The article contains tips for card issuers, merchant acquirers and digital wallet providers to help them efficiently manage their costs on the cloud.
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Enfuce, a Finnish payment service provider founded in 2016, offers payment, open banking and sustainability services to banks, fintechs, financial operators, and merchants around the world. One of the reasons behind their rapid growth from startup to global provider of cloud-based payment services, is successful partnerships like with Amazon Web Services (AWS) and OpenWay, a global vendor of digital payment solutions.
By running OpenWay’s Way4 payments software platform in the cloud, they provide their clients with a broad range of integrated card schemes and practically every card product available on the market, whether they are pre-paid, debit, credit, or instalments.
In 2019 Enfuce and OpenWay jointly won a PayTech Award as the “Best Payments Solution for Payment Systems in the Cloud” and in 2021 Enfuce became a pioneer in shaping a Card-as-a-Sevice offering for its clients.
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.
