<Enhancements to the existing product>
<Configuration requires a separate service agreement>
Now any WAY4 contracts can be grouped and assigned special tariffs or limits all at once, even contracts from different hierarchies. Typically, this feature would be useful for:
Acquirers
applying a discounted merchant service charge (MSC) to different merchants located in the same geographical area
grouping all POS terminals served by the same service company, assuming MSC depends on this company’s fees
Fleet card processors
grouping drivers and gas stations to allow fuel purchasing only at the stations along the driver’s work route
offering fuel discounts at selected stations with lower car traffic
Issuers
testing new marketing campaigns on target cardholder segments, e.g. offering higher cashback to VIP customers of a particular branch
applying transaction limits to groups of corporate cardholders