MDM Bank launches single-tap mobile payments; OpenWay provides tech


One of Russia’s major banking players, MDM Bank, has rolled out a single-tap Mastercard Contactless mobile payments option. The service is underpinned by the WAY4 Host Card Emulation (HCE) technology from OpenWay. MDM Bank’s customers can now pay from their Mastercard account with no need to enter a password or PIN code or even activate […]

Sberbank Kazakhstan opens way to cardless cash withdrawals

Andrei Timchenko, deputy CEO – retail at Sberbank Kazakhstan

Sberbank Kazakhstan and OpenWay have launched a cardless cash withdrawal service on the Way4 platform. The bank’s customers can now get cash at more than 900 ATMs without a card. Instead, a “secret” code is entered at the ATM. The new “cash by code” functionality was developed by OpenWay together with an unnamed third party […]

Chase Bank Kenya migrates card portfolio to OpenWay’s Way4 platform


Chase Bank Kenya has migrated its full card portfolio to the Way4 payment software platform from Electra Card System. The solution is developed by Belgium-based OpenWay and Way4 will support the issuance of prepaid, debit and credit cards — under the MasterCard and Visa brands. Chase Bank Kenya is looking to grow its cards business […]

Azerbaijan mobile wallet makes debut

Azerbaijanis will now be able to use their mobile to withdraw cash and make transfers in the oil-rich Caucasian republic

Azerbaijan card processing company AzeriCard has partnered with software firm OpenWay to create a mobile wallet that helps Azerbaijanis to withdraw cash from ATMs using a mobile phone and transfer money without using a bank card.

Oschadbank Ukraine adopts online and mobile banking tools

Oschadbank will use Way 4 to integrate its mobile and online banking tools

Ukraine’s Oschadbank has installed a remote banking service that it says will help it to create a single ‘payment ecosystem’ that covers cards, security, payments and transfers.