<New option, separately licensed>

Now Way4 can perform real-time payouts, where funds are transferred from an internal account to an external account, satisfying requests from third-party systems. Various parties will get quicker access to their money, increasing their loyalty.

For example, an acquirer can let merchants initiate payouts via a proprietary marketplace and route these requests to the Way4 acquiring back end. The transfer will happen in real time, unless there are insufficient funds or the requested amount exceeds pre-configured transfer limits.

Way4 can process payouts not only from a merchant account, but also from a wallet user’s e-money account. The destination may be a bank account or a card managed outside of Way4. Reversals for these transactions are also supported. This API was created for companies using Way4 Transaction Switch.