Way4 CaaS platform
Way4 Card-as-a-Service (CaaS) is a unique card issuing software solution based on the award-winning Way4 digital software platform. It is designed for CaaS providers who prioritize a superb digital-first customer payment experience and innovative processors who look to serve digital banks and new-generation fintechs. The solution is powered by a flexible online product and service core with fast time-to-market, scalability, real-time processing, and a wide set of data-rich APIs. Way4 CaaS delivers high availability 24/7 even during upgrades, both on premises and in the cloud. It can be delivered as a modular software platform or as a dedicated SaaS.
These Way4 CaaS features give CaaS providers and processors everything they need to provide their bank or fintech customers with unique and personalized offerings. They also deliver the flexibility to adapt quickly to changes in payment behaviors and customer needs.
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End-to-end solution: CaaS providers can enable financial and non-financial companies to issue cards: debit, credit, prepaid, virtual, commercial, payroll, and combined.
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Unique Way4 online core: any product and service parameter can be configured online, allowing the creation of multiple online rules for data access, pricing, events, risk management, notification, and customer engagement.
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Flexibility: personalized card programs and services can be easily designed, developed, launched, and managed to create a unique value proposition within a short period.
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Efficient multi-bank platform: allows processors to run an unlimited number of different bank product portfolios on the same instance, and the same modules and configurations for several or all financial institutions. At the same time, it saves unique and personalized configurations where needed.
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Scalability: from thousands to hundreds of millions of cards.
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Compliance with ESG regulations.
Among our partner success stories is Enfuce, a cloud payment provider offering CaaS on the Way4 platform to banks and fintechs. OpenWay and Enfuce jointly won a PayTech award in 2021 as “Best Solution Provider for Payment Systems in the Cloud”.