mobile payments

Merchant Wallet: Q1 2019 update

iOS Version Has Arrived

<A new product, separately licensed>

The WAY4 Merchant Wallet app now works on iOS – with the same functionality that we introduced last year in the Android version. Merchants can:

  • Generate a QR-code for a particular purchase and accept mVisa and Alipay payments from customers

  • Share the generated QR-code (via email, i-message, messengers. etc.)

  • See and filter the transaction history 

  • Receive real-time notifications (SMS, push)

  • Reverse transactions (fully or partially)

WAY4 Merchant Wallet helps decrease the cost of payment acceptance, which is especially attractive for SMEs.

QR-Code Sharing

<Enhancement to the existing product>

Merchants can now share the generated QR-code via channels supported by their mobile device (SMS, email, messengers etc). They can also print out the code and display a physical version of it at checkout. The update applies to both static and dynamic QR-codes. The dynamic QR-code allows merchants to pre-define some parameters of the transaction, for example apply a discount or offer a product bundle at a fixed price.

Transaction History Filters

<Enhancement to the existing product>

Now users can filter transaction history by operation type and period. It simplifies sales analysis for business owners and their personnel. 



Mobile Authentication Application

<Product under development>

OpenWay has developed a special mobile app to improve the cardholder e-commerce payment experience. The app uses biometrics and other user-friendly authentication methods, instead of OTP from SMS. It saves cardholder time and issuer's money usually spent on the SMS service. 

To complete an e-commerce transaction, buyers are usually redirected from merchant websites to the issuer’s portal (ACS). At this point you can offer authentication via mobile. The cardholder receives a push notification from the app, opens it and confirms the payment by fingerprint (or passcode).

 The solution includes:

  • Mobile application for Android and iOS

  • SDK for embedding the authentication functionality into 3rd party apps (e.g. mobile banking app)

  • Application management tools (solution back-office)

  • Interface between the app and ACS