<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:
Merchant onboarding (registration)
Instant creation of merchant profiles and business accounts in the solution back end
QR code payment acceptance, including generation of dynamic QR codes
Refund initiation by merchant
Notifications on payment and refund status
Advertising and other information services for merchants
Option to transfer the wallet balance to a predefined account at merchant-defined intervals