Transaction switch openway что это
WAY4: определение, область использования и принцип работы
Что это такое — Way4? Way4 — это специализированная программа в банковской сфере, ориентированная на электронный банкинг, обслуживание платежных, зарплатных, кредитных и других карт, а также на дистанционное обслуживание собственных клиентов.
Процессинг Way4 способен обслуживать :
Программа Way4 распространена по всей з емле и используется в более чем 150 мировых банках, на ее основе строятся оцифрованные банковские решения, локальные и национальные платежные системы, платежные операторы и платежные шлюзы. Несколько клиентов Way4:
Как уже сказано, в России первым данную технологию стал применять Сбербанк РФ, на основе Way4 у Сбера функционируют:
Недавнее исследование РБК показало, что в России данная технология обслуживает около 89 миллионов клиентских банковских карт.
Что это такое — Way4
Way4 — это такое решение, которое способно создать единое мировое платежное пространство между всеми банками, которые используют эту программу. Преимущество данной технологии в том, что она способна работать в формате «24 на 7» в высокопроизводительном режиме, к примеру, она может поддерживать больше 3000 транзакций в секунду и более 150 млн карт сразу. Также решение Way4 получил сертификаты от:
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Way4. Very Digital Payments
Leading payment institutions are using Way4 digital payment solutions for account management, digital wallets, card issuing, acquiring, switching, e-commerce gateway, and omni-channel digital banking.
Secure your client portfolio and profits today, and look to the future by generating new revenue streams. Many are doing just that by leveraging the modular nature of Way4 to launch a variety of payment processing products. You can easily configure Way4 to your needs to achieve your company’s specific objectives, whether you are taking on a new role in the payments market, or even building your own payment ecosystem.
OpenWay’s client portfolio includes banks and processors, telcos, fleet companies, and governmental agencies. Many of them migrated from legacy systems to Way4 as part of their digital transformation program. Some confronted the limitations of existing service providers and decided to move payment technologies in-house. Others realized their ambitions to go cross-border. Still more launched their greenfield business on Way4 and became tier-1 companies.
Top-Ranked Vendor
A trusted partner for clients since 1998, OpenWay has transformed from a European start-up into a global leader. We were ranked #1 by over other digital payment software vendors by Gartner and Ovum, also by Aite, on top of other digital payment software vendors. Some awards and rankings in detail:
“Best-in-Class” Vendor of Payment Processing Platforms by Aite, in its “Aite Matrix: Payment Processing Platforms 2021“ report
The only vendor to receive the highest rating in the “MarketScope for Multi-Regional Card Management Software” reports by Gartner since 2009
Ovum Decision Matrix: Card and Merchant Management Platforms Selection
WAY4 Switch, OpenWay’s switching system for card payments transactions, has demonstrated a record performance of 3000 business t.p.s. on a Sun6900/Oracle platform. To date, it is one of the highest performance indicators for card payment transaction switching systems run on an open platform.
WAY4 Switch, OpenWay’s switching system for card payments transactions, has demonstrated a record performance of 3000 business transactions per second on a Sun6900/Oracle platform. To date, it is one of the highest performance indicators for card payment transaction switching systems run on an open platform.
WAY4 Switch is a high-speed, round-clock available system based on a flexible product and transaction framework. This combination makes the system attractive for large banks, processors, and telecommunication companies planning to invest in new-generation transaction switching systems.
The Event
3000 business transactions per second (TPS) is the official performance indicator set by WAY4 Switch on a Sun 6900/Oracle 10g platform during a major benchmarking exercise conducted at the Sun Microsystems Benchmark Centre in Langen. 3000 business TPS is one of the highest performance indicators for transaction switching systems run on an open platform.
The Challenge
Today, many companies look for new IT solutions to support the growing business that allows them to quickly create new products and services while optimizing processes and cutting operational costs.
However, the assumption was that new-generation systems were incapable of supporting high volumes when they ranged into tens of millions of cards and thousands of transactions per second.
The Solution
How does WAY4 enable companies to reach high performance levels while simultaneously maintaining a complex set of rule-based functionalities?
As Wim Pardon, Director of OpenWay Belgium, explains: «First, it is the unique architecture of the WAY4 Core that supports Switch, CMS, and EMV Personalisation on a single platform. Secondly, we are constantly perfecting the system through benchmark testing in our laboratories. And last but not least, it is our on-hands experience in real-life implementations.
Pieter Heyn, Sun’s Global Strategy Manager for Banking commented: «Customers are increasingly migrating their payment transaction systems to open, standards-based platforms for cost, performance and flexibility reasons. This benchmark result provides customers with compelling evidence of the combined strength of OpenWay’s WAY4 framework and Sun’s Solaris 10-based platforms. We have been most impressed with the performance of the OpenWay product and look forward to working closely with their team on joint opportunities.»
Already, our clients are processing volumes of 11 million or more debit and credit cards on a single WAY4 platform. Our next target is 50 million cards and 10,000 business TPS.
By enabling complex request exchanges in various dialects such as ISO8583, NDC/DDC, XML/IFX and others, WAY4 Switch gives clients access to products and services from various back-office systems and billing systems through ATM, POS, Kiosk, Web, IVR, and mobile banking, as well as Visa, MasterCard, American Express payment networks, and other channels.
Authorisation and authentication, online risk management, channel and request monitoring, transaction tracking and other functions are included in the WAY4 Switch infrastructure.
Distributed application architecture, the reliability of the Sun hardware platform, and Unix/ORACLE clusters all contribute to a highly reliable, scalable solution capable of handling high transaction volumes 24×7.
The Details
In the Langen benchmark exercise, the platform configuration consisted of multiple SF6900 and SFT 2000 domains, hosting WAY4, Oracle and application server instances.
Transaction generators simulated 20 acquirer sites as transaction sources and 20 issuer sites as transaction destinations. A mix of various types of credit and debit transactions, originating from various channels, such as ATM, POS or e-gateway, was generated during the tests. Over 1 million transactions were generated for each test case, with individual transactions consisting of two messages: ISO8583 0100 request and 0110 response.
Each real-time financial transaction was defined as a complete business transaction cycle involving an authorisation request with complete online fraud monitoring and corporate hierarchical credit/risk checking including commission, VAT and fee calculations.
WAY4T demonstrated a stable performance of close to 3000 authorisation TPS with an 80% Oracle 10g database server load (SF6900 domain with 8 CPU) and a 20-50% application servers load (2 SF6900 domains with 4 CPU and SFT2000 domain with 1 CPU).
Way4 Payment Switch
Omni-channel payment hub, ATM/POS transaction switching, e-commerce gateway, interfaces to payment schemes, and more
Omni-Channel Transaction Switching
Is your payments technology fit for the future? Today people shop globally, send money instantly abroad, and choose their payment method based on location, services, pricing or just personal preferences.
Way4 Payment Switch software is the foundation you need to increase transaction volumes and be competitive with prices and services.
For CEOs
Increase online revenues by enabling digital transformation on a single platform: POS and ATM management switching, omni-channel payments hubs, e-commerce gateway, digital wallets, instant payments, alternative payments, national and cross-border payment switching
Orchestrate various systems online into smart services and ensuring convenient security
Expand your offer with associated services and third-party partnerships via rich API
Provide the best possible customer experience with smart routing, fast time-to-market for new services, high stability, and a wide service offering
Facilitate cross-border payments supporting both unification and local specifics
Reduce the total cost of payment acceptance with high security standards and daily routine automation
Monetize the payment data for adaptive pricing and personalized services and benefit from level-3 data analysis
For CIOs
Ensure interoperability via a wide range of protocols and the ability to create new ones quickly
Connect internal systems, channels, payment schemes, and third-party service providers via rich API
Set your rules for routing, fees, and fraud prevention that are adaptive to customer behaviors
Create your own services using business rules and scripting
Achieve high standards for security and fraud prevention
Be highly available and support millions of transactions per day
Tier-1 Payment Players and Startups Unite on Way4
Banks, processing companies, telecommunication and fleet companies, national payment switches, e-money institutions and PSPs use the Way4 universal payment hub all over the world to run local and cross-border payment businesses.
Some of our customers’ achievements:
34,000,000 transactions per day
4,300 transactions per second
1,400 different payment types on a single WAY4 installation
26 independent banks organized in a regional switch with clearing and settlement on Way4
OpenWay Named “Best-in-Class” Vendor of Payment Processing Platforms
OpenWay was recognized as the highest-ranked vendor of payment processing platforms in the global market by Aite, a global research and advisory group.
Released in 2021, the Aite Matrix: Payment Processing Platforms report showed OpenWay as the only payment solutions vendor to be ranked “best in class” for its high scores, both in the product performance and vendor strength categories.
Aite’s analysts evaluated seven short-listed technology vendors who provide software solutions for card issuing and merchant acquiring to retail banks and processors. The evaluation criteria included vendor stability, client strength, product features, and client services. Based on the results of the research, Aite divided companies into three groups: best in class, contenders and incumbent/emerging.
“Best in class,” the group where OpenWay was the only directly named member, serves to indicate leaders in this vendor market. If a company scores as high as “best in class”, as the research confirms, it has strong financials, diverse client bases, and robust product offerings with industry-leading functionality and reliable client service. Essentially, it is the player that everyone else has to chase.
The “contenders” group in the report lists five vendors. Despite their stable businesses and client bases, some of them were reported to struggle at times to identify the next big market trend or product features, while others failed to update overall performance and infrastructure due to inconsistent R&D or IT investment. Finally, another vendor was placed in the “incumbent/emerging” group, which, according to Aite Group, is reserved for “players with a large potential for future growth or established vendors with stagnating offerings».
OpenWay is the global developer and vendor of Way4, the digital payment software platform covering every aspect of the payments business from card issuing and merchant acquiring to transaction switching, digital wallets, and fleet cards. Way4 software solutions are used all over the world by Tier-1 and startup bankcard issuers and merchant acquirers, payment and fleet card processors, fintechs, national payment schemes, oil and telecommunication companies. The platform may be installed and run on premises or in the cloud, comes with rich APIs to support payment ecosystems, and provides real-time payment data analytics for a better customer experience.
Ron van Wezel, Senior Analyst at Aite Group
“Banks need to invest in payments modernization to stay competitive and generate new revenue. Selecting the right payments software platform is essential to achieve that goal. To inform the market, Aite Group assessed the competitive position of seven global technology vendors that provide card issuing and merchant acquiring platforms. The research showed that the payments software platform market is robust and very competitive, and most vendors were close contenders. Overall, OpenWay obtained the highest score based on the evaluation criteria as well as client feedback, positioning the firm as strong candidate for banks and FIs looking to replace their payments software platform.”
Maria Vinogradova, Director of Strategy and Market Intelligence at OpenWay
“The in-depth scope and methodology of Aite Matrix is impressive, especially given the complexity of the payments market! It is an honor for OpenWay to be the only vendor clearly named in the “best in class” category by Aite. This recognition would not have been possible without our clients and their trust in our team. What we accomplish together is often exceptional, seen in the quality of new ideas, the efficiency of implementation, and the scale and speed of their business growth. I encourage banks and fintechs to take advantage of new digitalization opportunities and rely on a technology partner who can amplify the success of their new payment projects.”
About Aite Matrix
The Aite Matrix is a comprehensive proprietary vendor evaluation process designed to provide a holistic analysis of participating vendors and identify market leaders in each evaluated vendor market. By incorporating many aspects of a vendor’s essential characteristics for success and growth, including financial and client stability, product features, and customer service, the Aite Matrix provides an actionable guide for market participants looking for viable third-party vendor solutions and services.
About Aite Group
Aite Group is a global research and advisory firm delivering comprehensive, actionable advice on business, technology, and regulatory issues and their impact on the financial services industry. With expertise in banking, payments, insurance, wealth management, and the capital markets, Aite guides financial institutions, technology providers, and consulting firms worldwide. It partners with its clients, revealing their blind spots and delivering insights to make their businesses smarter and stronger.