The WAY4 Acquiring module was designed to enable efficient acquiring businesses through POSes, ATMs, self-service kiosks, Web and mobile banking. This module provides banks and processing companies with flexible software instruments for innovative services and managing efficient large-scale acquiring.
The basic principle behind WAY4 Acquiring is a unified business model that allows various contracts, products, accounts and risk schemes to be described through a set of flexible rules. WAY4 uses a unified database for the back- and front-offices of the plastic issuing system. The same rules are used when processing both authorisations and financial transactions.
The module is part of various WAY4 solutions. Bank may use it to create their unique payment card-based products and manage millions of cards on a single unified WAY4 platform.