New feature, separately licensed
New Apps for Micro-Merchants
<New set of product options, separately licensed>
Now off-the-shelf WAY4 mobile wallet applications can be used on both sides of a retail transaction – not just by consumers, but also by street sellers and micro-merchants. The new functionality includes:
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Merchant onboarding (registration)
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Instant creation of merchant profiles and business accounts in the solution back end
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QR code payment acceptance, including generation of dynamic QR codes
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Refund initiation by merchant
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Notifications on payment and refund status
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Advertising and other information services for merchants
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Option to transfer the wallet balance to a predefined account at merchant-defined intervals