OpenWay, headquartered in Leuven, Belgium, is a global payment technology provider renowned for its award-winning Way4 platform—a next-generation digital payments and card processing solution used by financial institutions, fintechs, central banks, and national switches in 100+ countries.
Ranked consistently #1 by Gartner and Aite-Novarica Group for high-performance card issuing, merchant acquiring, and digital wallet infrastructure, OpenWay is trusted by some of the world’s largest and most innovative payment players.
Core Solutions
- Way4 Card Issuing – handles debit, credit, prepaid, virtual, and fuel card programs on a single platform
- Way4 Acquiring – supports POS, e-commerce, mobile acquiring, and dynamic routing with real-time settlement
- Way4 Digital Wallets – enables banks and fintechs to launch secure, tokenized mobile wallets and super apps
- Real-Time Payment Processing – scalable switch engine for interbank, scheme, and national payment rails
- Tokenization and Instant Issuing – supports digital-first card issuance and embedded finance use cases
Key Capabilities
- Unified platform for issuing, acquiring, switching, and wallet services
- ISO 8583, ISO 20022, and REST API support
- Modular cloud-native and on-premise deployment
- Multi-currency, multi-institution, and multi-language functionality
- Real-time transaction analytics, fraud monitoring, and compliance tools
Relevance in the African Market
OpenWay has played a key role in enabling modern payments infrastructure across Nigeria, Egypt, Ghana, Kenya, and South Africa, with use cases including:
- Real-time national payment switches and central card systems
- Digital wallet deployments for Tier 1 banks and telcos
- Instant virtual card issuance and QR-based payments
- EMV acquiring platforms for merchant aggregators and PSPs
Financial Institutions and Partners in Africa
OpenWay Way4 is known to support payment processing for several African clients, including:
- UBA Group (United Bank for Africa)
- Interswitch Group (Nigeria)
- Network International (across Africa and the Middle East)
- Domestic Card Solution – Ethiopia
Target Clients
- Commercial banks
- Fintech companies and neobanks
- Processors and merchant acquirers
- National payment systems and switches
- Telcos offering mobile financial services
OpenWay empowers institutions in Africa and globally to scale high-volume digital payments, launch innovative card programs, and support interoperable national switches through a robust, secure, and future-ready platform.
Website: https://openwaygroup.com
