OpenWay And UnionPay International Expand Global Cooperation To Deliver Full UPI Product Support On Way4

OpenWay and UnionPay International (UPI) have expanded their partnership to deliver complete support for UnionPay International products on the Way4 platform, enabling banks, processors and fintechs worldwide to issue, acquire and tokenise UnionPay cards in real time.

Way4 is OpenWay's digital payment software platform used to run card issuing, acquiring, switching and digital wallet services. The expanded agreement means OpenWay clients can now deploy UnionPay-powered payment services across markets with greater speed and consistency.

As part of the expansion, OpenWay has enabled the initial launch of Big Pay functionality for UnionPay cards on the Way4 platform with six major banks in Central Asia. The company describes this as the first time globally that a UnionPay card has been integrated with a Big Pay. Additional Big Pay integrations are planned and expected to go live in the near future.

OpenWay's history with UnionPay dates to 2004, when it powered the first-ever issuance of a UnionPay card in Kazakhstan on the Way4 platform. Since then, the partnership has supported the rollout of UnionPay chip cards and acquiring infrastructure across Central Asia.

Rustem Nurmambetov, Operational Director, OpenWay in Central Asia said:

"This partnership demonstrates the power of glocal innovation. Global breakthroughs often begin with local vision. Together with UnionPay International and our local banking partners, we are setting a global precedent for modern, inclusive, and interoperable payments."

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