<New feature, separately licensed>
Now processors using Way4 can offer each client the option of managing its own stop list. It results in more personalized processing services, and potentially higher turnovers. Even if a client may need to decline certain transactions due to specific business or regional regulations, Way4 could still accept those transactions for other clients of the same processor.
On the acquiring side, each merchant can indicate which BIN ranges and cards should be automatically rejected. On the issuing side, each financial institution can have its unique list of merchants whose transactions should be declined.
Decentralization of stop lists does not slow down Way4’s processing performance.
