News & Blog

OpenWay on the future of national payment innovation: highlights from CAFS 2025

Written by Admin | December 11, 2025

On November 15, 2025, OpenWay’s Irina Kamkhadze, Head of Global Partnerships with Payment Systems, took part in the Central Asia Fintech Summit | CAFS in a panel discussion: “Experience in implementing national payment solutions”.

As the technology partner of the National Payment Corporation of Kazakhstan, OpenWay brings decades of innovation and a proven track record of supporting hundreds of payment institutions globally. Our flagship platform, Way4, is recognized for its reliability, scalability, and flexibility — qualities that make it a natural fit for national-level payment infrastructure.

OpenWay has accumulated extensive experience powering national payment ecosystems around the world. This global expertise provides valuable insights that can be applied to the fast-evolving payment landscape of Kazakhstan.

Way4: a platform built for national ecosystems

Way4 is more than a transaction processing engine. It is a modular, unified platform on which all payment types and ecosystem participants operate on a single core. This universal architecture enables:

  • seamless integration with dozens of existing national switches,

  • transformation into a full technological backbone for national payment schemes,

  • high availability and advanced security for processing millions of transactions.

In Kazakhstan, Way4 has become the integration hub that connects payment technologies across generations — from traditional card infrastructure to advanced, next-generation payment tools co-developed with the National Payment Corporation and key market participants.

A dynamic and strategic partnership with Kazakhstan

Our collaboration with the National Payment Corporation of Kazakhstan is OpenWay’s newest national-level partnership — and also one of the most dynamic. The speed, scale, and boldness of joint innovation stand out even on the global stage.

Recent milestones include:

  1. Issuing and acquiring CBDC cards powered by the digital tenge

  2. Integration with leading cryptocurrency exchanges

  3. Open APIs for banks and fintech companies of all sizes

These achievements reflect the country’s ambition to build a modern, open, and rapidly scalable payment ecosystem.

Global experience, local impact

OpenWay supports nationwide payment infrastructures across multiple regions, bringing valuable experience to Kazakhstan:

  • Bulgaria: Way4 serves as the technological foundation of BORICA, the national processor serving banks across the country.
  • Bangladesh: Way4 powers the National Payment Switch of Bangladesh, the unified national payment platform.
  • Indonesia: Nationwide switch Finpay is built on Way4 and seamlessly connects card, QR, and wallet payments across the country.

Setting new standards for national payments

Modern national payment schemes demand open technologies, rapid scalability, and the ability to support innovative financial services. With Way4, countries gain a future-ready platform that encourages competition, fosters innovation, and guarantees operational excellence at scale.

OpenWay is proud to bring its global experience to Kazakhstan and contribute to building one of the most innovative national payment ecosystems in the world.