Tag "OpenWay"

Cambodia’s Sathapana Bank Taps OpenWay for Credit Card Launch

Cambodia’s Sathapana Bank has launched new Mastercard credit cards following its successful migration to the Way4 digital payment software platform, a move that consolidates various payment systems into a single infrastructure. Powered by payments software provider OpenWay, this move enhances

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How to Skyrocket Your BNPL Products: Technology is Everything

Buy Now, Pay Later (BNPL) wallets were once dubbed a “billion-dollar plan to destroy credit cards.” However, BNPL providers such as Afterpay and Klarna have since begun offering contactless Mastercard and physical Visa cards, respectively. Currently, both Visa and Mastercard

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Cross-Border Merchant Acquiring: New Technology, New Competitors

Cross-border merchant acquirers are busier than ever after the pandemic accelerated e-commerce worldwide. Moreover, they are getting a boost from global tourism, which is now “on track for full recovery” in 2023, according to the international arrivals data of U.N.

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OpenWay Sets up Its Second Hub in Vietnam

Global payments software provider OpenWay has expanded its presence in Asia with the opening of a new hub in Ho Chi Minh City, Vietnam. This latest addition marks OpenWay’s second hub in Vietnam besides the one in Hanoi. OpenWay has

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A Guide to Launching Payment Innovations in Record Time

In the digital payments industry, everyone is competing like Olympic sprinters. It took digital bank Timo in Vietnam only 4 months to launch an award-winning API-based payment system on AWS, with a unique human-touch concept that targets 5 million cardholders.

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JIVF Partners With OpenWay to Bolster Its Suite of Credit Offerings

JACCS International Vietnam Finance Company (JIVF) announced that it will be migrating to Way4, a digital payments platform from OpenWay to bolster its suite of consumer finance products. JIVF is a member of JACCS, which was founded in Japan in

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What Fintechs Should Know About Central Bank Digital Currencies

Are you a bank or a non-bank fintech? With 11 countries already having launched their own Central Bank Digital Currencies (CBDCs) and more than 100 countries in the process of developing one, payment players are taking notice. OpenWay sheds light

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Top 5 Fintech Whitepapers to Keep You Future-Ready

The digital payments market in Asia-Pacific is expected to more than triple to US$67.42 billion by 2028, according to a recent estimate. That’s a healthy growth of 21.1 percent CAGR from US$17.85 billion in 2021, fuelled by customers’ familiarity with doing

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Vietnamese Digital Bank Timo and OpenWay Bag Award for Payments Software

Vietnamese digital bank Timo and OpenWay, a digital banking and payment software platform, received the Vietnam Technology Excellence Award for Payments Software for its digital banking platform. The award programme recognises major breakthroughs and innovative ways that technology is used

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LOTTE Finance Leverages OpenWay to Roll Out BNPL Services in Vietnam

LOTTE Finance Vietnam, a subsidiary of South Korean credit card company LOTTE Card, has rolled out Buy Now, Pay Later (BNPL) services for customers in the country. The “PayLater by LOTTE Finance” feature is based on the Way4 digital payments

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