How Payoneer launched configurable PayFac acquiring in two months with Way4

Payoneer needed to launch PayFac acquiring fast — without locking itself into a rigid processing model or taking on the full infrastructure burden of an in-house platform. With Way4 Dedicated Tenant SaaS, Payoneer launched complex acquiring capabilities in two months, while retaining configuration control over merchant pricing, billing, settlement, and payouts.

Why it matters

Launching a PayFac model is not just a payment processing project. It requires control over merchant onboarding, pricing, billing, settlement, reserves, payouts, and operational controls, often across multiple markets and currencies.

For global payment companies, the strategic challenge is balancing several competing needs: speed to market, commercial flexibility, and operational control. Build internally, and time-to-market and cost can expand. Fully outsource, and commercial agility may suffer. Payoneer needed a model that avoided both extremes.

The challenge

To launch its PayFac initiative, Payoneer needed more than acquiring functionality.

The acquiring platform had to integrate cleanly with Payoneer's existing infrastructure, workflows, and operational controls. It also needed to support frequent changes to merchant pricing, payout rules, reserve structures, and settlement logic without creating dependency on long development cycles.

At the same time, Payoneer wanted to validate and scale the model without overcommitting internal resources before the PayFac model had been fully proven at scale.

The solution: Way4 Dedicated Tenant SaaS

After evaluating multiple operating models, including in-house development, on-premises deployment, outsourced processing, and traditional managed services, Payoneer selected Way4 Dedicated Tenant SaaS.

The model gave Payoneer a dedicated Way4 environment with the operational efficiency of SaaS. Payoneer retained configuration control over merchant pricing, billing, settlement, payouts, and services, while OpenWay and its operational partner handled infrastructure, monitoring, maintenance, and platform operations.

This allowed Payoneer to move quickly without accepting the usual compromise between flexibility and operational burden.

Way4 delivered

A dedicated SaaS acquiring environment
Configuration-driven merchant pricing, billing, settlement, and payout logic
Integration with Payoneer’s existing payments ecosystem
Multi-currency acquiring, settlement, and payout support

Business results

Time to market

Go-live achieved in 2 months

Service availability

99.99% scheduled uptime

Commercial flexibility

Configurable merchant pricing, billing, settlement, and payout rules

Multi-currency support

Acquiring, billing, settlement, and payouts across markets and currencies

Operational efficiency

Reduced infrastructure and platform operations burden

Investment model

Predictable SaaS cost structure with lower upfront platform commitment

Strategic impact

Way4 Dedicated Tenant SaaS gave Payoneer a practical foundation to launch and operate PayFac capabilities without taking on the full cost, complexity, and time burden of building or running an acquiring platform internally.

The project showed how a global fintech can move quickly into sophisticated acquiring while preserving control over merchant economics, settlement logic, payout flows, and multi-currency operations.

For fintechs, marketplaces, and global acquirers, the lesson is clear: PayFac acquiring does not have to be a choice between slow internal build and rigid outsourcing. A dedicated SaaS model can offer a middle path — faster launch, lower operational burden, and enough configuration control to adapt commercially as the business scales.

Noa Haelion General Manager, Global Merchant Services Payoneer

“For this initiative, we needed support for complex merchant pricing, multi-currency settlement, payout logic, and integration with our existing payments ecosystem — without requiring us to build and operate the full platform ourselves. Way4 Dedicated Tenant SaaS gave us that balance and the ability to bring new merchant services to market in a fast time-to-market.”

Dmitry Yatskaer CTO OpenWay

“For a global PayFac, the challenge is not only processing transactions. It is managing complex pricing, multi-currency settlement, payout logic, and merchant diversity without slowing the business down. Way4 Dedicated Tenant SaaS gave Payoneer a dedicated operating model with the configuration control needed to adapt commercially and scale efficiently.”