OpenWay Partners with Visa to Enhance Payment Solutions in Asia Pacific

OpenWay, a digital payment software provider, has announced a collaboration with Visa to streamline the launch of new payment products for banks across Asia Pacific. This alliance aims to assist financial institutions in delivering innovative payment solutions quickly and efficiently.

The partnership addresses the rising demand for agile, secure digital payment platforms amidst growing integration challenges. By utilizing OpenWay's Way4 platform, banks and fintechs can rapidly deploy Visa's payment capabilities. The initiative fosters simplified implementation and reduced deployment times.

Way4 supports a wide range of payment services, offering flexibility through various deployment models, promoting efficient scaling of payment innovations. Recent initiatives include Visa Flexible Credential and Visa Fleet 2.0, with future offerings anticipated.