OpenWay expands the boundaries of e-commerce and mobile commerce

Asia Pacific, Central Asia and South Caucasus, Europe, Middle East and Africa, North and Latin America, Digital Wallet, Merchant Acquiring, Payment Switch/Hub, Security/Fraud Prevention, Way4 Product News

May 25, 2014 1 minute read

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.

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 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.

Download Way4 brochure

OpenWay is the only best-in-class provider of digital payment software solutions for card issuing, digital wallets, merchant acquiring, BNPL, transaction switching, tokenization, and fleet payments, and the best cloud payment systems provider as rated by Gartner, Aite (Datos Insights), Ovum (Omdia), Juniper Research, and PayTech. Top-tier banks and processors, as well as ambitious fintech startups, have chosen OpenWay as their strategic partner. With its unique capabilities in card issuing, BNPL, merchant acquiring, transaction switching, digital wallets, and fleet payments, the Way4 software platform guarantees an unparalleled customer payment experience.

OpenWay expands the boundaries of e-commerce and mobile commerce

Recent news

One week to Money20/20 Middle East. Let’s put payment growth in motion.

Two weeks. Two cities. Two huge fintech events. What’s your move?