<New set of product options, separately licensed>
Masterpass QR, a cost-saving alternative to POS terminals, is particularly attractive to SME and micro-merchants. Now WAY4 supports Masterpass-dedicated merchant contracts and account numbers. It creates a personalized static QR code for the merchant to display in a brick-and-mortar store. The code is compliant with the EMVCo QR standard. When buyers scan the code, the payments are processed according to Mastercard specifications. WAY4 also supports reversals and merchant notifications (e.g. SMS) for these transactions.