Country
State
Cities
Digital payment software vendor.
1995
NA
50 - 249
Belgium
OpenWay Group was founded over 15 years ago. We develop WAY4, an innovative e-payment processing framework for banks, payment processors, telcos and petrol companies. OpenWay was initially headquartered in Brussels, Belgium with one R&D team there and another in St. Petersburg, Russia. Today we are a global company with 10 offices and 130 customers around the world. Our portfolio consists of WAY4 Digital and Lifestyle Banking, Omni-Channel, Card and Merchant Management, Financial Switching, Prepaid Cards, E-Commerce, Mobile Payments, Digital Wallet, DCC, Fuel Cards, and other solutions.
Explore OpenWay office locations and service areas.
Axisparc Business Centre Rue Emile Francqui 3 1435 - Mont-Saint-Guibert Belgium Mont Saint Guibert Walloon Brabant Belgium 000
32 10 80 01 00
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What is the primary focus of OpenWay?
OpenWay specializes in providing the WAY4 software platform, which is a comprehensive solution for payment processing, card issuing, merchant acquiring, and digital wallet management. The company focuses on enabling financial institutions, processors, and retailers to manage end-to-end payment lifecycles.
Which industries does OpenWay serve?
The company serves a diverse range of sectors including traditional banks, neobanks, payment processors, national payment switches, telecom operators, and large-scale retailers. Its solutions are designed to support both established financial institutions and innovative fintech startups.
What is the WAY4 platform?
WAY4 is a modular, open-architecture software platform that supports the entire payment ecosystem. It handles card issuing, merchant acquiring, transaction switching, digital wallets, and loyalty programs, allowing clients to launch new payment products quickly.
Does OpenWay support cloud-based deployments?
Yes, the WAY4 platform is designed to be cloud-agnostic. It can be deployed on-premises, in private clouds, or via public cloud environments, providing flexibility for organizations looking to scale their payment infrastructure according to their specific operational requirements.
How long has OpenWay been in the payments industry?
Established in 1995, the company has over 25 years of experience in the global payments market. This extensive history allows the organization to provide deep expertise in navigating complex regulatory environments and evolving payment technologies.
Where are the company's offices located?
OpenWay maintains a global presence with multiple offices across Europe, Asia, the Middle East, and the Americas. This international footprint ensures that support and implementation teams are accessible to clients in various time zones and regions.
Can the WAY4 platform handle high-volume transaction processing?
The platform is built for high-performance, mission-critical environments. It is capable of processing massive transaction volumes, making it suitable for national payment switches and large-scale financial institutions that require high availability and reliability.
Does the company offer support for digital wallet solutions?
Yes, digital wallet functionality is a core component of the WAY4 platform. It enables businesses to offer mobile payment services, peer-to-peer transfers, and integrated loyalty programs, helping clients stay competitive in the digital-first payment landscape.
Is the WAY4 platform compliant with global security standards?
Security is a fundamental aspect of the platform. WAY4 is designed to meet stringent global security standards, including PCI DSS compliance, ensuring that sensitive financial data is protected throughout the entire transaction processing lifecycle.
How does the company assist with migration projects?
The company provides specialized migration services to help clients transition from legacy systems to the WAY4 platform. This includes comprehensive project management, data migration support, and technical consulting to ensure minimal disruption to ongoing business operations.
Does OpenWay provide ongoing maintenance and support?
Yes, the company offers long-term support and maintenance services. This includes regular software updates, technical assistance, and access to a dedicated support team to ensure the platform remains secure, compliant, and optimized for performance.
Can the WAY4 platform be customized for specific business needs?
The platform is built on an open architecture that allows for significant customization. Clients can configure the system to meet specific business requirements, integrate with third-party applications, and develop unique payment products using the platform's flexible API framework.
Does the company work with fintech startups?
Yes, the company supports fintech startups by providing scalable payment solutions that can grow alongside their business. The modular nature of the WAY4 platform allows smaller companies to start with essential features and expand their capabilities as they scale.
How can potential clients contact the company for a consultation?
Potential clients can reach out through the official website by filling out the contact form or by reaching out to the regional offices listed on the contact page. The team provides tailored demonstrations and consultations based on specific business needs.
What is the approach to innovation at OpenWay?
The company focuses on continuous R&D to keep pace with global payment trends such as open banking, instant payments, and tokenization. By investing in new technologies, the platform ensures that clients remain at the forefront of the digital payments market.
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