAY4 platform is an innovation that will allow for free use of American Express cards in WAY4-based e- and mobile commerce systems and e-wallets.

“We have a number of projects with American Express all over the world. A lot of key market players use AmEx products and WAY4 solutions. For instance, joint issuing and acquiring products have been implemented in Savings Bank of Russia, Kazkommertsbank in Kazakhstan, Luottokunta (Nets) processing company in Northern Europe, and Equity Bank in Kenya. OpenWay and AmEx’s plans for the nearest future include projects related to contactless payments using the AmEx expresspay technology and Customer Reward loyalty programme support,” comments Alain Vansnick, OpenWay’s business development director, EMEA.

WAY4 solutions are certified by MasterCard, Visa, AMEX, Diners Club, JCB, CUP. OpenWay supports Verified by Visa, MasterCard SecureCode, AmEx SafeKey solutions based on 3-D Secure protocol.

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