New APIs (Web Services) Available

<A new set of product options, separately licensed>

Now there are more actions that WAY4 can take upon request from various external systems.

On the issuing side:

• Recall of internal fund transfers or payments to/from WAY4 card/account. This “reversal” service may be requested by a core banking system after the bank moved funds or made corrections on customer accounts, and then balances in WAY4 system should be updated too.

• Re-issuance of a virtual card with a new expiry date and new PAN. The new card is linked to the same account, while the old one is blocked.  

On the acquiring side:

• Adding a merchant to the stop list, if requested by an external risk management system