New Reporting Engine for Mandatory IPS Reports

<Product enhancement>

<For those clients who are generating mandatory IPS reports in Way4 Datamart using Oracle reports and for those clients who use Way4 Datamart and want to generate IPS reports there>

Now Way4 can generate mandatory payment scheme reports with no dependency on Oracle Reports. We have migrated this functionality to a new data structure. It will help prevent any service interruption in the future when Oracle Corporation ends its support of Oracle Reports (according to its announced plans).

Technically, these new reports are built using Java Pipe Engine, Way4’s proprietary technology. It means that OpenWay customers won’t have to depend on Oracle Reports or another paid or free reports platform. The necessary functionality is delivered to them as part of Way4 Datamart.

Our new technology supports generation of:

• Quarterly mandatory Amex, Mastercard and Visa reports

• Reports for Apple Pay, Google Pay, Samsung Pay mobile wallets. Please note that a separate license is required to generate reports for each of these wallet brands.

The reports are generated in MS Excel format and can be exported in CSV format for further processing and submission.

Please contact your BRM to arrange a migration project from Oracle reports to the new reporting platform.