Way4 Fleet Card Issuing & Acceptance Software
Gain full control over your fleet card business and digitalize your services with the top-ranked fleet payments software from OpenWay
Superb Payment Experience for Drivers and Fleet Companies
As a fuel retailer, you want the best service experience at your petrol stations for corporate drivers and individual customers alike. But if your card system or service provider is lagging behind, you lose control over how and when you roll out new features.
To help processors of fleet cards scale and digitalize their business in a timely and cost-efficient way, OpenWay offers Way4 Fleet Card Issuing & Acceptance. The solution caters to two types of clients: those entering the fleet card business and those transitioning from legacy in-house or outsourced systems.
With this solution, fleet card operators can launch payment services which cardholders already expect, and be the first to offer innovative functionality just emerging on the market. Companies can set up new card products and transaction rules with no system customization or OpenWay’s involvement.
All-in-One Platform for Fleet Payments
Way4 Fleet Card Issuing & Acceptance is an end-to-end solution to configure and run any type of fleet payment products on a single software platform. Fleet card processors can move away from complex and hardcoded to flexible and self-configured products and processes.
One modular platform for domestic or cross-border fleet card business: issuing, acquiring, transaction switching, invoicing, settlement, reporting, and digital channels. Card issuers can digitalize their customer experience by offering mobile wallets. Acquirers can process transactions and monitor fraud by simply adding a new module on Way4.
Issuing and acceptance of various payment tools: fleet, bank, loyalty, co-branded and multi-branded cards and wallets, both open loop and private label. For example, a fleet card processor could expand by offering Visa and Mastercard card issuing and acquiring. Or a bank card issuer could start issuing fleet cards for a petrol station network.
Embedded value-added services for drivers: tokenized mobile payments, digital wallets, and loyalty programs based on basket data analysis. This allows you to offer promotions and create personalized offers based on what your customers buy.
Efficient Fleet Administration
Way4 simplifies and optimizes fleet card operations by unifying systems and automating business processes for the card processor and the served fleet companies. For example, the solution automates onboarding of a fleet company, petrol station or a driver, tariff management, invoicing, VAT handling, and comprehensive settlement between multiple parties. Additionally, fuel card processors can manage risk monitoring on Way4 and generate various business reports.
Way4 integrates with the crucial business applications of fleet payment processors such as CRM and ERP via APIs.
Real-Time Payments and Services
The architecture of the platform was designed to support online services. At the moment of authorization, the system checks the security parameters, the card and contract limits, and risk rules. It also analyses product categories, calculates discounts and applies fees. The system checks transaction conditions and can send notifications to the responsible fleet manager if it detects suspicious behaviour or if drivers near their credit limit.
Self-Service Tool for Fleet Managers
Fleet managers can rely on our user-friendly web-based solution, Way4 Fleet Manager Portal, to manage their fleet cards and control driver spending in real time. This simplifies customer support for fleet card processors, as the portal allows fleet managers to perform a wide range of actions themselves without the card processor’s involvement. For example, they can register new drivers, assign cards to drivers and cars and set individual or group limits on fuel and maintenance expenses.
News on Way4 Fleet Payments
Interview: What are fleet cards and how are they evolving?
Walter Van Huyck, OpenWay Fleet Solution Expert, talks about how fuel retailers can grow revenues through their fleet card business.
Benzina ORLEN to manage cross-border payments on Way4
Using Way4, the largest filling station chain in the Czech Republic aims to increase payments efficiency and launch new services for drivers.
Checklist: is your fuel card system future-proofed?
Can you system support mobile and real-time payments? Is it compliant with new regulations? Will it handle cross-border transactions? Challenge yourself using our simple checklist!
Way4 Fleet Cards at a Glance
Any payment instrument
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Credit
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Debit
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Corporate
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Loyalty
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Co-branded
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Prepaid, Gift
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Virtual
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Instalments
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Token
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e-Money
Digital channels
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Digital Wallets
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QR code payments
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NFC payments
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Mobile portal
Cross-border
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Multi-institution management
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Multiple currencies, languages, time zones
Reliability
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Online 24/7/365
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3,200 transitions per second in live
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High availability
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Scalability: S to XXL
Compliance
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IFSF
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PA-DSS
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SEPA
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PSD2
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GDPR
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Shariah
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International payment schemes
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Domestic schemes
End-to-end
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Digital onboarding
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Card issuing & personalization
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Tariff management
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Transaction switching
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POS management
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Real-time fraud prevention
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Loyalty
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Accounting
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BI and reporting
API integration
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ERP
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CRM
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BI
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Mobile / Web portal
Delivery model
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On-premises
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Cloud