Juniper Research has ranked Way4 Digital Wallet in the top 5 of 15 digital wallet platforms. Vendor evaluation was based on over 10 criteria groups, including the supported range of payment and transfer types, scale of innovation, and future business prospects.
Way4 Digital Wallet embraces all the latest innovations from the Way4 platform. This includes wallet and card management, multiple e-money roles – individuals, merchants, businesses, and agents. It covers credit, loan, and BNPL, fast customer onboarding, tokenization, and a variety of payments and transfers. Financial institutions benefit from dispute and risk management, collections, omnichannel management, AML and fraud prevention, integration with fiat and CBDC/digital currency platforms, flexible integration with 3rd party services, clearing and settlement, data analytics and reporting. Way4 is known for its rich functionality, rule-driven flexibility, data-driven personalization and APIs, innovation, high availability and scalability. The platform is PA DSS and PCI SSF compliant. It offers various deployment models, including on-premise, cloud-based, dedicated SaaS, and hybrid mode.
OpenWay serves clients on every continent except Antarctica. With over 20 technology hubs, the company ensures both global and regional expertise with a commitment to local support. Its extensive network allows for quick adaptation to regional service specifics and compliance, adding to Way4 Digital Wallet’s global appeal.
"Digital wallet solutions have evolved dramatically from niche payment products to globally predominant payment tools. The current market demands integrated ecosystems offering diverse services based on accounts, cards, wallets, and now also fiat and digital currencies. Through Way4, OpenWay is at the forefront of delivering such comprehensive solutions. Our legacy of leading the digital wallet wave continues, exemplified by clients like SmartPay in Asia, who have skyrocketed to 40 million customers in four years using Way4 Digital Wallet."
OpenWay is the only best-in-class provider of digital payment software solutions, and the best cloud payment systems provider as rated by Aite and PayTech. OpenWay is a strategic partner of tier 1/2 banks and processors, fintech startups, and other leading payment players around the globe. Among them are Network Int. and Equity Bank Group in MENA, Lotte and JACCS in Asia, Nexi and Finaro in Europe, Comdata and Banesco in Americas, and Ampol in Australia.