Way4 Fleet Card Issuing & Acceptance software

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.

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.