<Product enhancement>
<Configuration requires a separate service agreement>
Now corporate and fuel card processors can more easily configure in Way4 pricing schemes that are based on types of purchased goods.
Earlier, we introduced a pricing engine in Way4 based on multi-dimensional transaction classification. It allows acquirers to differentiate merchant fees using combination of multiple transaction parameters. This new approach significantly simplified the setup of comprehensive pricing schemes in Way4, and our new release goes even further.
We have extended the list of transaction parameters that can impact the fee. Now it includes dimensions from goods handbooks such as a goods item, goods group, category, and product nomenclature. For fuel card processors, particularly, the new pricing engine simplifies configuration of custom-tailored pricing for various fleet companies and fuel stations in the Way4 system. Please contact your BRM to find out how you can benefit from it.